Vermont plots The Henry launch ahead of Roseville apartment boom

Roseville's apartment market is poised for a new wave of development, with several projects expected to launch in the coming months following the NSW Government's push to increase housing density around key transport hubs.

One of the first cabs off the rank is expected to be Vermont Property Group's The Henry, 60 apartments on Shirley Road, designed almost exclusively for local downsizers looking to remain in the area.

The seven-storey development is one of the first projects approved in Ku-ring-gai under the NSW Government's original Transport Oriented Development policy, which unlocked additional housing opportunities within walking distance of train stations.

Vermont Property Group Directors Patrick McNamee and Patrick Caruso say The Henry builds on the success of the group's previous projects, where larger apartment configurations have consistently resonated with owner-occupier buyers.

"Nearly every apartment at The Henry is a three-bedroom residence," McNamee says.

"We've found that downsizers in this market aren't looking to compromise on space. They want the ability to entertain, accommodate visiting family and maintain the lifestyle they've become accustomed to in a house, just without the maintenance."

Positioned on Shirley Road, The Henry occupies a unique location on the edge of the TOD precinct where development controls taper away from the site. The result is extensive district views from much of the building, with many apartments capturing outlooks towards the North Sydney skyline and CBD.

"The site sits right on the edge of where the floor space ratio falls away in every direction," McNamee says.

"That means the majority of apartments enjoy open outlooks that are unlikely to be built out in the future, which is becoming increasingly rare in Sydney."

A significant focus for Vermont during the design process was the building's amenity offering, particularly as buyer expectations have evolved since the developer delivered its over-55s community Belvedere in Dural.

"There's been a huge shift towards wellness," Caruso says.

"But with every buyer likely to be a downsizer, there needs to be greater scrutiny around what amenities are included.

"What we've found from speaking with previous purchasers and the broader market is that downsizers are sensitive to paying strata levies for facilities they won't use. Every amenity at The Henry has been selected because it aligns with how our buyers actually want to live."

The amenity offering is headlined by a rooftop pool, a feature rarely seen in the Lower North Shore apartment market. The rooftop also incorporates barbecue facilities, outdoor dining spaces and landscaped entertaining areas designed to take advantage of the elevated outlook.

Residents will also have access to a cinema room, residents' lounge and a wellness centre featuring a sauna, cold plunge, gymnasium and massage room.

The Henry takes its name from William Henry, an early Lane Cove settler and emancipist, as a nod to the area's rich local history. Pre-release sales have commenced through Wiseberry agent Scott Matthews.

Roseville is expected to see significant buyer interest in the coming months, with Aqualand also set to launch Boronia by Aqualand, 111 apartments near The Henry on Larkin Street.

Hyecorp, which is currently delivering Juliet near Roseville Station, also has a new project in the area, set to launch later this year. That will have over 260 apartments.