Melrose Park North sets sales benchmark
Urban renewal project Melrose Park North has set a new off-the-plan sales benchmark, with more than 600 apartments now sold across the first three stages.
Work has started on the latest stage, Pulse & Pavilion, with the City of Parramatta Lord Mayor Bob Dwyer and Sekisui House Australia CEO and Managing Director Atsuhide Seguchi turning the first sod on site this week.
The stage, which includes 156 apartments, is already more than 90% sold out – easily making it the most successful major apartment sales project in Sydney this year.
Mr Seguchi said the Melrose Park North project, which is located along Victoria Road, was exceeding all expectations.
“It is no secret that the Sydney property apartment market has been challenging over the past two years,” Mr Seguchi said.
“However, it is clear well-designed, quality developments that offer a great lifestyle remain attractive to purchasers.’’