Developer Thirdi is continuing its charge into the regions with a $35-million residential project approved in Coffs Harbour.
Thirdi plans to start preliminary works imminently on Sable at the Jetty, a 35-apartment high-end development on the NSW coast that they plan to launch to market soon.
Thirdi co-founder Luke Berry said Sable at the Jetty was their debut large-scale project in the Coffs Harbour region.
“To have also received the green light from the city council, with construction starting almost immediately after, is just incredible. It’s amazing seeing what we can bring to life, and I can’t wait for Coffs Harbour to finally see this jewel we have put all our energy and focus into,” Berry said.
“We ensure only the best quality offerings are put forward to the market, and our debut development in Coffs Harbour is no exception.
“The jetty is an icon for the city and has come to symbolise the next major chapter of the city’s economic growth. Sable at the Jetty is perfect for singles, couples and families looking to escape the city for a more relaxing and no-fuss coastal lifestyle.”
Thirdi design manager Luke Mahaffey said the development drew inspiration from the local surroundings
“It has been designed to capture the natural environment, capturing views and breezes with plenty of natural ventilation and sunlight,” he said.
“Deep balconies protect against the elements while glazing helps maintain comfort and maximises views from inside.”
Mahaffey has steered the project from acquisition through to development application approval.
Thirdi has also invested heavily in the urban renewal of Newcastle with the Dairy Farmers Towers selling almost $43 million in apartments over a three-month period.
It has also collaborated with ThirdAge for a retirement living project, The Merewether Residences, which has also attracted strong sales of more than $47 million in the same quarter in Newcastle.
Sable at the Jetty is penned to hit the market in the coming weeks and will comprise high-end finishes, state-of-the-art appliances and an unrivalled lifestyle in one of the most idyllic locations along the Mid North Coast of New South Wales.
Australian developers Third.i is gearing up to launch the next gem in the crown for Coffs Harbour, with the $35.5 million Sable at the Jetty project set to hit the rebounding real estate market next month following its official DA approval this week.
The new project has received the coveted green light from the Coffs Harbour City Council to bring 35 residences to the area, with a mix of one, two and three-bedroom apartments.
Render of the Coffs Harbour development, Sable at the Jetty
Sable at the Jetty is penned to hit the market in the coming weeks and will comprise high-end finishes, state-of-the-art appliances and an unrivalled lifestyle in one of the most idyllic locations along the Mid North Coast of New South Wales.
The project will also feature communal spaces including a lush courtyard for all residents.
Third.i Co-Founder Luke Berry said the project adds to the stable of quality homes Third.i is renowned for and is thrilled to be launching the group’s debut large-scale project in the Coffs Harbour region.
“We ensure only the best quality offerings are put forward to the market, and our debut development in Coffs Harbour is no exception. It’s all about elevating our buyers’ lifestyle, with premium apartments and different layouts and configurations to suit each and every one of our potential buyers,” said Berry.
“To have also received the green light from the city council, with construction starting almost immediately after, is just incredible. It’s amazing seeing what we can bring to life, and I can’t wait for Coffs Harbour to finally see this jewel we have put all our energy and focus into.
The Jetty is a renowned landmark for the city of Coffs Harbour, and has come to symbolise the next major chapter of the city’s economic growth.
Render of the Coffs Harbour development, Sable at the Jetty
“With the convenience of the city centre close by, yet outside of the hustle and bustle, Sable is perfectly located for convenience and peace of mind. A range of gyms, shops, cafes and restaurants, as well as transport options are all within walking distance,” Berry said.
Designed by Third.i Design Manager, Luke Mahaffey, Sable at the Jetty draws inspiration from the local surroundings and a modern coastal design to deliver a rare luxury lifestyle opportunity.
The project reflects the colours and textures of the coastal water, sand and local flora and fauna, designed to capture the natural environment, capturing views and breezes with plenty of natural ventilation and sunlight.
Mahaffey has personally created and managed the design of the project from the acquisition stage through to working with the local council members to secure DA approval.
