Thursday, June 25, 2015

The Module Sells Out


The 130 apartments in Beecroft Place, which used to be The Module at Beecroft Shopping Centre, sold out in six hours on Saturday. The doors to the sales office for Beecroft Place, in a plum location at the heart of the suburb’s village at the corner of Beecroft Rd and Hannah St, opened at 8am, with buyers queuing from about 7.30am.  Beecroft Place’s singlebedroom apartments were priced at $595,000, the twobedroom homes at $745,000 and the three-bedders at $1.075 million.  “To get that level of sales all on one day is certainly unprecedented,” Mr Rees said. “We had a three-week lead-in period and each week the demand got stronger.”  Construction is expected to begin on the development in the middle of August, with completion expected by the middle of 2017.  There are just three apartments left in The Croft development at Beecroft, on the corner block bounded by Beecroft Rd, Chapman Ave and Wongala Crescent.

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