Lindfield

A groundbreaking ceremony has recently been held at the $180 million Lindfield project, Balfour Place, signifying the beginning of construction with demolition works wrapping up.&nbsp;

Australian developers Third.i, in conjunction with joint venture partner Phoenix Property Investors, are behind Balfour Place, which will comprise 59 apartments on top of 4,500 sqm of retail and hospitality spaces, including a brand new Coles supermarket.

The project launched in April 2022, selling out within a matter of weeks. Construction is expected to be complete by January 2025.&nbsp;

It recently won the Best Mixed Use Development of The Year at the&nbsp;2022 PropertyGuru Asia Property Awards.

[smartcode_project:default project_id=112016 project_image_fid=194989]

On the award win, Luke Berry, Third.i. Co-Founder, said the development had struck a chord with the Lindfield community.&nbsp;

“Balfour Place is truly at heart of what we do and a true example of how we’re building communities by listening to the needs of the market,” Berry said.

“The level of design and architecture has been carefully curated and I think it’s struck a chord with buyers who have recognised that we had larger living spaces on offer in an idyllic location with lifestyle amenities on your doorstep.

“It truly will be a legacy destination for the area and we couldn’t be more thrilled to commence construction."

[smartcode_project:default project_id=112016 project_image_fid=194990]

Australian builder Conquest has been appointed as the project builders, with Balfour Place adding to their project portfolio which includes the Crowne Plaza Sydney Burwood, The Greens Strathfield, La Luna Burwood and Soho Burwood.

First home buyers and young families are among those set to call Balfour Place home.

With a collection of one, two, three and four-bedroom residential apartments, residents will benefit from private courtyards and a shared rooftop garden space to be built on top of a brand new large format Coles supermarket.The Coles grocery hub will be double the size of the existing store and will include a Liqourland and heritage commercial space fronting the Pacific Highway.

Over 230 car parking spaces will also be available spanning across two levels.

The apartments were reduced from 70 to 59, after Third.i's research suggested there was more appetite for larger apartments.

[smartcode_project_cta:default project_id=112016]

The project launched in April 2022, selling out within a matter of weeks. Construction expected to be complete by January 2025

alisonwarters@gmail.com

Construction commences at Thirdi's sold-out Lindfield apartments, Balfour Place 

Following its full project sell-out amid commencing construction just last month, Third.i’s $180 million project, Balfour Place has taken home the win for two awards at this year’s PropertyGuru Asia Property Awards.

The Lindfield project was officially named the Best Low Rise Mixed Use Development of 2022 along with receiving the country award for Best Mixed Use Development (Australia) in the grand final.

[smartcode_project:default project_id=112016 project_image_fid=194986]

The award-winning project sold over $100 million in sales in its launch weekend alone, shortly securing the final sales thereafter to achieve its sell-out status.

After conducting market research and listening to the needs of the community, Third.i reduced the number of apartments on its development application as there was high demand for spacious living arrangements.&nbsp;

As a result, apartment numbers were dropped from 70 to 59, with the residences set to sit atop a new 4,500 sqm Coles Supermarket, a cafe and a heritage building that will be restored and leased as a commercial office space and beauty offering.

Balfour Place comprises a collection of one, two, three and four-bedroom apartments with sweeping views to the south-west, topped by a residents-only rooftop garden with communal facilities and a central podium courtyard with fresh greenery.

Construction crews have now kick-started works to bring the award-winner to fruition, with Australian builder Conquest appointed to the build, with completion slated for November 2024.

[smartcode_project:default project_id=112016 project_image_fid=194987]

Third.i. Co-Founder, Luke Berry said Balfour Place is a prime example of how the group is building communities that align with the needs of the market.&nbsp;

“The level of design and architecture has been carefully curated and I think it’s struck a chord with buyers who have recognised that we had larger living spaces on offer in an idyllic location&nbsp; with lifestyle amenities on your doorstep," he said.

“It truly will be a legacy destination for the area and we couldn’t be more thrilled to commence construction,” concluded Berry.

