Month: July 2022

Leading Australian-based property heavyweight Third.i is continuing its international domination with a further expansion into the UK with the $200 million (£185 million) Graphite Square, crowned the fastest selling project in the United Kingdom with construction officially kicking off in October last year and piling already complete.                        

The multi award-winning developer, with operations across Australia, Singapore and the UK, acquired its second major development site in the heart of London, Graphite Square, located on Vauxhall Walk which comes with full development approval.                      

The project has already notched up over $64 million in sales (£43 million) in just a mere few months since launching to the UK market in November 2021 and has been swarmed by a flurry of interest from local and international buyers across London, the greater UK and Asia.                        

The exclusive, mixed-use residential project and commercial precinct is set to deliver 160 homes and over 7,400sqm of co-working space, spanning across four floors with two public spaces that link separated streets.                       

Planning permission has been granted for 110 one to three-bedroom private new homes and 50 one to three-bedroom affordable homes between three residential buildings, ranging from nine to thirteen storeys high. Topping the project is a luxury is a collection of amazing two and three-bedroom penthouses, across the top two floors of buildings B & C.         

Construction began in October 2021 and is expected to be completed by Q4 2024, paving the way for Graphite Square to come to fruition amongst London’s greatest projects. The project marks the second development in the UK for Third.i since its 2018 debut project on York Road in Battersea, which is due for completion next month as it seeks to invest around London in residential, commercial and retirement projects.                       

“It is simply an amazing achievement to have a project of this calibre launch internationally and gain as much traction as it already has with a great sales result,” said Third.i’s Co-Founder and Director of Sales Marketing, Luke Berry. 

“To officially kick start construction back in October last year on this amazing project is truly incredible and a testament to our hardworking team. We had been looking for exciting opportunities in London for quite some time and Graphite Square is the perfect embodiment of our belief in creating better places to live, work and play. I can’t wait to see the project come to life.      

“Third.i instantly fell in love with the architecture and place making of the project, seeing it having an ageless appeal that will become a legacy project and one we can all be proud of. We’ve had incredible interest from both domestic and international buyers, particularly from Singapore, China and Asia since launching into international markets earlier this year before our marketing campaign had even begun.” 

Third.i has partnered with award winning and internationally recognised Ben Adams Architects to deliver Graphite Square seamlessly into the local area with an industrially inspired design concept that celebrates and reflects Vauxhall’s heritage past. The company has also teamed up with workspace creator Halkin, which has signed a long-term lease to manage and deliver co-working spaces, boasting state-of-the-art technology and facilities for over 1,000 people.                        

Graphite Square will boast an abundance of communal areas and deliver a cohesive new community to an area gaining popularity by locals. The project will boast lush gardens and new public realms.                    

Vauxhall is set to become one of the hottest destinations for international buyers, who are looking to secure places to live, work and play in Central London. The bustling suburb is within distance to several key academic institutions as well as moments from the River Thames and Vauxhall Tube station, connecting buyers to the heart of the city in eight minutes. The area is the heart of Central London meaning Graphite Square has everything on your doorstep from Tube, River taxi, buses and the Thames Walk.                 

Vauxhall is also fastly becoming one of the most desirable destinations in London for young professionals and students with modern, affordable housing paired with excellent transportation connections close by.                    

The remaining apartments will be priced from £665,000 to £2,000,000.                  

The property development and investment firm has an incredible history in successfully delivering large-scale residential projects across Australia, with new expansions across the UK and Asia joining the growing list of legacy projects in Third.i’s portfolio. With a current development pipeline exceeding $3 billion, Third.i is quickly becoming one of Australia’s top leading property development firms. 

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Leading Australian property developer, Third.i has launched the last remaining homes in its luxury $113 million Paragon of Pyrmont project.

The popular New South Wales property developer Third.i has launched the last remaining homes in its luxurry Paragon of Pyrmont project.

The $113 million project, which officially wrapped up construction of its 31 residences in 2021, has just two homes remaining.

The final townhouses have three and four-bedrooms and are priced between $3.95 million and $4.5 million.

The project is a rare offering for the suburb, largely dominated by apartment living.

According to the most recent Australian Bureau of Statistics data from 2016, over 92 per cent of available dwellings in Pyrmont consisted of apartments and units with just 6.5 per cent townhouse dwellings available.

The buyers so far in Paragon of Pyrmont have mostly been downsizers and owner-occupiers.