Located on the corner of Collingwood and Edgar Streets, Sable at the Jetty is within walking distance from the beach, local schools, cafes and shops, with the project encompassing sweeping views of the local beaches, as well as views into the rainforest.
The project also offers numerous transport links at the door of the site.
Render of the Coffs Harbour development, Sable at the Jetty
“Sable at the Jetty is ideal for any buyer at any stage of life. You’ve got so many amenities at only a stone’s throw away and offers the perfect lifestyle for people to live and play,” concluded Berry.
The latest offering from Third.i joins a growing list of first-class developments across Australia’s eastern seaboard, including Dairy Farmers Towers in Newcastle, Balfour Place in Lindfield, the highly anticipated Warada on Walker commercial precinct in the North Sydney CBD and the Merewether Residences in Newcastle, set to redefine retirement living.
As you walk into Luke Berry’s office, the word ‘Optimism’ is written on the wall in every language possible.
“The environment we want to create for our staff is one that allows them to shine, challenge themselves in the right way and be optimistic about what they are creating with us at work. We believe there is never a bad idea and we often say ‘It’s no use having a good idea unless you’re willing to do something with it and make it a great one’, so every day it’s ‘Welcome to optimism – feel free to challenge yourself and be as innovative as you can.’”
From country boy to Co-founder and International Director of Sales & Marketing, Luke Berry’s optimism and innovative brilliance has now certainly taken flight across the globe. Third.i have transacted more than $2billion of residential, commercial, and mixed-use developments across the UK and Australia most of which have been sold out before construction commenced. The group currently have more than $3billion of work in the pipeline and they also have offices/operations in Singapore and are soon looking to expand into Hong Kong.
“Internationally people find us Australians quite unique. We work hard down here and although we have one of the best property systems in the world, we also have one of the hardest to navigate from a property development point of view. In the UK, they have a very similar market and are also experiencing similar housing shortage issues to Australia, however the key difference is that both the UK government and financial systems are more willing to engage with the private sector and co-invest with businesses like ours to create housing. The roadblocks that we have in Australia such as pre-sales and foreign ownership are simply not present in the UK. Australian Developers are conditioned to navigate these challenges on their own, but in the UK, the Government will buy off the plan at launch and banks will allow more property to be sold to foreign investors”.
As you can imagine this is a game changer for us and we are building our UK business based on the Australian way of doing things. With less restrictions we are amplifying our growth and ‘so far, so good’. It seems the ‘establishment’ are getting blown away by our approach and capability and hopefully this continues into the future, and we can continue to be successful over there”.
Graphite Square – Vauxhall Walk, London UK
“The design, the architecture, the way our buyers experience buying off the plan, everything we do at Third.i has that flair of innovative brilliance. ‘Creating legacies, we are proud of through innovative brilliance” has been our tagline since we started the business so it’s very important to us and I believe it is a one of our greatest keys to success.”
Luke’s passion for property, building and attention to detail started at his family roots in Gunnedah, Country NSW. His father was a carpenter, and his grandfather and great grandfather operated a large-scale home builder and hardware in Gosford NSW, so property and construction are in Luke’s DNA.
As such he always enjoyed building and wanted to venture into real estate eventually, but loved marketing, so when he was 24, he started his first business importing innovative marketing products with his now business partner Bob Huxley.
“Bob was working in real estate at the time, and we always had the intention to carry through that same innovative brilliance into our property business.”
And that they certainly have with Third.i now an industry recognised and award-winning developer both in Australia and throughout Asia.
“As we launched Third.i Group, Ron was working as a financial planner and as soon as we secured our first project, he joined us to focus on finance and ops. He has since led the business and helped establish many of the joint ventures and funding structures that Third.i now employs with business partners both here in Australia and overseas.”