Balfour Place comprises a collection of one, two, three and four-bedroom apartments with sweeping views to the south-west, topped by a residents-only rooftop garden with communal facilities and a central podium courtyard with fresh greenery.

Balfour Place named best mixed-use development at PropertyGuru Asia Property Awards

Construction on Lindfield’s latest destination by developers Third.i, in conjunction with joint venture partner Phoenix Property Investors, has officially kick-started works this week, following a full project sell-out as demand for larger living spaces continues to grow.&nbsp;

Demolition crews have moved in on the $180 million Balfour Place site, set to bring 59 apartments to Sydney’s Upper North Shore, which will be grounded by an urban oasis comprising over 7,091 sqm of retail and hospitality spaces.&nbsp;

[smartcode_project:default project_id=112016 project_image_fid=207651]

The project has been met with a swarm of eager buyers looking to secure their slice of Lindfield, acquiring over $100 million in sales since its launch to market earlier this year. The project, which is set to be built on the existing Coles supermarket site, is estimated to fast-track the development timeline, with construction expected to be completed by November 2024.&nbsp;

Australian builder Conquest has been appointed as the project builders, set to bring Balfour Place to life, adding to an impressive project portfolio of over 2,000 properties, including the Crowne Plaza Sydney Burwood, The Greens Strathfield, La Luna Burwood and Soho Burwood.

Third.i. Co-Founder, Luke Berry said Balfour Place has struck a chord with the Lindfield community and surrounding areas, with the project accommodating the growing need for spacious living.&nbsp;

“Our project provides larger living spaces in an idyllic location with lifestyle amenities at your doorstep,” Berry said.

“We’re proud to announce a project sell-out and that we’ve fast-tracked construction to help meet market demands. Conquest, who are well renowned for delivering buildings of exceptional quality, have been bought on board to deliver Balfour Place.”

[smartcode_project:default project_id=112016 project_image_fid=194987]

“It truly will be a legacy destination for the area and we couldn’t be more thrilled to commence construction,” concluded Berry.&nbsp;

The latest offering will comprise a collection of one, two, three and four-bedroom apartments with private courtyards and a shared rooftop garden space to be built on top of a brand new large format Coles supermarket.

The Coles grocery hub will be double the size of the existing store and will include a Liqourland and heritage commercial space fronting the Pacific Highway, overlooking the Blue Mountains. Over 237 car parking spaces will also be available spanning across two levels.

[smartcode_project_cta:default project_id=112016]

Australian builder Conquest has been appointed as the project builders, set to bring Balfour Place to life, adding to an impressive project portfolio of over 2,000 properties, including the Crowne Plaza Sydney Burwood, The Greens Strathfield, La Luna Burwood and Soho Burwood.

$180 million Lindfield residences, Balfour Place commences construction amid project sell-out

North Sydney&rsquo;s latest luxury apartment project by developer&nbsp;Third.i and Phoenix Property Investors (PPI), has knocked over sales of 58 of its 59 apartments at its weekend launch, securing close to $100 million in sales in just three days amid scarce supply and increasing demand for larger living.

Only one apartment remains up for grabs as eager buyers pounced on the $102 million Balfour Place, following a flood of enquiries from the local market and over 300 appointments booked in during the VIP launch weekend.

After receiving over 1500 plus enquiries last month, the remaining apartments are projected to be snapped up quickly.

[smartcode_project:default project_id=112016 project_image_fid=194989]

The project, which is set to be built on the existing Coles supermarket site, will be grounded by an urban oasis encompassing over 7091 sqm of retail and hospitality space, in a bid to help ease the increasing demand for larger apartment living, adding to Third.i&rsquo;s growing portfolio of quality developments tailored towards meeting the needs of the market.

Third.i&rsquo;s Co-Founder and Director of Sales and Marketing, Luke Berry, said the sales result is indicative of Lindfield&rsquo;s much needed revitalization, off the back of skyrocketing interest for larger apartment living.

