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Volume 2

The FEC Quarterly, Volume 2

Keeping you in the loop with the latest updates on Far East Consortium projects.

Firstly, I hope this finds you healthy and happy. Certainly unusual times we have found our world in! Far East Consortium is incredibly thankful that we have been in a position to continue doing what we love through this time. Construction sites across Melbourne, Brisbane and Gold Coast have remained open and forged ahead despite strict social distancing measures. We continue to plan new launches and sales continue to tick along in all markets. It is not to say things don’t look a little different. Working from home, virtual tours, webinars and zoom meetings are the new normal for us and so many companies as we adapt to continue to do what we love.

Latest Project Updates


West Side Place

Stage 1 Completed, Stage 2 Under Construction
Completion Date
Stage 1: August 2020
Stage 2: 2023

Stage 1: Towers A and B

Practical Completion is only days away for West Side Place Stage 1, and will be ready for residents to move in come early August. The lobbies, amenities and the level of finish are absolutely stunning, and we are thrilled to deliver this incredible project to market. We worked with Move-in to secure and furnish the common areas with over 1,400 pieces of furniture to make residential amenities useful and homely. The retail arcade has reached full completion despite the challenges of COVID-19 on the F&B sector. We are close to leasing out several shops to fantastic operators, and in the meantime, a temporary coffee shop will be operational by the end of July. The Ritz Carlton is on track to open in 2021. With a limited number of apartments still available, contact us as soon as possible to arrange an inspection and secure your spot at West Side Place Stage 1.

Stage 2: Park and Gold Release

Construction at West Side Place Stage 2 is progressing well thanks to the incredible Multiplex team. Basement bulk excavation has been completed down to the bottom of the four-level basement. The basement level volume is around 72,000 cubic metres which is the equivalent volume to almost 30 Olympic-sized swimming pools.



Coming Soon
Address 640 Bourke Street


Welcoming ‘Monument’. We’re excited to bring 640 Bourke Street to life at the heritage listed Eliza Tinsley building site. The anticipated launch is set for later this year. Demolition is currently underway for the on-location display suite. The enormous space will include a full sales area, complete with models, an auditorium, and in true Far East fashion – a 1-bedroom plus study, 2-bedroom 2-bath and 3-bedroom complete apartments. We can’t wait to show you this spectacular space.

Gold Coast

The Star Residences

Display Open
Address 1 Casino Drive, Broadbeach
Completion Date 2022


The Star Residences display suite remains open and available despite the casino facilities being closed. Construction is progressing smoothly despite the challenges presented by COVID-19, with both The Star Residences and Dorsett Hotel on track for completion by 2022 – read the full construction update in The Gold Coast Bulletin article attached. We have plenty of new incentives in place for our 2 and 3-bedroom apartments. See the attached document for details or contact Jessica Campbell at jcampbell@fareast.net.au to discover what’s on offer.


Queen's Wharf Residences

Display Open
Address 8 Margaret St, Brisbane, Queensland
Completion Date 2023


The launch back in March feels like many moons ago! With over 520 unconditional contracts or 85% sold in the short period of time, we are so very thankful to the people of Brisbane for their warm response to the project. We would also like to congratulate our onsite team and master agent YPM/Avanti for their hard work and wonderful results. We’re proud to have reached several important construction milestones over the past few months. The development is now rising skyward, making its mark on the Brisbane skyline – get the latest construction update in the Brisbane Times article attached. With restrictions easing, the beautiful display suite is now available for one-on-one appointments with social distancing and cleaning measures in place to protect the health of clients and staff. For those who would like to explore Queen’s Wharf Residences from the comfort of their own home, you can still book a virtual display suite tour via the link below.


The Towers at Elizabeth Quay

Open for Inspections
Address Elizabeth Quay, Perth, Western Australia
Completion Date COMPLETED, Early 2019


We’re glad to see the neighbourhood of Elizabeth Quay spring back to life after the COVID-19 lockdown. As local businesses reopen their doors, residents at The Towers can once again enjoy the fantastic dining, retail and entertainment offerings on their doorstep. For those interested in being a part of Perth’s most prestigious waterfront precinct, we still have a handful of 2 and 3-bedroom apartments available at The Towers, Elizabeth Quay. Anchored by The Ritz-Carlton hotel, and with a range of impressive residential amenities, it truly is a unique residential and investment opportunity. Our display apartments are now open for one-on-one viewings, along with virtual tours – bookings can be made via the link below.


Perth Hub

Construction partner to be announced soon
Display Open
Address Wellington Street, Perth
Completion Date 2022


It appears WA didn’t get the memo that a pandemic was happening. Perth is seeing an increase in demand, and with less supply in the market and restrictions eased, it’s showing itself to be a stable market in an uncertain time.

Construction is nearing commencement as we enter the final stages of our tender process for a construction partner. The dedicated project team have narrowed it down to just three potential builders, so keep a lookout for our announcement of the winning tender. From here, we expect to progress to construction as soon as the builder is announced.

Some other positives pushing the WA market are the 75% stamp duty rebate which is still in play for pre-construction contracts along with the $25,000 Home Builder Grant. Construction isn’t too far away, so to take advantage of these savings you’ll need to be quick. There are several other incentives for this project, including our massive $40,000 giveaway competition (ending July 31). It’s definitely a project worth checking out for those looking for an affordable investment.

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Melbourne • Perth • Brisbane • Gold Coast
© Far East Consortium 2020