Real estate group Starr Partners opening office in Parramatta

Real estate group Starr Partners opening office in Parramatta
Staff reporterDecember 8, 2020

Western Sydney real estate group, Starr Partners, has announced it will open a new office in Parramatta next month.

The new office, located at 4/459-463 Church Street, Parramatta, will be open from 1 June.

It will led by a team of Starr Partners professionals who have an unsurpassed knowledge of the western Sydney property market.

Currently managing the Starr Partners’ Blacktown office, Daniel Formosa will become the office’s Managing Director and Mark Vella its Licensee. Together, they have more than 35 years’ real estate experience.

Their team will comprise husband-and-wife duo Greg Okladnikov and Antoinette Davino, who currently manage Starr Partners’ Auburn and Narellan offices with 29 years’ combined experience. Elise Nusco, an experienced new business and operations manager, will also join its ranks. 

Daniel says the decision to open an office in Parramatta was motivated by key developments in the suburb and its surrounds.

Due for completion in 2022, the construction of the $3.2 billion Parramatta Square precinct, one of the largest urban renewal projects in the country, will transform the heart of Parramatta’s CBD into a vibrant commercial and residential precinct.

The future Western Sydney Airport at Badgerys Creek, the Parramatta Light Rail, and the Blacktown Hospital redevelopment, will also lead to economic, social, and employment benefits for residents in the area.

“Today, Parramatta is the cultural centre of Western Sydney, with a sensational art and dining scene, and excellent infrastructure, including train and ferry access to Sydney,” says Daniel. 

With the population of the City of Parramatta expected to increase by more than 250,000 people in the next 20 years.

“The Parramatta property market is very robust with strong demand from first home buyers and families for both its mixed-use apartments close to Parramatta Square and leafier, suburban homes,” says Daniel.

“I believe that traffic congestion, overcrowding and a lack of open spaces in the inner suburbs of Sydney is motivating people to change their living arrangements according to their priorities. North Parramatta offers first-home buyers the chance to invest in a little more space, well connected to Parramatta’s CBD by Church Street and a burgeoning dining scene.”  

 

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