Roseville penthouse attracts suburb’s highest apartment sale price in over two years

Roseville penthouse attracts suburb’s highest apartment sale price in over two years
Staff reporterSeptember 14, 2017

The final penthouse at luxury Roseville development, The Uptown, a joint venture between Chinese developers CWG Development and Longton Capital, has achieved the highest apartment sale price in the suburb for nearly two and a half years.

The $1.845 million sale saw a local North Shore buyer snap up the three-bedroom, three-bathroom fourth-floor penthouse residence.

Located at 1-31 Victoria St, Roseville, The Uptown is a medium-density development comprising 220 apartments across six buildings set on 1.3 hectares.

The sale confirms the ongoing interest from local owner-occupiers in The Uptown, according to Winnie Pi, Executive Director of Longton Capital.

“With its location in Roseville, The Uptown is close to many great north shore schools, in Chatswood, Roseville, Lindfield and Pymble, and this has been a key motivator for buyers in the area,” she said.

“In addition, the fact that The Uptown is located right near Roseville train station, and only one stop from Chatswood for shopping and dining, means it is perfectly situated for a range of owner-occupier buyers.”

The penthoused featured a raised ceiling section called The Clerestory, which gives an added feeling of space.

“With heights ranging from approximately 3100mm to 3400mm, these raised ceilings set the penthouses apart and make them a highly sought-after option for buyers seeking something extra.”

Jennifer Loh, Head of Sales & Marketing for CWG Development, said buyers could secure the remaining 10 apartments ahead of the project’s pending delivery date in November.

Of the remaining apartments at The Uptown, one-bedroom plus study configurations are available from $860,000, while two bedrooms start from $1,210,000.

The project was designed by MD+A Architects and with interiors by Archer + Wright.

The Uptown will be set within lush landscaped gardens designed by 360 Degrees Landscape Architects.

To find out more about The Uptown, please call 1300 88 99 03 or visit theuptown.com.au.

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