The Monroe

All 33 apartments over nine storeys were sold prior to commencement of construction by Hutchinson Builders

Their extensive workbook sees Hutchinson's deliver around $2.5 billion worth of projects annually, everything from sports stadiums to hotel towers.

The Monroe all-but sold out in May after just two weeks, while Del Ray didn't even hit the open market, selling all of its 72 apartments prior to its launch

Lacey Group know the area well, having had success on the same street where they sold out The Jefferson, the $32 million development of 46 apartments.