&nbsp;

&ldquo;We are just absolutely ecstatic with the sales result our team procured over the weekend. It&rsquo;s a true testament to the quality of the project, the calibre of our consultants and we couldn&rsquo;t be happier,&rdquo; said Berry.

[smartcode_project:default project_id=112016 project_image_fid=194987]

&ldquo;Each floor plan is tailored to cater to that need of larger living spaces we&rsquo;re seeing in the industry now and is clearly in scarce supply. When we began working on the design brief with PPI and Coles Group, we immediately identified there was an opportunity to improve the residential elements of the development application to re-imagine the apartment layouts to create a mix of much larger apartments not typically seen in developments of this size.&rdquo;

&ldquo;We truly wanted to tap into that need for larger living spaces for downsizers and young families and we couldn&rsquo;t be happier to have finally shared what we&rsquo;ve created with a new breadth of buyers this weekend. With Balfour Place, you will have everything you need at your doorstep. To be just a lift ride away from fresh food and produce, a barista brewed coffee and your favourite bottle of wine is the epitome of apartment living and that&rsquo;s exactly what we will be delivering with this project,&rdquo; he added.

[smartcode_project:default project_id=112016 project_image_fid=194987]

Marking the fourth joint venture project between Third.i and PPI, the latest luxury offering will comprise a collection of one, two, three and four-bedroom residential apartments with private courtyards and a luxe rooftop garden to be built on top of a brand-new large format Coles supermarket; which will be double the size of its existing predecessor, a Liqourland and heritage commercial space fronting the Pacific Highway and overlooking the Blue Mountains.

Construction of the DA approved site is well underway with the second stage of construction due to start in July/August this year, off the back of Third.i&rsquo;s proposal to reduce the number of apartments from 70 to 59, in an effort to deliver less impact on neighbours and the wider community.

Third.i’s Co-Founder and Director of Sales and Marketing, Luke Berry, said the sales result is indicative of Lindfield’s much needed revitalization, off the back of skyrocketing interest for larger apartment living.



Third.i's Balfour Place in Lindfield nets record sales weekend

The Sydney property developer Third.i, along with their joint venture partner Phoenix Property Investors, are joining forces with Coles Group to create Balfour Place, a mixed-use precinct in Lindfield on Sydney&#39;s lower north shore.

The mixed-use residential, retail and commercial precinct will span over 7,000 sqm and will see 62&nbsp;apartments built on top of a&nbsp;large format Coles supermarket,&nbsp;Liquorland, caf&eacute;, and a heritage commercial space fronting Pacific Highway.

Residents having access to a private courtyard and rooftop gardens.

It&#39;s the third time Third.i and PPI have worked together, having previously had huge success at the luxury Kurraba Residences, as well as the commercial precinct Blue &amp; William in North Sydney.

<img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/balfour_third.i_3.jpg" width="1200" />

Thirdi Group Director &amp; Co-Founder, Luke Berry, said that his company and PPI were thrilled to be working alongside Coles Group, community stakeholders and Ku-ring-gai Council to finalise a shared vision for the site before a planned sales launch of the project later this year.&nbsp;

&ldquo;When Third.i started working with Coles, we quickly identified there was an opportunity to improve the residential elements of the DA, so with the support of Coles and award-winning architects Rothelowman, we re-imagined the apartment layouts and created a mix of larger apartments, perfect for the downsizer and young families we see as the likely purchasers of our apartments,&quot; Berry said.

Third.i&rsquo;s proposal is to reduce the numbers of apartments from 70 to 62 to offer more space to residents and deliver less impact on neighbours and the community. Third.i is finalising their modification of the existing DA and plan to submit to council in early October and start the second stage of construction in the 1st quarter of 2022.

Stage 1 of construction has already commenced with Coles Group managing the realignment of Balfour Lane at the rear of the proposed site before handing over the delivery of the mixed-use development to Third.i.&nbsp;

&nbsp;

<img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/balfour_third.i_2.jpg" width="1200" />

CBRE has been appointed as the lead agent to market the development and sales director, Ben Stewart said that exceptional convenience will underpin Balfour Place residences, with location amongst its strongest selling points.

