Wednesday, 20 June 2012

Parramatta. All apartments sold

The impending end of the off-the-plan stamp duty concessions for NSW property investors has helped Crown International Holdings sell all apartments in stage one of its $300 million, 27-storey V tower on the corner of Macquarie, Marsden and Hunter streets in the Parramatta CBD. The developer has now moved onto selling stage two apartments.

Parramatta City Council has approved an application by Crown International Holdings to increase by two storeys the height of the approved 27 storey residential building. The initial DA had 367 apartments in the project; the revised DA has 422 apartments. Also, commercial space on levels one to four will be turned into serviced apartments. The building will contain a conference/function facility.

Labels: ,


Post a Comment

<< Home