Sydney-based Dvelopr has lodged plans for a high-end apartment project in Cronulla, the coastal hotspot south of Sydney that’s experiencing an upsurge in luxury development.
The private developer has put forward plans for a five-storey boutique apartment block on an amalgamated site at the end of Clyde Avenue, padding out its growing portfolio in the Sutherland shire.
The apartments will replace four bungalows at the end of a cul-de-sac, which were snapped up by the developer in one line.
Dvelopr said it pursued the rectangular site due to its proximity to the South Cronulla Beach, the Cronulla train station and Gunnamatta Park.
The development will be targeted at owner-occupiers at the top end of the market, and architecture firm Site Design Studios has been enlisted to design the project that will offer 21 two and three-bedroom apartments, ranging from 100 to 158 square metres.
The two penthouse apartments will each have a plunge pool on their balconies while ground floor apartments will have private terraced gardens.
The developer said the plans for Clyde Avenue had been formed in collaboration with the Sutherland Shire Council.
The block would sit above three levels of basement car parking spaces to ensure the project would have minimal impact on locals and on-street parking, they said.
Dvelopr, which has been operating since 2014, is headed by Peter and Matthew Hall—a father and son team born and raised in the Shire.
The duo moved back into residential construction after the sale of their Australia-wide commercial building company after more than three decades in operation. The group now specialises in upmarket residential projects including high-end homes, apartments, townhouses and villas in the Sutherland area.
They are also under way on a three-storey, single-apartment-per-floor ocean-front project at 2 Tullimbar Road, about 2km north of the Clyde Avenue site. Each apartment in that project comrprises three bedrooms and three bathrooms plus three carparks.
The Cronulla beachfront is awash with luxury apartment projects.
Earlier this year, local developer Sammut Group lodged plans for a $100-million beachfront apartment block after snapping up the 1300sq m site for $38 million in an off-market strata amalgamation deal with 18 separate owners in February.
Sammut is also forging ahead with plans for a $350-million, mixed-use development at 3-23 Kingsway, after pulling off a similarly complex site aggregation that cost more than $100 million.
And Fiducia has approval for 12 Mediterranean-inspired apartments over five storeys at 14 Roker Street.
