Forme, Tullamore hits 48 percent apartments sold
The Forme project by Mirvac at Doncaster has neared being half sold.
The ASX listed company advised sales tally sat at 48 percent in its update last week.
Forme was launched last July with prices starting from $425,000.
Mirvac's prior update last October on sales was that 28 percent of its apartments had sold within the tranquil former 47-hectare Eastern Golf Course at Doncaster.
Forme will feature 93 residences at 57 Stables Circuit.
It has an expected $82 million completion value for the mid-rise project which is under construction.
Forme is the third and final apartment building at the Tullamore precinct which included Phoenix and Folia.
Mirvac head of residential, Stuart Penklis says that the "project demonstrated the ongoing demand for quality, well designed apartments supported by exceptional amenity."
Forme was designed by the Mirvac Design team to be set within sculptured gardens by landscape architect Paul Bangay with more than 20 per cent of the Tullamore precinct dedicated to green open spaces, including pocket parks, adventure playgrounds, undercover barbeque and picnic areas as well as walking and cycling tracks to encourage an outdoor lifestyle.
Forme’s construction is by mid-2023.
On its launch, Mirvac design director Michael Wiener noted with more people now working from home, Mirvac incorporated study spaces in the majority of its two and three bedroom apartments.
Forme will feature Melbourne start-up Allume Energy’s distribution technology, SOLSHARE in some of the apartments.
A unique technology, SOLSHARE allows residents to share power from a single solar system, which is anticipated to deliver up to 40 percent energy savings, based on average residential household usage.
