Grand Vermont - 48 Vermont Street, Sutherland

392 Illawarra Road, Marrickville

The Sutherland Shire&#39;s newest striking apartment development, Grand Vermont, has officially sold out.

The development of 100 apartments at 48 Vermont Street was designed by Benson McCormack Architects (BMA)&nbsp;with a sleek, curved facade, bending around&nbsp;all four of the buildings to create a wave-like feature.

Grand Vermont was developed in a joint venture between property developers Hone Constructions and Holis, who have over 15 years experience in the property industry.

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First home buyers were keen on the development, particularly at the start of the year with the raft of government incentives. One-bedroom apartments were priced from $550,000, two-beds from $730,000 and three-bedroom apartments from $1.2 million.

Each apartment was kitted out with built-in Fisher &amp; Paykel appliances, Tongue n Groove engineered European oak flooring and Caesar Stone kitchen benchtops.

HAUS Agency director Alex Vrisakis said they saw strong sales as the building nearing completion.

&quot;Many buyers were able to try before they buy,&rdquo; Vrisakis said.

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&ldquo;They were able to physically stand in the kitchen or bathroom of the apartment they had their eye on, see the aspect and view, and measure for furniture, which really boosted the final few sales.&quot;

Vrisakis said owner occupiers made up 85% of buyers, he added was&nbsp;very telling in this market.

&ldquo;We saw enquiry from all over Sydney, but ultimately Sutherland Shire based buyers snapped up most of the units, taking advantage of up to $30,000 in Government first home buyer support. We&rsquo;re seeing the appetite for quality apartments has not wained, and achieved great prices.&rdquo;

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More than 40 per cent of apartment sold within the first three months of its launch in December 2020.

Sean Dowling, another director at HAUS Agency Director, said it was not a surprise to see the majority of&nbsp;buyers have come from within the Sutherland Shire.

&quot;When physical inspections were not able to happen, we created virtual tours, so buyers would meander through the apartments, common areas and street front from their own home.&rdquo;

Joel Robinson

Grand Vermont, Sutherland Shire's latest apartment development, sells out

First home buyers have been driving enquiry for the new Sutherland development Grand Vermont, which is nearing completion.

The 100-residence project&nbsp;at 48 Vermont Street, Sutherland, is being developed jointly by construction veterans and well known property developers Home Constructions and Holis.

Benson McCormack Architects have handled the design of the building, with a sleek and unique fa&ccedil;ade the stand out, with the curved architecture encapsulating residents from the street below.

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HAUS Agency Director, Alex Vrisakis, said the development offers all the comforts you need in a first home, or perhaps to downsize from the family home.

&nbsp;&ldquo;We&rsquo;re seeing first home buyers from all over Sydney take advantage of up to $30,000* in Government first home buyer support.&rdquo;

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Since its sales launch, Grand Vermont has sold over&nbsp;40% of apartments&nbsp;during the COVID-19 pandemic. Enquiries have come not just from within the Sutherland Shire, but from greater Sydney.&nbsp;

&ldquo;75% of enquiry on Grand Vermont has been from first home buyers, and 15% of enquiries have been from owner occupiers,&rdquo;&nbsp;Vrisakis said.

&ldquo;We&rsquo;re seeing interest not just the Shire, but areas like the North Shore, Inner West Corridor and the Illawara, from those looking for a sea change.&rdquo;

One bedroom apartments start from&nbsp;$550,000, with two bedrooms priced from $730,000, meaning there&#39;s no stamp duty to be paid on those bedroom configurations.

Three bedrooms start from $1.2 million.

The development is located 35 minutes by train to Sydney CBD, less than 5km to Westfield Miranda and&nbsp;Cronulla Beach.

Each of the one, two and three bedroom residences have been designed to capture as much light as possible.&nbsp;They all feature&nbsp;Fisher &amp; Paykel appliances and&nbsp;20mm Caesar Stone benchtops in the kitchen and&nbsp;Tongue n Groove engineered European oak flooring.

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There is a lush communal landscaped outdoor area for residents which keeps&nbsp;strata fees low.

In 2020, Sutherland Shire was voted the #2 most liveable location in Australia in a survey by market research leaders Ipsos.

Holis & Hone Constructions

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