In typical Third.i fashion, this company has grown, transformed, and diversified into many different sectors and they have done it with flair and carefully considered risk. Starting out in Australian residential, their journey has led them into the commercial sector, retirement homes, NDIS housing and more, across both Australia and the UK. To name a few, Graphite Square London was crowned the fastest selling project in the United Kingdom, Mereweather Golf Club is being re-developed into a boutique collection of over 55’s residences, and the Dairy Farmers Towers in Newcastle will soon become a new iconic residential landmark across the city skyline.
Dairy Farmers Towers Residential Development – Newcastle
Luke spoke about each of these projects with equal enthusiasm however the following were some that stood out from the rest.
Warada on Walker is a particularly brilliant and innovative project in North Sydney where Third.i identified great possibility amongst adversity. Being conceived during the bushfires and designed during the pandemic, the Waratah flower was used in their marketing to symbolize the beauty of the building and the resilience of not only the workplace after the pandemic but also of society. A Waratah flower blooming shows how we too have been revived, being more aligned with the needs of humanity and the world we live in today. This commercial project is designed to be a part of that new world.
Warada on Walker is “a resilient and resounding workplace for the future…re-inventing flexibility and sustainability with unrivalled workplace amenity”
“It has been a challenge getting people back to the workplace however I think we’ve cracked the code on creating an office that is going to inspire people. We’ve created a brand, and a compelling story together with genuine incentives to return to the office. We’re creating a 1500sqm fitness playground which is free 2 days a week to the employees of the tenants. We’ve addressed health and wellness, ESG, food & beverage, collaborative workspaces, and business flex on their leases. We’ve created this to get staff excited and change the way people think about how offices should work.”
Warada on Walker – North Sydney
The Kurraba residences would also have to be one of Australia’s most ideally positioned and perfectly curated residential projects, with front row views of the Sydney Harbour. The project was a collaboration of star talents SJB, Matheison Architects and Danger Barin Smith who, together with Third.i and Phoenix Property Investors created a world-class lifestyle opportunity in Kurraba Point. Excitingly, the master residence, a 640sqm apartment is listed for sale at $50million that will soon set a likely set a record for this part of Sydney.
Architects SJB articulated it perfectly, “…it’s that confident, well-dressed building that sits on the headland and engages with the landscape….”
In addition to creating high-end masterpieces, cutting edge marketing campaigns, and working towards combatting climate change, Luke Berry is also committed to creating one of Australia’s largest networks of Specialist Disability Accommodation along the East Coast.
“As a developer you have opportunity but with that comes responsibility. When you build what we build it’s there for generations so if you don’t think the way we think and leave the world a better place, then we’re not doing right by our children and their children. That legacy we want to create and leading by example is something we’re very passionate about.”
Luke tells the story about a 19-year-old boy who broke his back in an accident and was living in a nursing home due to there being no alternative suitable accommodation available to him. One of Third.i’s SDA apartments gave him back his independence in an environment that someone of his age could enjoy living in. So profound was that experience, that it led Third.i into committing to creating 150 SDA properties by 2025 and so far, they are 50% of the way through…
Driven, diverse, on-purpose, passionate and creative. Many things come to mind when you think of Third.i. They are a developer that are making a difference not only to their own pockets but to lives around them, taking ‘innovative brilliance’ to another level with each project they embark on; each time, seeking to discover and create something new that distinguishes them from the rest whilst creating a positive legacy.
“I’m always looking for different angles, and to challenge ourselves to do better.” Luke states. “I’ve always thought on my feet and like to think that Ron, Bob and myself are good at thinking outside the square we live in, because one of our pet hates is hearing the words ‘we can’t do that as that’s just not how it’s done’. We love bringing in different types and levels of thinking and remaining competitive and challenging ourselves to be innovative. It’s just the way we are built.”
Third.I and iNSiTU Housing have teamed up to deliver accessible homes and amenities for NDIS participants along Australia’s east coast.
The partnership expansion between the two entities will see an increase in accessible housing created by Third.I. All of the developer’s projects in Newcastle feature SDA apartment offerings, and hopes to bring U-Homes to Port Macquarie, Coffs Harbour and Tweed Heads.
iNSiTU have been assisting NDIS participants with accessible housing since 2014. Caitlyn Morrissey, an NDIS participant who is wheelchair bound, came across the company after struggling to secure an accessible residence.
