A popular pocket of western Sydney is earmarked for an infrastructure boom — and a boutique unit building will soon sprout in the city centre.
At the heart of several Penrith Council strategies for improving the region, St Marys is a suburb in the midst of transformation.
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Not only has its oldest shopping strip along Queen St been given a facelift, the area is set to become the starting point for stage one of the State Government’s billion-dollar North-South Rail Link, which would provide a transport connection to the new airport at Badgerys Creek.
Off the back of local and state plans to deliver more housing options in the area, Queen St will see its skyline rise thanks to a new unit project.
A seven-storey building named Marigold on Queen will house 34 contemporary apartments, priced from $370,000 for one-bedders to $580,000 for a three-bedroom unit.
Construction is due to start on the Tricon development in April.
“This is the first one to go up in Queen St. We held a function with the local business community last week and they were all very excited because this is a stunning building that will reshape the main road,” sales manager Peter Kalaf told The Daily Telegraph.
“Marigold is a flower and this project is all about a new boom that is happening in Queen St … St Marys will change dramatically over the next 10 years,” Mr Kalaf said.
About 800m from the station and near cafes and shops, the building will have a rooftop terrace with Blue Mountains views.
The units will feature floor-to-ceiling windows, European appliances, airconditioning and balconies while the complex will have security cameras, lifts and basement parking.
There will also be retail on the ground and first floors.
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Mr Kalaf said since launching three weeks ago he had taken five deposits, mostly from first home buyers.
“They are very local buyers, coming from areas like Penrith, Rooty Hill and Blacktown,” he said.
Go to marigoldonqueen.com.au to find out more about the project.