Landowner and timber business Danias is poised to build more than apartments in Sydney's "metro suburb" of Marrickville, kicking off with an apartment project in partnership with Sydney-based developer Toga.
It is the first residential stage of Danias' project, which will number about units, and is within the newly rezoned Victoria Road Precinct. Both declined to comment on profit-sharing plans for the project. An artist's impression of Toga's Wicks Place development of apartments Marrickvikle Marrickville.
Danias said the rest of the units would be built on its six-hectare landholding at Victoria Road over six stages in the next eight to 10 years to yield a total of ,sq m in residential property. The longtime Marrickville business has not yet appointed future partner developers and declined to comment if Toga would have first dibs.
It will be built around a sq m park and will include restaurants and amenities. Danias confirmed it was about to launch the property's leasing campaign. The attractiveness of the precinct draws from its proximity to the future Sydney Metro Marrickville at Sydenham which will enable commuters to get to Sydney's Pitt Street Rich chinese Marrickville less than 10 minutes.
A bit further away, the Sydney Swinger personals Tamworth station in Marrickville will also facilitate chinwse quick trip for commuters.
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The rise of development around or Rich chinese Marrickville Sydney Metro stations leads the next wave of inner-city development for Sydney, offering developers access to scarce prime sites.
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Toga, Danias kick off first project for 800 new units in Marrickville
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