Month: December 2022

Balfour Place comprises a collection of one, two, three and four-bedroom apartments with sweeping views to the south-west, topped by a residents-only rooftop garden with communal facilities and a central podium courtyard with fresh greenery.

Following its full project sell-out amid commencing construction just last month, Third.i’s $180 million project, Balfour Place has taken home the win for two awards at this year’s PropertyGuru Asia Property Awards.

The Lindfield project was officially named the Best Low Rise Mixed Use Development of 2022 along with receiving the country award for Best Mixed Use Development (Australia) in the grand final.

The award-winning project sold over $100 million in sales in its launch weekend alone, shortly securing the final sales thereafter to achieve its sell-out status.

After conducting market research and listening to the needs of the community, Third.i reduced the number of apartments on its development application as there was high demand for spacious living arrangements. 

As a result, apartment numbers were dropped from 70 to 59, with the residences set to sit atop a new 4,500 sqm Coles Supermarket, a cafe and a heritage building that will be restored and leased as a commercial office space and beauty offering.

Balfour Place comprises a collection of one, two, three and four-bedroom apartments with sweeping views to the south-west, topped by a residents-only rooftop garden with communal facilities and a central podium courtyard with fresh greenery.

Construction crews have now kick-started works to bring the award-winner to fruition, with Australian builder Conquest appointed to the build, with completion slated for November 2024.

Third.i. Co-Founder, Luke Berry said Balfour Place is a prime example of how the group is building communities that align with the needs of the market. 

“The level of design and architecture has been carefully curated and I think it’s struck a chord with buyers who have recognised that we had larger living spaces on offer in an idyllic location  with lifestyle amenities on your doorstep,” he said.

“It truly will be a legacy destination for the area and we couldn’t be more thrilled to commence construction,” concluded Berry.

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Sable at the Jetty joins a growing list of developments in Third.i’s portfolio across Australia’s eastern seaboard, including Dairy Farmers Towers in Newcastle, Balfour Place in Lindfield, the Warada on Walker commercial precinct in the North Sydney CBD and the Merewether Residences in Newcastle.

Growth in regional cities has impacted Third.i’s first project in Coffs Harbour, with the group selling over 90 per cent of the residences within weeks on the market. 

The $35.5 million project, Sable at the Jetty, was met with a swathe of buyers searching for a sea-change, with only a handful of apartments still available, priced from $650,000 through to $2.35 million.

Early works are expected to commence this year, with the project due for completion by the second quarter of 2024.

Located on the corner of Collingwood and Edgar Street, Sable at the Jetty will deliver a collection of one, two and three-bedroom apartments upon completion. 

Combining high-end finishes with state-of-the-art appliances, the project will tap into the mid north coast’s beauty, with a number of lush communal spaces planned, including a landscaped courtyard for the use of all residents. 

Sable at the Jetty is within walking distance from the beach, local schools, cafes and shops, and also offers numerous transport links on the doorstep of the site. 

Sable at the Jetty joins a growing list of developments in Third.i’s portfolio across Australia’s eastern seaboard, including Dairy Farmers Towers in Newcastle, Balfour Place in Lindfield, the Warada on Walker commercial precinct in the North Sydney CBD and the Merewether Residences in Newcastle.

Co-Founder Luke Berry said drawing on the fact their debut project has been met with a swarm of interest, regional cities are seeing a steady increase in growth, with Third.i joining the drive behind the growth. 

“We’re delivering a much-needed transformation to other cities including Newcastle, but we’ve now set our sights on Coffs Harbour after recognising the growth potential of the area and how we can invest in the market,” Berry said.

“While real estate activity has slowed across much of the country this year, it’s been great to see regional cities, including Coffs Harbour, defy this downturn and we’re excited to see what further opportunities may exist in the region.”

“The northern New South Wales coastline, particularly around the Coffs Coast, is an underrated gem and is the perfect escape for those who want a peaceful and more relaxed lifestyle.” 

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