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.
The FEC Quarterly, Volume 2
Keeping you in the loop with the latest updates on Far East Consortium projects.
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
Stage 2: Park and Gold Release
- Address 640 Bourke Street
The Star Residences
- Address 1 Casino Drive, Broadbeach
- Completion Date 2022
Queen's Wharf Residences
- Address 8 Margaret St, Brisbane, Queensland
- Completion Date 2023
The Towers at Elizabeth Quay
Open for Inspections
- Address Elizabeth Quay, Perth, Western Australia
- Completion Date COMPLETED, Early 2019
Construction partner to be announced soon
- Address Wellington Street, Perth
- Completion Date 2022
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.