Combine that with easy-to-navigate streets, a comprehensive and reliable network of bus and train connections and a broad range of local amenities and it’s not surprising to see why more and more Sydney-siders are drawn to this area.
Croydon is 11 kilometres west of Sydney’s CBD and bounded by Parramatta Road to the north, Iron Cove Creek to the east, Arthur Street to the south and a range of streets to the west. There are a number of green spaces dotted within the area as well as bays – such as Kings and Canada bays – in which to get the heart pumping as you enjoy a morning run or walk.
Within this landscape, a new development – the Chelsea Croydon – is under way. Located at 13-17 Grosvenor Street and 12-16 Boundary Street – and expected to be completed by late 2018 – it is attracting a great deal of interest in this tightly held suburb.
Ben Stewart director of CBRE Residential Projects, says Croydon is an established residential area that is growing in appeal. “Transport, shopping and schools are all appealing to people wanting to move here,” he says. “While the development is likely to attract owner-occupiers it will also attract astute investors who want to invest in an owner-occupier building.”
The Chelsea Croydon comprises 89 apartments of between 1-3 bedrooms, all with parking. There are also a number of generous-sized one-plus-study apartments that can be used as two-bedroom homes.
“One of the reasons the Chelsea Croydon is attracting interest is that there is a very limited supply of housing in Croydon,” Stewart says. “There have been no new developments built here for at least 10 years and existing properties are very tightly held.”
Damien Kiley managing director of Platform Project Services, which is project managing the development, says growing families are attracted to the suburb for the schools as well as the amenities, which include the Ashfield Aquatic Centre and a number of sporting and playing fields.
“It is a very convenient location,” he says. “It is not as well known as some of the surrounding suburbs but this brings with it a number of other benefits. Croydon is also located between the commercial centres of Ashfield and Burwood and the nearby Westfield shopping centre does away with the need to go into the CBD for the latest retail outlets.”
Kiley says a key benefit of the Chelsea Croydon is its proximity to local amenities, particularly the cafes. “It’s not quite an eat street on its doorstep but it’s definitely a café street,” he says.
Coffee lovers can stroll to a number of excellent cafes such as Kafe Altura or Café on Strand and there’s a wide choice of restaurants that excel in a range of cuisines.
Croydon offers significant green spaces and these are reflected within the development as well as on the rooftop terrace where city skylines can be enjoyed with friends and neighbours.
“The terrace will be a place to meet up to enjoy the view and surrounds before heading out for the evening,” Kiley says. “It is likely that it will be used as a retreat space more than as an entertainment area.”
There is no pool or gym planned for the development, which Kiley says will keep down the levy fees, but there is a community room and an outside barbecue area. He adds it will be the liveability of the individual residences that will be most appreciated by residents, with all apartments very well proportioned compared with many in the inner west area.
“They offer generous-sized balconies and plenty of well-designed living spaces,” he says. “A number of the two-bedroom ones have studies so there are some larger dwellings that cater to young or new families as people transition from smaller apartments to the inner west market.”
For more information contact CBRE on 1800 662 590 or visit chelseacroydon.com.au
The Chelsea Croydon display suite is open Saturday, Sunday and Wednesday from 1pm-4pm at 17 Grosvenor St, Croydon