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Newsletter

Volume 3

The FEC Quarterly, Volume 3

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

On the home straight to Christmas! How did this happen! 2020 has certainly brought many unexpected changes to our everyday lives, especially for our colleagues in Melbourne. It has also granted and presented many opportunities for different markets. Far East Consortium has been lucky to continue doing what we love right through a world pandemic and we consider ourselves very lucky. We have so much to tell you!
 
First and foremost, as always we are here to help, whatever way that looks, so please reach out anytime.

Latest Project Updates

Melbourne

West Side Place

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

Details

Now with 300 settlements done and another 300 on track to be called before the end of year. There is no doubt timing has been challenging with Stage 3 and 4 restrictions in place for the majority of the settlement period. FEC tried to adapt quickly to the climate from providing a Covid-safe site, offering a key courier service to those that settled, even recently introducing a tenant incentive package to try and attract tenants to WSP. 
 
Stage 2 settlements are pending, with valuations to commence next week! As an Exclusive Offer to West Side Place purchasers, BC Securities now provides loans up to 80% of the valuation or even higher on a case by case basis.  Even if you have your own preferred broker, you may want to contact Jing or Meng to provide advice on options provided to you for your peace of mind.

Jing Liang

+61 438 637 337

Meng Yang

Toll free: 400 880 8271
Direct Line: 010-83226619
Wechat: +86 1370 132 2275
We are so proud of how this precinct is coming together and look forward to continuing to deliver a community that people of proud to call home. This week Merriment café opened its door. A beautiful concept store that looks more like an art gallery than a coffee shop. 

If you have not already had a walk through the precinct, please be in touch with Sarah and we would be thrilled to show you through. There are now 10 fully staged display apartments available for inspections with potential purchasers. If a site visit is not feasible, we have any marketing tools available for you, like virtual tours, photos and short videos.

TOWER A – FOYERTOWER B – FOYERAMENITY LEVELSAPARTMENT VIDEOSAPARTMENT & AMENITY GALLERYYOGA STUDIO, LOUNGE & POOLMAHJONG ROOM

Gold Coast

The Star Residences

Display Open
Address 1 Casino Drive, Broadbeach
Construction should be open
Stage 1: Completion in 2023
Stage 2: Completion in 2024

Details

We have some new selling tools now available to use to help explain the amazing integrated resort in Broadbeach, Gold Coast. Strong sales from Sydney and Melbourne into Gold Cast continue right through the pandemic, an escape perhaps! Check out the latest videos below.
 
The construction of Stage 1 was fast tracked through Covid, with the closure of the casino for a period time it meant that Hutchisons could progress quicker than planned. Check out the latest time-lapse video…it is really taking shape and hard to miss now from Gold Coast Highway. 
 
The display remains available for inspections, it is a beautiful sales centre feature nearly a full level in the stunning 6 star Darling hotel, immersion room and full built apartment. For all our Gold Coast agents, this space is available for client functions, Christmas is coming, make your booking now!
MASTER PLANINTERVIEW VIDEOGOEFF HOGG VIDEOTIME LAPSE VIDEO

Brisbane

Queen's Wharf Residences

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

Details

Queen’s Wharf Residences is making ‘sales’ history after an unprecedented level of local interest led to three-quarters of the 667 apartments at the landmark development selling within the first two months of going to market. Thank you to all that were involved! We are now racing to bring on the next stage….so watch this space. 

Similar to Gold Coast, Queens Wharf has also progressed quickly this year! See latest Time Lapse Video below.

 

FEC are thrilled to announce the development being named as a finalist in the 2020 Urban Developer Awards in both Excellence in Marketing and Excellence in Community Engagement categories.

TIME LAPSE VIDEOTHE URBAN DEVELOPER AWARDS

Perth

The Towers at Elizabeth Quay

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

Details

We are thrilled to announce Dana from All Ways, will now be your point of contact for The Towers at Elizabeth Quay. Most of you have already worked with Dana on Perth Hub.
 
We will have 4 new display apartments available soon along with the stunning penthouse now available for inspections and to use for events, contact us for more info.
PERTH CITY UPDATES

Perth

Perth Hub

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

Details

The Perth Hub display suite is now closed and early groundworks commence and we are on track to announce a builder later this month. 
 
Perth is buzzing with positivity. Perth Airport is the busiest airport in the world at the moment! And Perth hub is in the perfect sweet spot – eligible for the home builder grant until the end of the year, the first home owner grant and stamp duty rebate, there is $60,000 of potential savings! Coupled with incentives, an affordable price point and strong rent returns.
 
On top of all this wonderful news, Perth Government has recently announced that Edith Cowen University will build the very first CBD University campus right amongst the city link precinct home to Perth Hub! Check out the attached article. 
 
If you have not already considered selling into the Perth market, now is the time! New Perth educational video is now available – check it out now.
EDITH COWAN UNIVERSITYPERTH CITY EDUCATIONAL VIDEO
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Melbourne • Perth • Brisbane • Gold Coast
© Far East Consortium 2020