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.
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Mirvac’s 45-level Trielle has topped out at Yarra’s Edge, pairing riverfront apartments with wellness facilities, private dining and resident services.
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Mirvac has topped out Trielle at Melbourne’s Yarra’s Edge, with more than 70 per cent of the riverfront development sold and approximately 80 per cent of purchasers intending to make their apartment a home.
The figures, released on September 22, point to an owner-occupier audience for one of the precinct’s final residential towers. Mirvac began developing Yarra’s Edge in 2003, and its latest addition occupies one of the remaining absolute riverfront sites.
Mirvac CEO of Development Stuart Penklis said existing residents were among those moving up within the neighbourhood.
“Many purchasers already have a connection to Yarra’s Edge,” Mr Penklis said, describing buyers whose changing needs were encouraging an upgrade within the precinct.
“As one of the final residential towers within Yarra’s Edge, Trielle represents the culmination of more than two decades of creating one of Melbourne’s most established and sought-after waterfront communities,” Penklis said.
“Positioned on the Collins Street axis with absolute river frontage, Trielle offers residents a rare opportunity to enjoy sweeping views across the Yarra River, Melbourne skyline and Port Phillip Bay, while remaining seamlessly connected to the CBD. With Trielle now more than 70 per cent sold, we’re continuing to see strong demand from buyers seeking quality homes in established locations.”
The developer also flagged a penthouse and sub-penthouse collection with larger layouts, premium finishes and broad outlooks. The planned wellness centrepiece, The Oasis, encompasses a 900-square-metre elevated urban rainforest.
Mirvac General Manager Residential Development Victoria Elysa Anderson said Trielle had resonated strongly with buyers seeking a rare lifestyle offering in Melbourne.
“Opportunities to secure a new luxury residence on a riverfront site of this calibre are incredibly rare, particularly within a community like Yarra’s Edge,” Anderson said.
“What makes Trielle unique is the combination of exceptional views, world-class residential facilities and the lifestyle that already exists around it. Residents are buying into a mature waterfront community with parks, promenades, dining, wellness and strong community connections already in place.”
The 45-level tower brings a substantial new presence to that waterfront. Its residential offering spans one-, two-, three- and four-bedroom apartments, with Signature, Prestige and Sub-Penthouse collections accommodating different household sizes. The north-facing position connects the apartments visually to the river and city beyond.
Seven storeys above the promenade, the planned Oasis combines planting and a running stream with a Scandinavian-inspired wellness club developed with spa specialist Naomi Gregory. Facilities include a 25-metre lap pool, hot magnesium pool, sauna, hydrotherapy, a gym, yoga and Pilates room, and treatment spaces.
The amenity extends beyond exercise. Residents will have access to The Biblioteca library and workspaces, ground-floor work pods, and The Salone piano lounge. A private Chef’s Table dining room offers a setting for larger gatherings, while a cinema, games room and sports lounge broaden the entertaining options. Concierge services and a dog-wash area support everyday routines.
Trielle comprises a collection of one, two, three and four-bedroom residences. Reflecting strong demand from owner occupiers, approximately 80 per cent of purchasers to date intend to live in their homes, highlighting the project’s appeal to those seeking a long-term waterfront lifestyle.
Mirvac has recently delivered The Albertine, a premium apartment development on the edge of Melbourne’s CBD, and is nearing completion of Prince & Parade in Brunswick, further strengthening its portfolio of thoughtfully designed apartment communities in some of Melbourne’s most sought-after urban locations.
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