Ellipse Property launch Atrium at Carrington Place, Castle Hill masterplan
Ellipse Property Group will launch sales of Atrium, the first stage of its $850 million Castle Hill masterplanned community, Carrington Place.
Atrium comprises 151 apartments in one mid-rise eight-storey building which forms the gateway to the Carrington Place precinct and offers rooftop recreational spaces with views over the whole of the development.
The precinct will also be home to over 20,000 sqm of recreational space including outdoor gyms and wellness areas as well as lush gardens, conceived by landscape architect, Site Image Landscape Architects, making it one of the greenest masterplanned communities in the Hills district.
The prime development site, which is the largest residential project in Castle Hill, spans around 3.2 hectares.
PRD Norwest Director David Inkster, who is managing sales for the project, says the team have seen a strong response from local downsizers, young families, first home purchasers and upgraders looking for larger-sized apartments.
“Atrium's multi-staged development is poised for consistent price increases, anticipated significant appreciation by the project's scheduled completion date Q3 2025," Inkster said.
“Apartments surrounding Metro Stations are predicted to outperform similar projects in neighbouring suburbs by up to 20 percent recent research has shown. As the premium suburb in the Hills District, Castle Hill is poised to see the lion’s share of that uplift."
Once completed, the masterplanned community, Carrington Place will comprise 771 apartments built across five, eight to 12-storey buildings.
Carrington Place Project Director Joe Chiha said the generously-sized apartments are designed to provide ample space for residents’ needs and offer a level of comfort and luxury unrivalled in Castle Hill.
The buildings have been sensitively designed by Tony Owen Partners and Stanisic Architects to immerse with its surrounding natural landscapes while complementing the curve of the tranquil Cattai Creek which runs along the western border of the development.
A key feature of the project will be a one-kilometre boardwalk running the length of the Cattai Creek connecting to Fred Caterson Reserve, a 58-hectare local reserve featuring picnic tables, children’s playgrounds, along with multiple sports facilities.
Ellipse Property Associate Director Puja Khanna said Carrington Place is envisioned as a multi-staged urban village with a strong connection to nature, prioritizing lifestyle, sustainability, and community.
"The project seamlessly blends with the surrounding nature and aims to become one of Sydney's most sustainable urban communities," Khanna said.
Castle Hill residents are currently witnessing the gradual and dramatic transformation of the popular Hills suburb into a modern, cosmopolitan and dynamic urban centre.
The Hills Shire Council has a 30-year vision for the redevelopment and revitalisation of the Castle Hill Showground Precinct, located directly opposite the Carrington Place project, planned to create a new 15-hectare entertainment and recreation hub including a variety of community, arts, sporting and leisure activities.
The Showground site will become the primary civic space for a new precinct of the future local Hills communities. Located directly opposite The Hills Showground Metro Station, residents of Carrington Place will have access to Sydney’s CBD, Chatswood, North Sydney, Macquarie Park and Norwest Business Park. With trains operating every four minutes in peak hour in each direction, residents are offered the highest convenience on Australia’s first driverless railway.
Construction is planned to commence before Christmas later this year with Stage One Atrium due for completion in Q3 2025. The entire five-stage precinct is due for completion in 2032.