CROWN GROUP EXPANDS COMMERCIAL AND RETAIL BASE

09-Feb-2015 6:49 PM

An Australian property developer has announced commercial suites at Waterloo within the City of Sydney’s Green Square revitalisation precinct.

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January 08, 2014 – An Australian property developer has announced commercial suites at Waterloo within the City of Sydney’s Green Square revitalisation precinct.

Crown Group will deliver six premium commercial suites designed by Japanese-Australian architect Koichi Takada when it completes its 10-storey Viking by Crowndevelopment at 30-36 O’Dea Avenue Waterloo in February 2015.

Ranging in size from 63 to 95 sq m, Viking by Crown’s high-end commercial suites are less than seven kilometres from Sydney’s Central Business District, Sydney’s airport, the popular Danks Street and Centennial Park and 700m to Green Square train station.

The suites will feature luxury finishes including porcelain floor tiles, fully-equipped kitchenettes, separate bathrooms and generous storage. Viking by Crown features an elegant, modern staircase and lift access to the first floor commercial suites. Parking is underground with access to level one from the basement.

The six suites are part of a collection of Crown Group commercial and retail suites set to become available in the coming months, including ground level retail shops and cafes at V by Crown at Parramatta and a selection of retail suites fronting either Pacific Highway or Angelo Street at Skye by Crown at North Sydney.

Crown Group’s Sydney by Crown at 161 Clarence Street, designed by Koichi Takada Architects and incorporating an eight-storey atrium, roof top bar and through-site link, will be home to nine ground-floor retail spaces expected to be highly sought after when they become available in 2017.

Crown Group Project Sales and Commercial Manager Anthony Falas said the Viking by Crown’s commercial suites at Waterloo would be highly sought after in the tightly held City of Sydney market.

“We are confident the premises will attract quality tenants seeking a modern space in Sydney’s revitalised Waterloo and Green Square areas,” Mr Falas said.

“An influx of new residents at Viking by Crown and the Waterloo area will provide a good client base for tenants.

“This premium office space is available for sale now,” Mr Falas said.

West of the CBD at Parramatta, V by Crown’s retail space was an excellent opportunity within 200 metres from the Parramatta Square redevelopment precinct, Mr Falas added.

“With the expansion of Parramatta, we expect a range of buyers for the sites, from well-known restaurants to new entrants,” Mr Falas said.

“The demand for mixed-use developments with well-presented retail at ground level, suitable for high-quality restaurants, cafes and shops, is very strong judging by the feedback we’ve received from interested buyers and tenants,” he said.

In addition to its six commercial suites, Viking by Crown at Waterloo features 110 residential apartments which were sold out off-the-plan.

Waterloo forms part of The City of Sydney’s broader $8 billion redevelopment of the Green Square area, centred on a new Town Centre to be constructed near Green Square train station and its first stage expected to be complete by 2017.

The Green Square Town Centre is predicted to attract 20,000 workers by 2030.

Summary

Crown Group Retail and Commercial collection

Viking by Crown

Six commercial suites

Ranging in size from 63 to 95 square metres

V by Crown

  • Five retail tenancies, one is potential commercial suite (includes mezzanine level)
  • Total 808sqm
  • Suites range in size from 32sqm to 213sqm
  • Located along Marsden Street, Hunter Street, in the Plaza and lobby area, or Facing Macquarie street.
  • One proposed space is located on top floor with lift access – suitable for bar

Skye by Crown, North Sydney

A selection of retail suites with options Pacific Highway or Angelo Street frontages available.

Sydney by Crown, Sydney CBD

Approx. 900.8 sqm gross leasable nine tenancies available 2017

Crown Green Square

Approx. 4019 sqm approx. 28 commercial tenancies

Residential component launching 2015 with commercial tenancies to follow

 

Media Interviews

Crown Group Project Sales and Commercial Manager Anthony Falas is available for a limited number of interviews on request.

 

Editor’s Note

Images and video are available upon request including artist impressions, photographs of display apartments and computer-animated ‘fly-through’ footage of selected Crown Group developments.

Media enquiries

Kate Prideaux, General Manager of Communications & Public Relations

(02) 9925 0088 or 0401 863 436

kateprideaux@crowngroup.com.au

 

Dominique Kuhne, Communications Executive

(02) 9925 0088 or 0432 230 425

dominiquekuhne@crowngroup.com.au

 

About Crown Group

Crown Group Holdings (Crown Group) is a leading Australian property group, active in property development and property investment in Sydney.

The company was co-founded by architect Mr Iwan Sunito and engineer Mr Paul Sathio in 1996.

Iwan Sunito graduated with Bachelor of Architecture (Hons) and Master of Construction of Management from University of NSW. In 1993 Iwan became a Registered Architect in NSW and was awarded the UNSW Eric Daniels award for excellence in residential design.

In recent years Iwan received a number of awards including Indonesia’s Property & Bank Magazine Golden Leadership Award 2013, the 2013 Congress of Indonesian Diaspora Entrepreneur award and named a winner in the 2013 Ernst & Young Entrepreneur of the Year Awards.
Paul Sathio graduated with a Bachelor degree in Civil Engineering from University of Technology Sydney (UTS) and a Masters of Engineering Science from University of NSW. Paul has more than two decades’ experience in the construction and development industry.

Crown Group was recently awarded the Urban Development Institute of Australia (UDIA) NSW President’s award – considered one of the highest property development accolades in Australia – for its seven-tower, resort-style development Top Ryde City Living.

Top Ryde City Living was also named best High-Density Development in Australia at the UDIA awards for excellence 2014 and a Master Builders Association Excellence in Housing award 2013. Crown Group’s innovative, waterfront development Sanctum by Crown was awarded a Master Builders Association Excellence in Housing award 2012 and its hugely-successful ICON at Homebush was awarded HIA’s (Housing Industry Association) CSR Housing Awards 2007 Apartment Project of the Year.

Since the company was founded 18 years ago, Crown Group has successfully completed major developments in Sydney’s best locations including Bondi, Bondi Junction, Parramatta, Ashfield, Epping, Homebush, Newington, Pennant Hills and Rhodes.

Today, Crown Group boasts a $3.5 billion portfolio of projects under development and in the pipeline and is currently developing three major projects; Viking by Crown, a 10-storey residential complex in Waterloo, V by Crown, a 29-storey residential tower in Parramatta and Skye by Crown a 20-storey development in North Sydney launched in June 2013.

After selling out Top Ryde City Living in October this year, Crown Group launchedSydney by Crown in the heart of Sydney’s CBD in November, resulting in more than $170 million in apartments sold within four hours.

www.crowngroup.com.au

Topic: Retail

Media contact

Dominique Kuhne
Communications Executive

dominiquekuhne@crowngroup.com.au

Mobile: 0432 230 425

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About us

Crown Group is a leading Australian property group, active in property development and property investment in Sydney.

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