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Oct
7
2015

CROWN GROUP FAST-TRACKS FINAL PARRAMATTA APARTMENTS

Powered by surging demand, V by Crown Group’s final apartments will hit the market ahead of schedule.

(Sydney, Australia) Wednesday, October 7 2015 – Hopeful buyers will get a last bite at the apple at a one-day property launch in Parramatta.

Savvy buyers are expected to swoop when Crown Group releases the final stage of its popular Parramatta development, V by Crown Group, on Saturday November 21.

The final apartment release will include studio, one-bedroom, one-bedroom-and-study and three-bedroom apartments; priced from $499,000.

When complete, the $309-million 29-storey tower designed by Allen Jack + Cottier Architects, will feature 519 luxury apartments and resort-style facilities including a 25m lap pool, sauna, gymnasium, theatrette, library and wine room.

Crown Group Project and Commercial Sales Director Anthony Falas said the early release of the V by Crown Group’s final apartments was prompted by an overwhelming demand for affordable luxury apartments in Parramatta.

“We fast-tracked this release to cater to surging demand in apartments at V by Crown Group.

Demand from buyers has reached a tipping point; with first home buyers at the forefront,” Mr Falas said.

“V by Crown Group’s final release includes some of the most affordably priced apartments in the project, with studio apartments starting from $499,000,” he said.

Offering residents a pocket of calm and spectacular views, V by Crown Group will feature a landscaped communal garden on level 19.
Mr Falas said V by Crown Group would be a vertical village of stylish urban homes; well-suited to buyers ready to embrace the future.

“Young buyers are genuinely interested in apartment living and they’re actively looking for value-add amenities that make it a long-term lifestyle choice,” Mr Falas said.

“V by Crown Group’s affordability, coupled with its superb location and amenities, sets it apart from other ‘first homebuyer’ locations,” he added.

When complete, V by Crown Group will feature a stunning ground-floor retail precinct comprising a selection of modern shops and restaurants and a state-of-the art heritage showcase.
Already the nation’s fifth largest economy, Western Sydney is projected to account for 60 per cent of Sydney’s growth in the next 25 years.

V by Crown Group is located on the corner of Marsden and Macquarie streets; a short walk from Church Street Mall, Parramatta train station, Parramatta Heritage Parklands and Westfield.

The development is due for stage one completion in December 2016 and stage two in June 2017.

Crown Group is accepting expressions of interest for V by Crown Group’s final apartments at www.crowngroup.com.au

For more information call 1300 302 186.

ENDS

Media Interviews

Crown Group Commercial and Project Sales Director Anthony Falas is available for a limited number of interviews on request.

Editor’s Note

Images and video are available upon request including artist impressions, launch videos and computer-animated ‘fly-through’ footage of selected Crown Group developments.

Media Enquiries:

Kate Prideaux, General Manager of Communications & Public Relations
(02) 9925 0088 or 0401 863 436
kateprideaux@crowngroup.com.au

About Crown Group

Crown Group Holdings (Crown Group) is a leading Australian property group specialising in property development, property investment and serviced apartments.
Founded in 1994, Crown Group has offices in Australia, Indonesia and Singapore and is currently developing in Australia and Indonesia.
The company was co-founded by architect Mr Iwan Sunito and engineer Mr. Paul Sathio in 1994.

Iwan Sunito graduated with Bachelor of Architecture (Hons) and Master of Construction Management from University of NSW. In 1993 Iwan became a Registered Architect in NSW and was awarded the UNSW Eric Daniels award for excellence in residential design.
In recent years Iwan received a number of awards including Indonesia’s Property & Bank Magazine Golden Leadership Award 2013, the 2013 Congress of Indonesian Diaspora Entrepreneur award and named a winner in the 2013 Ernst & Young Entrepreneur of the Year Awards. Iwan Sunito was also named Urban Taskforce Australia’s 2015 Property Person of the Year

Paul Sathio graduated with a Bachelor degree in Civil Engineering from University of Technology Sydney (UTS) and a Masters of Engineering Science from University of NSW. Paul has more than two decades’ experience in the construction and development industry.
Past and recent projects

Since the company was founded 21 years ago, Crown Group has successfully completed major developments in Sydney’s best locations including Bondi, Bondi Junction, Parramatta, Ashfield, Epping, Homebush, Newington, Pennant Hills and Rhodes and most recently Viking by Crown, a 10-storey residential complex in Waterloo.
Today, Crown Group boasts a large portfolio of projects under development and in the pipeline and is currently developing five major projects; Infinity by Crown Group in Green Square, the 29-storey V by

Crown Group in Parramatta, 20-storey Skye by Crown Group in North Sydney, the popular inner-west development Oasis by Crown Group and a 22-storey residential tower at Clarence Street in the heart of Sydney’s CBD.

Awards

Crown Group was recently awarded the Urban Development Institute of Australia (UDIA) NSW President’s award – considered one of the highest property development accolades in Australia – for its seven-tower, resort-style development Top Ryde City Living.

Top Ryde City Living was also named best High-Density Development in Australia at the UDIA awards for excellence 2014 and a Master Builders Association Excellence in Housing award 2013. Crown Group’s innovative, waterfront development Sanctum by Crown was awarded a Master Builders Association Excellence in Housing award 2012 and its hugely-successful ICON at Homebush was awarded HIA’s (Housing Industry Association) CSR Housing Awards 2007 Apartment Project of the Year.
Future launches

Crown Group will launch a number of projects in 2016.

www.crowngroup.com.au

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