New residential sales record
31 Aug 2010
A new record sale price for Docklands real estate was set last month with Mirvac selling one of its new riverfront homes at Yarra’s Edge for $6.35 million.
The north-facing four-level home, which features five bedrooms, a swimming pool, wine cellar, home gym and roof top lifestyle area and deck, was sold “off the plan”.
With 571m2 of internal living space and a total of 881m2 of space, the house sold for $6 million, with a private berth also purchased for an addition $350,000.
Mirvac recently released five riverfront homes, seven terrace houses and five home offices in its new River precinct with 14 out of the 17 properties selling for a total of $40 million.
Mirvac Victoria CEO John Carfi said the strong interest in prestige property was very encouraging.
“The ongoing sales activity and interest in River is a vote of confidence in the product, the location and Mirvac’s reputation for quality living,” Mr Carfi said.
Mr Carfi said following the unprecedented sell-out success of the first stages, the latest result was a testament to the desirability of the unique homes and their premium riverfront location.
Developers MAB and Lend Lease are following suit creating low-rise town houses at the ends of their respective precincts elsewhere in Docklands.
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