News

LUXURY LIVING PLANNED FOR PANTHERS SITE

  1. 23.05.22
    East Side Quarter, Penrith
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  2. 23.01.22
    East Side Quarter SOLD OUT Stages 1, 2 & 3

    EDEN, Stage 3 at East Side Quarter, Penrith 144 x 1, 2 & 3 bedroom luxury apartments released mid-2021 and sold out within six months – including a 4 bedroom and 3 bedroom penthouse.  Amenities include heated lap pool, spa, infrared sauna, gym, sunken lounge, private dining room, rooftop tepanyaki barbecue, and lots of landscaped green spaces.

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  3. 12.09.19
    Apartments of the Future

    Council gives green light to more luxury units as part of East Side Quarter concept More than 300 additional apartments have been approved for Penrith’s luxury East Side Quarter residential development. Stages 2A, 2B and 3 were rubber stamped by Penrith City Council late last month giving developer CABE the go ahead to begin construction. Read the full article on page 31 here: Western Weekender 12 September 2019   

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  4. 30.08.19
    Penrith’s New Oasis

    Aqua is set to amaze property buyers East Side Quarter launches the highly anticipated second stage, Aqua. Sales Display Gallery opens 7th September 2019 on Retreat Drive, Penrith (Next to Panthers). Read the full article here: Western Property Magazine 30 August 2019  

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  5. 05.11.18
    The Panthers’ $500m village moves ahead

    ESQ1818 Submits Development Application for Stages 2 and 3 A development application for stage two and three of ESQ 1818 has been lodged to Penrith Council for approval. A total of four residential buildings ranging from four to five storeys as well as one mixed use residential building with about 1225 sqm of retail space are the second and third stage of the development. The entire project, which includes fives stages of construction, will cover a 6.5 hectare footprint on the Panthers precinct and feature a lakeside promenade as well as landscaped space, shopping and restaurants a stone’s throw from the Nepean River. Penrith based property developer Astina Group has been awarded the mammoth task of building ESQ. “We have been impressed with what we have seen with Astina and the fact that they are local was icing on the cake,” CABE chief executive Andrew James said. Astina has recently built projects such as Home on High and East Bank and builder William Schrumpf welcomed the new project. “We are extremely excited to be teaming up with CABE to deliver ESQ,” Mr Schrumpf said.  

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  6. 02.11.18
    Setting Records in Penrith

    Western Weekender Penrith Penrith’s newest property development, CABE’s East Side Quarter (ESQ) broke ground ahead of schedule last month due to outstanding sales success. The $500 million development next to Penrith Panthers also announced the appointment of local builder Astina Group. With stage one of the project already 77 per cent sold, the development is outperforming all other projects in western Sydney and broader Sydney, according to agents, Colliers International and PRD Penrith. “ESQ’s sales success is a result of the strong Penrith community support for the project, with locals drawn to its lifestyle offering and vibrant urban village setting,” CABE CEO Andrew James said. “It has appealed to all buyers from downsizers, to investors and first home buyers who understand the uniqueness of the site and its offering with running tracks, lakeside dining, wine bars, entertainment, high quality apartments and landscaped areas that would cover 10 football fields.” A record apartment price for Penrith of $950,000 was achieved with the sale of a penthouse style, three bedroom apartment. Director of Residential Project Marketing of Colliers International, Blake Schultze said most purchasers have come from the local Penrith area or the Blue Mountains. “Buyers have been motivated to snap up an apartment as they understand the strong growth potential of Penrith and the western Sydney economy,” he said. The appointment of Astina Group is great news for the local economy with the full amount of Penrith’s trusted tradespeople employed to complete the development. “As we are family owned, operated and residing in Penrith, being part of such a major project for not only Penrith but western Sydney means a lot to us,” Co-founder of Astina Group, William Schrumpf said. “We’re proud to be a part of delivering a new lifestyle for our growing community and look forward to exceeding their expectations.” The stage two release is scheduled for February 2019. Visit www.esqpenrith.com.au. – Nicola Barton

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  7. 01.11.18
    Astina Group awarded contract to build ESQ Stage One

    Local Penrith builder Astina Group has been awarded the contract to build all 152 apartments in Stage One of the East Side Quarter urban village development next to Panthers.  Construction has now commenced.

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  8. 01.10.18
    60% Sold Before Launch

    Western Sydney Business Access, Parramatta, General News CABE has sold more than 60% of Stage One of its $500m East Side Quarter development in Penrith before the official launch.  The 6.5ha urban village is adjacent to Penrith Leagues Club and the sales included a record for Penrith when a $950,000 three-bedroom penthouse was bought off the plan.

