Mirvac's Yarra Point tower 90% sold as construction completed
Construction on Mirvac’s Yarra Point tower in the waterfront precinct Yarra’s Edge is now complete, with 90% of residential apartments sold totalling over $150 million in sales.
The 31-level tower consists of 201 apartments in the sixth apartment tower within the Yarra Edge precinct.
A limited number of one, two and three-bedroom apartments and Sky Residences remain, starting from $595,000 to $1.4 million.
“We are pleased to announce that construction is complete at our luxurious waterfront address, a continuation of Yarra Point’s success story to date,” says John Carfi, chief executive officer of Mirvac Residential.
Construction on the $191 million development was completed a month ahead of schedule.
“We expect to see this momentum at Yarra Point to continue over the coming months now that our prospective purchasers can see for themselves the degree of space, quality and craftsmanship in our remaining apartments,” says Carfi.
The tower features one, two and three-bedroom apartments ranging in size from 55 square metres to 214 square metres.
The tower features a two-level lobby - acting as an extension of the outdoors - with mature trees, succulents and bluestone.
Residents will also have use of a 300-square-metre rooftop garden, lounge, gymnasium and a business centre.
Property Observer recently reported on the styling of a 31st floor sky residence with furnishings from Oly San Francisco.
Construction has commenced on Mirvac’s seventh residential tower at the waterfront precinct, Array.
The $218 million Array development offers a range of one, two, three and four-bedroom apartments and is now 65% sold.
Marketing of the 39-storey development commenced in September 2012, with apartments priced from $520,000 for a one-bedroom apartment to $7 million for a penthouse.
The development is due to be completed in 2016, with first settlements occurring in mid-2015.
Mirvac have also launched a project-specific brand loyalty-royalty scheme for their returning or new clientele.