&ldquo;The latest offering by Thirdi Group has it all in terms of proximity to a train station and quality schools, as well as being positioned in a highly coveted north shore suburb, where new apartment developments are scarce, particularly for downsizers,&rdquo; Stewart said.&nbsp;

&ldquo;Our market research has indicated that demand for high-end, conveniently located new apartments in the area is strong, with almost all initial inquiries coming from local residents.&nbsp;

&ldquo;Further to this, studies show that &lsquo;shop top&rsquo; developments like Balfour Place achieve an average 16% premium on prices compared to suburb averages so we see this project offering a similar dynamic to purchasers that secure an apartment early in the launch.

&ldquo;As with all Thirdi Group projects, the utmost consideration will be placed on delivering luxuriously appointed, high-end residences with beautifully landscaped gardens and an outstanding lifestyle offering and this is what purchasers should expect with Balfour Place.&quot;

CBRE's Ben Stewart said that exceptional convenience will underpin Balfour Place residences, with location amongst its strongest selling points.



Joel Robinson

Third.I to partner with Coles and PPI for mixed-use Lindfield development, Balfour Place

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On Friday night Ray White Upper North Shore agent Lisa Davies broke the Lindfield suburb record with the sale of 9 Northcote Road to an overseas buyer in Hong Kong after an inspection via Facetime.
The five bedroom grand Federation property sold within two weeks of Ms Davies putting it online, having last traded for $4.45 million in 2008.
“There is such a limited amount of stock on the market but there’s definitely a lot of buyers looking. You simply cannot sell a secret,” Ms Davies said.
“You have to put it out there if you are selling. There’s huge demand from overseas buyers right now. This is the second property over $6 million that I have sold in the last three weeks to an overseas buyer. There’s a huge appetite for high end prestige homes."
The record breaking sale has now broken the top residential sale record in the suburb of Lindfield which stood at $6 million.
The Lindfield sale comes on the back of a similar successful campaign. Less than three weeks ago, Ms Davies sold a multi-million dollar house in nearby Killara, sight effectively unseen, to a buyer in Taipei via a Facetime inspection.
“After many hours on the phone over the Easter weekend I negotiated a sale price of $6.3 million for 23 Elva St Killara which was well above where the vendors thought the property may sell and reflective of prices we were seeing earlier in the year.”
The 1903 Lindfield home is set high in a prestigious east-side setting, which offers a spectacular lifestyle with proportions of living that are reserved for only the most remarkable of residences.
With its gated entry and substantial 1707 sqm block, pool and tennis court, the home is beautifully finished.
Bespoke interiors feature every luxury extra including a gym, wine cellar and decadent whole floor master retreat.
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Federation Lindfield trophy home sold over the phone at record breaking price

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Savills will auction five land lots at Lindfield onsite on December 11.
The lots form part Eton Estate which comprises a total of 10 land lots.
The five remaining lots will be auctioned at a later date.
Located at 101 Eton Road, Lindfield, the lots range in size from 831 square metres to 880 square metres with a price guide starting around $1,890,000 plus.
Savills selling agent David Poppleton noted in the first week of launching there had been more than 150 enquiries.
With a median house price of $2,500,000, according to CoreLogic, <a href="https://www.urban.com.au/property-observer" target="_blank">Lindfield</a> has witnessed significant growth in recent years.
Since 2011, Lindfield has seen a cumulative capital growth in median house prices of 52.6% compared to the wider Ku-Ring-Gai market at 47%.
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Five land lots for sale in Lindfield through Savills

