Augusta Properties drives another residential tower into Epping
It may not share the same ultra lofty ambitions as nearby Parramatta, yet Epping is nonetheless seeing a healthy influx of residential towers.
Latest on the scene is a slimline 21 storey Nettleton Tribe-designed project for 16-18 Cambridge Street. Augusta Properties Pty Ltd have applied on behalf of Just Properties Group for the permit which accounts for a 1,917 square metre site fronting railway infrastructure.
The $50 million build is seeking to slot into a currently low-rise setting, although that is set to change in years to come.
Six separate high-rise residential developments immediately surrounding 16-18 Cambridge Street have also been built or are also looking to become reality. Effectively a new high-density residential precinct would emerge should all of these towers come to fruition, with the tallest adjacent to 16-18 Cambridge Street spanning 29 storeys.
Whilst 16-18 Cambridge Street includes 84 apartments, the wider precinct could see thousands of new apartments once all developable sites are accounted for.
Epping's rise is predominantly centred around its railway station, with streets adjacent to Cambridge such as Oxford Street also flush with sizeable apartment developments. Notable developments include fellow Nettleton Tribe-designed project 44-48 Oxford Street which includes two residential towers whilst CBUS property is selling apartments within its Langston Place development.
That project includes over 450 apartments across three towers that span up to 29 levels.
16-18 Cambridge Street specifically sees a 75 metre podium and tower form above 3 basement levels accommodating 104 vehicles. In close proximity to Epping Railway Station, Nettleton Tribe's design also includes ground floor retail, 534 square metres of podium office space and a common room mid way up the tower.
As submitted the apartment yield consists of 35 single, 38 double and 11 triple bedroom apartments.