Third.i Co-Founder and Director of Sales and Marketing Luke Berry says the remaining townhouses won’t last long in a hungry market.

“Paragon of Pyrmont is the epitome of spacious and luxury living in the epicentre of the city of Sydney,” Berry said.

“We are thrilled to see our final two residences hit the market and couldn’t be prouder of the calibre we have created with the project in tailoring it to suit all buyer lifestyles.

“Buyers will feel the quality and consideration given to the project the minute they walk through the front door. We have combined city living and spacious living to create the ultimate residence in a suburb renowned for apartment and unit offerings.

“Buyers are drawn to the uniqueness of townhomes available in Pyrmont and the fact these final residences are complete and ready to move into makes the listings even more desirable.”

Each townhouse is kitted out with high-end Gaggenau appliances, a smart home system that can be access remotely, and an entertainment unit with a hydraulic television lift. There’s also private lift access direct from the garage, which is met by a wine room with storage for around 250 bottles.

Crowning each townhouse is a private rooftop terrace, complete with an outdoor kitchen and watering system for green, lush gardens, as well as a sundeck which benefits from city top views.

“Paragon of Pyrmont just has it all in terms of spacious living, high-end amenities, access to local shops and transport, all while situated in the heart of Sydney with some of the most famous harbour views the city has to offer,” Berry added.

“This is a project Third.i will forever be proud of and joins our growing list of legacy projects for generations to come.”

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DIVERSIFIED property company Third.i has been given the go ahead for its Dairy Farmers Towers mixed-use project in Newcastle’s West End.

With approval from the City of Newcastle now in hand, Third.i will offer the market 184 one-, two- and three-bedroom towers across two towers above five floors comprising a resident exclusive co-working hub and 1,600sqm of commercial and retail space.

This latest green light comes off the back of Third.i and Toohey Miller’s $650 million Warada on Walker development was approved in May by the North Sydney Council.

Built at the site once occupied by one of the country’s largest producers of dairy, Dairy Farmers, Third.i is using the heritage-listed milk bottle and clock towers for a pedestrianised public art installation.

“The West End is quickly becoming Newcastle’s beckoning lifestyle hub, complete with an eclectic mix of urban flair and character. Dairy Farmers Towers joins our stable of West End projects and has already become a legacy project for everyone to enjoy,” said Luke Berry, co-founder and director of Third.i.

The towers will, in addition to the co-working space, feature exclusive resident amenities such as cabana pool areas, a wine bar and cellar, gym, pilates studio and multiple function rooms.

The project will include eight Special Disability Accommodation apartments, with Third.i set to partner with multiple Specialist Independent Living Advisors in delivering the residences.

Dairy Farmers Towers will also offer potential home buyers an exclusive deposit scheme, in collaboration with CoPosit.

“We are thrilled to receive our development approval from the council for Dairy Farmers Towers, a project that is providing achievable deposit schemes for those looking to secure their slice of the real estate market,” added Berry.

Marking a first of its kind in Newcastle, the scheme will see a fee-free app-based service established, enabling buyers to purchase a property with just $10,000 in savings with the remainder of the deposit paid over weekly instalments.

“Using the scheme can also save buyers money in the long run as well as securing a new build property now rather than buy one after completion at higher prices, which has seen a lot of buyers traditionally priced out of the market,” said Berry.

Construction on Dairy Farmers Towers is set to commence in the third quarter of 2022, with completion currently anticipated for Q4 2024.

“Residents will have some of the best views in town, as well as access to the harbour, great dining and entertainment options, and the transport interchange at their doorstep. We wanted Dairy Farmers Towers to be a West End icon, a landmark reborn to create a new chapter as a great place to live, work and play. With construction commencing later this year, we can’t wait to do exactly that,” concluded Berry.

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Thirdi will break ground on its 184-apartment Dairy Farmers Towers project later this year after it was given the green light this week.

The two-tower development in Newcastle’s West End will comprise one, two and three-bedroom apartments above a five-storey residents’ only work hub, which includes 1600sq m of commercial and retail space. 

The towers will also include eight specialist disability accommodation apartments, and Thirdi is collaborating with CoPosit to allow purchasers to buy a property with just $10,000 in savings and the remainder of the deposit is paid in weekly instalments. 

