The prime Eastern Suburbs location of The Grand Residences, Eastlakes
The Sydney suburb Eastlakes, a gateway to Australia’s most sought-after region for real estate, often gets overlooked by some of its more well-known Eastern Suburbs and inner-east neighbours.
In recent years however, the suburb has undergone a huge transformation, led by Crown Group who identified Eastlakes as the perfect place to develop a $1 billion mixed-use precinct.
They completed the first stage of the precinct at the start of 2022, winning the Urban Taskforce Australia Development Excellence Awards in the Mixed-Use Development category the same year, one of the most prestigious awards a development can get in Australia.
Now, following the provisional liquidation of Crown Group late last year, the final apartments remaining in the first stage, known as The Grand Residences Eastlakes, have been released to the market, at a price point unheard of in the Eastern Suburbs. Furthermore, every apartment at The Grand Residences has at least one parking space.
Both the price point and the position of The Grand Residences Eastlakes will be difficult to replicate given the soaring costs of building since the pandemic, as well as the boom in real estate values in Sydney’s East.
Residents of The Grand Residences Eastlakes will find themselves in the heart of the suburb, providing easy access to a wide range of amenities to suit all lifestyles. It’s surrounded by parks, golf courses, beaches, sports facilities, top schools and universities, and is a short commute to the Sydney CBD. Eastlakes' connectivity is enhanced by easy access to major roadways like the Eastern Distributor Motorway and the Sydney Bus Network, which connects to extensive light rail, train, and metro services.
The Grand Residences Eastlakes is surrounded by four premier golf courses and multiple community parklands. To the north across Gardeners Road is The Australian Golf Club, while to the east across Southern Cross Drive are Eastlakes Golf Club, The Lakes Golf Club, and Bonnie Doon Golf Club.
Reserves like Bridget Tight and Jack Mundey Reserve are just a short three-minute walk away, with larger parks like Astrolabe Park accessible within a three-minute drive.
Large stretches of parkland, golf courses and green spaces surrounding The Grand Residences Eastlakes are complemented with a short trip to world-renowned beaches like Coogee, Bronte, and Bondi, as well as the City of Sydney’s new Gunyama Park Aquatic and Recreation Centre.
The Grand Residences Eastlakes also benefits from easy access to vibrant suburbs like Waterloo, Zetland, Surry Hills, and Alexandria, offering residents a variety of excellent retail, eateries, and cafes, including popular spots like Three Blue Ducks, Black Star Pastry, Gelato Messina, and Da Mario in Rosebery, all within a 10-minute drive.
There is also the highly-rated Common Cafe and Go Go Gozleme at The Eastlakes Shopping Centre just a stone’s throw from the apartments, while Westfield Eastgardens, home to Woolworths, Coles, Myer and Kmart among a further 200 other retailers and several more restaurants and cafes, is only a nine-minute drive from The Grand Residences.
Families are also well catered for at The Grand Residences Eastlakes. From its privileged position, the development is only within a 10-minute drive to Eastlakes Public School, St Therese Catholic Primary School, JJ Cahill Memorial High School, and highly-ranked high schools like Sydney Girls High School and Sydney Boys High School.
Since the apartments have been released to market through McGrath Projects and Crown Property Agency, there has been a diverse range of buyers, from first home buyers to investors and upsizers.
