No false start as Mirvac secures Eden, Harold Park terrace sellout
Mirvac sold out its popular terraces home offerings in Eden, in its latest release at Harold Park, Glebe, just hours after launching sales to customers at the weekend.
More than $66.5 million worth of real estate was transacted in the weekend launch, in which the majority of the second marketing stage dwellings sold.
Prices ranged from $499,000 for a one-bedroom open-plan apartment to over $1.8 million for a three-bedroom terrace.
Harold Park's Victorian terrace homes were completely sold within hours of their release.
Eden's public launch will be this Saturday (November 17).
"There has been an extraordinary level of interest in Eden, which we anticipated given its premium location on the parkland," said John Carfi, Mirvac's development apartments chief.
"To have sold out of terraces with an average price of over $1.7 million in a single day is remarkable and characterises the exceptional attributes of Harold Park."
Since the November 2011 launch of the first precinct, Locarno, more than 300 apartments and terraces have sold at Harold Park.
It is just with the past year that Harold Park has gained development approval from the City of Sydney for its master-plan of 1,250 dwellings.
In September site wide infrastructure works commenced with construction of the first stage Locarno underway.
Carfi says the strong pre-sales of Eden could allow both buildings to be constructed simultaneously.
Eden is named after the 1971 Miracle Mile winner Mount Eden, which sprinted to a remarkable finish after two false starts!
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Meanwhile, Mike Quigley, boss of the federal government's National Broadband Network, has also sold his Mosman mansion recently at $3,555,000. It represented a loss on the $3.6 million paid in 2007.
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