Harbouring a distinct industrial edge, the four-storey building has been designed by award-winning Environa Studio to pay subtle homage to Glebe's working class heritage.
Ranging in price from $545,000 to $640,000 for one-bedroom, $905,000 for two-bedroom and $965,000 for three-bedroom, all apartments have quality galley-style kitchens in a high-gloss finish, living areas with built-in entertainment system, maximising space and adding to the streamlined look and a rooftop recreation area with views north to the Sydney CBD.
Omega follows the successful adjoining mirror-image stage Alpha, which completely sold out prior to release.
, project director with Ray White Real Estate at Erskineville predicts Omega will also sell out quickly.
“Opportunities in Glebe are rare, and this off-market interest emphasised to me the level of pent-up demand,” Mr Shield said.
With homes priced under $650,000 in NSW, first home buyers are exempt from having to pay stamp duty and are eligible for a grant of up to $15,000.
“The apartments at Omega are priced to attract people with an eye for value, including investors,” said Mr ShieldOmega is due to be completed in late 2015.