Cedar Woods launch Addison Walk townhouses in Williams Landing's latest stage
ASX-listed developer Cedar Woods has seen significant interest in their latest residential offering in Williams Landing, the 275-hectare masterplanned community in the City of Wyndham.
Over half of the first release of townhouses in the Addison Walk townhouse collection were snapped up on the first weekend of its recent launch.
The 33 Addison Walk townhouses will draw a wide variety of buyers given the options of either two, three or four-bedroom configurations across either two or three-level floor plans.
The strong result highlights the increasing demand for quality townhomes living in Melbourne's booming western suburbs - with the City of Wyndham notably one of the fastest growing regions in Australia.
Williams Landing has experienced strong population growth (42%) over the past five years, demonstrating its increasing popularity. Williams Landing has proven to be popular among families and young couples with the average occupants being 20-39 years old.
Cedar Woods Victorian State Manager James Bovell attributed the rapid up-take to Addison Walk's competitive pricing, a unique architectural design and the value proposition it offers for entry into the Melbourne property market.
“With the pressure of interest rates affecting purchasing power for a lot of home buyers, we are seeing more people turn to townhomes which offer well-appointed, contemporary living spaces at an attractive price point compared to traditional detached homes,” Bovell said.
“Townhomes can provide more possibilities for a diverse mix of homebuyers, delivering greater convenience and less maintenance with the added benefit of privacy. The Addison Walk release also provides the required space for the growing needs of many couples and families.”
Designed by DKO, the townhomes are designed to deliver seamless indoor-outdoor living and entertainment spaces, complemented by quality finishes. Kitchens come equipped with European appliances, stone benchtops & splashbacks with timber-look flooring to kitchen & living areas and bathrooms with curated porcelain tiling.
Sustainability credentials are also impressive with homes being all electric and built to a 6.5 star energy rating in line with Australia’s move towards more energy-efficient homes.
The townhomes are well-located in the heart of Williams Landing, a ten-minute walk from the Williams Landing train station, providing swift access to Melbourne's CBD in just 30 minutes. Surrounded by rich lifestyle amenities, residents can also enjoy proximity to Addison Park and Wetlands, the Williams Landing Shopping Centre, as well as multiple schools, childcare centres and restaurants options also located close by.
Bovell said great location and lifestyle amenities are what today’s home buyers expect.
Addison Walk townhomes launched with a starting price from $649,000, with civil construction slated to commence in mid-2024.
