Development on Yamba Sports Club site, Oaks, launches sales

May 3, 2019
More than 150 apartments hit the market on Saturday.

The Oaks, Amalgamated Property Group’s new development on the former site of the Yamba Sports Club, has launched.

The 16-storey development opened its display suite to the public for the first time on Saturday, and sales were also launched on the day.

Named after two heritage-listed oak trees on the site, there are 156 apartments offered in the first stage. Of those, there are 94 two-bedrooms, 46 one-bedrooms and 16 three-bedrooms.

There will be full-height windows with double glazing.

Independent Woden and Weston Creek principal Mark Wolens said one-bedrooms would start from 60 square metres, two-bedrooms from 80 square metres and all three-bedrooms were over 100 square metres.

Mr Wolens said Independent had been working with Amalgamated Property Group and architects, DBI Designs over the past year to deliver the product to market.

“There’s a lot of north-facing apartments [with] quality appliances [and] full-height, double-glazed windows,” he said.

“A lot of the units will have unobstructed views down the corridor and into the city.”

The development will feature a lap pool.

Amenities at Oaks include a lap pool, private wellness building, gym and a series of landscaped public spaces.

There will be no commercial space.

This is the first stage of Oaks with three towers set to be a part of the development. The towers will join Amalgamated Property Group’s already built Trilogy development and the Ivy apartments.

Mr Wolens said the wider lifestyle precinct would help to rejuvenate the Woden area.

“The public amenity in the precinct is unrivalled … there are several hundred metres of public amenity,” he said.

“You are sort of away from the town centre which is what a lot of town owners want, and you don’t get the night traffic that something on the top of town gets.”

A development application was launched for the Oaks site last November. It is set to cost $38 million.

It is expected to be completed in two and a half years.

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