Media release - 19^th February, 2013

Apartment complexes enticing buyers to Parramatta region

• Raine & Horne launches new office at Wentworthville
• Off-the-plan villas and new apartments expected to be popular with first home buyers in the region

As it celebrates its 130^th year in operation, Australian Superbrand Raine & Horne is continuing to build its strong reputation for real estate sales and property management in Sydney’s Greater West, with the opening of Raine & Horne Wentworthville.

Strategically launched in response to new residential construction in the Parramatta region, Raine & Horne Wentworthville, led by well-known local agent, Vijay Soni, is located at 2/53 Station Street, Wentworthville.

“Raine & Horne Wentworthville is committed to bringing premier results to local homeowners, buyers, investors and tenants,” said Mr Soni, who switched allegiances from a rival real estate group to launch Raine & Horne Wentworthville.

“The distinct charcoal and gold branding of Raine & Horne is a welcome sight on the streets of Wentworthville, which has been underserviced by a quality real estate brand for a long time.”

Mr Soni, a local Wentworthville agent for more than five years, said the decision to team up with Raine & Horne was an easy one.

“Raine & Horne is a prominent Superbrand, positioned alongside other iconic Aussie brands such as Qantas, Bonds and Coles, and enjoys an excellent reputation both in Australia and globally.

“With Raine & Horne’s support we will be able to provide our 5,500 clients located across Toongabbie, Westmead, Winston Hills, Pendle Hill and Girraween, with a level of service they have not experienced.”

To illustrate the Raine & Horne advantage, Mr Soni highlighted the leading real estate firm’s unique Global Database, which communicates with more than one million property consumers internationally.

“Under the Raine & Horne banner, vendors in Wentworthville will be able to market their property from Westmead to Whyalla,” said Mr Soni.

According to Mr Soni, recent population growth and council concessions have combined to trigger a development boom in Wentworthville, with new residential complexes enticing a wide range of buyers, including first timers.

“We currently have over three major off-the-plan projects on our books, including brand-new, three-bedroom villas from $479,000, and modern apartments from $380,000. These properties are highly sought after by both first home buyers and investors,” said Mr Soni.

“We’ve already sold twelve apartments off-the-plan over the past couple of months, and we’re confident that if interest rates remain at records lows, we will see more buyers competing for off-the-plan properties in 2013.”

In welcoming the launch, Angus Raine, CEO Raine & Horne, said Raine & Horne Wentworthville is an example of the leading real estate firm’s growing influence in the western Sydney market.

“Wentworthville is a popular satellite city of Parramatta, as it is well served with a number of quality schools and stylish retail strips,” said Mr Raine.

“In addition, the suburb is close to Westmead Hospital, the M4 Motorway and the Western Rail Line making it ideal for families, retirees and young professionals.

Mr Raine added, “We are very fortunate to have Vijay and the experienced Raine & Horne Wentworthville team representing our valued clients between Blacktown and Parramatta.”

For all your sales and property needs, contact Raine & Horne Wentworthville on 02 9631 4611.

-ENDS-

For further media information contact:

Vijay Soni, Principal Raine & Horne Wentworthville on 0432 069 815

Andrew Harrington, National Marketing & Communications Co-ordinator on 02 9258 5400