In March 2017 a new development made an announcement that could potentially excite the property market in Sydney. Ovation Quarter, located at Sydney’s largest residential development on the doorstep of Sydney Olympic Park, released its first stage of apartments which consists of 170 luxurious, efficient and well-sized one, two and three-bedroom apartments.
The development is by Australia YMCI (AYMCI) - a subsidiary of international developer YMCI, highly credentialed experts in delivering major urban and environmental projects including significant infrastructure, commercial, retail and residential developments.
In total, Ovation Quarter consists of approximately 3,000 architecturally designed, luxury apartments in a property market Sydney considers to be amenity-rich. The project has been considered to be an important piece of the significant urban regeneration of Sydney Olympic Park and its surrounds, which has been regarded by the NSW State Government as a priority growth precinct.
Once complete, Ovation Quarter will become a bustling new precinct for Sydney, where AYMCI is to provide land for a new public primary school, delivery of parks for use by the wider community, a high street and town centre with an abundance of restaurants, cafes and retail.
AYMCI CEO Mark Ma said Ovation Quarter would capitalise on the growth earmarked for the local area.
“Set against the wider evolution of one of the most iconic destinations in Sydney, the urban regeneration of Sydney Olympic Park and its surrounds, Ovation Quarter will benefit from the State Government’s planned infrastructure and amenity investment well into the future," he said.
“The precinct will become an exceptional new neighbourhood for Sydney, with a high street and new town centre offering restaurants, retail and community spaces where residents can celebrate a new way of life.
“The planned primary school, abundance of parks and open spaces as well as its proximity to Sydney Olympic Park transport links and amenity, just 40 minutes from Sydney’s CBD means the precinct offers an amazing opportunity for homebuyers and investors.”
AYMCI has partnered with a team of Australian residential property experts including leading architects Kann Finch, interior designers Urbanite, landscape architect Environmental Partnership, and built environment brand and marketing experts Frost Creative, to deliver a new standard of contemporary Australian living at the precinct.
Kann Finch Principal Michael Gaston said Ovation Quarter has been expertly masterplanned, drawing on the surrounding amenity to deliver an exemplar of modern day Australian living.
“Where else in Sydney can you see a concert and be home before the applause has ended, enjoy large spacious parklands right on your doorstep and have the kids go to school next door? Ovation Quarter’s lifestyle amenity is outstanding and the area is set to become a vibrant new community centre.
“Perfect for families, the apartments have been designed drawing on the natural beauty of the surrounding area, including large balconies, green leafy spaces and light filled apartments,” he said.
The area is surrounded by world-class sporting facilities, a legacy of the Sydney Olympic Games in 2000, as well as Sydney’s leading entertainment venues and an abundance of parklands and open space, enjoying the best transport links in the country, just 40 minutes from Sydney’s CBD.
Development action in Ovation Quarter's surrounding area
Due to Ovation Quarter's proximity to theSydney Olympic Park precinct, it is expected to be at the forefront of a lot of development action in the years to follow.
In 2010 the New South Wales adopted the 'Master Plan 2030', which is a "blueprint for the sustainable development of Sydney Olympic Park into a vibrant suburb in the heart of Sydney". The purpose of the plan was to establish design and planning principles and set controls for the future development of Sydney Olympic Park’s Town Centre. It was also designed to: