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1 CITY VISTA APARTMENTS VISTA ST, PENRITH YOUR LIFESTYLE LOCATION YOUR BOUTIQUE HOME Your lifestyle location 26 BRAND 26 BRAND NEW, NEW BOUTIQUE DESIGNER APARTMENTS HOMES VISTA ST, PENRITH
2 Your lifestyle location. Your boutique home. THE APARTMENTS City Vista Apartments is a unique development comprising of one and two bedroom designer apartments. Ideally located in a downtown pocket of Penrith, these brand new apartments offer open plan living with high-end finishes, stainless steel appliances, air conditioning and well-designed outdoor spaces. Built with a city-lifestyle in mind, the enviable and convenient location means you can leave the car in your dedicated parking spot and walk to transport, cafes, amenities and more. Construction has commenced with move in scheduled for mid-2019 With just 26 apartments over five levels, these boutique apartments are sure to be snapped up quickly. GET IN TOUCH M: T: W: E: peter@astina.com.au 1 2
3 Where lifestyle meets location THE LOCATION City Vista Apartments are located at 15 Vista Street, in a quiet, leafy pocket of downtown Penrith with many amenities at your door. Travel to downtown Sydney takes 50 minutes by train and the new Western Sydney Airport will be an easy 25 minutes drive, providing access to domestic and international travel. Leave the car at home and walk to all you need Whether you re looking for drinks, dinner, entertainment or exercise, all amenities are within an easy walk. You can leave the car in your dedicated parking space and walk to: Penrith Station Transport Hub Penrith Westfield Nepean Riverwalk Penrith Panthers Leagues Club and Stadium Supermarkets including Coles and Woolworths Cafes, restaurants and bars including Henri Marc, Mr Watkins Bar, The Union, Waffle Co, Cafe at Lewers and many others Ripples Penrith and gyms Penrith Night Markets and Farmers Markets Penrith station 12 min Restaurants 5 min Westfield 6 min Nightlife 10 min 3 Nepean River 12 min Cafes 10 min Supermarket 6 min 4
4 Modern finishes, inside and out BOUTIQUE APARTMENTS While there are a handful of one bedroom apartments, most apartments boast two bedrooms and two bathrooms. Each apartment is architecturally designed with open plan living in mind. Kitchens come complete with stone bench tops, 1 ¼ bowl sinks and quality, stainless steel appliances including a dishwasher. Each apartment s laundry offers a dedicated dryer. The underground security car park provides either one, or two, parking spaces for each apartment and a dedicated lockable storage unit. All apartments offer outdoor space, such as a courtyard or balcony. You will also enjoy getting together with neighbours and friends in the landscaped gardens and outdoor, communal entertaining areas. 5 6
5 Your lifestyle location THE AMENITIES 1 City Vista Apartments 2 Westfield Retail Supermarkets Library Movie theatre Markets 3 Restaurants 4 Transport Penrith train station Penrith bus station 5 Nepean River Walking tracks Cycling tracks Cafes Playgrounds 6 Ripples Penrith Swimming pool Exercise facilities 7 Nepean Village Supermarkets Gym Retail 8 Cafes Located in a quiet pocket of downtown Penrith with amenities and transport a short walk away 9 Panthers Penrith Restaurants Bars Entertainment NRL Stadium 7 8
6 It s a wise decision to buy off the plan in Penrith INVESTORS Penrith is a city primed for growth, much of which will be driven by increasing employment opportunities. Sydney Science Park, the expansion of the health and education precincts, Werrington Corporate Centre and the construction of Western Sydney Airport are set to create more than 69,000 new jobs in the next 20 years. City Vista Apartments are located in the heart of some of the region s major infrastructure projects, educational facilities and transport links and are in an in-demand area for renters and commuters. Penrith is benefiting from unprecedented levels of private and government investment, which has resulted in better infrastructure and job creation. All of which are excellent indicators for property market performance. Billions of dollars are currently being invested in land releases, rail links, health and education precincts, road upgrades and the Western Sydney Airport, which was confirmed to go ahead by the Federal Government with an investment of $5.3b to enable the construction of stage one. The Penrith region is growing rapidly INFRASTRUCTURE The WestConnex motorway project, funded by Federal and State governments, is a 33km partially underground motorway. It will widen and extend the M4, duplicate the M5 East and join them together in a bypass. To date $1.6b worth of contracts have been issued and 10,000 jobs are expected to be generated. In addition the Western Sydney Infrastructure Plan is a $3.6b program that is currently upgrading roads across the region and there is currently a $1b investment in Nepean Hospital underway, with stage two beginning in HIGH DEMAND It is estimated that 105,000 new homes will be needed across Western Sydney in the next 20 years. At current rates only half the number required to meet population growth are being delivered. JOB GROWTH It is not only the number of jobs that is expected to grow in Western Sydney, but also the quantity of highly skilled roles: 12,000 new jobs at Sydney Science Park 12,000 new jobs at Penrith Health and Education Precinct (aka The Quarter) 35,000 jobs created by Western Sydney Airport 10,000 jobs created by WestConnex Motorway AFFORDABILITY Another major factor attracting smart investors to Penrith is affordability with strong rental yield compared to inner city suburbs. Avg. prices for 2 bedroom apartments are below: Penrith $500,000 Blacktown $600,000 Parramatta $800,000 Inner West $1,000,000 WESTERN SYDNEY AT A GLANCE 69, % 4.7% New jobs in the next 20 years Population growth by 2031 Average unit rental yield above the Sydney $9.1Billion 72 schools 15 days In major local investment Including three university sites Avg. time on market for an apartment sale in Penrith (Q4, 2015) 9 Western Sydney Airport* Werrington Park Corporate Centre* Sydney Science Park* metro average of 4.3% 10 *Artist impressions
7 ESTIMATED DEPRECIATION SCHEDULE Estimate of depreciation claimable on a typical 2 bedroom apartment for City Vista Apartments 15 Vista Street, Penrith. Assumes settlement on 1 July in any given year. This is an estimate only and should not be applied, acted upon or used for tax purposes. Depreciation of plant is based on the diminishing value method of depreciation applying Low-Value Pooling. The Division 43 Write Off Allowance is calculated using 2.5% depending on the property type and date of construction. This estimate is based upon legislation in force at the date of report production. FIRST HOME BUYERS THE BUYING PROCESS STEP 1 STEP 2 With prices starting at $450,000 and just 5% deposit required, City Vista Apartments makes it easy to buy your first home. Qualifying first home buyers can save up to $31,000 through the First Home Buyers Grant and stamp duty exemptions (NSW). The apartments also offer a perfect investment opportunity for the future. The inclusion of air-conditioning, ceiling fans, stone benchtops, stylish appliances and the additional bathroom, as applicable, appeals to quality tenants happy to pay a premium for the convenient location. SELECT an apartment and contact an Astina Sales Team Member to help. SECURE your apartment with a 0.25% deposit and sign the contract. You have a ten business day cooling off period to get legal advice. STEP 3 STEP 4 STEP 5 STEP 6 STEP 7 DONE DEAL pay the balance of the 5% deposit at the end of the cooling off period. If you decide to pull out before the end of the cooling off period the 0.25% deposit is refunded. SIT TIGHT and watch the build happen. Apartments are due for completion in mid ENSURE your finance is organised to pay the balance owing when the build is complete. SETTLE the contract after your financier has done a valuation and inspection. MOVE IN and enjoy your new lifestyle and boutique apartment
8 About the developer About the builder Floor plan options ASTINAGROUP FLOOR PLAN #1 Astinagroup is an Australian owned, leading property group in Greater Western Sydney active in property development, investment and building management. They are known as a market leader in up market developments in NSW and pride themselves on building residential developments that are built with lifestyle and longevity in mind. Unit: 86m 2 Courtyard: 46m 2 Total: 132m 2 Level: Ground Apt: A001 Established in humble beginnings 35 years ago Astinagroup have grown and diversified into a market leader. The success in both the commercial and residential property market stems from expertise of three generations of building experience. City Vista Apartments is the latest build of many developments undertaken by Astinagroup in Greater Western Sydney. The floor plans contained in this brochure have been prepared for advertisement purposes only. The information and dimensions are a guide only and have been prepared in good faith and with due care. The developer will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that any person or organisation relies upon that is contained in this drawing. If any person or organisation requires verification of the contents of the drawing, we recommend that they arrange verification from their own architect, town planner, legal advice and council
9 FLOOR PLAN #2 FLOOR PLAN #3 1 Bed, 1 Bath, 1 Car Unit: 65m 2 Courtyard: 29m 2 Total: 94m 2 Level: Ground Apt: A002 2 Bed, 1 Bath, 1 Car Unit: 70m 2 Courtyard: 34m 2 Total: 104m 2 Level: Ground Apt: A
10 FLOOR PLAN #4 FLOOR PLAN #5 Unit: 87m 2 Balcony: 10m 2 Total: 97m 2 Levels: 1, 2, 3 Apt: A101, A201, A301 Unit: 81m 2 Balcony: 14m 2 Total: 95m 2 Levels: 1, 2, 3 Apt: A102, A202, A
11 FLOOR PLAN #6 FLOOR PLAN #7 Unit: 86m 2 Balcony: 18m 2 Total: 104m 2 Levels: 1, 2, 3 Apt: A103, A203, A303 Unit: 78m 2 Balcony: 12m 2 Total: 90m 2 Levels: 1, 2, 3 Apt: A104, A204, A
12 FLOOR PLAN #8 FLOOR PLAN #9 Unit: 83m 2 Balcony: 10m 2 Total: 93m 2 Level: 4 Apt: A401 Unit: 82m 2 Balcony: 13m 2 Total: 95m 2 Level: 4 Apt: A
13 FLOOR PLAN #10 FLOOR PLAN #11 Unit: 81m 2 Balcony: 18m 2 Total: 99m 2 Level: 4 Apt: A403 1 Bed, 1 Bath, 1 Car Unit: 66m 2 Balcony: 9m 2 Total: 75m 2 Level: 4 Apt: A
14 FLOOR PLAN #12 FLOOR PLAN #13 Unit: 80m 2 Balcony: 15m 2 Total: 95m 2 Level: 1, 2, 3, 4 Apt: A105, A205, A305, A405 Unit: 81m 2 Balcony: 34m 2 Total: 115m 2 Level: Penthouse (Lvl 5) Apt: A
15 FLOOR PLAN #14 FLOOR PLAN #15 Unit: 84m 2 Balcony: 26m 2 Total: 110m 2 Level: Penthouse (Lvl 5) Apt: A502 Unit: 87m 2 Balcony: 11m 2 Total: 98m 2 Level: Penthouse (Lvl 5) Apt: A
16 Schedule of finishes External Finish: Acrylic painted Hebel/Render/Clad/ Colourbond Aluminium Roof colourbond sheeting Powder coated aluminum windows and sliding doors with glazing Tiled balconies and gas bayonet point Reinforced concrete slab Pre-finished zincalume gutters and down pipes Interior: Painted Gyprock / Hebel walls Plaster set or Gyprock ceilings and painted Doors, Entry timber faced fire door in steel frame and painted. Internal in steel or timber frame and painted. Door furniture chrome Gas hot water system; gas bayonet in living area Living area to be tiled with quality ceramic plank tiles TV outlets provided to TV antenna; in living area and in main bedroom Security intercom system provided to each apartment Selected surface mounted light fittings Fly screens provided to all windows and sliding doors Smoke detector Vertical blinds to windows and sliding doors except bathroom Split system reverse cycle A/C Bedrooms: Bedroom 1 to have fitted shelf/ drawer unit with hanging rail and mirrored sliding doors. Bedroom 2 to have mirrored sliding doors with hanging rail Carpet floors 29 Kitchen: Caesar Stone bench top Ceramic tile splash back Ceramic floor tiles 1 and ¼ bowl stainless steel sink Chrome mixer tap Under bench oven, stainless steel Gas cook top, stainless steel Stainless steel rangehood Bathroom and Ensuite: Walls ceramic tiles and floor White vanity with chrome furniture White acrylic bath tub Silver aluminum framed shower screen and clear glass Dual flush toilets Chrome tap-ware and accessories GET IN TOUCH M: T: W: cityvistaapartments.com.au E: peter@astina.com.au Laundry: Ceramic floor tiles and skirting Ceramic tile splash back Tub and cabinet with by-pass Car Park and Storage: Remote entry door to security carspace. Storage locker will be provided for each unit Common Property: Intercom entry security control system Security remote control doors to carpark entry/exit Colourbond fencing to boundary Powder coated aluminium letter box Tile and carpet entry to lobby The median price of lots is $530,000 based on current prices at 1 January 2018 and subject to change. Stamp duty and registration fees are the responsibility of the purchaser. A purchase deposit of 5% is payable on exchange of contracts. All lots are offered on the basis of first in, first served. All statements in this publication are made in good faith and rely upon information which is current at 1 July, They may be subject to change without notice. Any information relating to location, distance or landscaping are indicative only.
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