Sekisui House builds presence in North-West Sydney with growing residential estate portfolio
Leading residential property developer and home builder Sekisui House Australia has announced its acquisition of a Norwest masterplanned estate in Sydney’s North West from developer Aqualand.
This newly acquired masterplanned estate is part of Sekisui House’s multi-million dollar strategy to grow its footprint in the Sydney metropolitan region over the next 5 years. It follows Sekisui House’s recent agreement with Stockland to design and construct over 330 homes across two of the business’s estates, Elara and The Gables, also located in North West Sydney.
The Norwest development envisages to create a new type of lifestyle community for homebuyers, with high-quality, high-end liveable homes underpinned by industry-leading sustainability. The masterplanned community will allow Sekisui House to bring its unique SHAWOOD home building product to more Australians.
CEO of Residential Communities & Home Building at Sekisui House Australia, Sean Osawa, said: “We are excited to be expanding to another site in Sydney’s North West, building on our active acquisition strategy in greater Sydney and allowing us to deliver our well-appointed and sustainable SHAWOOD homes to more Australian homebuyers.
“The vision for the Norwest masterplan is to incorporate Sekisui House’s unique approach to placemaking and community building, combining the very best in design, quality, innovation, and sustainability to deliver a vibrant new estate.”
Set for development over the next 5 years, the new $375 million masterplanned development will retain the unique heritage elements of the site and include a diversity of housing form and unmatched lifestyle amenities that promote a strong community and connectivity with the wider municipality.
Craig D’Costa, Executive General Manager, Sekisui House Australia, said: “The acquisition of this site, as well as the recently announced agreement with Stockland, firmly cements Sekisui House’s offering of premium housing options into Sydney’s north-west. We have a growing portfolio of premium residential estates in the North and South West and plans for new communities in various other metro and coastal Sydney locations.”
“We understand homebuyers are looking for premium lifestyle properties that offer a sanctuary, surrounded by greenery, yet close to an activated destination for recreation, work, dining and entertainment. Norwest will encompass this, offering exceptional lifestyle amenities, alongside our luxury, well-appointed SHAWOOD homes.”
Located just 31km from the Sydney CBD, the area presents a growing lifestyle hub with prime housing market potential. The masterplan is ideally positioned within a ten-minute walk from Norwest Business Park and Norwest Metro Station and offers captivating district views through to the Blue Mountains.
Building on the business’ recent multi-awarding-winning accomplishments in home design and innovation, Sekisui House intends to further elevate the standard of sustainability and lifestyle features of housing in Australia as it expands the portfolio. Sekisui House looks forward to delivering a market-leading, sustainable masterplanned estate within The Hills Shire Community of North-West Sydney for all to enjoy.
Find out more about Sekisui House’s approach to delivering award-winning sustainable homes and communities: https://www.sekisuihouse.com.au/communities/