Royal Shores, Ermington secures strong stage one sales

Strong weekend sales were made at the Royal Shores, a $450 million estate being developed by PAYCE and Sekisui House on a portion of the former Defence Housing Australia (DHA) site.

More than 170 groups had paid $5,000 to register ahead of the Royal Shores launch at Ermington.

Most of the 178 apartments put to market had sold by midday on Saturday in the first two waterfront buildings. Called Safari, the twin six-level buildings cater for apartments ranging from one bedroom up to four bedrooms.

There are:

• one-bedroom apartments (up to 89sqm) from $599,000
• two-bedroom apartments (up to 170sqm) from $726,000
• three-bedroom apartments (138sqm)-from $1.184 million, and
• four-bedroom apartments (182sqm) from $1.431 million

They will form part of a bigger 612 unit project to be finished by the end of 2016.

There were just the two three-bedders, both 138sqm. There were many two bedders, ranging from 91 to 170sqm. The really large two-bedders have this 'all seasons' room which is an indoor-outdoor room.

The site is 19 kilometres from the CBD, and drawing on the site’s rich maritime history, architects HDR Rice Daubney designed buildings with pitched sawtooth roofs and white-painted brick facades.

Link’s sales director Rhys Morgan believes Ermington will quickly become one of Sydney’s more exclusive riverfront suburbs for new apartments.

“It is on the water, surrounded by beautiful parklands, serviced by well-developed infrastructure, with the nation’s finest sporting and entertainment venues of Sydney Olympic Park just across the way.

“Ermington is also well served by schools and universities, and shopping centres, including Westfield Parramatta, Rhodes and Top Ryde."

Royal Shores when completed by the end of 2016 it will comprise 612 apartments in nine separate buildings of up to eight storeys. 

Both PAYCE and Sekisui House have a track record of creating waterfront communities, revitalising Homebush Bay into Wentworth Point. 

Since 1978 the publicly-listed Australian property developer has transformed sites including The Waterfront at Wentworth Point.

Sekisui House, one of Japan’s largest home builders, have undertaken major residential developments including The Address at Wentworth Point.

Royal Shores is at 1 Bundarra Street, Ermington.