Sep 07 2018Add to Favorites
Photographer Billy Plummer has partnered with Teneo’s project team, to contribute his work to Teneo’s ‘Dreams of Alexandria’ presentation and transform the display suite into a creative experience not to be missed.
While there, visitors can also experience Teneo’s rooftop gardens via a time-lapse video projection of the Sydney skyline, and witness the panoramic view as day transforms into night. The display suite also includes a replica layout of the project’s rooftop garden designs, with real plants, seating and lighting – as well as CGI renders of the development.
Teneo presents an opportunity to live in Alexandria, an inner-city suburb that has shed its industrial past and become one of Sydney’s most coveted addresses. Find out more HERE
The transformation can be measured by the variety of repurposed warehouses that exist in the area, as well as quirky stores, trendy bars and hip eateries. Only 4km south of Sydney’s CBD, Alexandria is home to people at all different stages of life. From young professionals to retirees, couples to families, the suburb fosters a community of like-minded neighbours who like to eat, drink, and experience new things.
At the suburb’s centre, Teneo’s beautifully designed apartments present a unique opportunity to gain a new residential address in this sought-after suburb.
Each apartment has been carefully curated to maximise ceiling height, floor space and light. Oak flooring lends warmth to living spaces while open-plan kitchens demonstrate a blend of practicality and visual appeal. Meanwhile, bathrooms are the definition of luxury with top quality fittings and contemporary finishes of porcelain tiles, recessed lighting and designer tapware.
Shared spaces include two communal rooftop lounges and a central landscaped garden, all of which are spaces where residents can gather, relax or entertain while enjoying stunning views or natural surrounds.
This collection of contemporary apartments and terraces lies moments from Sydney’s beaches and is serviced by frequent buses and fast train connections from Green Square railway station.
The current investment landscape in Australia is driven by a range of factors, not least the 2019 federal election, and the view is that the result of the Wentworth by-election, a seat that has historically been monopolised by the Liberal Party, will be the foreshadowing of the federal outcome. The Australian equities market is experiencing volatility, with a 200 point drop last week in the S&P ASX index, the largest drop this year and potentially the result of sentiment surrounding geopolitical headwinds with the latest developments relating to the trade war between the USA and China. Global bond rates remain low, and despite incremental increases, interest rates are too low to be attractive from an investment perspective.
In an ongoing low-interest rate environment on savings and with banks withdrawing from property and construction financing, investment groups like Centennial Property Group are seeing value in providing first mortgage funding for property development, recently settling a $48m loan for a mixed-use retail/residential development in Sans Souci, NSW
With the combined influences of a cooling residential property market and heightened bank scrutiny on all aspects of real estate lending, traditional debt sources are, in many cases, closed to developers and commercial real estate investors, particularly where circumstances require a specific funding solution.
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