A massive northern beaches development site has hit the market with projected offers in excess of $20 million.
Aruma, one of Australia’s leading disability care providers, has outgrown its Belrose location, so the 10,170 sq ft site is up for sale through Henry Burke, Eugene White and Miron Solomons of Colliers.
Armuma Chief Operating Officer, Tiffany Roxburgh, said proceeds from the sale of the company’s headquarters at 49 Blackbutts Rd “will be put back into options that best support our customers and staff”.
“Our investment will support people with disabilities in NSW, by providing our customers and staff with suitable, modern and technically supported spaces,” said Ms Roxburgh.
“We are fully committed to creating more inclusive and accessible places to work, live and visit.”
The property features a low-density R2 residential area with a height limit of 8.5m and has double street facades, extensive boundaries and a gentle north-south slope with the potential to unlock expansive districts and Sydney CBD faces.
“Placed on an incredibly rare, large and expansive residential land position, this site sits in a quiet suburban residential area on Sydney’s famed Northern Beaches, offering a fantastic opportunity to create a development that blends in with the unique French forest landscape. and the local community,” said Mr. Burke.
“Located opposite the recently upgraded Frenchs Forest Showground in an area served by an abundance of retail, cultural and public amenities, we expect interest from a range of development groups to be high, given the demand for housing and aged care in the Northern Territory. beaches,” added Mr White.
Ms Roxburgh says staff, customers and local residents will be kept informed of the changes.
The Belrose site dates back to 1965, when Lionel Watts, the founder of House with No Steps, a disability services company, lobbied the state government for a land grant in the Belrose area to help his organization grow.
In 2018, House with No Steps came together with another provider, The Tipping Foundation, to form Aruma.
Aruma now supports more than 5000 people with disabilities in Queensland, NSW, ACT and Victoria.
The property will be put up for sale through expressions of interest and will close on October 20 at 4pm.
Originally published as The Huge Development of Aruma’s Northern Beaches, a $20 Million Guide