“Before iNSiTU I was living and renting with my family on our farm in rural New South Wales so I couldn’t access care facilities and lifestyle amenities. I wasn’t able to live my life properly,” she says.
“From when I approached Insitu to where I am now, I couldn’t fault the amazing team at iNSiTU for all their hard work. The process for SDA funding can be a time consuming process and the Insitu team has made the process absolutely worth it. They kept me up to date, were calm and ensuring and helped ease my transition from rural living to urban care.
“I’ve been in Newcastle in my apartment now for around eight months and I couldn’t be happier. The level of offering for an accessible home is just outstanding and a testament to Third.i. I now live right near the train station so I am finally able to access everything I need easily. I have more access to a greater lifestyle and access to more activities.”
Third.I’s Eaton on Union, where Morrissey resides, comprises 10 purpose-built SDA apartments that are NDIS compliant. Ashleigh Button, iNSiTU’s General Manager, says the company has been built on a desire to ensure people with disabilities are provided with the tools needed to live free of stresses caused by inaccessible housing.
“At iNSiTU Housing, we believe we have the opportunity and responsibility to enable people with disabilities the right to equality within our communities and that includes the availability of suitable accommodation,” she says.
“We help thousands of people access the perfect homes for their needs and it’s incredible seeing cases like Ms Morrissey’s and the way we’ve been able to play a part in changing her life, it’s in incredible feeling and I couldn’t be happier to work with Third.i to deliver change in our communities.”
PROPERTY developer Third.i is partnering with specialist disability accommodation provider iNSiTU Housing to deliver greater access to accessible homes for NDIS participants.
The partnership will see more Specialist Disability Accommodation (SDA) residences for NDIS participants across the east coast of Australia, with a focus on delivering innovative housing solutions for homes with tailed facilities.
The new project will include 10 purpose built SDA apartments that are NDIS compliant, with management by a subdivision of Third.i, Thirdicare.
“At iNSiTU Housing, we believe we have the opportunity and responsibility to enable people with disabilities the right to equality within our communities and that includes the availability of suitable accommodation,” said Ashleigh Button, general manager at iNSiTU Housing.
Since its inception in 2021, the partnership between iNSiTU Housing and Third.i have seen more than 150 accessible properties delivered.
This includes apartments at one of Third.i’s debut cornerstone Newcastle projects, Eaton on Union.
Located in the centre of Third.i’s emerging precinct in Newcastle, Eaton on Union comprises two residential towers offering a mix of one, two and three-bedroom apartments, with open-plan designs, spacious outdoor areas and access to an exclusive rooftop residents-only garden.
“We help thousands of people access the perfect homes for their needs and it’s incredible seeing cases like Ms Morrissey’s and the way we’ve been able to play a part in changing her life, it’s in incredible feeling and I couldn’t be happier to work with Third.i to deliver change in our communities,” added Button.
Third.i is looking to expand its partnership with iNSiTU Housing, creating one of the country’s largest networks of SDA housing across the eastern seaboard, including SDA apartments offerings across all of Third.i’s Newcastle offerings.
Third.i recently reported nearly $90 million in sales across the Newcastle region in a three month period, as the developer launched its freshly approved Dairy Farmers Towers, in the West End and its retirement living offering, The Merewether Residences.
Third.I’s investment into Newcastle has bore fruit for the developer despite nationwide property downturn, with nearly $90 million in sales acquired in the last quarter of the financial year.
This follows on from the recent DA approval for Dairy Farmers Towers in Newcastle’s West End. The project accrued more than $42.5 million in sales in the last quarter, with retirement living development The Merewether Residences garnering over $47 million. Third.I already have three projects completed in the city, with Stella on Hannell, Eaton on Union and The West End Apartments all sold out.
Major cities across the country are seeing house prices fall, while regions like Newcastle have continued to grow.
