This article is from the Australian Property Journal archive
THE proposed development of the Tallawong Station precinct has been welcomed by industry groups, with the plans stipulating that at least 5% of the 1,100 units in Rouse Hill will be used for affordable housing for at least a decade.
Landcom, the New South Wales government’s land and property development arm, is overseeing the 10-year plan that includes around 11,000 new dwellings across Sydney’s Metro Northwest train line, including stations at Kellyville, Bella Vista, Norwest, Hills Showground, Castle Hill, Epping and Cherrybrook.
Tallowong Station south buildings will reach up to eight storeys in height, and has 1,015 car spaces and 1,210 spaces for bicycles.
Urban Taskforce CEO Chris Johnson said the Tallawong Station south concept plan, which also includes park and retail uses, has “the ingredients for a quality outcome”.
“It is good to see that Landom’s approach to providing affordable housing is based on NSW Government’s Affordable Rental Housing SEPP of 2009 that provides the affordable housing for a 10-year period.”
Landcom’s proposal includes no uplift, as the cost will be reflected in the value of the land, and the normal SEPP requirement of 20% affordable units has been reduced to 5%.
“This is a reasonable economic approach to the delivery of affordable housing and signals government support for a 10-year rental approach,” Johnson said. “The Urban Taskforce supports this flexible, sensible and pragmatic approach to the provision of affordable housing which takes into account the sensitivity of the property market.”
“The Urban Taskforce is supportive of large scale developments with a number of buildings, mixed uses and the provision of a park as this gives a sense of community and balances shared amenities with 1,100 apartments in this case.” Johnson concluded.
Australian Property Journal
