Rockdale

First home buyers have been snapping up apartments in The Wave, the newest address in Sydney's Rockdale.

The Wave at&nbsp;376 Princes Highway, Rockdale, around 15 kilometres south of Sydney, is being developed by the veteran property development firm Chanine Developments.

The eight-level, CD Architects-designed block of just 35 apartments has been a hit with first home buyers who took advantage of the HomeBuilder grant prior to the end of March, as well as the first home buyer stamp duty concessions.

There are now only around 10 apartments left.

Ziad&nbsp;Chanine, the managing director of CD Architects,&nbsp;said the location of The Wave,&nbsp;positioned at the entry gateway into Rockdale town centre, dictated its unique design.

[smartcode_project:default project_id=6207]

"We felt it fitting to design a building which would welcome you into the town centre upon approach as well as creating an identifying landmark in the region," Chanine said.

"We embarked on the creation of something not of the normal order of apartment development in the region and the feedback has been tremendous."

Chanine said inspiration came from iconic buildings like the North Bondi Surf Life Saving Club.

"The design employs a flowing, curvilinear form to create an attractive architectural built element whilst angling balconies to capture views and vistas of Botany Bay through to Sydney CBD skyline.

<a href="/buildings/the-wave-380-princes-highway-rockdale"><img alt="" data-entity-type="" data-entity-uuid="" height="980" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_wave_main.jpg" width="800" /></a> 
Construction of The Wave is nearly complete. Image supplied

"The crackled tiles are an eye catching element along the wave-shaped balconies, reflecting the natural texture and landscape.

Most apartments left are priced under $800,000 which means first home buyers won't have to pay stamp duty for one or two bedroom apartments.

One bed apartments are priced from $595,000, two bedrooms from $690,000 and three bedrooms from $870,000.

Haus Agency director Alex Vrisakis said the development offers all the comforts buyers need in a first home, but is also attractive for the downsizer from a large family home.

The eight-level, CD Architects-designed block of just 35 apartments has been a hit with first home buyers



Joel Robinson

First home buyers nab Wave Rockdale apartments as completion nears

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The home of Fitness First and Repco in Rockdale has been sold for $22 million.
Located at 395 West Botany Street, Rockdale, the building is leased to national tenants Fitness First and Repco, with seven year and five year leases respectively.
The free standing, single level gymnasium and bulk goods retail facility, was sold on behalf of Australian Unity Limited.
Set on 1.78 acres the property has a net leasable area of 3,816 sqm as well as a parking lot fit for 123 cars.
<img src="https://www.urban.com.au/images/2018/11/19/Rockdale%201.JPG" alt="">
The agents had strong investor interest due to the long WALE of 6.46 years, and national tenants, who generate a passing net income of more than $1.4 million per annum.
The carpark was the site of the shooting murder of former bikie boss Mahmoud "Mick" Hawi.
 
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