Lifestyles in Sydney are changing and in the city where housing is in short supply more people are choosing to live in apartments without compromising on luxury. Instead of renovating an old house on 600m2 block, buyers are choosing a prestige house-like proportioned apartment of 300m2 where every modern inclusion is at their fingertips. These apartments are designed with space, light and ventilation in mind, conveniently located close to amenities, shops and transport.
Recently Beach & Bay Realty had the opportunity to launch the Drift Apartments at 10-12 Gerrale Street, Cronulla. A Sammut Development that was completed in January 2010. Local residents of Sutherland Shire, The Sammut family are high regarded developers. This boutique development of 11 exclusive apartments has set a new benchmark in Cronulla and is on par with the most prestige developments Sydney-wide. Located in the hub of Cronulla, across the road from local cafes and restaurants this is truly a lifestyle building.
With 2 apartments per floor, 300m2 approx floorplans, triple side by side garaging, enormous decks, movie rooms these apartments are not your average unit. Some of the new residents have already moved in and you only have to ask them how they are enjoying it to get a feel for the lifestyle change that comes from living in Drift.
“It has transformed our way of life”
“Friends love to come and visit and they whinge about mowing lawns – they get no sympathy from us”
“Oh we are trying to balance the midnight gelato dash with longer walks on The Esplanade so we don’t get fat”
“We can’t believe we didn’t do this sooner”
The problem now is that the idea of living in an apartment and having a low maintenance luxurious lifestyle (think wine fridge, Smart Home lighting & blinds, heated flooring) has taken off and demand is outstripping supply.This shortage of supply is set to continue if the statistics are anything to go by. Recently in the SMH article ‘When the Latest is the Greatest’, Urban Taskforce Australia pointed out that the number of apartments built in 2009 in NSW was fewer than in any year since 1987. Urban Taskforce detailed this further: Work started on just 8500 apartments in 2009, compared with the past 5 year (2005-2009) annual average of 13,200 (a 31% decline).
Cronulla shows us a perfect example of this shortage, there are today only 2 sites selling off the plan, “Nineteen” a development in Gerrale St & “Soleil” a development in Richmount St.
Thus the sale of the completed Drift apartments in January was popularly received. There are only 2 apartments remaining so if you are thinking of a luxury, low maintenance lifestyle change, please contact Beach & Bay Realty for a viewing of these stunning properties.
{Call Kylie Emans on 0418 690 317 or Natalie Vials on 0433 111 319 to arrange an inspection}
{Drift Cronulla, by Sammut Developments 10-12 Gerrale Street, Cronulla}
