Strata levies waived as riverside luxury beckons for first homebuyers
Ideally located between the city and Parramatta, these ready-to-live-in apartments are an attractive option to get a foot on the property ladder
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First homebuyers can kiss strata levies goodbye for the first two years under a unique offering at One The Waterfront, a boutique luxury development at Wentworth Point. Developer Piety Group and agents Laver Residential Projects are offering all buyers free strata levies for the first two years of ownership, valued at about $11,000 in savings.
As interest rates continuing to rise and trades still in high demand, it’s good news for those looking to enter the market.
Project director at Laver Residential Projects, Sam Elbanna, said the incentive, available via Kanebridge Finance, is to provide buyers with clarity and free up funds to protect their investment.
“Now buyers know they are covered and they can use the next two years to plough the money that would have gone to strata levies into their mortgages,” he said.
Overlooking Parramatta River, One The Waterfront offers one, two and three-bedroom apartments among leafy, thoughtfully designed landscaped gardens. The residences have been designed by Stanisic Architects with careful attention to light, ventilation and connection to the outdoors to create a true community environment.
With access to more than 5000sqm of green space, One The Waterfront offers amenities including walking tracks, barbecue facilities, exercise stations and children’s playgrounds.
This is in addition to a fee free commercial gym, swimming pools, tennis courts and an outdoor rooftop cinema. But perhaps the most outstanding feature in this resort-style locale is Club One Lounge, an exclusive, discreet space with communal dining room and lounge, 20-person cinema and games room.
In addition to the Parramatta Ferry, public transport options include rail stations at Rhodes and Olympic Park to the city, as well as the planned Light Rail stop directly in front of the development linking locals to Parramatta.
It’s a lot to offer on a site less than 15km from the city centre, Mr Elbanna said.
“One of my buyers was a developer of another project who is buying for his daughter,” Mr Elbanna said. “He said that there is simply no way this development can be replicated and sold at these prices again in such close proximity to the Sydney and Parramatta CBDs.”
One The Waterfront is now on sale. Email property@kanebridge.com.au to learn more about living in this community and claim free strata levies for two years, valued around $11,000 in savings.
This stylish family home combines a classic palette and finishes with a flexible floorplan
Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.
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Former Google CEO Eric Schmidt is selling his Northern California estate, which was listed Monday for $24.5 million.
Located in Atherton, an extremely affluent town northwest of Palo Alto and about 30 miles south of San Francisco, the 3.36-acre property is made up of three parcels that Schmidt acquired over the years, according to public records and Compass, who has the listing.
Schmidt, 69, and his wife, businesswoman Wendy Schmidt, purchased the main home in 1990 for $2 million, according to public records accessed via PropertyShark. They remodelled the 1969 home in 2007, and at that time, bought a neighbouring parcel of land, allowing an expansion of the main house and the addition of a guest house, according to Compass, who holds the listing. A third parcel was later acquired, on which the Schmidts added an English garden house and landscaped grounds overlooking the Eastern Hills.
“Finding three contiguous parcels in Atherton is rare. Even rarer are those with views of the Eastern hills,” said listing agent Katharine Carroll of the reSolve Group at Compass. “The location of this residence is ultra private, at the back of a cul-de-sac with the main house built into a hillside that provides privacy and very good security.”
Across the estate, there are five bedrooms, five full bathrooms and six half bathrooms.
The 5,265-square-foot main house also offers a number of private outdoor spaces on its upper level, including a large terrace off the primary suite, another large terrace off a secondary bedroom, plus a third smaller terrace and two balconies.
Behind the main house is a patio with a pool and spa. For even more outdoor space, there’s an entertaining pavilion, an open lawn and an outdoor fireplace area near the guest quarters.
The grounds themselves are also a standout feature, with an array of mature plants and specimen trees. The upper portion of the property’s landscaping is designed around an Amdega-designed conservatory, which was imported from the U.K. Around the greenhouse, there is a garden of raised beds and fruit trees, Carroll said.
“From the moment you step onto the grounds, it feels as if you’ve been transported to a private botanical sanctuary,” she said.
Schmidt served as Google’s CEO from 2001 to 2011, and then became the company’s executive chairman until 2015. He could not be reached for comment.
This article first appeared on Mansion Global
Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.
This stylish family home combines a classic palette and finishes with a flexible floorplan
