$180 million Lindfield residences, Balfour Place commences construction amid project sell-out
Construction on Lindfield’s latest destination by developers Third.i, in conjunction with joint venture partner Phoenix Property Investors, has officially kick-started works this week, following a full project sell-out as demand for larger living spaces continues to grow.
Demolition crews have moved in on the $180 million Balfour Place site, set to bring 59 apartments to Sydney’s Upper North Shore, which will be grounded by an urban oasis comprising over 7,091 sqm of retail and hospitality spaces.
The project has been met with a swarm of eager buyers looking to secure their slice of Lindfield, acquiring over $100 million in sales since its launch to market earlier this year. The project, which is set to be built on the existing Coles supermarket site, is estimated to fast-track the development timeline, with construction expected to be completed by November 2024.
Australian builder Conquest has been appointed as the project builders, set to bring Balfour Place to life, adding to an impressive project portfolio of over 2,000 properties, including the Crowne Plaza Sydney Burwood, The Greens Strathfield, La Luna Burwood and Soho Burwood.
Third.i. Co-Founder, Luke Berry said Balfour Place has struck a chord with the Lindfield community and surrounding areas, with the project accommodating the growing need for spacious living.
“Our project provides larger living spaces in an idyllic location with lifestyle amenities at your doorstep,” Berry said.
“We’re proud to announce a project sell-out and that we’ve fast-tracked construction to help meet market demands. Conquest, who are well renowned for delivering buildings of exceptional quality, have been bought on board to deliver Balfour Place.”
“It truly will be a legacy destination for the area and we couldn’t be more thrilled to commence construction,” concluded Berry.
The latest offering will comprise a collection of one, two, three and four-bedroom apartments with private courtyards and a shared rooftop garden space to be built on top of a brand new large format Coles supermarket.
The Coles grocery hub will be double the size of the existing store and will include a Liqourland and heritage commercial space fronting the Pacific Highway, overlooking the Blue Mountains. Over 237 car parking spaces will also be available spanning across two levels.