Property ID : 25431
For Sale $975,000 - Apartment
V by Crown
Parramatta has always been a city with a vision and is often called Sydney’s next CBD. It is now the 6th biggest city in Australia and the 3rd largest economic zone in the country, with over 230,000sqm of retail space.
The city has a fast-growing population and an added daily influx of 120,000 workers, who commute from throughout greater Sydney to work at the growing number of major corporations and regional headquarters now situated here.
A mecca of prosperous renewal, Paramatta’s growth trajectory is still strong. The CBD is slated for a $2 billion overhaul, which will add even more homes, corporate facilities and public space to Parramatta, complementing the suite of rail and light rail networks to soon connect the growing city.
Designed by multi award-winning Allen Jack + Cottier architects, together with celebrated Japanese/Australian architect Koichi Takada, V by Crown will be a shining 27 level tower with unprecedented views across Sydneyʼs skyline and Parramattaʼs Heritage Parklands.
Comprising 430 apartments including executive studios and exclusive penthouses, 2,500 sqm of retail space including a high traffic outdoor forum, V by Crown will be a 21st century state-of-the-art community.
V by Crown will offer a mix of 1, 2 and 3 bedroom apartments, executive studios and exclusive penthouses. Features include stunning floor to ceiling glass, an external waterproof balcony, decorative sliding screen element to the bedroom, reverse cycle air conditioning and video intercom security system.
V by Crown’s shared resort facilities rival that of a five-star resort, with a private pool deck and wine room perfect for entertaining and a stunning 25m lap pool, integrated spa and sauna. Other luxury facilities include a fully equipped gymnasium, music room, conference and library facilities, landscaped resident gardens, gaming room and theatrette.
V by Crown will set a new standard for apartment inclusions. Kitchens will feature ceramic floor tiles, stone bench tops, imported stainless steel appliances, soft close laminate drawers and cupboards, glass splash back and LED cupboard lighting.
Bathrooms and toilets will feature ceramic floor and wall tiles, recessed mirror laminate wall cabinets, stone vanity top, lavish bathroom accessories and LED lighting. V by Crown offers two unique apartment finish schemes inspired by nature and the luxurious allure of a resort holiday.
Buying this property for investment?
Below is a snap-shot of the income and expenditure analysis for a property purchase of around $450,000. The investor would actually be in a cash-flow positive position (making around $40.00 per week) after Negative Gearing benefits are taken into consideration. The benefits will change based on your income, interest rates, loan term, depreciation, general property expenses and other market conditions.
Customise your calculation by using our Negative Gearing Tax Simulator – input your actual income and proposed purchase price. Please read the Disclaimer and Explanatory notes before use.
Negative Gearing Tax Simulator
- Price Range:: $498,000 - $990,000
- Configuration:: One and two bedrooms