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Aqualand | Acquisition of Belmont Street, Alexandria

People & Companies / Latest News

Australia

Dec 05 2018

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Leading Australian property development and investment group Aqualand have acquired a prime residential development opportunity at 59-99 Belmont Street, Alexandria, signifying the beginning of Aqualand’s next significant growth phase.


Situated on the north-western alignment of Belmont Street, the project is positioned in Alexandria’s premier location, within close proximity to the new Waterloo Metro station, education facilities and many parks. Belmont Street has been rated the best and most in-demand street in Alexandria, whilst Alexandria is rated one of the best suburbs in New South Wales.

John Carfi, CEO, Aqualand said, “This project further reinforces Aqualand’s strategy of being the leader in any market we play in, with the property representing a unique and exciting opportunity to create an exclusive residential building comprising circa 25 x 3-bedroom premium apartments and terraces, designed for owner-occupiers.”

“We are excited to commence the process in bringing to life another premium Aqualand product in such a highly sought after location,” adds Aqualand’s Head of New Business, Sales & Marketing, Alex Adams. “This project, while small in scale comparative to our other developments, will be grand in presence and stature once complete. We are excited to be entering Alexandria and creating a new benchmark for premium Sydney living. We aim to be one of Sydney’s most active property companiesin 2019.”

The sale of 59-99 Belmont Street, Alexandria closed late on Friday 30 November, 2018.

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