Western Sydney apartments on the market with highly desirable defects insurance
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Western Sydney apartments on the market with highly desirable defects insurance

Ophora at Tallawong is one of the most affordable developments to come with coveted latent defects insurance

By KANEBRIDGE NEWS
Mon, Feb 19, 2024 3:39pmGrey Clock 2 min

Blacktown Council’s first apartment development with 10-year Latent Defects Insurance (LDI) went on the market on the weekend. 

Apartments at Ophora at Tallawong are being sold off the plan with LDI, which provides insurance for defects for up to 10 years after construction is complete. According to SHC Insurance Brokers, Ophora is one the city’s most affordable developments to come with the new LDI. It is a key part of the NSW Building Commission’s strategy to give buyers assurance that the property they are purchasing meets the highest standards.

“Gaining LDI is no mean feat,” said SHC Insurance Brokers founder Stefan Hicks. “It’s offered selectively to developers and builders with a quality building history, and it requires both parties to employ an independent inspection service throughout construction. 

“While this insurance is well-established around the world in about 40 countries, in Australia we’re typically seeing high-end buildings covet LDI. The fact that Ophora has joined this exclusive list of quality-assured builds is a coup for entry-level home buyers.”

But it is not the only aspect of this mixed use development that makes it outstanding. 

Ophora will have landscaped gardens and communal spaces for residents

When completed later this year, Ophora will include 81 one, two and three-bedroom apartments aimed at attracting a wide range of residents, from investors and couples to families and downsizers. Designed by Architex, the concept for five-storey $50 million development is holistic, with attention given to sustainability and liveability in a village environment. Features include beautifully landscaped gardens, EV charging stations, ground floor apartment courtyards and a stunning rooftop terrace. 

Internally, residents will have access to high speed FIBER internet and video-intercom systems ideal for working from home undisturbed.

Positioned on a corner block, the site enjoys easy access to public transport, including a bus station a two-minute walk away and the new Tallawong metro station and Schofields train station less than 2km away.

Rooftop terraces will allow residents to enjoy the surrounding views in comfort.

Given the level of interest expressed on the weekend, the development is already beginning to resonate with buyers.

Prices start from $475,000 for a one-bedroom apartment, $625,000 for two-bedroom and $745,000 for a three-bedroom home.

Development manager for KDMC Ronnie Rahme said Ophora not only  represented value for money, it offered families and first homebuyers the chance to live in a landmark development.

“We’ve been determined to deliver affordable luxury apartments built to an outstanding standard with additional peace of mind to buyers by providing the highly-sought-after LDI,” he said. 



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Property of the week: Penthouse, 601/12 Baptist St, Redfern

A Sydney site with a questionable past is reborn as a luxe residential environment ideal for indulging in dining out

By KIRSTEN CRAZE
Fri, Oct 18, 2024 2 min

Long-term Sydney residents always had handful of not-so-glamourous nicknames for the building on the corner of Cleveland and Baptist Streets straddling Redfern and Surry Hills, but after a modern rebirth that’s all changed.

Once known as “Murder Mall” or “Methadone Mall”, the 1960s-built Surry Hills Shopping Centre was a magnet for colourful characters and questionable behaviour. Today, however, a $500 million facelift of the site — alongside a slow and steady gentrification of the two neighbouring suburbs — the prime corner property has been transformed into a luxury apartment complex Surry Hills Village by developer Toga Group.

The crowning feature of the 122-apartment project is the three-bedroom penthouse, fully completed and just released to market with a $7.5 million price guide.

Measuring 211sqm of internal space, with a 136sqm terrace complete with landscaping, the penthouse is the brand new brainchild of Surry Hills local Adam Haddow, director of architecture at award-winning firm SJB.

Victoria Judge, senior associate and co-interior design lead at SJB says Surry Hills Village sets a new residential benchmark for the southern end of Surry Hills.

“The residential offering is well-appointed, confident, luxe and bohemian. Smart enough to know what makes good living, and cool enough to hold its own amongst design-centric Surry Hills.”

Allan Vidor, managing director of Toga Group, adds that the penthouse is the quintessential jewel in the crown of Surry Hills Village.

“Bringing together a distinct design that draws on the beauty and vibrancy of Sydney; grand spaces and the finest finishes across a significant footprint, located only a stone’s throw away from the exciting cultural hub of Crown St and Surry Hills.”

Created to maximise views of the city skyline and parkland, the top floor apartment has a practical layout including a wide private lobby leading to the main living room, a sleek kitchen featuring Pietra Verde marble and a concealed butler’s pantry Sub-Zero Wolf appliances, full-height Aspen elm joinery panels hiding storage throughout, flamed Saville stone flooring, a powder room, and two car spaces with a personal EV.

All three bedrooms have large wardrobes and ensuites with bathrooms fittings such as freestanding baths, artisan penny tiles, emerald marble surfaces and brushed-nickel accents.

Additional features of the entertainer’s home include leather-bound joinery doors opening to a full wet bar with Sub-Zero wine fridge and Sub-Zero Wolf barbecue.

The Surry Hills Village precinct will open in stages until autumn next year and once complete, Wunderlich Lane will be home to a collection of 25 restaurants and bars plus wellness and boutique retail. The EVE Hotel Sydney will open later in 2024, offering guests an immersive experience in the precinct’s art, culture, and culinary offerings.

 

The Surry Hills Village penthouse on Baptist is now finished and ready to move into with marketing through Toga Group and inquiries to 1800 554 556.

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This stylish family home combines a classic palette and finishes with a flexible floorplan

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