Third.i release Dairy Farmers second stage with $10k deposit offer
Developer Third.i has released the second stage of apartments at its Dairy Farmers Towers in Newcastle, with buyers able to buy with just a $10k deposit.
Following the $10k transaction, buyers will then pay off the remaining deposit in weekly instalments.
Since its launch to market in late 2021, Dairy Farmers Towers has sold over 70 per cent of the entire project with demand from buyers continuing to soar amid tough market conditions.
Third.i’s Co-Founder Luke Berry anticipates remaining apartments won’t last long as regional cities across the New South Wales coastline witness continued heightened sales activity despite a slowing market.
“Works at Dairy Farmers Towers commenced in November last year and we anticipate building works will wrap up in the first quarter of 2025. This project is the heart and soul of Newcastle’s revitalisation, and I can’t wait to see each and every buyer make their new house a home over the coming years."
Early works kicked off late last year to bring Dairy Farmers Towers to life, which will comprise 180 one, two and three-bedroom apartments, over two towers and, in a Newcastle first, an exclusive residents’ only shared work hub, alongside other blue chip amenities including yoga studio, sprawling outdoor gardens and an elevated North facing outdoor swimming pool and sundeck.
As one of the largest providers of Specialist Disability Accommodation along the east coast of Australia, the project will also offer eight SDA apartments in partnership with iNSiTU Housing.
Third.i’s revitalisation of Newcastle continues following its debut projects WEST Newcastle, Eaton on Union and Stella on Hannell, with Dairy Farmers Towers adding to its growing $4 billion property portfolio across Australia and the UK.
As the group continues to expand internationally, Third.i is also set to deliver a range of residential and commercial offerings across NSW and London.