Bondi heats up – 90 apartments sold in one day
28 October 2013
Legacy Property’s latest development, Capitol at Bondi Junction, sold out in record time when it was opened to buyers last month.
Sales started at 8am and maintained a strong pace with one apartment selling every six minutes. By the afternoon, 90 of the 93 off-the-plan apartments had been snapped up.
CEO of Legacy Property, Matthew Hyder, said buyers jumped at the chance to own a first-class apartment in one of Sydney’s premier suburbs.
“Bondi Junction is a highly desirable place to live with shops, restaurants and public transport at your doorstep. Within moments you can be at the beach, in the city or enjoying the beautiful Centennial Park. It’s not surprising that apartments in Bondi Junction are in high demand, especially new developments which have been missing in recent years,” said Matthew.
“Capitol is certain to become Bondi Junction’s most sought after address. Thoughtful planning and attention to detail has resulted in the creation of a stunning building set against panoramic CBD, harbour and bridge views. The apartments have been meticulously planned with elegant design, high quality kitchens, bathrooms, Miele appliances and Carrara marble.”
“Capitol is a prime example of how Legacy Property crafts each project to cater to the varying needs and interests of buyers from suburb to suburb.”
Demand for the apartments was assisted by the strong residential property market which has been boosted by improving investor confidence and historically low interest rates.
Legacy Property has worked with leading consultants, including award-winning architect Dickson Rothschild and interior design firm BKH, to create an iconic landmark for Bondi Junction.
The 20-storey building will contain a mix of studios, one-bedroom, two-bedroom and three-bedroom apartments. There will be retail and restaurant spaces at the ground and mezzanine levels.
Capitol at Bondi Junction is the latest development from Legacy Property. The firm is currently delivering more than 1,400 dwellings across Sydney in North Sydney, Bondi Junction, Ryde, St Leonards, Marsden Park and Colebee.
The team at Legacy Property boasts more than 125 years of combined experience with some of the most well respected property companies in Australia and the US. Together, they have developed more than $5 billion of property projects.
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