Location
Location Penrith is appreciated for its location between the hustle and bustle of Sydney and the tranquillity of the Blue Mountains – providing the best of both worlds for the community. The Nepean River runs through the heart of the city and is beloved by many for the opportunity it provides to live, work and play near the water. Home on High is situated on the edge of Penrith CBD and will offer its residents excellent access to all local amenities including a multitude of shopping, dining and entertainment opportunities.
Location
1. Panthers Entertainment
2. Sportsbet Stadium
3. Westfield Shopping Centre
4. Penrith Train Station
5. Penrith High (Selective High School)
6. Nepean Hospital Precinct
7. Kingswood Train Station
8. Western Sydney University
Transport Sydney CBD can be easily reached in 50 minutes by rail or car. With the new Western Sydney Airport, extensive road improvements and a station upgrade also on the way the area is set to be even better connected in future. Western Sydney Infrastructure Plan. is a 10 year, $3.6 billion road investment program which is now underway. The plan includes:
Upgrading the Northern Road Construction a new M12 Motorway Upgrading Bringelly Road Building the Werrington Arterial Road A $200million package for local roads upgrades
Penrith Station Upgrade – Artist Impression
Employment Penrith is a city primed for growth, much of which will be driven by increasing employment opportunities. Sydney Science Park, the expansion of the health and education precincts, Werrington Corporate Centre and the construction of Western Sydney airport are set to create more than 57,000 new jobs over the next 20 years.
Werrington Park Corporate Centre – Artist Impression
Education Wester Sydney Unviersity’s Penrith campus includes sites at Kingswood, Werrington North and Werrington South. Many families choose to move to Penrith for excellent schooling options. Penrith High School in particular is a highly regarded, selective institution situated a mere 200m from Home on High.
Eating and drinking Penrith boasts a smorgasboard of dining options to cater to every appetite; Thai, Indian, Mexican, Cuban, Italian, Spanish, Japanese – you can travel the globe! A growing cafÊ culture provides a great selection for coffee, cakes and lunch, Henri Marc, High Street Depot and the Waffle Co are firm favourites. Panthers World of Entertainment also remains ever popular, boasting ten restaurants and six bars,
Recreation & Culture Penrith has a growing reputation as the Adventure Capital of Sydney; between the International Regatta Centre, iFly Downunder, Cables Wakeboard Park, White Water Stadium, Jet 737 and more, there’s no end of thrilling activities to keep things exciting. Sports fans can follow the Penrith Panthers, or participate with one of the many local amateur teams. For those who prefer their activities more sedate they can indulge in performances at Joan Sutherland Performing Arts Centre, exhibitions at Penrith Regional Gallery, or attend one of the many free concerts, markets and events organised by Penrith City Council. The Nepean River, Penrith Lakes Scheme and proximity to the Blue Mountains also provides ample escapism for those wanting to get close to nature.
Architecture
Home on High Home on High is a unique offering of 2 & 3 bedroom apartments on Penrith’s High Street. These architecturally designed apartments offer a spacious open plan design with living areas opening on to outdoor entertainment spaces. Finished with the highest quality inclusions, no expense has been spared in finishing these apartments; LED down lights, stone bench tops, handle-less doors, aluminium balustrades, glass finishes, full stainless steel appliances and natural gas to all apartments. .
Heart of the action
aspect one offers a big and bold High Street address
Statement architecture
a quieter, residential streetscape from aspect two
Private oasis
landscaped courtyard provides a private resident’s retreat
Light and bright
open plan living that flows seamlessly
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Inclusions
Schedule of Finishes Home on High provides a unique offering of 31 apartment types over six levels and two buildings. Our high quality, neutral finishes will complement your personal style. . .
Schedule of Finishes
Kitchen: Caesar Stone bench top
External Finish: Acrylic painted Hebel/Render/Clad/Colourbond Aluminium Roof colourbond sheeting Powder coated aluminum windows and sliding doors with glazing Tiled Balconies and Gas Bayonet Point Reinforced concrete slab Pre-finished zincalume gutters and down pipes
Ceramic tile splash back Ceramic floor tiles 1/4
1
bowl stainless steel sink
Chrome mixer tap Under bench oven, stainless steel Gas Cook top, stainless steel Stainless Steel rangehood Bathroom and Ensuite:
Common Property:
Walls ceramic tiles and floor
Concrete.
White vanity with chrome furniture
Intercom entry security control system
White acrylic bath tub
Security Remote control doors to carpark entry/exit
Colour bond fencing to boundary
Powder coated aluminium letter box Tiled and carpet entry to lobby
Silver aluminum framed shower screen and clear glass Dual flush toilets Chrome tap-ware and accessories Bedrooms:
Interior:
Bedroom 1 to have fitted shelf/drawer unit with hanging rail and mirrored sliding doors.
