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Waterfront - Parramatta, Sydney

Waterfront, Parramatta, Sydney
RIVERSIDE ELEGANCE
Starting Price from AUD $517,000
Project Address
empire bullet 1 Sorrell St, Parramatta, NSW 2150
Description
empire bullet This high-rise construction comprises of 10 storeys with a 3 level underground basement. It includes 30 residential units and 2 commercial units on the ground floor.
empire bullet Designed by Zhinar Architects, the stunning building will be on the forefront of the Parramatta River, and is within walking distance to the CBD. The Waterfront aims to increase the standard of living within Parramatta by presenting itself with high quality craftsmanship and inclusions.
Location
empire bullet The Waterfront is located approximately 5 minutes walking distance to the CBD and is situated right on the Parramatta River. Its location provides you with all the convenience of an Inner City apartment block ­ shopping, transport, dining and amenities ­ at a close distance, but, being situated just on the fringe of the CBD, you can also enjoy quiet living space away from the bustling Inner City lifestyle.
Status
empire bullet Under construction and is due to be completed in early 2010
empire bullet Body Corporate: $2000 per annum
empire bullet Council rate & Water Rate: $1600 per annum
empire bullet Rentals: 5.5%
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Location and Directions
Waterfront - Parramatta, Sydney map
empire bullet The Waterfront is located approximately 5 minutes walking distance to the CBD and is situated right on the Parramatta River.
Future Look of Civic Place development
New Civic Place
empire bullet The Parramatta Master Plan incorporates an anticipated $1.4 billion Civic Place redevelopment of approximately 3 hectares.
empire bullet Construction is expected to commence in late 2007 and it is proposed to be completed by 2014.
Why Parramatta is a good location to invest?
Westfield Shopping
empire bullet Large private and government tenancy commitments e.g. NSW Police Headquarters, Commonwealth Bank, ANZ, Deloitte, Westfield.
empire bullet Comparatively low prices to other major markets and attractive yields
empire bullet Development & implementation of the Parramatta Master Plan
empire bullet The development of Civic Place & the Justice Precinct & related infrastructure, spending & investment.