The Launch of Veue Central secures $63 million in sales
06 August 2023
Positive property sales momentum continued in Sydney today with Sekisui House Australia securing over 50 sales valued at more than $63 million in Veue Central (Veue), the tallest and most prominent stage (Stage 4) in The Orchards, $1 billion masterplanned community in Norwest.
To cap off the strong sales result, an apartment record was also set. A four-bed luxury penthouse sold in Veue for $3.2 million to a local downsizer. The 53 sales comprised 8 one beds, 38 two beds, 5 three beds and 2 four bed penthouses. Over 200 people attended the public launch event.
David Lee, Sales Manager, Apartments & Mixed-Use Developments – The Orchards at Sekisui House Australia, comments, “Sales in The Orchards continue to demonstrate strength in Norwest and the Sydney market generally. Over 60 per cent of purchases came from locals, whilst the remainder was mostly spread across 15 Sydney suburbs.
“There was a diverse mix of buyers from owner-occupiers and downsizers to first home buyers and renewed interest from overseas investors from South-East Asia. This cohort of purchasers recognize the benefits of buying in a well-located area such as Norwest, a north-west growth suburb.”
“It is all about location for them and making the numbers work. The ability to walk to Norwest Business Park and Norwest Metro Station is very appealing to renters. Rental demand continues to soar in Norwest due to supply constraints in this area, which is an attractive proposition for investors,” he added.
“Three key aspects helped secure owner-occupier sales including Veue’s unique design elements, quality finishes and Sekisui House’s local and international reputation to deliver high-end luxury apartments. Upsizers and empty nesters looking to downsize and use the equity from their homes to move into a ‘lock-up’ and leave luxury apartment represented several apartment sales.”
David continued, “The splendid uninterrupted northerly views overlooking Castle Hill Country Club, Norwest Lakes to the south and the Blue Mountains to the west also captured buyer interest.”
Downsizers Sean and Liz Hunter from Dural purchased a three-bed penthouse. “We have friends who bought in Stage 2’s Aire last year and love it. They sold us the downsizing lifestyle dream in The Orchards. I’m a member of Castle Hill Country Club and very familiar with the Norwest precinct and its existing infrastructure. We secured a terrific north facing apartment with impressive views of the golf course,” Sean said.
Veue is located in the heart of The Orchards and will stand proudly across six buildings ranging from 9 to 22 storeys, comprising 583 nature-inspired ‘homes in the sky’.
Award winning Crone Architects has masterfully created Veue’s residential towers with a vertical green spine complemented by an open landscaped recreational central core, connecting residents to parklands that extend from the eastern part of the site all the way to the creek in the west.
“Veue’s design vision compliments The Orchards’ natural surrounds with residences maximising connection to the landscape and nature. The green of the gardens is drawn into the resident experience. A sense of wellness is promoted in the design within the wonderful natural environment. A place to return to from the fast pace of the city to a garden setting for which Baulkham Hills is renowned,” said Julian Venning, Principal – Design at Crone Architects.
Floor to ceiling glazing to capture panoramic views to nature, optional interior schemes including diverse materials and tonal finishes, oversized balconies on upper levels and EV charging within the resident car park are some of the meticulously designed features Veue purchasers can expect. Prices start from $840,000 (76 sqm internal) up to $3.2 million for a unique four-bed penthouse (202 sqm internal).
A wellness centre provides a gymnasium and pool connected directly to the garden. Veue residents can entertain up to 100 guests within the adjacent communal function centre for parties and special occasions. A concierge service is also available to service the needs of all residents.
The masterplan, designed by Turner is spread across five stages. When completed, the community will comprise 1,300 generously proportioned apartments.
The Orchards is located approximately 31 kilometres north-west of Sydney’s CBD and is nestled in Norwest. It is strategically positioned 800 metres from Norwest Metro Train Station and 600 metres from Norwest Marketown as well as Norwest Business Park - currently housing over 30,000 employees.
Veue is located at 15 – 19 Spurway Drive, Norwest and construction is expected to start in 2024.
For further information visit www.the-orchards.com.au or call 1800 606 808.
Find out more about the latest stage, Veue Central here.