“Third.i is in the midst of delivering a much-needed transformation of Newcastle’s West End precinct into a vibrant, bustling centre complete with residential living, commercial hubs and special disability accommodation for NDIS participants,” says Third.i Co-Founder Luke Berry.
“Whilst there’s been a downturn in the real estate market over the last few months due to increasing construction costs and rising interest rates, we haven’t seen a decline in activity throughout the Newcastle region.
“Newcastle is definitely defying this downturn as we’ve recorded almost $90 million in sales in just three months alone from March to June across our latest residential and retirement living projects. Demand is still high from eager buyers from the larger cities seeking out the more relaxed and affordable lifestyle Newcastle has to offer.
“Newcastle really is an underrated gem as it has everything you could ever want in a city without the continuous hustle lifestyle in major cities like Sydney. From bars and dining to restaurants and other lifestyle amenities including the large shopping centres to cater for everyone’s needs, the region is the perfect escape for those who still want a city life paired with peace and a more relaxed lifestyle.”
Third.i has established a growing legacy in Newcastle’s West End precinct, offering high quality residential projects with state-of-the-art SDA apartments and commercial and retail spaces to accommodate a growing demand for relaxed living.
The recently green-lit Dairy Farmers Towers, which launched to market earlier this year, is set to comprise 184 one, two and three-bedroom apartments over two towers and will deliver 8 SDA apartments. With construction slated to commence in late September 2022, the project will also bring to life a five-storey residents’-only shared work hub with over 1600 sqm of commercial and retail space.
The Merewether Residences will also provide 140 luxury one, two and three bedroom apartments for Newcastle seniors. The $120 million project will be topped by 16 stunning penthouses each with a rooftop spa terrace and expansive views overlooking the golf course.
Third.I is looking to strengthen partnership with iNSiTU Housing, in a bid to create one of the largest SDA Housing networks on Australia’s east coast. All Newcastle projects by the developer feature SDA offerings, with more slated for projects in Port Macquarie and Coffs Harbour.
Third.i Co-Founder, Luke Berry said that while there had been a downturn in the real estate market over the last few months, they hadn’t seen a decline in activity throughout the region.
Australian developer Third.i is playing their part in the charge to revitalise the Newcastle region, with a swarm of buyers snapping up almost $90 million in sales in the last quarter of the financial year.
The group has an array of projects currently transforming Newcastle, with the most recent addition landing in the heart of West End, with the development approved Dairy Farmers Towers development.
The project accrued more than $42.5 million in sales between March and the end of June this year, defying a growing property downturn in Newcastle, while Third.i’s latest collaboration with ThirdAge for retirement living, The Merewether Residences, secured over $47 million in the last quarter.
The developments join a stable of completed projects in Newcastle including Third.i’s three sold-out and completed residential buildings in the West End – Stella on Hannell, Eaton on Union and The West End Apartments.
The latest data from PropTrack’s Home Price Index saw national home prices fall substantially from what it calls the sharpest slowdown in more than 30 years across major cities including Sydney and Melbourne, while in comparison, more affordable lifestyle regions including Newcastle have continued to grow.
Third.i Co-Founder, Luke Berry said that while there had been a downturn in the real estate market over the last few months, due to increasing construction costs and rising interest rates, they hadn’t seen a decline in activity throughout the region.
“Newcastle is definitely defying this downturn as we’ve recorded almost $90 million in sales in just three months alone from March to June across our latest residential and retirement living projects,” Berry said.
“Demand is still high from eager buyers from the larger cities seeking out the more relaxed and affordable lifestyle Newcastle has to offer.
“Newcastle really is an underrated gem as it has everything you could ever want in a city without the continuous hustle lifestyle in major cities like Sydney. From bars and dining to restaurants and other lifestyle amenities including the large shopping centres to cater for everyone’s needs, the region is the perfect escape for those who still want a city life paired with peace and a more relaxed lifestyle,” concluded Berry.
The recently green-lit Dairy Farmers Towers, which launched to market earlier this year, is set to comprise 184 one, two and three-bedroom apartments over two towers and will deliver eight SDA apartments.
