Tallawong apartments with coveted LDI hit the market

The first-ever apartment building in Blacktown City Council with a 10-year Latent Defects Insurance (LDI) and one of Sydney’s most affordable apartment buildings – will officially hit the market this month.

First-release apartments will be available to market at an inaugural open day for a boutique Tallawong development on 17 February, offering buyers a rare selection of affordable abodes for up to 45 per cent less than the citywide unit median of $795,994[1].

Ophora, a chic residential development that’s currently under construction through prominent Sydney developer KDMC, is due for completion this year and will boast one-bedroom apartments from $475,000, two-bedroom units from $625,000, and three-bedroom homes from $745,000. The complex, which sits just two kilometres from the new Tallawong Metro Station and Schofields Train Station, and a two-minute walk from a bus station, is also one of Sydney’s most affordable apartment complexes to offer the coveted 10-year Latent Defects Insurance (LDI). LDI is a post-completion policy covering all structural elements of the building[2].

The Information day coincides with the display suite launch and will offer buyers an insight into Ophora’s rich list of features that span rooftop terraces and barbecue spaces, contemporary styling, lush gardens, ducted air-conditioning, high-speed fibre internet and EV charging stations.

Due to high interest, buyers are recommended to RSVP to ensure they don’t miss out.

The event will feature presentations from LDI insurer SHC Insurance Brokers, Strata Defect Specialist Services, the Developer, KDMC and acclaimed Chief Economist at My Housing Market, Dr Andrew Wilson.

KDMC Development Manager, Ronnie Rahme, said the sales launch offers a chance for buyers to get a foot on the property ladder in a stunning complex close to key amenities and in an area identified by the Australian Bureau of Statistics as one of the capital’s fastest growing regions[3].