This article is from the Australian Property Journal archive
DEVELOPER Third.i and Phoenix Property Investors’ (PPI) $180 million sold out Balfour Place project in Lindfield has officially topped out.
Located on Balfour Street, around 13km north-west from the Sydney CBD, Balfour Place will comprise 59 Rothelowman-designed apartments on top of 4,500sqm of retail and hospitality spaces, including a new Coles supermarket.
With structural works now complete, the develop is due to be completed by Conquest by early 2025.
“We are thrilled to announce the topping out of Balfour Place, a landmark moment for Third.i, PPI and the Lindfield community,” said Luke Berry, co-founder of Third.i.
“Despite challenging market conditions, this project stands as a testament to our unwavering commitment to delivering homes that buyers can be proud of. Balfour Place is set to become a bustling community and lifestyle hub, embodying the essence of luxury and village charm that Lindfield is known for.”
Balfour Place launched to the market in April 2022 and sold out in weeks, with first home buyers and young families drawn to the collection of one-, two- and three-bedroom apartments with private courtyards.
“We have meticulously tailored Balfour Place to meet the evolving needs of the market, particularly focusing on providing larger living spaces that are ideal for residents,” added Berry.
“Our goal has always been to create homes that offer both comfort and functionality, ensuring that our buyers can thrive in a vibrant and well-connected community. We can’t wait to see the project complete early next year.”
The project will also include more than 230 car spaces across two levels, with the Coles to be double the size of the previous offering with a Liqourland and heritage commercial space fronting the Pacific Highway.
“Phoenix Property Investors is proud to collaborate on a project that exceeds the expectations of today’s buyers,” said Trent Winduss, Partner and Head of Australia at Phoenix Property Investors.
“This development highlights our shared vision of creating exceptional living environments that blend modern luxury with community-centric design. We look forward to the completion of Balfour Place and are confident it will set a new standard for quality living in Lindfield.”