First Chance to View Newly Completed Luxury Development, Waterfall by Crown Group in Waterloo

SYDNEY,Feb. 11,2020 --Crown Group will showcase Waterfall by Crown Group,its newly completed lush tropical development of 331 luxury apartments in Waterloo,to the public for the first time next weekend. The development has set a new benchmark for integrating the natural landscape in an urban setting and broke the record for the highest-priced apartment in the suburb when it sold a penthouse for $4.5 million in May 2018.

Waterfall by Crown Group exterior

Crown Group will open the doors to the completed development for the first time on Saturday 15 February,from 11am to 1pm.

Guests will be treated to a barbeque and children's activities amid the lush tropical gardens near the tranquil outdoor lagoon and bamboo-covered walkway on ground level. They will then be invited on group tours,which provide the first glimpse of these stunning new homes and the fantastic facilities at this newdevelopment.

The new community has been highly sought-after since it launched in June 2017,when it sold $300 million worth of homes in one day. Inspired by cascading water and tropical rainforests,the design is the work of award-winning SJB Architects,in conjunction with Crown Group,and leads an innovative greenery revolution in the heart of Waterloo.

The $395-million development offers luxurious residences in three iconic seven-storey buildings and a 20-storey sculptural tower. There is a mix of studios,one,two- and three-bedroom apartments,courtyard apartments and double-storey penthouses.Apartment interiors offer fresh,modern finishes in stone and timber with subtle hues.

Crown Group's signature resort-style resident facilities include an infinity rooftop pool and terrace,a cantilevered gym,rooftop cinema,function room with catering kitchen and a music room with a grand piano.

Public art is a key element within the development: Mika Utzon Popov,grandson of Sydney Opera House architectJørn Utzon,created a large-scale artworkintegrated in the design.

Crown Group Chairman and Group CEO Iwan Sunitosaid,"We are incredibly excited to open the doors to Sydneysiders for the first time at Waterfall by Crown Group. The innovative building has set a new benchmark in the seamless integration of natural beauty and contemporary architecture within a residential development,creating the most desirable tropical urban resort-style living in the growing suburb of Waterloo."

Crown Group Director of Sales Prisca Edwards said,"This iconic development located right in the heart of Waterloo,a premium location extremely convenient for residents who travel for work,as it's just 5km from the Sydney CBD,10 minutes from the international airport,15 minutes to the city and 15 minutes to the beach. It's also students' new favourite - close to three world's top-ranking universities including University of Technology Sydney,The University of New South Wales and The University of Sydney.

"Don't miss out on this weekend event. Bring friendsand family and join us at Waterfall by Crown Group next Saturday and be one of the first people to inspect Waterloo's newly completed resort-style residences."

A limited number of premium apartments in Waterfall by Crown Group are now available for sale starting from $713,000.

The Waterfall by Crown Group Display Centre is open every day from 10am to 4pm at 30-36 O'Dea Avenue,Waterloo.

For more information,please visit www.waterfallbycrowngroup.com.auor call 1800 001880.

About Crown Group

Crown Group Holdings (Crown Group) is a leading Australian property group specialising in property development,property investment and serviced apartments. The company was co-founded by architect Mr. Iwan Sunito and engineer Mr. Paul Sathio with its first project in 1996.

Crown Group has successfully completed major developments in Sydney's premier locations including Bondi,Bondi Junction,Parramatta,Ashfield,Epping,Homebush,Newington,Pennant Hills and Rhodes and most recently the 25-storey Arc by Crown Group in Sydney CBD and 2017 Property Council of Australia's Annual Property Congress' one of the World's Best Projects Infinity by Crown Groupin Green Square.

Today,Crown Group boasts a portfolio of six major projects under development and in the pipeline. It is currently developing threemajor projects in the Sydney area:the $500 million five tower precinct Mastery by Crown Group in Waterloo being developed with Mitsubishi Estate Asia; Waterfall by Crown Group in Waterloo; and Eastlakes Live by Crown Group the most exciting new address in the Eastern Suburbs.

www.crowngroup.com.au

Awards

Crown Group has been awarded more than 30 high-profile industry awards including 2019 Master Builders Association (MBA) NSW Excellence in Construction Awards Best Use of Steel,Best Use of Brick and Best Mixed-Use Development; 2019 Architecture MasterPrize in Mixed Use; 2019 Architizer A+Awards Jury Vote and Popular Choice Awards; 2019 HIA–CSR Australian Housing Awards Best Apartment Complex; 2019 MBA Best Commercial Pool and Best Commercial Spa; 2019 Urban Development Institute of Australia (UDIA) NSW Awards for Excellence in High-Density Development; 2018 Property Guru Best Condo Development and 2015 International Property Awards Best Residential Development Australia,forArc by Crown Group;2019 Urban Developer Awards Excellence in Marketing for Mastery by Crown Group; 2019 UDIA NSW Awards for Excellence commendations for Arc and Mastery by Crown Group; 2019 International Property Awards Winner Development Marketing Australia for Eastlakes Live by Crown Group; 2018 UDIA NSW Best Mixed-Use Development and 2016 International Property Awards Best Residential High Rise Architecture Australia for V by Crown Group Parramatta; 2017 Property Council of Australia's Annual Property Congress' one of the World's Best Projects for Infinity by Crown Group; 2017 Master Builders Association NSW Excellence in Construction Awards for Skye by Crown Group; 2015 MBA NSW Excellence in Construction Awards for Viking by Crown Group Waterloo and 2014 UDIA NSW President's award – considered one of the highest property development accolades in Australia – for the seven-tower,resort-style development Top Ryde City Living.

www.crowngroup.com.au/industry-recognition/

Photo - https://photos.prnasia.com/prnh/20200211/2717029-1?lang=0