LIGHT RAIL EXPANSION SET TO TRANSFORM SYDNEY

light-rail

Construction will soon be underway on the $1.6 billion CBD and South East Light Rail (CSELR) that will extend from Circular Quay along George Street to Central Station, through Surry Hills and Moore Park, then on to Kingsford and Randwick.

The CSELR project is expected to transform Sydney, provide improved public transport between the CBD and the South East and deliver over $4 billion in economic benefits. The new 12km route and preparations for major construction of the light rail are due to begin in 2015 with completion due in 2019/2020.

The benefits of the Light rail is that it will offer frequent, fast, reliable light rail services and will improve public transport access to Central, the CBD and major destinations in the south east, including Moore Park and University of NSW.

Tlight-rail5here is current discussion with no definitive plans in regards to the extension of the rail service to Maroubra. Should the decision go ahead to extend the light rail to Maroubra, this would provide capital benefits to those that purchased property in the region and along Anzac Parade, with property prices expected to rise as buyers are prepared to pay more for access to services and improved public transport options. For now, the new bus/light rail interchange at Kingsford and Randwick will link with these regions.

If you are keen to know the value of your property, Infinity Property Agents offer a free property appraisal service. Please visit us online HERE or call our sales team on
(02) 9699 9179.

For more information visit:

http://www.sydneylightrail.transport.nsw.gov.au/projects/sydney-light-rail

https://www.facebook.com/SydneyLightRailProject

Author: Bernie Tynes

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About Infinity Property Agents

Infinity Property Agents manage the sale, property management, leasing, valuations, cleaning of properties in East: Maroubra ,Kingsford and Kensington Lower North: Mosman, Neutral Bay, Crows Nest and North Sydney Inner City : Alexandria, Waterloo, Zetland and Rosebery As an independent property management company, we offer a more personalised service, with over 400 happy clients and a dedicated team of property professionals with expertise of over 20 years experience in the local property market. We are always on the look out for talented agents and welcome contact via our website at http://www.infinityproperty.com.au/
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