Toga sells 80 percent of One Twenty Macquarie

Toga sells 80 percent of One Twenty Macquarie
Toga sells 80 percent of One Twenty Macquarie

Developer TOGA Group said it sold 80 percent of its new 192-apartment residential tower "One Twenty Macquarie" in Macquarie Park in Sydney's north within four hours  of launching on Saturday morning. 

More than 50 percent of the buyers were owner-occupiers.

Buyers at the launch exchanged $130 million in contracts for apartments after buyers queued from 8am.

Toga sells 80 percent of One Twenty Macquarie

Toga chief executive Fabrizio Perilli said One Twenty Macquarie’s prime location in Macquarie Park’s bourgeoning satellite city coupled with the exceptional views on offer, were among the reasons more than 150-apartments were snapped up within four hours of release.

“This is a strong result and highlights the underlying demand for quality apartments with superb views and lifestyle amenities in an attractive satellite city,” Mr Perilli said.

Buyers were provided the opportunity to nominate apartment preferences in the lead up to the March 5 sales launch; minimising disappointment.

“Two and three-bedroom apartments proved to be particularly popular with the turnout of buyers on the day,” Mr Perilli added.

Toga sells 80 percent of One Twenty Macquarie

Toga is fast approaching its 1000th sale at Macquarie Park following the weekend result, given its sold out 618-apartment development Macquarie Central and Macquarie Green; a 164-apartment development now 90 per cent sold.

Prices of apartments started from $600,000 for a one-bedroom. For more information, click here.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

Tags: 
Apartments Residential Sales

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