A new, yet-to-be-completed apartment complex located in Sydney’s north-western suburb of Lindfield has almost completely sold out in just three days.
Known as Balfour Place, the avant-garde residential structure hosted a sales campaign over the weekend, and of the 59 available apartments for sale, all but one was sold within the first 72-hours.
The staggering achievement elucidates the unendingly strong demand in Sydney’s inner-northern property market, with the campaign generating close to $100 million in sales.
Balfour Place’s project has been created by Third.i, an Australian property development firm, in conjunction with Phoenix Property Investors (PPI) and Coles Limited.
The $180 million residential complex will sit atop a pre-existing Coles supermarket, and the immediate surrounding area will be turned into an “urban oasis encompassing over 7091sqm of retail and hospitality space for the ultimate luxury living opportunity.”
The apartments comprised one, two, three and four-bedroom offerings and have been designed by notable Surry Hills-based architectural firm, Rothelowman.