Macquarie Central, the latest development from The Toga Group & La Salle Investment Management is Sydney’s newest property hot spot after selling in excess of 210 apartments out of 244 in stage 1 in the first weekend of sales in late 2011.
Located adjacent to the Macquarie University campus, new underground railway station and with easy access to all reaches of Sydney, Macquarie Central represents the perfect home or an astute investment in an area of consistently strong rental demand.
Renowned interior designers have been engaged to select premium finishes which create tasteful, timeless apartments of enduring appeal. A masterplanned and staged development by the Toga Group and LaSalle Investment Management, Macquarie Central’s five unique and distinctive buildings area each designed by award winning Australian architects and offer a selection of studios, one bedroom, one bedroom plus study, two and three-bedroom apartments, complete with secure basement parking and storage.
Macquarie Central offers buyers the opportunity to purchase in the area’s most significant residential development to date. Set within Macquarie Park, NSW’s fourth largest business district, Macquarie Central encompasses the perfect lifestyle for executives, retirees and students.
Stage 2 of Macquarie Central is due to be released on Saturday 3rd and Sunday 4th March 2012 in Singapore at The Regent Hotel and will comprise two residential buildings offering a wide selection of apartment choices.
All 1 bedroom and 1 bedroom + study apartments feature secure parking plus storage and are all under AUD$600,000 and are therefore exempt from stamp duty.
Key features of Macquarie Central include:
· Adjoining Macquarie University campus
· Next to Macquarie University Train Station (3 stops to Chatswood)
· Designed by Architectus with stunning finishes and fittings
· All apartments have secure parking and storage
· Only 16 minutes to Sydney’s CBD
· Sweeping district views
· No Stamp Duty for purchases under $600,000
Darien Bradshaw, Executive Director, International Project Marketing, Asia, said “Macquarie Central is an exciting development in this thriving new urban centre. It is the first new major residential development undertaken in the Macquarie Park area for a number of years. This dynamic location provides access to recreational attractions, major shopping and entertainment facilities, education, medical and transport infrastructure – Macquarie Central has it all at its doorstep.”
This development has already attracted strong demand from local buyers and investors. Following the introduction of the NSW Home Builder Bonus, there has been a significant increase in buyer activity for residential properties under $600,000, and Macquarie Central presents a fantastic opportunity for this market.”
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2011 revenue). The Company has approximately 34,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our Web site at www.cbre.com.
Editor’s note: The Toga Group
Macquarie Central is another quality development by the Toga Group. Established in 1963, the Toga Group employs in excess of 1,500 staff in Australia, New Zealand and Europe across the following integrated areas: Property Development, Design Construction & Project Management, Investment & Asset Management, Funds Management and Hospitality Management – Medina Apartment Hotels, Vibe Hotels, Adina Apartment Hotels (Europe), Travelodge Hotels (Australia & New Zealand), Accounting, Finance & Administration. Passion, integrity, respect, commitment and leadership underpin the operations and culture of the Toga Group and its exceptional track records as a fully integrated property group. Examples of Toga’s award winning projects include Jones Bay Wharf – neighbouring Sydney Harbour Bridge, the Medina Executive at the historic Post Office at Sydney’s Central Station and the Adelaide Treasury building which won the UNESCO award in 2004.
Editor’s note: LaSalle Investment Management
LaSalle Investment Management is one of the world’s leading real estate investment managers. With nearly 700 employees in 16 countries worldwide, LaSalle manage $US45.3 billion (as of Q1 2011) of private and public property equity investments. LaSalle’s diverse client base includes public and private pension funds, insurance companies, governments, endowments and private individuals from across the globe and invests in private and public real estate equity through a complete range of investment vehicles. LaSalle products include separate accounts, open and closed ended funds, public securities, mutual funds and entity level investments.
Neither CBRE nor its affiliated companies make any warranties or claims on the implied accuracy of the information contained herein.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.