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  9. 14.08.18
    Presales Success for CABE’s East Side Quarter in Penrith

    CABE’s $500 million lakeside development in Penrith, East Side Quarter (ESQ), has sold more than 60 per cent of stage 1 prior to their official launch. The 6.5-hectare urban village located at the foothills of the Blue Mountains and the doorstep of Penrith Panthers’ entertainment precinct offers benchmark design and postcard views designed from the ground up to meet the needs and desires of a new generation. “A record apartment price for Penrith of $950,000 was achieved with the sale of a penthouse style, 3 bedroom apartment,” Colliers International residential project director Blake Schulze said. “Buyers were motivated to snap up an apartment as they understand the strong growth potential of Penrith and the Western Sydney economy.” Penrith is currently reshaping its future as the heart of the New West. Multi-billion-dollar infrastructure projects such as Badgery Creek are forging stronger connections to wider Sydney and building a vibrant, activated city centre. Dynamic inner-city lifestyles, growing entertainment and enterprise hubs, a second Sydney airport, significant upgrades to university and hospitals, major road networks and more are creating a blueprint for the future that is placing Penrith firmly on the global map. “East Side Quarter appeals to all buyers from downsizers, to investors and first home buyers with oversized 1 bedroom apartments starting at $410,000,” Schulze said. “The strong buyer demand has been from the local market, with buyers quick to secure their apartments due to the urban community that ESQ offers with the connection to the Panthers Precinct,“ PRD Nationwide Penrith managing director Darren Latty said. “The sales success is a true testament to CABE’s development vision and the Turner Architects’ design, appealing to owner occupiers with a strong uptake from downsizers,” he added. As Penrith’s most visionary and bold new precinct, ESQ offers an all-encompassing lifestyle and residential quarter that will excite, involve and engage on multiple levels. Architecture firm Turner is creating transformational spaces of a type and scale never before seen. The masterplan for 850 one, two and three bedroom apartments maximises amenity for residents both inside and out. The vision is for a whole new urban experience that draws strength from a charismatic relationship between nature, its built form and multi-layered public and private spaces. ESQ’s Sales Display Gallery is located on Retreat Drive, Penrith. Open from 11am to 4pm, Wednesday to Sunday, or via Private Appointment 1300 181818 www.esqpenrith.com.au   https://theurbandeveloper.com/articles/presales-success-for-cabes-east-side-quarter-in-penrith

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  10. 07.08.18
    Market News
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  11. 07.08.18
    Selling Like Hot Cakes

    PENRITH Apartments more than half have pre-sold APARTMENTS in a major residential development set to transform Penrith are selling like hot cakes – even though they haven’t hit the market yet. These off-the-plan units will form a monumental $500 million project known as East Side Quarter, which will see 11 buildings sprout in Retreat Ave, ranging from four to 15 storeys. In addition to panoramic views of the Blue Mountains, the new estate will offer a resort-style pool deck, play areas for children and a retail laneway. Neighbouring the East Side Quarter site is the Penrith Panthers Leagues Club and entertainment precinct. For this reason, the idea was pitched to the Panthers board and has since been welcomed, according to Andrew James, chief executive of developer CABE. Mr James said all club members were offered an early chance to snap up stage one’s 152 units. “We have gone out to them over the past week and in that time we have had over 50 per cent of the apartments pre-sold. The local market has been crying out for this level of development,” he said. “There has been a healthy mix of buyers but downsizers have certainly shown strong interest.” The units are a mix of one-, two- and three-bedroom designs and start at $400,000. When finished, ESQ will span more than 6.5ha. There will be 850 units and 3500 sqm of retail. There will also be a lakefront dining precinct, wellness centre and regional play areas. The units will officially hit the market next month. Caption Text: East Side Quarter is a monumental $500 million residential project coming to the heart of Penrith.  

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  12. 07.08.18
    Sky High Revolution- East Side Quarter, Retreat Drive Penrith

    EAST SIDE QUARTER Retreat Drive, Penrith MARISSA GEORGOPOULOS WESTERN Sydney hub Penrith is due for its biggest transformation yet – a $500 million residential development that will push the suburb to new heights. The monumental new estate known as East Side Quarter will include 11 buildings ranging from four to 15 storeys and offer panoramic Blue Mountains views, a resort-style pool deck, play areas for kids and a retail laneway. The estate will also have a lakefront dining precinct, wellness retreat and regional play spaces. The first luxury apartments will hit the market next month. Telegraph the project was the culmination of long-time planning. “We’re very excited to finally put it out to the public,” Mr James said. “All up, it is 850 apartments, 3500sqm of retail, and it will be what we’re calling the first urban village of Western Sydney as it spans more than 6.5ha. Over half the site is landscape.” Neighbouring the site is the Penrith Panthers Leagues Club. Mr James said the proposal was welcomed by the Panthers board. Club members have been offered an early chance to buy into the 152 units being made available in the project’s first release in July. “We have gone out to them over the past week and in that time we have had over 50 per cent of the apartments pre-sold. This shows the local market has been crying out for this level of development. “There has been a healthy mix of buyers but downsizers have certainly shown strong interest.” Each apartment will have at least one car space. The one-bedders start from $400,000. Two-bedroom units are upwards of $550,000. The threebedders are priced from $700,000. Architects Turner will incorporate stone benchtops, porcelain floor tiles and mirrored splashbacks in kitchens and bathrooms. Construction of the first two buildings will start this year, with doors set to open to residents in 2020. Visit esqpenrith.com.au Caption Text: The $500 million project known as East Side Quarter will transform Penrith with 11 buildings, 850 units and about 3500sqm of retail space.   https://www.news.com.au/finance/real-estate/penrith-to-be-transformed-with-500m-development/news-story/f7a405c9e45536011e0a2f4f9adabd60  

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