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RetailStaff WriterSun 27 Nov 16

40 Sales In Two Hours, $130 Million In Total For Oxford Central

Epping_Entry-Plaza_FINAL_620x380-1

Oxford Central’s Vista tower continues to experience sales success, securing 40 sales valued at over $35 million within a two hour period on Saturday, November 26.

Sales ranged in price from $585,000 for a one bed to $1.60 million for a two bed.

Local buyers drove the sales and represented over 90 per cent of purchases from Epping, Carlingford, Chatswood, Beecroft, Macquarie Park and Marsfield.

Five weeks ago the $260 million Oxford Central project was launched and has now achieved over 140 sales valued at over $130 million within this period.

Architectural practice Marchese Partners was responsible for designing the exterior façade and interiors.

“Buyers loved the proposition which is 150 metres from Epping Train Station, is very close to a number of well-known private and public schools and is considered very affordable compared to neighbouring suburbs like Macquarie Park," Greaton National Sales Manager Cameron Porter said.

"Two bed apartments in Macquarie Park are priced approximately $200,000 more than Epping prices for smaller apartments.”

Epping Boys High, Cheltenham Girls High, James Ruse High, Epping North Public School, Epping West Public School as well as private schools such as Loreto and The Kings School and Macquarie University are all within 10 kilometres from Oxford Central.

Oxford Central’s position was earmarked due to its strategic location in the epicentre of the state government’s plans to invest millions in re-developing Epping Town Centre and major transport infrastructure in the suburb.

Significant employment hubs including Macquarie Park, Chatswood and North Ryde are within a 10 kilometre commute from Epping. There are also direct train, bus and M2 motorway links to these hubs.

Situated at 30 - 42 Oxford Street, the iconic structure will comprise 252 luxurious apartments spread across two 17 storey towers, 292 car spaces and 625 sq m of retail on the ground level. A two storey heritage building located on the site will also be retained and is part of the retail precinct.

The luxurious apartment interiors will enjoy Caesarstone benchtops with timber accents on the cupboards, two distinctive spring and autumn colour palettes to choose from supported by elegant timber floors, Miele appliances in the kitchen, Parisi fittings throughout, imported tiles wrapped around the floor and walls in the bathroom, floor to ceiling glass sliding doors and expansive balconies.

Greaton expects to start construction early in 2017.

ResidentialRetailAustraliaConstructionReal EstateArchitectureConstructionSector
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Article originally posted at: https://theurbandeveloper.com/articles/40-sales-two-hours-130-million-total-oxford-central