Apartment King Harry Triguboff Finds Success in Townhouses

Australia’s largest apartment developer Harry Triguboff is now finding success in developing luxury townhouses in inner-Sydney suburbs such as Zetland and Pagewood.

Mr Triguboff says that Meriton’s brand-new townhouses have proven very popular with young families, downsizers and even investors, who are attracted by the high rental returns, which are 25% higher than houses, offer huge depreciation benefits because they are brand new and benefit from lower holding costs such as cheaper land tax, water and council rates.

Additionally, buyers have been attracted by the high-end penthouse-level luxury finishes and thoughtful design. They each come with an internal private lift, full height internal timber doors, Miele appliances, oak timber staircase, marble flooring and heated floors in the master en-suites. Exquisite private rooftop terraces boasting BBQ facilities create the ultimate “backyard in the sky”.

The townhouses are energy-efficient, equipped with sustainable features such as solar panels, LED downlights and water-saving fixtures that will significantly reduce an owner’s bills. Each townhouse is also a fully concrete-formed residence with an external brick façade, providing a much more solid build quality compared to the much older traditional brick houses normally found in the area.

Each townhouse is a fully concrete-formed residence with an external brick façade, providing a much more solid build quality compared to the much older traditional brick houses normally found in the area.

Feedback has been positive with many purchasers delighted with the addition of dedicated onsite building management teams who routinely inspect grounds, facilities and conduct all maintenance on behalf of owners, which is non-existent when buying a house. This ensures every development is secure and maintained to the highest of standards preserving sale and rental values.

Residents can also take full advantage of the resident only resort-style amenities including a heated indoor pool, spa, sauna, gym and interactive children’s playground. Just footsteps away, the phenomenal Gunyama Park, which features magnificent pools, training facilities, boardwalks and playgrounds, will be Allegra residents’ own backyard.

In nearby Pagewood, Meriton’s latest torrens-title development Rivera, townhouse sales have achieved up to $3.1 million, 26% higher than the Pagewood median house price.

Eight of the Pagewood townhouses will include a luxury self-contained studio or granny flat above the rear double lock-up garage, which could also be used as a teenagers’ retreat or additional income stream.

Rivera residents can enjoy the exciting Pagewood Centro Retail Precinct, which encompasses 23 specialty stores and a major national supermarket. At its heart, an open-air laneway will be lined with restaurants and outdoor dining. From here, residents will enjoy pedestrian links to Pagewood Centro’s network of beautiful green spaces, including the 2,700m2 Community Park and the newly completed 8,000m2 Central Park, featuring a basketball court, outdoor gym, state-of-the-art kids’ playground and barbeque facilities.