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Showground Station precinct project to include 3600 new dwellings

Property Markets / Planning, Zoning, Infrastructure

Australia / Sydney

Mar 27 2018

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A 9-hectare residential development site in the freshly rezoned Showground Station Precinct will feature 3600 new dwellings, including 360 affordable apartments for purchase and another 360 for rental.

The development, led by private owners and stakeholders including Raymond Younan and Sam El Rihani, will be the largest at the precinct, taking up most of the 5000 dwelling allowance. 

The $3 billion project, which will include apartments starting from $500,000, is yet to be approved, but is all goes to plan is expected to be completed in 2019. 

The owners and developers are now negotiating with several community housing providers to administer the rental apartments.

 

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