Novus enters NSW market with Sydney acquisition
Novus Group are pleased to announce the acquisition of 39 -43 Hassall Street, Parramatta - the second acquisition for the Novus Build to Rent Trust in partnership with M&G Real Estate.
Positioned on a corner site (Hassall St and Harris St) and fronting Robin Thomas Reserve, Novus on Harris will provide our future residents with never to be built out park views back to the Sydney CBD with amenity and transport at their doorstep.
At the geographical centre of Sydney, Parramatta continues to see significant investment occurring in transport, education, health, culture, retail and commercial infrastructure.
“Novus on Harris demonstrates our strategic approach to origination. Sourced off-market, this location benefits from a combination of favourable real estate fundamentals, strong resident demographics and attractive site-specific characteristics. With the design competition underway, we look forward to working with the @City of Parramatta and @NSW Department of Planning and Environment to deliver a purpose designed build to rent offering into the Parramatta market” said Novus Chief Development Officer, Jason Goldsworthy.