Norwest Central

Summary

Number of Units: 174
Forecast Completion Date: 2006
Net Lettable Area: 17,000m²
Car Parking: 700
Forecast Valuation: 85,000,000

The Area

This is a landmark property of Norwest Business Park, located in its commercial centre, on Norwest Boulevarde, and the main lake frontage.

A leading technology and business park, Norwest Business Park is situated within close proximity to the M2 and M7 Motorway, providing rapid access to the Sydney CBD. Norwest is home to a wide range of businesses including Woolworths, Subaru, Cadbury, Valvoline, Wattyl and ResMed. Surrounding amenities include the Norwest Marketown shopping centre, gyms, several childcare facilities, Hillsong Church and a medical centre.

The Property

Part of the successful Norwest Central Development, 12 Century Circuit was completed in 2006. Recognised as one of the premier locations and office facilities within the Norwest Business Park, the building offers all the features, services and benefits required in today's demanding commercial marketplace. An exceptional rate of parking is offered here - one car space for every 25m2 of floor space. Exceptional district views and a lakeside setting are the finishing touch to this high quality strata development.

Norwest Central was a joint venture development between Capital Corporation and the original landowner Mulpha Australia (Norwest Limited) Pty Ltd. Capital Corporation was responsible for the initial design and feasibility to pursue the fundamentals of the development. Capital Corporation then continued with the design development, authority and finance approvals and in addition, took full responsibility for marketing, sales and leasing. The project was developed over two stages with Stage 2 commencing 6 months prior to completion of Stage 1. A total of $85,000,000 worth of sales were achieved ensuring Norwest Central is one of the most successful projects in Norwest Business Park.