More than 1000 Sydney apartments are in the pipeline for buyers as Toplace Group construct three key projects for completion by 2025.
One of Australia’s largest privately-owned building, construction and property development companies, Toplace Group uses careful market analysis to identify locations where it is anticipated to provide value for owners and investors with construction underway before sales begin.
Vela, Castle Hill
In the second half of 2022, sales will start on one- and two-bedroom apartments in the Vela development at Castle Hill in the Hills District, 30km northwest of Sydney CBD.
The third of five buildings, Vela is expected to be completed later this year or by early 2023 and will feature 194 apartments close to Castle Towers Shopping Centre and 400m from the new North West Rail Link.
Toplace Group sales and marketing director Phillip Meyers said it was located on Sydney’s highest summit and apartments had views towards the Blue Mountains and the city skyline.
“It’s a nice building, close to the shopping centre and close to the metro – a good location high on the hill,” he said.
“It will be appealing more to the younger apartment buyer and also the investor market.”
Panorama, Box Hill City Centre
Box Hill City Centre is a mixed use development under construction with completion expected by late 2023 or early 2024.
Above a 22,000sq m shopping centre attracting retailers such as Coles, Liquorland and Chemist Warehouse, there will be nine residential buildings on a podium featuring 660 apartments with one, two and three bedrooms in the Panorama development. Other attractions include a gymnasium and pool.
“There’s a really good mix of tenants in there,” Mr Meyers said.
The community, 42km northwest of the CBD, will also be connected to Sydney CBD by the North West Rail Link with a bus interchange also proposed.
888 Bourke St, Zetland
In the inner city at 888 Bourke St, Zetland, excavation work has started with a two-year construction expected to finish in 2025.
PTW Architects have designed the mixed-use development, which features a curving brick facade to mask 182 apartments and reflect the built history of the area.
“It’s certainly a smaller-sized development compared to what we normally do,” Mr Meyers said.
“It’s a nice, beautiful building – boutique, high-end development with nice finishes and two colour schemes.
“There’ll also be good access to high-speed internet for people who want to work from home.”
The project has two buildings with a retail tenancy on the ground floor and an integrated car park.
Layouts will feature one, two and three bedrooms with designs and technology being reviewed for the increasing post-pandemic demand to have work-from-home provision.
The suburb, 4km south of the CBD, has undergone a recent renaissance and is 6.5km to Coogee Beach.
On sale now
Toplace Group got just a handful 1 & 2 bedrooms apartments left for sale at Jolyn Place in Rosebery, 6km from the CBD, and Pemberton on the Park at Botany, 3.5km from Sydney Airport.
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