Denis O’Neil’s Addenbrooke is back with a Pyrmont residential project
Property Observer (Urban.com.au) | By Jonathan Chancellor
The construction of a new eight storey mixed use Pyrmont development, comprising a residential flat building and ground floor commercial premises has been proposed by property developer Denis O'Neil.
The cost of works were calculated in accordance at $7,260,000.00 including GST. The proposed development will provide 13 residential apartments if accepted by Sydney City Council.
The site is located at 67-69 Murray Street, on the corner of Bunn Street and Murray Street.
The site is rectangular, with an area of 291 sqm. The site, which holds a convenience story, last traded at $3.4 million in 2002. There is no paperwork showing any recent transfer to Addenbrooke.
Surrounding land uses are a combination of residential and commercial, including multistorey residential development, and significant tourist accommodation.
The site is separate to, but contiguous, with a group of warehouse buildings, with the two buildings furthest to the north being heritage listed (47-49 and 51-53 Murray Street).
SJB Architects say their proposal responds "sympathetically to the surrounding urban grain and form."
The developer's website says “Murray Street” is a super high end boutique development of only 13 apartments set in the heart of Pyrmont. The building is set on a corner boasting 270 degree views with a glass façade wrapping the building. Construction is set to take place in November 2018."
Addenbrooke, which has become an O'Neil family business, previously developed apartments at the Goldsbrough Mort woolstore at Pyrmont in the late 1990s.
Addenbrooke has developed some of Sydney’s most prestigious properties spanning over 3,500 apartments, retail precincts and commercial buildings..
The O'Neil family know Pyrmont well since founding nearby Hymix Concrete, the largest private quarrying, transport and concrete business in Australia in 1956 which was sold to Pioneer, now Hanson. in 1998.
Following of Hymix Concrete, Denis focused his attention on property development, establishing Addenbrooke Pty Ltd.
Addenbrooke’s baton has been taken up by Denis’s three son’s Ned, Jake and Toby.
Read the original article here.