ApartmentsVanessa CrollWed 17 Jun 26
NSW Density Push Drives $78m in Fresh Apartment Plans at Mosman
Two more apartment projects have landed in front of one of the Sydney councils pushing back hardest against NSW’s density reforms, extending a development pipeline already spilling into the courts.
The applications propose 53 apartments and almost $78 million in works across Mosman, where the council is preparing its own housing plan while developers continue lodging under the state’s Low and Mid-Rise Housing Policy.
MADE Property is behind the larger bid (pictured above) that follows a reported $65-million strata buyout at 13-15 Moruben Road.
The eight-month deal brought together all 17 owners and was brokered by McGrath Mosman agents Nadine Marando and Nick Gittoes with Chem Property acquisition specialists Chaim Lieder and Emilie McKenna.
Two apartment blocks of 17 homes would make way for a nine-storey building designed by Luigi Rosselli Architects.
Filed this month, the $61.5-million proposal puts the reported acquisition and estimated works above $126 million before finance and other development costs.
Plans comprise 30 apartments—three one-bedroom, five two-bedroom and 22 three-bedroom homes—above three basement levels with parking for 49 vehicles.
Seven apartments would remain affordable for 15 years under the management of Bridge Housing.
The commitment allows MADE to combine LMR controls with the state’s infill affordable housing bonus, lifting permitted height from 22m to 28.6m and floor space ratio from 2.2:1 to 2.86:1.
The proposed building reaches 28.2m and uses the full 4720sq m of available floor space.
Despite the scale of investment, redevelopment would add a net 13 homes to the 1650sq m site.
The land has already passed through two earlier housing eras.
A large house named Eldin was built on the Punch Street corner about 1899 and later occupied by Reverend James Lamont, the first minister of Mosman’s Scots Kirk, according to planning documents.
The council approved home units on the property in 1967, paving the way for one of the buildings now facing demolition.
About 600m away, 380 Developments has lodged a $16.2-million application to replace four Federation-period semi-detached homes at 92-98 Cowles Road.
Registered in September last year, the company has directors based at three of the four addresses forming the site.
Mijollo Architects’ eight-storey scheme proposes 23 apartments, including three affordable homes, above three basement levels with 33 parking spaces.
The 845.7sq m holding formed part of a nine-property Cowles Road parcel marketed last year as a $40-million-plus development opportunity under the reforms.
The lodged application covers only four of those addresses.
An adjoining owner has objected over excavation, privacy and parking, citing a basement cut reaching up to 10m near the shared boundary.
The lodgements add to a Mosman LMR pipeline counted at 13 projects and 295 apartments in late May.
Eight were already before the Land and Environment Court after refusal or deemed refusal.
Mosman Council is spending $340,000 on an alternative masterplan aimed at concentrating additional housing across a smaller part of the local government area.
The process is expected to take about two years, while applications continue under state controls already in force.
