Australia Property

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The inner west recorded a clearance rate of 74.44 per cent. Of the 90 properties on the market, 54 sold at auction, 12 sold prior, one sold after, and 17 were passed in while six were withdrawn.

Buyers queue up to buy off-the-plan apartments at the sales launch of the Harbourfront Balmain development.
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In Balmain, buyers sacrificed a sleep-in on Saturday morning to queue for up for a chance to snap up a home at a new development.
Eighty out of 121 off-the-plan residences at TOGA’s Harbourfront Balmain were sold at the sales launch on Saturday for a total of more than $100 million.



Furious selling and selection takes place inside the sales suite as the first buyers buy

Mr Fabrizio Perilli, CEO of TOGA Development and Construction, said the sales launch was a success. .
“Over 200 groups visited the display suite over the course of the day, resulting in the sale of over 65 per cent of available apartment stock,” Mr Perilli said.

Harbourfront Balmain is located in one of the last remaining waterfront precincts.

Buyers to scramble for new waterfront homes
The development will house 121 apartments in eight low-rise buildings.
Located at one of the last undeveloped sites on Sydney Harbour, the 12,375sq m development will house eight low-level buildings consisting of one, two and three-bedroom apartments and nine three-bedroom terraces.
Prices of the homes ranged from $760,000 to $2.7 million.

The development will include a gymnasium, an outdoor swimming pool, a large internal oasis garden, a 150m harbour frontage and public walkway.

http://www.dailytelegraph.com.au/newsloc...7118351556

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