Developer Thirdi Group has officially unveiled its latest Newcastle project, launching the next piece in their masterplanned WestEnd precinct, the $104 million “Stella on Hannell”.
Thirdi officially opened their WestEnd display suite last Thursday 19 April to much fanfare. Newcastle Mayor Nutali Nelmes was the special guest and speaker for the evening, welcoming more than 200 guests.
Located on the corner of Hannell and Bishopsgate streets in Newcastle’s burgeoning Wickham, Stella on Hannell comprises two 14-storey residential towers offering a mix of one, two and three-bedroom apartments.
Starting at just $420,500 for a one bedroom apartment the launch was a success with 54 apartments sold and 50 per cent of the apartments reserved for purchase.
Thirdi Group director of sales and marketing Luke Berry said interest in Stella on Hannell had been overwhelming.
“To think that we have sold close to $50 million in just two weeks, with the majority sold to local buyers, gives the strongest indication yet that Stella and Newcastle’s WestEnd is the place you want to be.”
“We’ve been getting 50 to 60 enquiries a week and have already had 2000 people register their interest for the launch date.”
Located next to millions of dollars in infrastructure investment including the new $200 million Newcastle interchange Stella is also just a short stroll to the University of Newcastle’s new city campus.
At the launch, Mayor Nutali Nelmes confirmed the council’s commitment to the WestEnd. Highlighting the record $2 billion of infrastructure projects earmarking a once-in-a-generation boom.
The council is only one of many organisations joining the westward march to Wickham – with the New South Wales government recently announcing that it will take 9,000sq m of office space in Wickham.
“Thirdi Group intend to make WestEnd Precinct one of the best areas to live, work and play in Newcastle”
Thirdi Group’s Luke Berry
Stella on Hannell is the developer’s third of four projects for the Wickham precinct, adding to Eaton on Union and WestEnd – the fourth element of the “W.E.S.T” is set to be unveiled in coming months.
Stella on Hannell was named after the daughter of architect Luke Mahaffey of LJM Architecture.