Thirdi co-founder and director Luke Berry said the project would unlock affordable housing entry points in the booming Newcastle region. https://bbdb33d63a2837f767b4eb9ef1d0094b.safeframe.googlesyndication.com/safeframe/1-0-38/html/container.html

“We are thrilled to receive our development approval from the council for Dairy Farmers Towers, a project that is providing achievable deposit schemes for those looking to secure their slice of the real estate market,” Berry said.

“The West End is quickly becoming Newcastle’s beckoning lifestyle hub, complete with an eclectic mix of urban flair and character. 

“Dairy Farmers Towers joins our stable of West End projects and has already become a legacy project for everyone to enjoy. 

“Using the CoPosit scheme can also save buyers money in the long run as well as securing a new build property now rather than buy one after completion at higher prices, which has seen a lot of buyers traditionally priced out of the market.”

▲ Thirdi wins approval for Newcastle Dairy Farmers Towers project, which will enable purchasers to buy off the plan with just $10,000 in savings. 

Dairy Farmers Towers includes co-working spaces, cabana pool areas with a lap pool, a wine bar and cellar, a state-of-the-art gymnasium and a pilates studio, as well as multiple function rooms.

The green-lit Newcastle West site was once home to Dairy Farmers—one of Australia’s largest dairy producers. In a nod to the history of the site, Thirdi has reimagined the heritage-listed, iconic milk bottle and clock towers as part of the project through a pedestrianised, broader public art installation.

“Residents will have some of the best views in town, as well as access to the harbour, great dining and entertainment options, and the transport interchange at their doorstep,” Berry said.

“We wanted Dairy Farmers Towers to be a West End icon, a landmark reborn to create a new chapter as a great place to live, work and play.”

Thirdi recently won approval for its JV office project Warada on Walker in North Sydney.

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Newcastle City Council has approved a $110 million, 100-metre skyscraper in Newcastle West. 

Developer Thirdi Group plans to begin construction of Dairy Farmers Towers at 924 Hunter Street in the coming months, and complete the project by late 2024. 

The mixed-use development will include 184 one, two and three-bedroom apartments as well as commercial and retail space.

The development will retain the heritage-listed milk bottle and clock towers that are synonymous with the former Dairy Farmers building.

“We are thrilled to receive our development approval,” Thirdi director Luke Berry said. 

“We wanted Dairy Farmers Towers to be a West End icon, a landmark reborn to create a new chapter as a great place to live, work and play.”

The two towers will stand at 99 metres and 90 metres tall respectively, while the commercial and retail side of the development will be contained to an adjoining five-storey building. 

Thirdi bought the site from developer Jeff McCloy in 2020.

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The Dairy Farmers project is set to deliver 184 one, two and three-bedroom apartments over two towers, topping a five-storey residents’ only shared work hub with over 1600 sqm of commercial and retail space.

Poised to bring the next generation into the property market, heavyweight property developer Third.i has received the green light from the City of Newcastle council to bring its latest offering to reality, the Dairy Farmers Towers project in the heart of Newcastle’s West End.

The project burst onto the market just a few months ago, drawing buyer attention before the project had even launched.

The Dairy Farmers project is set to deliver 184 one, two and three-bedroom apartments over two towers, topping a five-storey residents’ only shared work hub with over 1600 sqm of commercial and retail space.

Third.i is also one of the largest providers of Specialist Disability Accommodation apartments along the East Coast of Australia, partnering with numerous Specials Independent Living Advisors to provide suitable accommodation in their large scale developments, including Dairy Farmers Towers, which will deliver eight SDA apartments.

With development approval under its wing, Third.i will commence construction in the third quarter of this year with expected completion for the back end of 2024.

The project will offer an exclusive deposit scheme, a first for Newcastle, in collaboration with CoPosit, which will see a fee-free app-based service allowing buyers to purchase a property with just $10,000 in savings, with the remainder of the deposit paid over weekly instalments.

Third.i Co-Founder and Director, Luke Berry, says the DA approval paves the way for Third.i to fulfil a dream to help people enter and re-enter the property market with overwhelming local support from hungry buyers.

“We are thrilled to receive our development approval from the council for Dairy Farmers Towers, a project that is providing achievable deposit schemes for those looking to secure their slice of the real estate market,” said Berry.

