Crown Group’s newest and largest development to date, Eastlakes Live, is perfectly placed in Sydney’s rapidly growing suburb of Eastlakes.
Due to urban rejuvenation and new infrastructure in the area, these visually stunning residences are already popular with investors, first home owners and owner-occupiers.
When Erskineville, Botany and Kingsford experienced rapid growth, property experts kept an eye on the market, looking for ‘the ripple effect’. Suburb redevelopment and expansion leads to property increases, and those effects ripple outwards. Eastlakes is one of the nearest suburbs and is already experiencing massive growth due to gentrification.
Young professional first homeowners are usually the first people to occupy these areas, because housing is affordable in the early stages of redevelopment, but values increase as the suburb becomes established. The same is true of Eastlakes. An influx of these buyers has been seeking out Eastlakes Live apartments.
These homes are safe and profitable property investments that exist in a vibrant and dynamic area. The $1 billion redevelopment will introduce modern retail and a dining precinct. As a resident, you can roll out of bed in the morning and get a quality barista-made coffee from downstairs, or order dinner and by the time you finish setting the table, you will be able to pick up your food and eat within minutes. Two supermarkets and the restaurant promenade, paired with a medical centre, will turn the surrounding streetscape into a modern town centre.
“This development is designed to create a new entertainment and lifestyle precinct for Sydney,” said Crown Group Chairman and Group CEO, Iwan Sunito. “This is the first stage of our concept of creating a thriving and modern urban village – anchored by a residential component and filled with dynamic retail, entertainment, and outdoor recreation opportunities.”
Surrounded by landscaped gardens and play areas for children, Eastlakes Live is family-friendly — which is good news for investors. Future resale value is likely to increase because growing families will be attracted to the area due to increased connectivity and convenience. Schools such as St Therese Primary School and Eastlakes Public School will be less than five minutes from your doorstep, meaning parents will experience the ultimate convenience.
Beyond the residences, Eastlakes has a variety of amenities. The Eastlakes Golf Course and The Lakes Golf Club will be perfect places to spend sunny weekends, or alternatively, residents can picnic at the beautifully landscaped wetlands nearby. If the weather’s bad, residents can travel to Westfield Eastgardens and spend the day window shopping or picking up necessities. All of these established features will combine with planned infrastructure and amenities to make the acquisition of one of these Crown Group apartments a lucrative venture.
Only 6km from Sydney CBD, and positioned near some of Sydney’s best amenities, any one of these architecturally innovative Eastlakes Live residences will be perfect for first-time homeowners.