Melrose Park North has hit another major sales milestone, with more than 800 apartments sold across the first four stages.
The latest stage of the project, Melrose Park Village by Sekisui House, is proving popular, particularly with first home buyers.
Two hundred apartments have already been sold in the stage, which features a large internal park and health and wellness facilities.
Melrose Park Village will also feature a retail component, including a small format supermarket/grocer.
Since the first stage was launched in late-2017, Melrose Park North has exceeded sales expectations and defied previously sluggish off-the-plan apartment market conditions, as well as external factors such as the pandemic.
In the other stages, 260 apartments have been snapped up in One Melrose - a stage that has won several design awards - while 215 have been sold in The Residences, which is nearing construction completion.
In the third stage, known as Pulse and Pavilion, 145 apartments have been purchased off-the-plan.
Melrose Park North is located in the heart of Sydney, six kilometres east of Parramatta.
It is part of a ground-breaking wider urban renewal that will transform light industrial land into a thriving new community, with a retail centre and an abundance of open space.
Buyer feedback has included:
- Melrose Park North offers an excellent lifestyle with its park and health and wellness facilities.
- Well-priced apartments with high-quality fit-out and build.
- Good investment option, with major government projects underway.
- Excellent public transport connections.
- Highly experienced and trusted builders and developer.
Sekisui House Project Director Simon Adams said the project was attracting interest from a wide range of buyers.
“With the Sydney housing market running hot over the past 12 months, Melrose Park North offers an excellent alternative to purchasing a house,’’ Mr Adams said.
“This is underlined by the strong interest and sales from first home buyers.
“We are also seeing investors returning to the market and we believe this trend will continue over the coming months.’’