Ausin Group has sold 80 of the 130 properties that were released to the market in Urban Camperdown (Urban) which is located on the Ryvita Biscuit Factory site in Camperdown. It is designed by award winning architects Allen Jack + Cottier and developed by Mark Mezrani. This is the third and final development on this site by Mr Mezrani. Previous projects included DNA Camperdown and The Biscuit Factory which were both very popular with owner occupiers and investors.
Sales were valued at over $85 million with one and two bed apartments proving to be the most popular. Prices for apartments start at $659,000 for a one bed, two beds start at $1.138 million, three beds are priced from $1.75 million and terrace homes start at $2.15 million.
Ben Hamblett, NSW & QLD Business Development Manager for Ausin Group’s project marketing division said, “Purchaser drawcards in Urban included its location directly beside Sydney University, the selection of 30 different floor configurations, proximity to the CBD and the superb architecture by Allen Jack + Cottier. “The project attracted a mix of local and overseas buyers. Local purchasers were predominantly from the lower North Shore, Inner West and Eastern suburbs.” He added, “Urban is being built on one of the last remaining major development sites in Camperdown. This community which is nestled in a culturally diverse and eclectic area epitomises the very best of inner city living.”
Joseph Zaja, Managing Director of Ausin Group said, “Urban offers the best of both worlds – it has a suburban feel with universities, cafes, schools, shopping precincts and major transport links on the doorstep, while the city’s major attractions are only two kilometres down the road.”
The master planned community is located on the edge of the Sydney CBD in the heart of Camperdown. Urban will comprise 199 designer apartments and 15 three storey terrace homes across a family of five buildings with several offering city views. These range from five to seven levels and are intertwined with lush landscaped gardens and terrace homes.
Urban’s luxurious apartments will enjoy 2.7 metre high ceilings, vitrified floor tiling in living areas, reconstituted kitchen stone benchtops, Brodware tapware in the kitchen and bathrooms and generous balcony areas. The project, located on Barr Street comprises 15 studios, 32 one beds, 75 one bed plus studies, 27 two beds, 39 two bed plus studies, 7 three beds, 4 three bed plus studies and 15 three level terrace homes. One hundred and thirty properties will be released in stage one in Uma, Bella and Nelson buildings including 15 terrace homes.
Ceerose is currently constructing Urban with completion expected in the first quarter of 2017.
The display suite is located at Australia Square – Level 48, 264 George Street, Sydney and is open seven days from 11am until 1pm. Viewing outside these time is available by appointment only. A $5,000 expression of interest deposit is also required to secure an apartment.
For further information visit www.urbancamperdown.com.au or phone Ausin Group on 1300 786 098.