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Living in an urban oasis can be cheaper than owning a house - Waterfall offers an amenities-rich lifestyle with lower strata levies.

Market insights 2 months ago Read time: 2 minutes

Designed by acclaimed Sydney-based architect SJB, Waterfall by Crown Group is an impeccably designed development with excellent resort-style amenities. Featuring a stunning infinity-edge pool, gymnasium with district views and Australia’s tallest man-made waterfall, it’s clear that at Waterfall the residents’ comfort and lifestyle are at the forefront. This sophisticated collection of four buildings set amid lush tropical gardens is located in Waterloo, only 4km from Sydney CBD. 

Crown Group has a proven track record of delivering thoughtfully created residences and have now taken it further by offering highly competitive strata levies for Waterfall apartments. Prisca Edwards, Director of Sales at Crown Group explains, “strata levies can vary wildly according to different developers and different properties - so they don’t always correlate with the quality or standard of the facilities such as barbecue areas, in-house cinemas and function rooms.”

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“At Waterfall by Crown Group, [the amenities] are exemplary with more than 8,000 tropical plants, Australia’s tallest man-made waterfall, an infinity pool with a jacuzzi that accommodates 25 people, a music room with a grand piano, a rooftop open-air cinema and a cantilevered gym with district views.”

Prisca Edwards, Crown Group

The rooftop infinity pool is a stunning design feature, boasting breathtaking views of the CBD and offering the ideal spot to entertain guests. The fully equipped, cantilevered gymnasium features state of the art equipment, allowing residents to enjoy a healthy and active lifestyle just steps away from home. 

With these, and many more high-end amenities available for Waterfall residents, the strata levies are extremely competitive. Fees start at $750 per quarter for a 1 bedroom apartment and only $1,150 per quarter for a 2 bedroom apartment. Prisca continues, “we also offer the assurance of having a full-time building manager on-site, so owners and tenants know that issues are dealt with promptly and by someone who knows the facilities well.” 

The average equivalent lifestyle and maintenance fees for house owners can average up to $17,909 per year while Waterfall residents face only a fraction of the cost at up to $7,280 per year - for luxury, resort-style amenities.

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“Because we are a property developer with our own building team and in-house property management division, we design the strata offering from the outset with residents’ needs top of mind all throughout the design and building process. We have consistently kept our strata levies comparatively low to ensure that our luxury apartments are attractive to owner-occupiers, tenants and investors.”

Prisca Edwards, Crown Group

Waterfall by Crown Group is available to inspect by appointment. For more information, click here.