Austino Property Group has started construction on a new residential development in five years at Sydney Olympic Park in Sydney’s inner west.
Austino has recently been given approval to develop its 6.5Ha properties bounding Bennelong Parkway providing some 293 much needed homes in this now inner city suburb of Sydney.
Pivotal to it’s success, the site will be connected intrinsically to the surrounding Bennelong wetlands, Brickpit park and adjacent cycleways along Bennelong Parkway, connecting residences with the nearby amenities and Ryde shopping centre. The development will have uninterrupted views of Bicentennial Park, Badu wetlands and Parramatta River.
With the arrival of the new metro connecting Olympic Park to both Parramatta and Sydney, the development will be very popular among buyers.
The development was designed by international architectural firm PTW Architects after winning a design excellence competition between some of the best architects servicing Sydney and provide an impressive gateway from Bennelong Parkway into Olympic Park.
Targeting a 6 Star Green Star Communities rating, Austino will provide several ecological friendly initiatives including double glazing for noise and heat management, architectural features to mitigate the impact of the setting sun, cycled water as well as fibre optic network connection to all units.
The Managing Director of Austino, Victor Quan said “The discerning buyer is looking for developers who are putting the environment at the forefront of issues when designing buildings.”
“Further, developers have to consider the new ways we live, shop and work are changing and Austino is confident that its new development will meet these challenges.”
With inflation and wage pressure many developers are putting projects on hold. However, Austino believes with good management and focusing on projects that are within key strategic gateway locations the project will be a success delivering on budget and on time.
The first residents are expected to move in by the fourth quarter 2023.