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NEARLY COMPLETED, WATERFALL BY CROWN GROUP RENTAL ENQUIRY SOARS

Onsite Leasing Team Has Held Over 1,000 Inspections From Prospective Tenants

SUARAKU1.COM, – 10 FEBRUARY 2020 – Sydney renters can now live in a newly completed tropical residential development with resort-style facilities in Waterloo with the unveiling of Waterfall by Crown Group. Just 5km from the city, it offers a limited collection of luxurious one, two and three bedrooms apartments, ready to lease and move in.

When first launched in 2017, Waterfall by Crown Group has successfully attracted the attention of buyers not only from Australia’s domestic market, but also from around the world. Recorded there are about 10% of buyers who come from Indonesia.

Crown Group Director of Property Management Anthony Caudullo said demand was proving to be strong for apartments at Waterfall by Crown Group, in the highly sought-after new community.

“Waterfall by Crown Group has received a lot of interest from local residents around Sydney, but what also has been pleasing has been the level of enquiry from interstate people relocating to Sydney.

“Since our leasing campaign commenced in September 2019, our onsite leasing team has held over 1,000 inspections from prospective tenants looking to make Waterfall by Crown Group their next home.

“To date all our studios within the development have been leased out and under 10 apartments remain in the one bedroom category available to lease.”
As an award-winning elite team, Crown Property Agency provides owners and tenants with a streamlined choice for full property management services, from processing leases to qualifying prospective tenants, collecting rents, as well as property inspections and advertising.

In 2018, Mr Caudullo’s leasing team took nearly 2,000 enquires for 80 apartments over several months when Arc by Crown Group opened in Clarence Street, Sydney. When Infinity by Crown Group apartments were available for lease in May 2019, the team was inundated with more than a total of 3,500 inquiries and leased out the total allocation of apartments within an 8-week period.

“Waterfall by Crown Group is located right in the heart of Waterloo, a premium location extremely convenient for renters who travel for work or students for schools, as it’s just 10 minutes from the airport, 15 minutes to the city, 15 minutes to the beach and close to three world’s top-ranking universities UTS, UNSW Sydney and The university of Sydney,” Mr Caudullo said.

“With the high level of interest from tenants especially in the early part of 2020, I’m confident that this will also result in minimal vacancy rates and return solid yields for our investors.”

Inspired by cascading water and tropical rainforests, the design is the work of award-winning SJB Architects, in conjunction with Crown Group, and leads an innovative greenery revolution in the heart of Waterloo.

The newly completed lush tropical development of 331 luxury apartments in Waterloo has set a new benchmark for integrating the natural landscape in an urban setting and broke the record for the highest-priced apartment in the suburb when it sold a penthouse for $4.5 million in May 2018.

The $395-million development offers luxurious residences in three seven-storey buildings and a 20-storey sculptural tower. There is also a mix of studios, one, two and three bedroom apartments, courtyard apartments and double-storey penthouses for sale. Apartment interiors offer fresh, modern finishes in stone and timber with subtle hues.

Crown Group’s signature resort-style facilities include an infinity rooftop pool and terrace, a cantilevered gym, rooftop cinema, function room with catering kitchen and a music room with a grand piano.

Public art is a key element within the development: Mika Utzon Popov, grandson of Sydney Opera House architect Jørn Utzon, created a large-scale artwork integrated in the design.

For more information on Crown Group properties for lease visit www.crowngroup.com.au/crown-property-agency. (AE)

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