Eastview has received the green light for a $24 million six-storey residential and commercial project at 165 Military Road in Neutral Bay, occupying a prime 762 square metre site at the corner of Military and Wycombe Roads.
The development, designed by AE Design Partnership and Embece, will feature 21 apartments spread across levels two to five. The residential mix includes eleven two-bedroom apartments, four two-bedroom apartments with additional study spaces, four three-bedroom apartments, and two three-bedroom penthouses.
At street level, the building will house two retail tenancies, totalling 384 square metres of commercial space. The project also incorporates three levels of underground parking, providing 25 car spaces, four motorbike spaces, and bicycle storage within the resident storage area.
The strategic location of the development places it within 400 metres of key local amenities, including Neutral Bay Public School and Redlands Seniors School, enhancing its appeal to potential residents.
The journey to approval for this project has not been without challenges. Initially refused in 2022, the proposal recently gained approval through the Land and Environment Court, marking a significant milestone for Eastview and the Neutral Bay community.
This development represents a notable addition to Neutral Bay’s urban landscape, blending residential and commercial spaces in a prime location. As the project moves forward, it is expected to contribute to the area’s growth and potentially influence future developments in the suburb.
Local residents and businesses will be watching with interest as construction begins on this new addition to the Neutral Bay skyline, which promises to bring new housing options and retail opportunities to the heart of the suburb.
Published 19-June-2024