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Buyers Embrace Resort-Style Living At Veridian

The Property Addict / Luxury Lifestyle

Dec 10 2015

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The chance to live in a brand new apartment while enjoying the perks of multiple entertainment, social and relaxation spaces has proven too good an opportunity to miss for buyers at the launch of Veridian in Kogarah today. Buyers exchanged contracts on more than $104 million of property in Veridian that is being developed by Capital Bluestone on land owned by the Kogarah RSL. The first release has almost sold out, with 147 out of 150 apartments snapped up by buyers. First homebuyers, young families, investors and downsizers are among the first new apartment owners at the project. Importantly, the strong sales mean Capital Bluestone now has enough pre-sales to go ahead with underpinning the future of the Kogarah RSL to transform it into a modern, vibrant club with enhanced services for the local community. The Club will continue trading until the second quarter of next year, with development expected to start in the second half of 2016. Veridian, a first of its kind in the area, offers a unique housing choice for the Kogarah area where residents will enjoy resort-style living, with landscaped entertainment, barbecue and relaxation spaces on the rooftop and podium levels. The rooftop terrace will also feature an exclusive owner's only space for socialising including seating areas, barbecues and a moonlight cinema. The development includes a new 2000sqm trading floor for the Kogarah RSL, including a range of dining options such as alfresco cafes to activate the streetfront of Railway Parade. Prices range from $435,000 for a studio, from $530,000 for a one-bedroom, from $680,000 for a two-bedroom and from $880,000 for a three-bedroom apartment. Capital Bluestone managing director Ben Fairfax is ecstatic with the community's support for a new style of apartment living that will also breathe new life into Kogarah RSL. "We're delighted that the local community has backed our vision for Veridian that will deliver exceptional housing quality as well as a vibrant and modern RSL club," he says. "The initial sales are a great result for us " they clearly show we are offering a product the Kogarah community needed and wants." Colliers International residential director Ian Bennett said the strong buyer interest at Veridian reflected its location and the fact there were no comparable projects in the area. "Buyers have been attracted to Veridian because it is so close to transport, education facilities and a busy business precinct," he says. "It also offers a unique lifestyle to buyers who are looking for modern luxuries and impressive design previously unoffered in this area." Kogarah RSL general manager Grant Amer said it had been an incredible ride as the board and Capital Bluestone prepares to reinvigorate both the club and the gateway to Kogarah town centre. "Interest in the revitalised club and Veridian has been building over the past few months and it's incredible to see how many people want to be part of our vision for Kogarah," he says. "We also want to remind our loyal members and patrons that the RSL " and its bistro and yum cha " are still open for business as usual so pop down for a delicious meal and see for yourself what's planned at Veridian." Veridian's 220 apartments are set over two 11-storey buildings that have been designed and positioned to maximise sunlight and views stretching out to the Sydney CBD, Botany Bay and wider leafy St George area. Thought has been given to space and storage in the light-filled kitchens and luxurious bathrooms. Open-plan living and dining areas flow onto generous, sunlit balconies and winter gardens for year-round easy living and entertaining. An exciting range of New York style of oversized studio apartments will form part of the second release of apartments at Veridian. To register your interest, visit www.veridiankogarah.com.au. PROJECT FACTS: Project: Veridian Address: 254 Railway Parade, Kogarah Development: 220 apartments in total over two buildings of 11 storeys each Apartments: 8 studios, 104 one-bedroom, 105 two-bedroom and 3 three bedroom apartments Launch date: 5 December 2015 Prices: From $435,000   151104 - Kogarah RSL - Exterior Hero - FINAL 3000

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