Rouse Hill's $500m Parkland Estate project enters next phase
The third stage of Parkland Estate will soon launch with 213 new apartments in the landmark Rouse Hill development.
PRDnationwide Norwest and Ray White Castle Hill have been appointed as the project marketers for Capital Corporation.
Designed by the architectural firm Turner, the six to nine story apartment development, has received DA approval.
Construction is expected to begin in early 2017.
Construction of the first stage of the development, which includes 62 terrace homes, is already underway and is expected to be completed in late 2017.
In total, more than 700 dwellings will be built within the $500 million development.
Capital Corporation is a Baulkham Hills based developer.
The company has a strong presence in the local area, having developed 45 projects alone in the Norwest Business Park and various other commercial and residential projects in the local area.
Capital Residential Developments Development Manager Joel Wood said Parkland Estate was a transformative development for the North West area.
"We didn’t want to just build a housing and unit development, we wanted to build a new community,” he said.
“There was the opportunity to build significantly more apartments on the site, but we chose to prioritise liveability and design.
"We are providing more than 5000sqm of green space for the project and a number of communal facilities which will encourage social interaction and foster a neighbourhood community.
"This is how people want to live today.
"They want the convenience of being close to major transport networks and retail precincts, but also desire access to parks and other amenities.”
The Central Park area of the project, which will be completed in 2018, includes a 17m lap pool, playground facilities, grass areas, a tennis court, communal rooms and a BBQ pavilion.
PRDnationwide Norwest Director David Inkster said it was the biggest residential development currently taking place in the Rouse Hill area.
“The first stage of the project was very successful, with all terrace houses selling out very quickly and 75% of the first release of the apartments already sold.
The site is located within short walking distance (300m) of the future Cudgegong Road Train Station which will be part of the $8.3billion North West Rail Link.
Situated in the booming North West Growth Corridor, Parkland Estate is close to several schools, shopping precincts, numerous restaurants and entertainment venues.
Median prices for the first stage of Parkland Estate range from $500,000 for a one bedroom apartment through to $800,000 for a three bedroom apparent.
The next stage of the project comprises 75 one bedroom, 100 two bedroom and 38 three bedroom apartments.
Those interested in Parkland Estate can register at https://parklandrousehill.com.au/