With construction slated to commence in late September 2022, the project will also bring to life a five-storey residents’-only shared work hub with over 1600 sqm of commercial and retail space.
The group’s Merewether Residences will also provide 140 one, two and three-bedroom apartments to the area, in a bid to raise the bar in retirement living.
With construction also starting later this year, the $120 million project will be topped by 16 penthouses each with a rooftop spa terrace and expansive views overlooking the golf course.
PROPERTY developer Third.i has pulled in nearly $90 million in sales across the Newcastle region in the last three months, as lifestyle cities outside the capitals continue to attract buyers.
Third.i’s recent range of developments in the coastal city include its freshly approved Dairy Farmers Towers, in the West End and its retirement living offering, The Merewether Residences.
“Newcastle is definitely defying this downturn as we’ve recorded almost $90 million in sales in just three months alone from March to June across our latest residential and retirement living projects. Demand is still high from eager buyers from the larger cities seeking out the more relaxed and affordable lifestyle Newcastle has to offer,” said Luke Berry, co-founder of Third.i.
These are the latest two developments in Third.i’s Newcastle portfolio, joining the three completed West End projects, Stella on Hannell, Eaton on Union and The West End Apartments.
“Third.i is in the midst of delivering a much-needed transformation of Newcastle’s West End precinct into a vibrant, bustling centre complete with residential living, commercial hubs and special disability accommodation for NDIS participants,” added Berry.
“Whilst there’s been a downturn in the real estate market over the last few months due to increasing construction costs and rising interest rates, we haven’t seen a decline in activity throughout the Newcastle region.”
Between March to 30 June 2022, Dairy Farmers Towers saw more than $42.5 million in sales, with The Merewether Residences bringing in more than $47 million over the same period.
According to PropTrack’s Home Price Index, while major cities such as Sydney and Melbourne are witnessing their “sharpest downtown in more than 30 years”, more affordable regional locations, especially those with lifestyle benefits, are still on the up.
“Newcastle really is an underrated gem as it has everything you could ever want in a city without the continuous hustle lifestyle in major cities like Sydney. From bars and dining to restaurants and other lifestyle amenities including the large shopping centres to cater for everyone’s needs, the region is the perfect escape for those who still want a city life paired with peace and a more relaxed lifestyle,” concluded Berry.
Third.i is now eyeing off the Port Macquarie and Coffs Harbour regions to the north, and further up to Tweed Heads at the NSW border, for its U-Homes offering.
While in May, Third.i and Toohey Miller’s Warada on Walker development was given the go ahead by the North Sydney Council, before appointing Roberts Co to construct the $650 million project in July.
Third.I will continue its participation in the urban renewal of Newcastle with the announcement of its latest project, titled the Dairy Farmers Towers.
The 184-residence project will feature two towers, and will also feature eight specialist disability accommodation apartments. The development also features a shared work hub with over 1,600sqm of commercial and retail space. The project pays homage to the history of the site, with the heritage-listed architecture to be thoughtfully restored.
According to CoreLogic, Newcastle currently averages an annual growth rate of 29.5 percent, with buyers looking to purchase in the city. Third.i’s Co-Founder and Director, Luke Berry, says the company is looking to capitalise on the region’s growth potential.
“The Newcastle area is an underrated gem and is home to a laid back, natural lifestyle. It has everything you could ever want in a city without the hustle and bustle you’ll find in Sydney. From bars and dining to restaurants and other lifestyle amenities including the large shopping centres to cater for everyone’s needs, the region is the perfect escape for those who still want a city life paired with peace and a more relaxed lifestyle,” he says.
“Post-Covid we saw many buyers evaluate their lifestyle and have recognised the value in what Newcastle has to offer and Third.i has certainly seen this. We’ve already established a growing legacy in the West End precinct, offering high quality residential projects with state-of-the-art SDA apartments and commercial and retail spaces to accommodate this growing need. We’re always looking to expand our presence in Newcastle and identify how we can invest in the area.
