Plans Filed for $41m Apartment Tower on Lower North Shore

Plans have been filed for a $41-million apartment tower in Sydney’s booming lower north shore, six years after the site was acquired.

The Dan Family Investments Group’s New Golden International lodged the application for the 13-storey, 104-apartment development with the Lane Cove Council.

The group amalgamated more than 2500sq m across 1-3 Holdsworth Avenue and 10-12 Marshall Avenue in July 2015 for $31 million

The PTW Architecture-designed project was lodged by New Golden St Leonards. Hanhu Dan is listed as the sole director.

The site is part of the St Leonards south precinct and is zoned R4 high-density residential.

The St Leonards south precinct will soon boast a large urban park, the St Leonards Plaza, which is a six minute walk from the 3 Holdsworth Avenue project.

“The desired future character of the St Leonards South Precinct is a liveable, walkable, connected, and safe precinct which builds upon the transit and land use opportunities of St Leonards and Metro Stations, as well as commercial centre,” PTW Architects said.

The developer plans to demolish the existing detached residences and structures on the site.

The apartment tower will include a four-storey basement carpark with 91 residential and 21 visitor parking spaces.

The building will have a gross floor area of 9076sq m, with a 3.45:1 floor space ratio and a building height of 43 metres.

One of the apartments will have four bedrooms, and there will be 22 three-bedroom units, 43 two-bedroom and 38 one-bedroom units.

There are also plans for 400sq m of public open space, 619sq m of deep soil landscaping, 680sq m of communal open space and a green spine communal space on the ground floor with access via Holdsworth Avenue.

PTW Architects said the project will utilise the nearby amenity of St Leonards and Metro Stations and future public plaza.