“The West End is quickly becoming Newcastle’s beckoning lifestyle hub, complete with an eclectic mix of urban flair and character. Dairy Farmers Towers joins our stable of West End projects and has already become a legacy project for everyone to enjoy. When you’ve also got the CoPosit initiative to help Australians purchase their first homes, I couldn’t be prouder of the calibre that will soon be brought to life with this DA approval,” he added.

Berry also noted how using the scheme could save buyers money in the long run as well as securing a new build property now, rather than buying one after competition at a higher price, which sees a lot of buyers traditionally priced out of the market.

Dairy Farmers Towers is set to include a deluxe range of exclusive amenities featuring co-working spaces, cabana pool areas with a lap pool, a wine bar and cellar, a state-of-the-art gym and a Pilates studio, as well as multiple function rooms.

A young buyer who purchased through the CoPosit scheme said that if not for the scheme offered at the project, it would’ve taken them an additional two years to save for a normal deposit.

“What drew me to Dairy Farmers Towers was the bespoke amenities on offer and the opportunity to purchase through CoPosit. I have never seen such a great initiative within Newcastle that assists first home buyers get into the market at such a high-quality level of development,” said the Dairy Farmers Towers buyer.

“The process was really simple and straightforward. I have been really impressed so far with the service and how many people there are to assist with any of my questions. I think more people should consider purchasing with CoPosit because of how easy and rewarding it has been being able to actually put my name on my dream apartment without having to wait another two-years to save my deposit.”

The green-lit Newcastle West site was once home to Dairy Farmers – one of Australia’s largest dairy producers.

In a nod to the history of the site, Third.i has reimagined the heritage-listed, iconic milk bottle and clock towers as part of the project through a pedestrianised, broader public art installation.

“Residents will have some of the best views in town, as well as access to the harbour, great dining and entertainment options, and the transport interchange at their doorstep. We wanted Dairy Farmers Towers to be a West End icon, a landmark reborn to create a new chapter as a great place to live, work and play. With construction commencing later this year, we can’t wait to do exactly that,” concluded Berry.

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• Third.i have announced their second London-based project, Graphite Square, is fastest-selling project worth $200 million in the UK
• Industrial inspired mixed-use development in Vauxhall has already racked up $64 million in sales 
• Project commenced construction in October 2021, set to deliver 160 residences and abundant communal spaces

Australian developer Third.i has announced its London-based development, Graphite Square, is the fastest-selling project worth $200 million in the United Kingdom.

Construction on the mixed-use residential and commercial development began in October of last year, with piling already complete.

Graphite Square, located on Vauxhall Walk, has already observed over $64 million (AUD) in sales since being introduced to the UK market in November 2021. Generating interest in the project are both local and international buyers from London, the greater UK and Asia.

Third.i announced their acquisition of the Graphite Square site earlier this year, which marked the group’s second major development site in London.

Industrial-inspired project pays homage to Vauxhall’s roots

Blending both residential and commercial space, Graphite Square is set to deliver 160 homes and over 7,400 sqm of flexible workspace to the heart of London. The development will span four floors with two public spaces that connect the development to two streets.

The residential element will consist of 110 one to three-bedroom private new homes and 50 one to three-bedroom affordable homes spread across three buildings, ranging from nine to thirteen stories high.

On the top two floors of buildings B & C will be a luxurious collection of two and three-bedroom penthouses.

Construction on Graphite Square is scheduled to be completed in the final quarter of 2024.

Third.i’s Co-Founder and Director of Sales Marketing Luke Berry said it is an amazing achievement for the group to launch a project of this calibre internationally and gain as much traction as it has.

“To officially kick start construction back in October last year on this amazing project is truly incredible and a testament to our hardworking team.

“We had been looking for exciting opportunities in London for quite some time and Graphite Square is the perfect embodiment of our belief in creating better places to live, work and play. I can’t wait to see the project come to life.”

Luke Berry, Third.i co-founder

On board to deliver Graphite Square are Ben Adams Architects, behind the industrially inspired design of the project, and workspace creator Halkin, who will deliver and manage the state-of-the-art co-working spaces.

Once completed, Graphite Square will offer abundant communal spaces and lush gardens to the Vauxhall area.

Vauxhall is rapidly becoming one of London’s most sought-after destinations for young professionals and students. The area boasts affordable and modern housing in proximity to some of the UK’s most respected academic institutions, and provides excellent transport connectivity to the rest of London.

The remaining apartments will be priced from £665,000 to £2,000,000.

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