News

Breaking ground on luxury Surry Hills apartments

October 6, 2020 | IN Media Release and News | BY AVID | 1 min read

National Policy Manager of Cities, Housing and Planning for Property Council Australia, Collin Jennings and AVID Property Group, owner of Surry Hill’s $55 million, terrace-style luxury residential and retail complex – The Rathbone – celebrated turning the first sod for the new development onsite at 10am on Monday 28 September.

AVID Property Group Chief Executive Officer Cameron Holt said the development would provide close to 160 construction jobs and stimulate the local economy – the project would also diversify AVIDs product offering to meet consumer demand.

“After achieving successful presales of more than fifty per cent, and securing a premium hospitality anchor tenant – we’re excited to kick off construction today in an industry that’s currently seeing a shortage of apartments in the inner suburbs of Sydney .

“Dwelling approvals have dropped by 14.8 per cent in New South Wales and we need to be able to meet the demands for apartments, which is why it’s such an exciting time to break ground on The Rathbone today.”

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Located just 5 km from Springfield Central with shopping centres, health and recreation hubs, schools, childcare facilities and public transport at your doorstep. Brentwood Forest is nestled in its own wooded enclave that rises above the surrounding valleys, a family-oriented address which offers a sense of tranquillity, space and seclusion. With playgrounds and leafy parks, quiet streets and easy access to schools, shops, sports facilities and everyday services, Brentwood Forest offers a sense of escape from the hassles of suburban life, while still remaining close to all that matters.

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