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Frasers Property and Sekisui House achieve impressive sales for Central Park’s latest release, DUO
Over A$229 million sold to apartment buyers during the launch Sydney,
2 December 2015 – Buyers have shown a strong appetite for internationallydesigned apartments close to the Sydney CBD, with joint venture partners, Frasers Property Australia and Sekisui House Australia, achieving impressive sales from the launch of their newest residential release, DUO, at the A$2 billion Central Park urban village. Frasers Property Sales and Marketing Director Paul Lowe is delighted with the response from launch of DUO with over A$229 million sold at launch. “Apartments were snapped up across the full spectrum of the residential offering. Onebedroom suites, one-bedroom + study apartments and two-bedroom apartments were purchased by a mix of owner occupiers and investors,” said Mr Lowe. “We also experienced strong sales and interest for the three-bedroom dual-key apartments in DUO which were offered for the first time ever at Central Park. Dual-key apartments are a unique product type in the market and have proven to be ideal for investors wanting to stay in one apartment and lease the other one out, as well as growing families who desire space and flexibility in apartment living. “We’ve now successfully sold over 1,800 apartments across the entire Central Park precinct to-date.
The average apartment sales price at the DUO launch was just over A$1million.” Frasers Property and Sekisui House launch DUO in Sydney Frasers Property and Sekisui House launched DUO to the Australian market last week, providing buyers with the opportunity to purchase one-bedroom suites from A$625,000, one bedroom apartments from A$700,000, two-bedroom apartments from A$1,180,000 and three-bedroom dual-key apartments from A$1,930,000. “The decision to purchase at Central Park encompasses more than just the brand new home that you will live in. Buyers want the opportunity to become part of a well-designed community that offers value-added features such as access to amenity and facilities,” said Mr Lowe. “DUO offers the perfect balance between residential use and recreation. Every resident will have access to DUO Club, resort style facilities as an extension of the home – including an expansive lobby with private areas and booths, cardio and yoga recreation room, indoor swimming pool, gymnasium, jacuzzi, entertainers rooftop terrace complete with BBQ facilities, private lounge, bar, dining room and library and beautifully landscaped spaces for DUO’s residents to enjoy.
Australia’s second Foster + Partners designed residential building Designed by Foster + Partners, one of the world’s most awarded architecture practices, DUO will offer the unrivalled level of quality architecture already witnessed at Central Park to-date, while also setting new benchmarks in high-quality design. The two-tower project will form the northwest corner of Central Park, as well as complete Central Park’s already impressive Broadway frontage with a striking façade that will feature a stunning entrance – a mirrored fin that will protrude from the entrance to the building. The design of DUO sees a fusion of futuristic and heritage detailing – including horizontal bands between each apartment to give the impression that the building is flying, along with art deco architectural features from the 1920/1930 eras.
The appealing nature of DUO will also flow through to the interiors of each apartment in which principles of function and luxury have been incorporated. The refined, sophisticated and pared back premium finishes define each residence with timber or tiled flooring, crisp bathroom detailing, high quality fixtures and understated and modern colour schemes.
The Central Park story
Developed by joint venture partners Frasers Property Australia and Sekisui House Australia, Central Park is one of Australia’s largest urban renewal projects involving the redevelopment of the former Carlton United Brewery site. Occupying 5.8 hectares in Sydney’s downtown, Central Park will comprise 2,200 apartments upon completion. The vibrant village atmosphere of Central Park stems from its plethora of onsite facilities including a major shopping centre, dining districts, open parklands and unique artworks. Also, just a short stroll from the precinct is a number of stylish bars, restaurants, galleries and educational facilities. For further information on DUO, please visit the Central Park Sales Office which is located at Central Park Avenue (corner Carlton Street), open daily from 10am to 6pm. Alternatively please call 1300 857 057 or visit
www.centralparksydney.com.
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