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Sekisui House secures $63 million in sales at the launch of The Orchards' new release

Market Insights
6 months ago
3 minutes

Over the weekend, globally renowned developer Sekisui House secured over 50 sales valued at more than $63 million at the launch of Veue Central – the latest and most prominent stage of their $1 billion masterplanned community, The Orchards.

With over 200 attendees at the public launch event, it is evident that buyers and investors are keen to secure their place at this exquisite masterplanned precinct.

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Over 200 people attended the launch event for Veue Central at The Orchards. Click here to learn more.

David Lee, Sales Manager of The Orchards at Sekisui House Australia, said, “Sales in The Orchards continue to demonstrate strength in Norwest and the Sydney market generally. Over 60% of purchases came from locals, whilst the remainder was mostly spread across 15 Sydney suburbs.”

An apartment record was also set during the launch event when a local downsizer purchased one of Veue Central’s luxury four-bedroom penthouses for $3.2 million.

“It is all about location for them and making the numbers work,” continued Lee. “The ability to walk to Norwest Business Park and Norwest Metro Station is very appealing to renters. Rental demand continues to soar in Norwest due to supply constraints in this area, which is an attractive proposition for investors.”

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Residences at Veue Central boast expansive interiors and stunning views. Click here to learn more.

“Three key aspects helped secure owner-occupier sales including Veue’s unique design elements, quality finishes, and Sekisui House’s local and international reputation to deliver high-end luxury apartments,” explained Lee. “Upsizers and empty nesters looking to downsize and use the equity from their homes to move into a ‘lock-up’ and leave luxury apartment represented several apartment sales.”

Veue at The Orchards comprises one, two, three, and four-bedroom residences boasting larger-than-average floorplans for every bedroom type. Catering to a wide range of lifestyles, some apartments include a ‘Max Space’ – an additional living area that can be used as a study or work-from-home office, children's play area, reading area, or much more.

“The splendid uninterrupted northerly views overlooking Castle Hill Country Club, Norwest Lakes to the south, and the Blue Mountains to the west also captured buyer interest,” Lee added.

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A wellness centre with stunning pool amenity is sure to elevate residents’ wellbeing. Click here to learn more.

A stunning wellness centre elevates residents’ health and lifestyle, providing a gymnasium and pool amenity right next to beautifully landscaped gardens. With an adjacent communal function centre, Veue residents can entertain up to 100 guests for parties and special occasions. Ensuring utmost convenience, a dedicated concierge service will be available to service the needs of all residents.

Nestled in Norwest, The Orchards is located approximately 31 kilometres north-west of the Sydney CBD. The community is strategically positioned 600 metres from the Norwest Metro Station, a short stroll to Norwest Marketown and Norwest Business Park, and surrounded by educational institutions and myriad lifestyle amenities.

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Veue Central at The Orchards comprises a suite of premium inclusions and sustainable elements. Click here to learn more.

With the project designed to include a suite of sustainable elements, including high-performance glazing, solar panels, rainwater harvesting, and EV charging stations, this sophisticated and modern way of living is ensured for now and the future.

Having secured over $63 million in sales over its launch event, Veue Central at The Orchards is affirmed as a premier residential offering. Located within one of the most significant residential masterplanned communities to be introduced to Australia in over a decade, and offering luxurious apartments complemented by resort-style amenities, there is nothing quite like Veue. Construction is expected to start in 2024.

For more information or to enquire about Veue Central at The Orchards, click here.