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The Waterfront sales still running hot

Monday, 23rd August 2010

The Waterfront at Wentworth Point has sold 500 units in the past 10 months - an average of 11 apartments a week for between $360,000 and $700,000.

Since the introduction of the State Government’s stamp duty concessions on July 1, The Waterfront has sold some 120 apartments. Just 15 apartments remain from a total of 516 that are either under construction or about to be started. These apartments range from one-bedrooms for $430,000 to three-bedrooms from $685,000. The Waterfront is preparing to launch a further stage this year, which will be called Messina. These 162 apartments will offer a range of floorplans, with one-bedrooms starting below $400,000, and two-bedrooms starting from around $550,000. With the State Government waiving stamp duty for off-the-plan apartments under $600,000 which haven’t commenced construction, Messina’s appeal is certain to be just as strong as the earlier two stages. “Our apartments are designed with flowing spaces and well defined functional zones to enrich daily life,” said The Waterfront’s Marketing Manager, Moonmoon Sahu. “Glazing is used extensively to maximise solar penetration into each apartment, and living areas and balconies are as private as possible whilst still making the most of the views.” The Waterfront is a 21-hectare resort offering a relaxed lifestyle along a grand stretch of water, with parklands for residents to unwind, walkways shaded by tropical trees, shops for casual browsing, and sidewalk cafes. It is being developed jointly by local company Payce and Sekisui House, Japan's largest home builder. “We place great importance on leisure facilities and community activities, which is why so many families live at The Waterfront,” said Ms Sahu. At its heart is The Piazza, which contains three restaurants, a café, delicatessen, convenience store, bakery, bottle shop, gelateria, wine bar, pharmacy, medical centre, hairdresser and a day spa. Inspired by the stylish streets of Italy, The Piazza has emerged as a fashionable milieu in which to congregate and socialise. Here residents enjoy special events such as jazz concerts, food festivals and wine tastings. A recreational club called ‘Pulse’ contains such resort-style facilities as an indoor heated 25-metre pool, a fully-staffed gymnasium, two tennis courts and a Function Centre with a commercial kitchen. The Waterfront has its own library and own integrated communication system called Homelinx which combines an intelligent cabling system and an array of enhanced digital services. The Waterfront has access to the Sydney Olympic Park Ferry Wharf, which provides services to the city and Parramatta. Trains at the nearby Olympic Park Station and Strathfield Station are part of the Sydney network and run frequently, as do Sydney bus services. Just outside the palm-fringed entrance to The Waterfront is the 480-hectare Millennium Parklands - the largest park in Sydney - and more than 40 kilometres of cycle paths and walkways to explore. The Waterfront, at 21 Bennelong Parkway, Wentworth Point, is open daily from 10am to 4pm. Information is available by calling 1800 333 818 or through the web site:

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