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ISSUE 4 | November 2020 Parramatta’s Premier PROPERTY GUIDE

NEXT PLACE Sell it, List it FASTER

Denita Wawn. Apoartments VS houses: research shows strong growth in both areas. New spike in home sales

Surprise research shows apartment interest soaring

 DALLAS SHERRINGHAM

WHILE the dream of building a home on a ‘quarter acre block’ remains a strong driver in home buying, new research shows that many people are happy to move into an apartment or unit.

A report by the Master Builders Association revealed the number of building approvals for new homes jumped by 15.4% in seasonally-adjusted terms thanks to the continued success of the Federal Government’s HomeBuilder scheme.

CEO of Master Builders Australia Denita Wawn announced details of the report and said during September, there was a 9.7% increase in private sector detached house approvals.

“Approvals for apartments and units did even better, jumping by 23.4% up from August,” she said.

“These positive fi gures are mirrored by lending data showing a 25.3% surge in the number of loans to owner occupiers for new home construction,” Ms Wawn said.

“Even prior to the start of the Covid-19 crisis, new home building activity in Australia had been in the advanced stages of downturn.

The Federal government turned that around dramatically.

“The introduction of HomeBuilder has certainly turned things around. Approvals for new detached houses are now 20.7% up on this time last year,” she said.

“The recovery in residential building will benefi t the whole economy. Every $M in residential building activity supports nine jobs right around our economy,” Ms Wawn said.

“The upturn generated by HomeBuilder is helping claw back some of the jobs lost as a result of the pandemic,” she said.

“Extending HomeBuilder until the end

of 2021 will maximise the benefi ts of the scheme will be fully maximized.

“It will mean the renewed momentum in the housing market to reach its full potential over the course of next year and provide even more benefi ts to our whole economy in terms of restoring employment,” Ms Wawn said.

As the fi rst woman appointed CEO of Master Builders Australia in 120 years, she is encouraging more women into the building and construction industry.

Master Builders Australia marked the last International Women’s Day by announcing Ms Wawn as its new chief executive and voice for the 32,000 - mostly male - workers in the $200M building and construction industry.

Ms Wawn, who spent 14 months as the industry group’s operations manager, previously headed Brewers Association of Australia and New Zealand and has held senior roles at the Australian Hotels Association and National Farmers’ Federation.

767A-769 MERRYLANDS ROAD, GREYSTANES $6,500,000 - 2 LARGE BLOCKS SIDE BY SIDE

Its rare to find this sized lot in this part of Western Sydney. Vendors site is made up of two neighboring properties with a house on each, are committed to sell if the right offer is tabled. Sale is by way of Ex- the sale is for both and will not be split. pression of Interest meaning that once you have done your prelim- Zoned R2 low density. Site inspections, inary inspections you will put your best offer forward in writing. The contact Tony Zorzo on 0414 694 338

SILVERWATER

• This property provides a well positioned location in Silverwater, quick access to Silverwater Rd, Parramatta Rd & M4 Motorway. • Modern warehouse with good internal clearances via one (1) roller shutter door, office fit-out with meeting room, first floor office is carpeted, air-conditioned & staff amenities. • Roller door width 4m & height 5.10m • Warehouse minimum height 5.83m & maximum 6.67m. • Clear span warehouse, secure complex & secure on-site basement parking for 2 cars. • Sale price exc GST • Lease in place to 2023

SILVERWATER

• This property provides a well positioned location in Silverwater, quick access to Silverwater Rd, Parramatta Rd & M4 Motorway. • Modern warehouse with good internal clearances via one (1) roller shutter door, office fit-out with meeting room, first floor office is carpeted, air-conditioned & staff amenities. • Roller door width 4m & height 5.10m • Warehouse minimum height 5.83m & maximum 6.67m. • Clear span warehouse, secure complex & parking for 4 cars. • Sale price exc GST • Leased until 2021

WENTWORTH POINT

Situated within Sydney Olympic Parks Pierside Shopping Centre. Moments away from Wentworth Point Public School, walking distance to Olympic Park Wharf and within close proximity to Silverwater Road & M4 Motorways. With great exposure to passing foot & road traffic and within the hub of multiple high end residential apartment blocks as well as cafes, restaurants, medical and many more facilities. Features of this property include: • Currently leased with a 5 year lease and a 5 year option to renew which commenced April 2018 • Currently leased to T Dumplings returning $80,000p/a(gross) • Modern design built in 2018

• Basement car space

NEWINGTON

High quality office space located in this exciting Technology Park. Walking distance to Newington Marketplace with cafes, restaurants, Woolworth's and banking facilities. This unit offers showroom, office and storage with ground and mezzanine levels that are fully carpeted, ducted air-conditioning, alarmed staff amenities and kitchenette. First floor includes separate server room, kitchen, blinds, curtains & double doors out to balcony. Front door access, plus one bi-fold glass panel door. Parking on-site for three (3) cars with two (2) being covered. Property has 24 hour on-site security. Listed sale price excludes GST. The area advertised is the approximate gross lettable area (GLA). Available now.

www.peterhanzis.com.au

Industrial & Commercial Real Estate Specialist

With well over 20 years of experience in prime and secondary property across Sydney’s Central West, North West and West, I have sold and leased millions of dollars’ worth of properties.

I’m able to apply my knowledge to assist and source the best property solutions / lease for my clients across vari estate and get the job done; however, the process is also very important. My unique customer service approach cannot be matched by my competitors. It is an extremely rewarding feeling to know that most of my clients are word of mouth recommendations. This shows I’ve provided my clients the service and delivered what they expect. Just like having your own real estate concierge.

Peter Hanzis Real Estate.

About Me

Peter Hanzis Real Estate is an independently owned and operated boutique agency specialising in sales, leasing, project marketing, subdivisions, pre leases, pre sales, land sales & disposition. When you select Peter Hanzis Real Estate, you get an experienced partner who integrates your goals and business requirements, with my comprehensive knowledge of every aspect of the Industrial and Commercial marketplace such as Silverwater and many other suburbs. I strive to bring the wealth of my experience to every situation and pride myself on creating the most innovative approach, to achieve my client’s objectives and maximise their success.

My Services

At Peter Hanzis Real Estate my main area of expertise includes: • Sales, Investment Sales • Leasing, Subleasing, Assignment of Lease • Land Subdivisions • Space Planning & Location Analysis • Mortgagee Sales, Disposition • Project Marketing • Market Appraisals

Should you require any property assistance relating to the above please contact me.

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