Dee Why / Collaroy Blog

Foreword

Hundreds of millions of dollars will be invested by Northern Beaches Council and private developers, in a makeover that will deliver an attractive, livable and thriving CBD by the sea, featuring new parks and other community facilities, better roads, more parking, hundreds of residential apartments, and retail and office space.

Our Dee Why

Dee Why Town Centre, 18 kilometres north-east of the City of Sydney, covers approximately

36 hectares stretching from Stony Range Regional Botanic Garden in the south, along Pittwater Road, to Dee Why RSL and Dee Why Lagoon in the north. Within these boundaries are mixed-use districts to the east and west of Pittwater Road, along with the Northern Beaches Council Civic Centre, Dee Why Library and some limited car parking.

The headline act of the transformation will be the magnificent $300 million Lighthouse development, located on Pittwater Road and Oaks Avenue. The Lighthouse name reflects how the grand structure’s dazzling glass-facade towers will soar, flooding its hundreds of contemporary one, two and three-bedroom apartments, with natural light.

Lighthouse will evolve as a four-tower project with an upmarket retail centre, childcare facilities and commercial suites on the 1.44-hectare site, along with a range of resident lifestyle facilities. Without argument, Lighthouse will be the epicentre of Dee Why Town Centre transformation, providing a true village-like open air retail hub for our suburb.

A positive effect on real estate prices

The infrastructure improvements will have a positive impact on real estate values in Dee Why and the surrounding suburbs, including Collaroy. We estimate that private investments will add close to $1 billion in additional residential and commercial stock to the Dee Why property markets.

Time and again, we see property prices surge when an infrastructure project of this nature is announced. And when the project is completed, the true long-term benefits to the economy, community and real estate market will be realised.

If you are considering purchasing a property in Dee Why or surrounding suburbs, this brochure is a must-read, as it details the extent of the Town Centre’s massive infrastructure improvements and how they will impact property values in one of Sydney’s most popular commercial and population corridors.

For your full copy of the Dee Why Town Centre report click here