Newmarket

The Young &amp; Fennelly apartment&nbsp;complex at Randwick, which launched in May, has hit 90 percent sold.

The Cbus Property-developed project comprises 116 one-, two- and three-bedroom residences across a seven-storey "New Deco”-style apartment building and terraces.

It sat at 40 percent sold in early June.&nbsp;

The complex sees completion due in mid 2023.

[smartcode_project:default project_id=100684 project_image_fid=164633]

Colliers Residential advised the update on the second stage of the Newmarket Randwick multi-stage master plan.&nbsp;

The sales have included one-bedrooms for $1.075 million to top-floor three-bedroom residences for $3 million with Bates Smart interiors.

The parkside residences are priced from $2,155,000.

[smartcode_project:default project_id=100684 project_image_fid=164634]

It is close to the cafes and restaurants of the retail and dining piazza, Newmarket Dining, which came in the first stages of the Newmarket Randwick masterplan.

There will be a residents’ communal rooftop space designed by Arcadia Landscape Architecture, with barbecue facilities.

The project takes its name from Fennelly St which pays tribute to Michael Fennelly, who bought the Newmarket property and built the Newmarket Big Stable building.&nbsp;

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Newmarket Randwick project has apartments that have been shaped by post COVID-19 lifestyle changes

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Cbus Property's Young & Fennelly Randwick sales hits 90 percent sold

Developers have seen an increased demand in residential and mixed-use developments that feature a unique offering that buyers may not find elsewhere.

There&#39;s a wave of new developments which border some of Australia&#39;s most popular racetracks. The residences, all part of a wider mini-masterplan community on the undeveloped land, deliver an amenity-rich lifestyle for owner-occupiers, and have discerning investors interested in the potential windfall rental income due to its location.

Urban takes a look at five projects located close-by or on some of the country&rsquo;s most well-known horse racing tracks.

1. Thomas Street, Moonee Ponds 
Developer: Hamton 
Two-bedroom apartments from $645,000

[smartcode_project:default project_id=103179 project_image_fid=167493]

Thomas Street residents will have access to a resort-like rooftop pool and deck that will overlook the city skyline and Moonee Valley Racecourse.

Situated in Moonee Ponds, the project unifies contemporary forms with a distinct design with timeless interiors by Mim Design and a natural palette.

[smartcode_project:default project_id=103179 project_image_fid=167471]

Designed by Rothelowman, other amenities on offer include a wellness sanctuary with outdoor deck and grassed area, Stonepine Square, an idyllic gathering place surrounded by shady pergolas and a dog wash station. &nbsp;

2. Feehan Row, Moonee Ponds 
Developer: Hamton 
Three-bedroom townhouses from $1,195,000

[smartcode_project:default project_id=102580 project_image_fid=167439]

Botanical green spaces form the cornerstone of Hamton&rsquo;s Feehan Row, with walking trails, sporting fields and green community spaces.

The development, part of the masterplan which also includes Thomas St,&nbsp;was inspired by the historic nature of the site, originally Feehan&rsquo;s Farm leased by W.S. Cox in 1992 for use as a racecourse.

Each home has an individualised entry that makes a statement, delivering a modern interpretation of a Victorian terrace, designed by Rothelowman and Tract Landscape Architects.

[smartcode_project:default project_id=102580 project_image_fid=167425]

&ldquo;We believe that residents will love living at Feehan Row because in addition to the timeless design of these homes, they can access a rich environment of amenities and parkland&rdquo;, said Rothelowman principal Chris Hayton.

3. Newmarket Residences, Randwick 
Developer: Cbus Property 
Floorplan available upon request

[smartcode_project:default project_id=7591 project_image_fid=77904]

At the centre of Sydney&rsquo;s horse racing culture, Newmarket Residences boasts two eight-storey apartment buildings that will sit above a vibrant retail plaza in Randwick.

Located at the site of the racing&rsquo;s Inglis family&rsquo;s Newmarket Stables, purchased in 1917, the development provides a direct pedestrian connection to the heritage stables.

Designed by Bates Smart, the homes and apartments boast considered details, indoor and outdoor living, classic tones and handcrafted finishes.

[smartcode_project:default project_id=7591 project_image_fid=77908]

The five-hectare site will include a playground, 5,000sqm of parkland, 2,300sqm of retail and 642 apartments and terraces.

4. The Ascot, Flemington 
Developer: Blue Earth Group 
Two-bedroom apartments from $639,000

[smartcode_project:default project_id=4739 project_image_fid=169154]

Just a short walk from the fabled Flemington Racecourse, the Ascot is a brand-new residence boasting 146 apartments across two buildings.

Boasting the best of a vibrant inner-city neighbourhood, the CHT Architects-designed project is full of historic charm and an array of high-quality amenities and services.

[smartcode_project:default project_id=4739 project_image_fid=169155]

The development features landscaped multi-purpose gardens, curated by Jack Merlo, and is located just four-kilometres away from the Melbourne CBD.

5. Ascot Green, Eagle Farm 
Developer: Mirvac 
[smartcode_project:default project_id=27556 project_image_fid=71309]

Having sold out the first two residential stages of their Ascot Green development flanking the Eagle Park Racecourse in Brisbane, the ASX-listed developer&nbsp;Mirvac&nbsp;has lodged plans for its third stage.

The third, subtropical-inspired apartment block will rise 14 levels with 111 apartments and a rooftop with panoramic city and track views. That will also feature a private dining room and lounge areas.

It will home the community&#39;s first four-bedroom apartments, as well as four integrated terraces with direct access to green open space fronting the racecourse.

Overlooking some of Australia’s best-known racecourses, these residences deliver an amenity-rich lifestyle for owner-occupiers and, for investors, the potential for holiday rentals.

Newmarket

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