The second stage of Future Estate's Parc Vue development in Bundoora has reached 80 percent sold in a matter of weeks, with the project's third and final stage now due to launch in early 2016.
Designed by MAP Architects, Botanic at Parc Vue, offers 133 one, two and three bedroom apartments that are priced from $350,000. Established homes in Bundoora are regularly selling from $1 million directly across from the Botanic site.
Future Estate Founder and Managing Director, Ben Anderson said the success of Parc Vue’s second release, Botanic, was due to the project’s dedication to catering to buyer demands and adapt in an ever-changing market.
“After bringing Stage One to the market earlier this year we soon witnessed a spike in local owner occupier buyers who were downsizing from their family home and were seeking a luxury-appointed apartment that was large enough to suit their needs," he said.
"This particular market seeks the higher quality inclusions such as French oak floors, stone benchtops, brushed brass tapware, floor to ceiling windows and spacious interiors so we therefore reconfigured the apartments in Stage Two to reflect the needs of these buyers.