L1ON Croydon apartments snatch local first home buyers as sell-out approaches
It's taken just three months for the newly completed Croydon apartment development, L1ON Croydon, to nearly sell all of its apartment.
The boutique development at 1 Lion Street, Croydon, in Sydney's inner-west, has just 35 apartments in the two buildings designed by Benson McCormack Architects.
The one, two and three-bedroom apartments have primarily been a hit with local first home buyers, as well as local owner-occupiers who took advantage of the dual-level apartments.
The project has been built and developed by construction veterans and property developers Hone Constructions, who have over 15 years' experience in the property industry.
Alexander Vrisakis, director at HAUS Agency who has been handling the sales process, said the location of L1ON Croydon was a strong driver in purchasing.
“We know that Croydon is a wonderful location, just 20 minutes from the CBD, and buyers that have been eager to secure their first home somewhere that makes commuting to work easy,” Vrisakis said.
L1ON Croydon is close to both Ashfield and Croydon train stations, and is also well connected to the CBD by the extensive bus network. It sits within close proximity to parks, sports and aquatic centres, as well as public and private schools like PLC Sydney and De La Salle College Ashfield.
Residents are also close to shopping centres like Westfield Burwood and Ashfield Mall, plus all the eateries, cafes and bars of nearby Haberfield and Burwood.
L1ON Croydon apartments are kitted out with Fisher & Paykel appliances, engineered European oak flooring, Caesarstone kitchen benchtops and bespoke blinds and LED lighting throughout.
HAUS Agency Director Sean Dowling said it's rare to find such high-quality apartments that are untouched and available to purchase now.
“We’ve seen solid results, with a big draw card being the fact that the development completed on 1st February *and is ready to move in now," Dowling said.
One-bedroom apartments at L1ON Croydon are priced from $730,000.