This article is from the Australian Property Journal archive
DEVELOPER Level 33 has completed a 24-month, $37 million mission of acquiring a row of 15 Kogarah homes for a proposed new apartment development.
The sites are on the southern side of Regent Street in the southern Sydney suburb and it is intended they will make way for four separate buildings with a total of 300 apartments.
Eddy Haddad of Level 33 said the best sites were always the hardest to purchase, and patience and understanding is always required to ensure the mutual benefit of all involved.
“We fully understood we were dealing with families here and their pride and joy, so we really wanted to look after the owners and ensure they were happy with the outcome,” he said.
“This site really ticked all of the boxes in terms of convenience, as it’s literally only a one-minute walk to Kogarah train station, the St George Hospital is 100 metres away, and all the other amenities in the centre of Kogarah are on the doorstep,”
Sales are expected to launch in early 2018, and construction to commence from mid-to-late 2018.
Australian Property Journal