Painted Gybrock / Hebel walls
Bedroom 2 to have mirrored sliding doors with hanging rail, Bedroom 3 (if applicable)
Plaster set or Gyprock ceilings and painted
mirrored sliding doors with hanging rail
Doors, Entry– timber faced fire door in steel frame and painted. Internal in steel or timber
Carpet floors
frame and painted. Door – furniture chrome Gas hot water system to each unit; Gas Bayonet in Living area Floor to be finished with quality grade carpet TV outlets provided to TV antenna; in living area & in main bedroom Two Telephone outlets provided; in living and main bedroom Security intercom system provided to each apartment Selected surface mounted light fittings Fly screens provided to all windows and sliding doors Smoke Detector
Laundry: Ceramic floor tiles and skirting Ceramic tile splash back Tub and cabinet with by-pass Dryer Car Park:& Store Room
Vertical blinds to windows and sliding doors except bathroom
Remote entry door to Security Carspace.
Split system reverse cycle A/C
Storage space will be provided for each unit
Financials
Investment information
$9.1 billion
69,000 new jobs 12,000 new jobs at Sydney Science Park
in major local investment
12,000 new jobs at the Penrith Health and Education Precinct
$3billion investment capital in pipeline projects
35,000 jobs created by Badgerys Creek airport
$3.6billion Western Sydney Infrastructure Package
10,000 jobs created by WestConnex Motorway
$2.5billion in Sydney Science Park
4.7% average unit rental yield Above the Sydney metro average of 4.3%
15 days Average time on market for an apartment sale in Penrith, Q4 2015
46.9% population increase by 2031 Up from 184,723 in 2011 to 271,000 in 2031
3 University Sites 72 schools $7.6 billion GRP Western Sydney University campuses at Kingswood, Werrington North & Werrington South
37 primary schools 22 High Schools
Gross Regional Product increased by 20.9% between 2001 and 2014
3 Specialist Schools
Accessed January 2016: http://pba.com.au/penrith-health-education-precinct/, http://www.celestino.net.au/our-developments http://www.westconnex.com.au/about/employment_opportunities.html Western Sydney Airport to Deliver Jobs and Infrastructure, Media Release Ministry for Infrastructure and Regional Development April 2015 Penrith Progression PRDnationwide Penrith Q4 Report, Oct 2015
Investment Information Home on High is located in the heart of some of the region’s major infrastructure projects, educational facilities and transport links. These apartments will be in long term demand as 69,000 jobs are created over the next 20 years. Penrith Health and Education Precinct Economic Attributes
Economic catchment of 500,000 attracting people from Sydney to Central Western NSW. Identified as a Regional River City in the Sydney Metropolitan Strategy. Vision to create 40,000 new jobs by 2036, with 10,000 additional jobs in Penrith’s CBD. Health and Education Precinct aims to create 12,000 additional health and education jobs by 2036.
Living
Approximately 120 childcare and education centres available 40 of which are run by Penrith City Council. Both public and private schools with approximately 51 primary and 19 high schools located within easy access of all residential settlements. Exceptional healthcare services including Nepean Private Hospital and the Nepean Hospital which is currently undergoing major redevelopment .
Recreation
Popular lifestyle destination supported by Panthers Penrith, Penrith Lakes and the Nepean River. Major sporting facilities including the Sydney International Regatta Centre and Penrith Whitewater Stadium which are part of the Sydney 2000 Olympic legacy. Renowned cultural facilities such as the Joan Sutherland Performing Arts Centre. Major shopping centres including Westfield Penrith (home to over 300 shops) and Centro Nepean Shopping Centre.
The Penrith Health and Education Precinct (PHEP) which has been formally endorsed by the NSW Department of Premier and Cabinet. PHEP’s objective is to “... become one of Australia’s premier destinations for health, education, medical
research and related industry over the next ten years”.
Investment and Employment
$2.5billion investment in Sydney Science Park
Over $1.5 billion of investment across more than 20 projects are already proposed in the Penrith Health and Education Precinct
The WestConnex motorway — jointly funded by the federal and state governments — is also estimated to create a further 10,000 jobs for Western Sydney.
Dunheved Business Park which employs over 4300 people and is currently undergoing significant revitalisation.
$30 million Werrington Park Corporate Centre, which will form part of a mooted 58 hectare multimillion-dollar Business Park Precinct in the region, will feature a three-storey, five-star Green Star building comprising 5,500sqm of commercial office space
Growth
46.9% population increase forecast, from 184,723 in 2011 to 271,000 in 2031
29% increase in number of dwellings forecast from 65,444 in 2011 to 85,000 in 2031
Average income rose by 22% between 2006 and 2011
Depreciation Schedule
Team
Developers Devcon Partners Devcon is a family owned and operated business. The partnership has a combined experience of over 30 years in the development industry. The partnership specialises in apartment blocks and in the last fourteen years has completed fifteen projects, thirteen of them in the Penrith district along with Homebush West & Northmead. Combining them together accumulates to over 300 apartments built to date, with over 200 apartments in the near future. Our mission is to set higher standards in the quality of workmanship and finishes for each project.
The builder is a Director of the company who takes absolute pride in the workmanship he delivers and he is on the site from start to finish
Developers Astina Group Astina Group is an Australian owned leading property group –active in property development, investment and building management. Established in humble beings 35 years ago we have grown and diversified into a market leader. The success in both the commercial and residential property market stems from expertise of 3 generations of building experience. We have ridden the market waves of highs and lows which has given us the ability to analyze and act on opportunities in the market place as they present themselves.
The success in both the commercial and residential property market stems from expertise of 3 generations of building experience.
Previous work Dent Street
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