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.

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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.

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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. 

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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.

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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.

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• 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.

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Australian property group Third.i will expand its Newcastle commercial development portfolio after gaining DA approval for their project in constructing the Dairy Farmers Towers.

The move aims to transform the suburb’s West End precinct into commercial hubs, residential living and disability accommodation for NDIS participants.

Development for the Dairy Farmers Towers in the West End precinct in Newcastle has been approved.

Recent data from realestate.com.au shows median house sale prices in Newcastle have grown over 15 per cent in the past year – driven by buyers looking to secure their place in Newcastle booming property market.

The Dairy Farmers Towers comprises 184 apartments over the two towers with construction slated to commence later this year.

Construction on the Dairy Farmers Towers is set to commence later this year.

Spanning 1,600 sqm of commercial and retail space, the project will join Third.i’s other completed projects in the West End including Stella on Hannel, Eaton on Union and The West End Apartments.

According to the developer’s co-founder and director Luke Berry, the project will reimagine the heritage-listed architecture.

The project joins other projects either recently completed or underway – including Stella on Hannel, Eaton on Union and The West End Apartments.

“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,” Mr Berry said.

“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.”

The development aims to provide an assortment of one-bedroom, two-bedroom, and three-bedroom apartments.

Newcastle experienced a rapid change in the post-pandemic period, with residential projects, commercial, and retail spaces arriving to market to accommodate the growing population.

Mr Berry said The West End was quickly becoming Newcastle’s lifestyle hub.

A view of the rooftop pool.

“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”

The development of the Dairy Farmers Towers coincides with a new retirement living project that comprises 148 luxury one, two, and three bedroom apartments.

Nicknamed “The Merewether”, the $120m construction is due to start later this year and will include 16 penthouses – each of which will feature a rooftop spa terrace and views overlooking the Merewether Golf Course.

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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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