Plenary Group's Pariter unveils latest apartment project

Plenary Group's Pariter and Watermark Living have partnered with plans deliver a luxury retirement village and upgraded club facilities at Chatswood Golf Club in Sydney’s north. Watermark Chatswood will have 106 luxury two- and three-bedroom independent living units, a new clubhouse and facilities, a wellness centre and a major golf course upgrade. Pariter CEO John Innes said construction will begin early-2022 and be completed by the end of 2023. Pariter is also in the early stages of partnering with Cumberland Country Golf Club in Greystanes in Sydney’s west on a 196-unit development, new clubhouse and wellness centre. Pariter’s first project, Heathcote Grounds in the Sutherland Shire in Sydney’s south, is now fully sold. Due for completion in 2022, the development comprises 55 quality, low-rise townhouses and apartments on the edge of Royal National Park and the restoration of one of the few State-significant heritage-listed homes in The Shire, Heathcote Hall. Launched in 2020, Pariter is a development company focused on the origination, development and management of community infrastructure. It works with community associations, organisations and clubs to improve facilities and deliver sustainable residential and commercial developments that unlock value that can be reinvested back into core facilities, ensuring their long-term future through the provision of diversified income streams. A wholly owned subsidiary of Plenary Group, Pariter provides Plenary the opportunity to be engaged across the whole infrastructure spectrum, investing in delivering and improving local community infrastructure in addition to its public infrastructure portfolio