Completed in mid 2020, Esplanade Norwest is a visionary ‘vertical village’ combining residential apartments, commercial suites and retail spaces to create a vibrant integrated new community.
Capitalising on its waterfront location the project includes new restaurants by Seagrass, one of Australia’s top hospitality groups, a public plaza and upgraded boardwalk link to the Metro Norwest station.
Evoking the ‘holiday at home’ feel for its residents, Esplanade boasts generous landscaping, residents-only facilities and concierge services. Eleven adaptable apartments are owned by Summer Housing. The project’s success is testament to the vision and on-time, on-budget delivery.
252 apartments are set across two towers on a four and five storey podium. Prices achieved: 1 bed $525,000 – $740,000, 2 bed $700,000 – $1,155,000, 3 bed $965,000 – $3,150,000, 4 bed $2,450,000 – $2,650,000. There are 36 commercial suites that all sold prior to completion and 11 retail lots.
This integrated resort-style concept demonstrates the vibrancy and activation mixed-use developments can contribute to their surroundings. TURNER has imbedded innovation through design and materials while wintergardens for commercial and many residential spaces deliver functionality and liveability. Number-plate recognition and charging ports for electric vehicles add further convenience. The team used an environmentally-sensitive, land-based approach to replace 300m of waterfront boardwalk, instead of using a pontoon moored on the lake.
Showing leadership and compassion during the challenging COVID restriction period, Aoyuan International collaborated with anchor restaurant tenant Seagrass to open two venues – Italian Street Kitchen and Ribs & Burgers. This activated the waterfront, giving residents dining convenience.
Mostly locals purchased all commercial suites and 80% of apartments before completion. Settling during COVID, project achieved a 95% settlement success rate.