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The first release of premium park-side apartments and terraces at the $700 million One Sydney Park masterplanned community in Alexandria will soon be launched to the market.
Currently receiving registration of interest deposits on HPG Australia’s flagship project, One Sydney Park, McGrath Projects sales director Conrad Panebianco said that investing in inner-city property within a park is a unique proposition with strong prospects for capital growth.
“The rarity of One Sydney Park being located within the 44-hectare park environment gives extra comfort to buyers regarding potential capital growth of their new asset."McGrath Projects is currently inviting interested parties to place a fully refundable $5,000 deposit in order to secure an appointment on launch day.
[Related reading: HPG Announces Winning Architects for One Sydney Park]
One Sydney Park from
Designed to extend the ecology of the park into the residential homes, residences will include a mix of one, two and three bedroom apartments, two-storey terrace houses with spacious courtyards and private internal access as well as penthouses.
[Related reading: HPG Australia’s Barney Oros on One Sydney Park]
Panebianco said the design credentials for One Sydney Park are unprecedented in Alexandria.
“One Sydney Park will bring a new level of luxury park-side living to this previously disused pocket of the inner-west, only six kilometres from the CBD.
“It offers the opportunity to purchase a premium apartment or terrace set within the bounds of Sydney’s third largest park - a proposition that is not only unparalleled but will never again be offered to purchasers, considering the city’s largest park presents no further opportunity to reside on the parklands in the future.
“The apartments and two-storey Terrace homes are ideal residences for those who love to be fully immersed by nature and will feature three interior colour schemes offering light, natural and charcoal variants utilising natural finishes and custom-built joinery.
Panebianco says young families, young professional couples, pet owners, downsizers, design and health-conscious buyers are expected to be attracted to One Sydney Park.
“It will be a largely owner-occupier offering, with generously sized apartments where families will have more room for a two bedroom apartment for instance than in other areas of Sydney.”
[Related reading: Sydney Fringe Festival Announces 2017 Program at the 'HPG Hub']
Stage One of One Sydney Park comprises 52 residences in a mix of one, two and three bedroom configurations; two-storey Park Terraces and expansive, spectacular penthouses and two-storey Tree Top terraces. All terraces enjoy a private garden.
One-bedroom apartments are expected to start from $765,000 with two-bedroom apartments with a car space from $1.2 million and three-bedroom apartments with car parking from $1.7 million. A three-bedroom terrace with parking will start from $2.2 million.
One Sydney Park will include a carefully curated retail precinct featuring boutique, specialty retailers and providores such as organic wholefood retailers, high-end fresh food producers as well as restaurants and cafes.
The precinct’s amenities will have a strong focus on wellbeing including a pool, spa, sauna and fitness space, three various types of community spaces for recreational gatherings including a work hub and a private dining suite, as well as rooftop and zen gardens.
Community car sharing will also be available to residents, with two Tesla larger model vehicles available for hire as well as Tesla car charging points. Residents will have access to an onsite concierge to address day-to-day requirements as well as providing added security.
HPG will soon enter a tendering process to shortlist a number of top tier construction companies to deliver One Sydney Park to the highest building standards.
HPG’s development director Barney Oros said there has been some recent discussion on social media regarding the ownership of the One Sydney Park site.
“We secured the site from Goodman Group in 2015 and the current residential mixed-use zoning was already in place, so it seems that council envisaged residential use for the site many years ago, given its zoning,” he said.
“In fact, the site still has two very large precast concrete warehouse structures in place which were built in 1996 and used as 24 hours a day, 365 days a year logistic centre for Fedex and Kone elevators. The misconception that HPG was able to purchase a parcel of Sydney Park from council is completely incorrect.
“There was an opportunity many years ago, for the City of Sydney to acquire the site from one of several previous owners however at the time, council elected not to acquire the site, leaving the opportunity to purchase the site open to other parties.
“Opening this south-eastern corner of the park will make the entire park safer and more accessible for the entire local community.”
Oros added that when completed in 2020, One Sydney Park will completely revitalise this previously disused pocket of Sydney Park. The uniqueness of the location allows space, for a healthy lifestyle – physically, mentally and spiritually, a rarity this close to the CBD and the inner-west. We have continued the ethos of Sydney Park itself, into our site and inside every one of the spectacular new homes for the locals to live in.
The Urban Developer is proud to partner with HPG Australia on its flagship One Sydney Park to deliver this article to you. In doing so, we can continue to publish our free daily news, information, insights and opinion to you, our valued readers.
