0°C | Tuesday April 29, 2025 
24 October 2024
By Hannah Wilcox
Construction on the Crows Nest Metro, or more specifically above it, has not reached completion just yet with Third.i looking to bring transport quite literally to people’s doorsteps.
The developer announced the Stage One of its Elevate project last month in conjunction with joint venture partner Phoenix Property Investors.
It entails the creation of 130 one, two and three-bedroom contemporary apartments directly above the station.
“Elevate at Hume Place is set to redefine urban living in this part of Sydney. It’s not only going to offer some of the best apartments ever released, Elevate is also a one-of-a-kind development in terms of the value the Metro will bring long term to its owners,” Third.i Co-Founder and Director Luke Berry said.
“There are plenty of projects claiming close links to the Crows Nest Metro, but there is only one project getting built above it all.”
“Having Elevate built directly over the station is why this project will outperform any other local projects in the future,” he added.
“Elevate will cater to a variety of purchasers from first time owners and/or investors to downsizers and right sizers wanting to be close to the Crows Nest Village and all this has to offer in terms of lifestyle, amenity and long term value.”
Sydney-based architects Woods Bagot will lead both the exterior and interior design.
JLL Residential Project Sales has been appointed as the project marketer and sales partner, with Head of Capital Markets Luke Billiau adding: “We are excited to be partnering with Thirdi and Phoenix Property Investors on this groundbreaking project.”
“Elevate represents the future of integrated transport-oriented development, and we’re confident it will attract significant interest from both local and international buyers.”
Thirdi.i confirmed on Sunday buyers will be eligible to purchase one of the units under the Nest Deposit scheme.
This allows those interested, once qualified, to secure a property for $10,000 and pay the remaining balance in 10 percent deposit monthly installments.