A local luxury property developer duo have put Penrith back in their sights as they look to build prestige housing in the area.
Matthew Sandstrom and Chris Rudduck grew up in the local area and then both went on to work for large contractors where they were building projects up to $50 million in value.
Now, they are both Directors of their company AlphaBuild and want to bring their luxury builds back to the community they came from.
“We want to raise the bar of luxury living… we think the area deserves it,” Sandstrom said.
“Our mission is to build the most refined luxury residences in western Sydney.”
Their first project back on home soil is called ‘Nura’, it is set to be a multi-storey home nestled away in the leafy suburb of Leonay.
“We have a couple of our own projects that we are doing on two sites in Leonay,” Rudduck said.
“We started one, it’s a three-storey luxury house. We have the site next door to that which is a luxury duplex which we will start on the back of this one as soon as it’s finished.
“It’s good to have some stuff closer to home and try bringing what we are doing in the eastern suburbs back here.”
Previous to ‘Nura’, the duo has worked on luxury developments closer to Sydney.
“We completed a project in Maroubra that was about a $7 million build value, and they just offloaded one apartment for $6 million,” Sandstrom said.
“We just finished one in Coogee and I think that is worth about $20 million build value.
“So nicer, high-end, luxury builds but now we are coming out here and we want to bring this back to our hometown now and provide a premium product to the Penrith area.”
Both Sandstrom and Rudduck describe AlphaBuild as the company willing to take on projects that others put in the ‘too hard’ basket.
“The site that we just bought over there sat on the market for ages, I think it went through two or three designs and everyone was like ‘Nah, I don’t want to build that’ because it had an eight-metre cut straight into the rock,” Sandstrom said.
“The job that we just came off the back of in Coogee was a 13-metre cut and Maroubra was a 10-metre cut.”
Sandstrom said it’s about time Penrith had builders willing to go to the next level.
“We want to challenge the status quo for building intricate designs and unique architectural projects in the Penrith area,” he said.
To find out more about the work AlphaBuild is doing, visit their website at http://www.alphabuild.com.au.
Emily Chate
Emily Chate joined The Western Weekender in 2024, and covers local news - primarily courts and politics. A graduate of the University of Wollongong, Emily has contributed to The Daily Telegraph and worked as a freelance journalist.