CAAN Photo: First Tower of ‘Destination’ Talavera Road Macquarie Park
THERE is more to this than meets the eye!
The first Meriton Tower for ‘Destination’ in Talavera Road Macquarie Park at 28 June 2020 is now some 22 storeys … and it is expected to be completed with 27 storeys early 2021!
IMAGINE how the 63 Storey Tower will dominate!
This Meriton development is for 1270 units in Macquarie Park.
Wondering how many of the 1270 apartments are sold? And to who? HT has previously said:
“The problem with Australians is they are very slow. They ask their lawyer, they ask their financial adviser, they ask their family, they ask everybody. The Chinese don’t ask anybody, they come off the plane, buy their unit and go.”
AND …
“China has more than 1 billion people,” he said. “And they love Australia. I think they love Australia as much as we love Australia. So there will always be enough of them that will buy.”
What will happen now? With further outbreaks of CV-19?
Will these CCP members have already gained ‘Permanent Residency’ when they purchased? What then?
Will AUSTRALIA be safe? How can a ‘PR VISA’ ensure they will be COVID-19 free?
Recent report (shared on CAAN) there are no changes to foreign investment in real estate …
-the changes leave existing gateways for investment largely untouched
-little has changed for key investment sectors such as mining, residential, industrial and commercial real estate and agribusiness land and enterprises
• There are no significant changes proposed to the rules regarding residential real estate
Another aspect to this is that in Macquarie Park there has been a complete demograhic change … it has visibly been underway since about 2015 …
Macquarie Park was originally a Business and Information Technology Park which created local employment …
But what now? With largely foreign buyers of these apartments particularly from China it would appear they are in the “box seat” for employment …
MERITON is everywhere … in every direction across Sydney … in the Sydney CBD … Chatswood … Epping … Sydney Olympic Park … Rhodes …
Meadowbank … Pagewood … Parramatta … Abbotsford … Hurstville … Burwood … here in Macquarie Park with a couple of precinct developments …
MERITON is up on the Gold Coast and down in Melbourne
MERITON has apartments for sale … for rent … serviced apartments for tourists and hotels!
Now the community of ‘Little Bay’ are opposing a monstrous precinct. It began with the Little Bay Masterplan
-it was approved in 2009 allowing for 450 dwellings to be built in buildings up to five-storeys (18m)
–Meriton then sought consent to build 1900 dwellings in multiple mid and high-rise with maximum height of 22 storeys (73m)
It has now been rejected by the Council … however … HT has its own legal counsel …
Remember the interview with Jane Hutcheon on ‘One Plus One’ “
JANE HUTCHEON: Do you feel you have had a hand in the way the Sydney landscape has changed?
HARRY TRIGUBOFF: Well, since I am not a modest person I say I had the biggest hand in it because I devoted myself to Sydney. I did a little bit in Queensland, but absolutely I am Sydney! …. .
IT would seem that the Planning Law changes were long in the making … remember HT said when he arrived in Sydney:
“I looked at Bondi Beach. Bronze bodies. Unbelievable. I looked at the red roofs. No flats, [just] cottages everywhere.’ So is this why Harry set about changing the built environment … ?
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