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Sydney Olympic park development progresses

On Jan 31 2013
Tagged as:
  • NSW


Construction is underway on the next stage of a major residential development at Sydney Olympic ...

Construction is underway on the next stage of a major residential development at Sydney Olympic Park - a project that is likely to attract the interest of property investors.

According to a News Limited report, the One Australia Avenue building - which will become the tallest tower in western Sydney - is the third stage of Australia Towers.

The first tower, completed last year, boasts 216 apartments, while the second tower - which is due to be finished late 2014 - features 267 apartments.

With 13 sales across the two towers fetching over the $1 million mark, high-end buyers looking for a property investment in one of Sydney's "few master-planned suburbs" may be interested in the development.

The third and final building will feature a sky-high roof garden, as well as a gymnasium and several retail and commercial spaces, the Property Observer reported.

For those who are interested, one bedroom apartments range in price from $480,000 to $690,000, while two-bedroom dwellings range from $575,000 to $845,000.

There are also three and four-bedroom dwellings, with the priciest apartment costing $2.6 million.

Australia One Avenue is due for completion mid-2015.



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