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An ACT-based developer has filed plans for a residential project on an amalgamated site in the Canberra suburb of Lyneham.
Domain Design Projects director Zdravko Tokic reportedly spent years negotiating to buy the land at 102, 104, 106 and 108 Goodwin Street (Section 45, Blocks 16-19) in the suburb, 4.8km north of the Canberra CBD.
Planned is a four-storey building with 40 apartments comprising 11 one-bedroom, 25 two-bedroom and four three-bedroom apartments.
Designed by Heyward Lance Architecture, several homes on the lots that make up the 2636sq m site would be demolished.
The site is a block from Northbourne Avenue and next to the Lyneham High School.
The plans also include two basement levels with 67 carparking spaces.
Ground-floor apartments would have courtyards and those on upper floors would boast balconies.
The total gross floor area for the project is 4089sq m while the total cost has been estimated at $10 million, according to documents filed with the ACT planning department.
Documents included with the planning application details three lessees: Mazdem Pty Ltd, Sophia 1998 Pty Ltd and Biao Gao.
Biao Gao is the sole lessee for 102 Goodwin Street while Sophia 1998 Pty Ltd is the sole lessee for 106 and 108 Goodwin Street. All three lessees are listed for 104 Goodwin Street.
Tokic is listed as the sole director of Mazdem Pty Ltd, according to ASIC records.
ASIC records list Yan Hong Fang and Fang Ye as the directors of Sophia 1998 Pty Ltd.
CoreLogic property show that 102 Goodwin Street last changing hands for $580,000 in December, 2013.
It lists 104 Goodwin Street as being sold for $1.27 million in May, 2023; 106 Goodwin Street in March, 2019 for $925,000; and 108 Goodwin Street in March, 2015 for $769,000.
The project is open for comment until October 21.
