Rebranded estate set to be released onto the market
A BOUTIQUE estate in Sydney’s growing northwest, set to be released onto the market this month, has already attracted more than 500 registrations of interest.
The 12ha site located on Terry Rd, Box Hill will comprise of 190-lots, most of which will offer a district outlook.
Legacy Property has taken on the project described as `an intimate masterplanned community’ and rebranded it as Box Hill Heights. The original developers of the estate, which had been called Halcyon Rise, were placed into liquidation.
Matthew Hyder, chief executive officer for Legacy Property said views from the land set it apart from other residential communities currently under construction in the region.
“There is significant demand for housing in Box Hill and while one may not need to be different to be selling successfully, we are definitely trying to create a community that is very family friendly and leverage the elevated location of most of the lots,’’ he said.
“There will be some building covenants — they are not greatly restrictive — but they are in place so the look and feel of the project is such that all members of the community feel proud of it.’’
Residents moving into the estate will have easy access to future sports fields, playgrounds and shopping centres planned for the Box Hill area.
Blocks will range in size from 306 sqm to 561 sqm and are priced from $450,000 to $650,000. Mr Hyder believes the estate offers an opportunity for first home buyers and upgraders looking to build their dream home in the suburb.
The original development, Halcyon Rise was sold off the plan before Council approvals were in place and as part of the acquisition of the development site, Legacy Property will rectify and finalise the approvals, lot sizes and numbers with Hills Shire Council, according to the company.
Box Hill Heights is one of a number of housing estates under construction in the former semirural suburb which is undergoing a massive transformation as part of the northwest growth corridor. It joins The Gables, Hills of Carmel, Albert Park, Parmount, Highgrove and Candlebark — some of which are starting to welcome their first residents.
The new housing has the advantage of being located close to both the future Sydney Metro Northwest and Riverstone train line. In addition it is just a short drive to Norwest Business Park and Rouse Hill Regional Park.
“I think the northwest has had significant appeal to families who are looking for detached homes because you have the shopping and great transport connections — the M7 is one of the more enjoyable roads to drive along in Sydney,’’ Mr Hyder said.
“The Rouse Hill Town Centre only seems to be doing better and better with time.
“The schools are newer in nature and more are to come as the community builds.’’
Box Hill Heights is the latest residential community by Legacy Property as it nears completion of its 600 lot masterplanned residential community in Sydney’s West, called Caddens Hill.