Sydney Park’s newest neighbours: Princeton unveils new terrace collection, Sydney Park Terraces
Sydney Park is the go-to park for those living in inner-city Sydney.
The dog-friendly, 41-hectare park, on the border of St Peters, Newtown, Erskineville and Alexandria, is one of the largest parks in the Sydney metropolitan area, home to a breakfast kiosk, kids playground, and a skate park, as well as extensive walking paths.
Three of its four sides are either occupied by apartments or industrial buildings facing either Princes Highway, Sydney Park Road, or Euston Road.
There’s one small pocket at the south west corner of the park, Barwon Park Road, which is the only true residential street. The short 400-metre street, which falls into the suburb of St Peters, is only home to less than 100 dwellings, most of which are apartments in three low-rise complexes.
In May 2023, burgeoning developer Princeton picked up a 758 sqm site on the rarely traded street. They demolished the original warehouse before commissioning Environa Studio to craft Sydney Park Terraces, eight high-end terraces, four facing the park, and four fronting the adjacent Crown Street.
For the past 18 months, 3.5 Gold Star iCIRT-rated builder Coplex has been constructing the four-level terraces. The design is inspired by traditional terraces but without the maintenance challenges of older homes, some of which in this area date back more than a century.
The modern design adapts to the needs of 21st-century living, with each terrace featuring a lock-up garage—a rare but essential amenity in inner-city areas. The garage, capable of fitting two cars side by side, is located on the first level of the home.
Environa Studio, led by Tone Wheeler, focused on open-plan layouts to optimize space and natural light. The ground floor features a spacious kitchen, living, and dining area that opens onto a private landscaped garden. On the second level, two of the three bedrooms are located, while the master retreat, with a walk-in wardrobe and ensuite, spans the entire top floor. Each bedroom opens onto its own balcony.
In addition to the park’s proximity, residents of Sydney Park Terraces will be within easy reach of all the inner west has to offer. St Peters Station is just 500 metres away, only three stops from Central Station in Surry Hills.
Just beyond the train station is the vibrant King Street, known for its bustling nightlife, cafes, and restaurants. In the opposite direction, the Marrickville Metro shopping centre offers over 190 stores, including Woolworths, Coles, and Kmart, as well as various dining options.
Sydney Park Terraces offers a rare opportunity to purchase a brand-new townhouse in an inner-city area predominantly made up of older homes. As the cost of land in parkside locations in the inner west continues to rise, opportunities like this are becoming increasingly rare.
The opportunity to own something like Sydney Park Terraces in this area might not come around again.
