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Starryland's Promenade Parramatta launches its final stage release.

The Property Addict / Distinct Dwellings

Sep 07 2016

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Starryland Australia's $550M Parramatta staged masterplan residential development, Promenade, has been phenomenally successful and highly sought after with successive stage releases selling out quickly. With stage 1 now complete, Promenade's final stage release will launch this September. Starryland's Sales and Marketing Director James Swete says Promenade offers a prime resort-style living environment for purchasers located in a stunning riverfront location. Prom_Image 1_Aerial View_Final_V3 "The abundance of green open space in the development and its close proximity to the Parramatta CBD combine to make this a great lifestyle opportunity. As this final building release is located closest to the Parramatta Riverfront and has stunning panoramic river, Parramatta CBD and district views we expect it to attract the same feverish excitement and strong demand as the previous stage releases," said Mr Swete. Connectivity at Promenade is key, with the development being a short 5-minute walk to the new light rail station and only 350metres from the main UWS campus. Strategically at Sydney's geographical heart, Parramatta's integrated rail, road, bus and ferry network offers fast and frequent links to local business, leisure and university precincts as well as Sydney's CBD, airport and the greater Sydney area. CBRE Managing Director David Milton says Promenade is the most popular residential project sold by CBRE in the Parramatta region with buyers attracted to the location, value and quality design. Prom_Image 3_River View Final_V3 "From an investment point of view, Western Sydney has a very strong demand and a higher rental return compared to other areas in the Sydney region. Parramatta is Sydney's second CBD and is now undergoing a major revitalisation which will greatly improve transportation with thanks to the West Connex and light rail, more business will develop as a result with increasing market demand as the CBD is further improved, said Mr Milton. Mr Swete also says buyers across Sydney are now familiar with the significant changes occurring in Parramatta and they understand its bright future resulting in strong growth prospects. Parramatta has been rated "Ë?Sydney's most liveable city' by the Urban Development Institute and is also Australia's fastest growing city with Parramatta and its surrounding suburbs expected to accommodate 60-70% of Sydney's growth over the next 25 years," said Mr Swete. Prom_Image 10_Balcony_Final The final building released this September boasts riverfront living with unbeatable views. Externally, Promenade offers a strong architectural statement unlike any other in the area " with bronzed "Ë?lantern' structures connecting to, and reflecting, the river landscape. Inside, the fluid style is relaxed and timeless with a seamless feel. Each apartment forges a special affinity with the river and park settings with layouts designed to capture the best aspects and light and a superb indoor-outdoor flow. High quality interiors are warm and welcoming, featuring pale teak ash layered on clean, unfussy lines and glimmering metallic accents. Kitchens feature the latest Bosch and European appliances, reconstituted stone bench tops and mirror splash backs for a truly luxe feel. Promenade Stage 3 will hold a VIP launch on 17th September 2016 with the display suite open from 3rd September. Construction has already commenced with completion expected in early 2018. www.promenadeliving.com.au

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