Sales open soon for Junction Australia’s 54-home townhouse, apartment development at Anzac Highway, Camden Park
Sales will soon open for a $20 million townhouse and apartment development at a prominent Anzac Highway site, with construction about to begin.
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Work is expected to begin before Christmas on a $20 million townhouse and apartment development planned for Anzac Highway after the site sat vacant for five years.
Junction Australia will build 15 townhouses and 39 apartments at 411-415 Anzac Highway, Camden Park, with homes going to market within the next two weeks.
Work was scheduled for around February but that was delayed after changes to the project’s staging.
The non-profit organisation expects 144 people to find work building the complex, which will feature two-storey townhouses and five-storey apartment buildings.
Chief executive Maria Palumbo said the project would provide more affordable housing, revitalise the area and plug a gap in homes suitable for single people.
“Our aspiration is that every area that has concentrations of public housing that doesn’t work for a whole bunch of reasons … we want to turn those areas around to be mixed communities where the housing is not identifiable and there’s no stigmatisation attached to them,” Ms Palumbo said.
“We know that by doing that it changes areas completely. Where there was once problems there isn’t anymore.”
Junction Australia will keep 15 of the apartments for its social housing tenants – particularly residents who were on age or disability pensions.
The other 24 apartments would be available under the affordable housing scheme to people on low-to-medium incomes. The townhouses would go to the general market.
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Mr Palumbo said the delay in construction meant buyers could take advantage of state and federal housing stimulus packages for new builds and first home buyers.
“It’s worked out well because if we had started in February or March none of those (buyers) would have been eligible for the new incentives,” she said.
Construction work is expected to take 12-18 months.
A former Housing Trust complex at the site was razed in 2015 – a year after tenants were moved out, attracting vandals and squatters.