Maya, NSW
19 Bungan St, Mona Vale, NSW, 2103
Development of 33 premium apartments and 6 ground floor retail tenancies within suburb of Mona Vale, NSW.
Key Item
Value
Property Type
Land Size
Residential
1,927 sqm

In June 2021, Metrics was presented with an opportunity to acquire and develop the project with an experienced local developer.

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The project is located within the Mona Vale Village precinct, on Sydney’s Northern Beaches, located 1km from Mona Vale Beach. Surrounding amenity provides various retail and service offerings, with the project connected to transport options including the B-line express service to the Sydney CBD.

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Th apartments are of a high-level of finish, featuring natural stone, timber flooring and quality appliances which are suitable for the local downsizer market in this relaxed beachside community setting.

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The apartment product mix primarily comprises of two and three bed units, aligning with the sales strategy to owner occupier, specifically downsizers who are seeking a convenient and accessible beachside lifestyle.

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The retail tenancies include Guzman Y Gomez, Mode Pilates, and Belle Property with advances negotiations underway to lease the remaining tenancies. The retail allotments are expected to be leased and sold as a portfolio in Q2 2026.

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The project reached practical completion in Q4 2025, with over half the residential stock sold off the plan and settled, with the remaining stock expected to sell down by Q3 2026.

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