Paramount on Parkes Quick Facts

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FREQUENTLY ASKED QUESTIONS

QUICK facts

Address 20 Parkes Street, Harris Park NSW 2150

Commencement date Q4 20211

Anticipated completion Q3 20241

Car park entrance Parkes Street

Number of residential units 331

1. Commencement and completion dates are subject to final approvals

PRICES STARTING FROM2

1 bedroom apartment $625,000

2 bedroom apartment $825,000

3 bedroom apartment $1,100,000

2. Prices correct as of June 2024

ESTIMATED RENTAL RETURNS (per week)

1 bedroom apartment $700 – $800

2 bedroom apartment

3 bedroom apartment

ESTIMATED STRATA FEES (per quarter)

– $1,000

– $1,200

1 bedroom apartment $750 – $950

2 bedroom apartment $980 – $1,290

3 bedroom apartment $1,350 – $1,680

FREQUENTLY ASKED questions

1. Who is the developer? ALAND

2. Who is the architect? Sketch Design Group

3. How many storeys are there at Paramount on Parkes?

Paramount on Parkes is 46 storeys.

4. How many apartments are there in Paramount on Parkes?

There are currently 331 apartments in Paramount on Parkes.

5. Is it a strata title?

All residential apartments are under one strata scheme. Building uses are separated by a stratum subdivision.

6. What are some of the technical features of the apartments?

All apartments feature an AV security intercom, free-to-air television, NBN cable ready or equivalent and telephone outlets.

7. Do apartments come with balconies?

All apartments feature a balcony.

8. What are the security features of the building?

Lift access to each level is controlled by a security swipe system. Security cameras are fitted in all lifts and the apartment entry lobby, while the basement car park is protected by a security shutter gate. All lobbies are equipped with intercoms and security swipes.

9. What are the external building materials and finishes?

Paramount on Parkes features concrete elements including fluted precast concrete panels, floor-to-ceiling windows, glass balustrades and face bricks on the podium.

10. How many lifts are in the building?

There will be 6 lifts in Paramount on Parkes, with 4 of these lifts dedicated to the residential component of the development.

11. What sound insulation quality exists between apartments?

Apartment walls, ceilings and floor insulation complies with the Building Code of Australia (BCA) and applicable Australian Standards (AS).

12. Do the apartments come with blinds and furniture?

All apartments come with blinds, however they are not furnished.

13. Do I get a storage cage?

Yes, all units have a storage cage.

14. Do I get a car space?

Please check with your agent or ALAND representative on which apartments come with a car space, as not all apartments do.

15. What amenities does the project offer?

Residents will enjoy a resort-style swimming pool, communal BBQ, play area and a communal room on Level 4.

16. Will the communal garden with BBQ facilities, swimming pool and communal room be public thoroughfares?

No, the communal terrace with BBQ facilities, swimming pool, play equipment and communal room are for residents only.

17. Can I have animals?

Residents can keep as many as two animals with a combined weight of less than 20kg, subject to written approval from the owners corporation.

Information supplied on this document should be used as a guide only and is current as at June 2024. Interested parties, prospective and actual purchasers should confirm details and questions with their own legal representatives. The indicative information in this document is subject to change at the absolute discretion of the developer. The developer, its officers, employees, agents and related body corporates expressly disclaim any liability and responsibility (to the maximum extent permitted by law) to any person or organisation for any loss, liability, damage or expense arising directly or indirectly from or connected in any way with any use of or reliance on the information contained within this document.

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