“The West End is quickly becoming Newcastle’s beckoning lifestyle hub, complete with an eclectic mix of urban flair and character. Our Dairy Farmers Towers project is our latest to join our workbook in the area and we can’t wait to see what our future holds for future projects in Newcastle.”
Third.I have already completed three sold-out projects in the steel city, including Stella on Hannel, Eaton on Union and The West End Apartments. Third.i is also bringing a new offering of retirement living to Newcastle with a joint project between ThirdAge, a subdivision of the parent company, and the Merewether Golf Club that will comprise 148 luxury one, two and three bedroom apartments.
Third.I is currently expanding its partnership with iNSiTU Housing, which the developer hopes will help to create one of the largest SDA Housing networks on Australia’s east coast. All Newcastle projects by the developer feature SDA offerings, with more slated for projects in Port Macquarie and Coffs Harbour.
Australian developer Third.i expresses desire to invest further in the Newcastle region
Comes as the developer is in the midst of delivering several local projects, including Dairy Farmers Towers
Newcastle was described by Third.i co-founder Luke Berry as an “underrated gem”, as housing values rise 15% in the past 5 years
Australian developer Third.i is seeking to expand its Newcastle portfolio, after receiving development approval for its Dairy Farmers Towers project.
Third.i is currently delivering several projects across Newcastle’s West End, including a residential living hub, commercial hubs, and special residences for NDIS participants.
However, Co-founder and Director Luke Berry said the development group wishes to invest further in the Newcastle area, recognising its unique long-term growth potential.
Newcastle thriving post-Covid
Newcastle, located North of Sydney, has gained popularity with buyers causing the median house sale price to rise by 15% in the past 5 years, according to realestate.com.au.
Similarly, the median unit sale price has risen by 17% in the past 5 years, averaging an annual growth rate of 29.5%, according to CoreLogic.
Mr Berry described Newcastle as an “underrated gem”, home to a laid-back lifestyle with all of the perks of the city, minus the hustle and bustle.
“From bars and dining to restaurants and other lifestyle amenities including the large shopping centres to cater for everyone’s needs, the region is the perfect escape for those who still want a city life paired with peace and a more relaxed lifestyle,” said Mr Berry.
Mr Berry added that many buyers are re-evaluating their lifestyle in the post-Covid world, seeing the value in Newcastle.
“We’ve already established a growing legacy in the West End precinct, offering high-quality residential projects with state-of-the-art SDA apartments and commercial and retail spaces to accommodate this growing need.”
“We’re always looking to expand our presence in Newcastle and identify how we can invest in the area,” Mr Berry added.
New developments for shiny Newcastle
Third.i’s intention to continue its Newcastle expansion comes off the back of the group’s latest project to receive development approval, Dairy Farmers Towers.
The two tower project will deliver 184 one, two and three-bedroom apartments and 8 SDA apartments to the Newcastle area, in addition to a five-storey exclusive commercial and retail hub.
Dairy Farmers Towers is set to be completed in 2022 and will join an already impressive portfolio of Third.i projects in Newcastle’s West End including Stella on Hannel, Eaton on Union and The West End Apartments.
“The West End is quickly becoming Newcastle’s beckoning lifestyle hub, complete with an eclectic mix of urban flair and character.”
Luke Berry, Third.i Co-founder and Director
“Our Dairy Farmers Towers project is our latest to join our workbook in the area and we can’t wait to see what our future holds for future projects in Newcastle,” said Mr Berry.
Third.i also has plans for a retirement living centre in place, entitled ‘The Merewether’. The $120 million development will be created in partnership with its child company, ThirdAge, and will comprise of 148 luxury one, two and three-bedroom apartments.
The Merewether will be topped by 16 premium penthouses, each with a rooftop spa terrace that overlooks the golf course.
Render of the Coffs Harbour development, Sable at the Jetty
Render of the Coffs Harbour development, Sable at the Jetty
Render of the Coffs Harbour development, Sable at the Jetty