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It only hit the market 11 days ago, selling far quicker than the 26 day Sydney private treaty sale time. 
Channel 9 breakfast television presenter Karl Stefanovic and his estranged wife Cassandra Thorburn have quickly sold their matrimonial Lindfield home.
Interested parties will have known the listing was coming a little earlier after reports<a href="https://www.urban.com.au/news/60635-drone-spotted-hovering-over-karl-stefanovic-s-lindfield-home" target="_blank"> drones were spotting</a> hovering over the quaint garden cottage in late October.
The upper North Shore family home came with no formal price guidance <a href="https://www.realestate.com.au/property/43-treatts-rd-lindfield-nsw-2070">through John Tower at Tower &amp; London.</a>
Locals suggested the home could fetch between $3.6 million to $3.8 million, which is likely where it sold. The Lindfield median house price currently at its peak at $2.5 million.
The marketing photos offered the chance to see their home renovations since they snapped up the home for $2.3 million six years ago.
There was an all-white makeover throughout the now more cosmopolitian 1915 cottage which retained a few traditional features under the slate roofed house including the marble fireplaces, pressed metal ceilings and lead light windows.
The air-conditioned garage space, home of Karl's black scooter, comes complete with two bar tables, wine fridge and storage. There's yellow and white striped beanbags to watch the television.
It's been a house of melody with a music room devoted to the piano along with a room upstairs featuring fours guitars.
Outside is a pool, enclosed trampoline and a basketball post. 
The Lindfield listing came after the family had committed several months ago to trading up big time to an $8 million home in Cremorne.
The three level harbourfront home, currently being developed by Tony Blanche, was purchased before the separation.
This article first appeared in the Daily Telegraph.
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Just 11 days to sell Karl Stefanovic's Lindfield home

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Developer Greaton has purchased three adjoining land parcels in Sydney's North Shore suburb of Lindfield with a total size of 9,120 sqm.
Development approvals for 43 luxury townhouses and two free-standing homes esigned by Sydney architects Rothelowman on the site, 16 – 18 Beaconsfield Parade, have been lodged.
Council approval for stage one is expected in the second quarter of 2017. The development is expected to cost over $100 million.
 Nicho Teng, managing director of Greaton said they saw this site as a great opportunity to enter the exclusive North Shore market.
“Downsizers and young growing families from the North Shore area are expected to primarily purchase in this project," he said.
"It is our view that luxury townhouses will appeal to these markets as they are looking for something larger than apartment living and also enjoy private courtyards and gardens.
“It made smart business sense to expand the company’s presence into the North Shore area which is well established. We are currently creating beautiful liveable communities across Australia.
"The Lindfield development further expands our growing property footprint in Sydney. We are looking for more investment opportunities in the area.”
Stage one is expected to be released in Spring 2017.
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Developer Greaton buys three adjoining land parcels in Sydney's North Shore

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Poly Australia secured deposits on 30 of 67 apartments offered last weekend in Lindfield in their highly anticipated boutique development, Tilia by Poly.
The apartments in the heart of the north shore suburb were popular among local buyers, particularly downsizers, said Poly Australia sales and marketing director Jay Carter. 
“For a small scale luxury suburban development, there has been considerable interest," said Carter,
The three bedroom apartments at Tilia by Poly start at $1,630,000 and have sold well, he said.
<img src="https://polyglobal.com/wp-content/uploads/2017/10/IMG_3532-1024x683.jpg" alt="" width="640" height="427" data-lazy-loaded="true">
It is Poly Australia's third Sydney project, which will include a garden for exclusive use of residents.
The development is a mix of 67 apartments, including three townhouses designed by award winning PBD Architects.
Located on Milray Street and within a short walking distance from Lindfield Train Station, and surrounding cafes and restaurants, Tilia by Poly was offered by the newly launched Poly Agency.
<img src="https://polyglobal.com/wp-content/uploads/2017/08/Secret-Garden-Angle-4-Final_CYMK_LIGHTENED2.jpg" alt="" width="759" height="949" data-lazy-loaded="true">
Poly Australia has acquired a new site in the suburb of Kogarah in Sydney's south, with plans for a residential development of approximately 100 apartments.
The site was an amalgamation of six residential houses in the priority precinct of Kogarah North.
It recently celebrated the official topping out at Poly Horizon in Epping.
It has also lodged its development application for its site in Bankstown.
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