Wonderland Development Brings Home Strong Sales Figures

Wonderland, the final residential stage of Central Park in Chippendale, has just secured $140 million in sales by the end of its public launch weekend.

Frasers Property launched Wonderland to the market in late August.

Designed by fjmt,Wonderland comprises 294 apartments and terraces ranging in price from $602,000 for a one bedroom suite to $2.81 million for a three bedroom two bathroom apartment with two car spaces.

Colliers International Managing Director of Residential Peter Chittenden said he was overwhelmed by the interest in Wonderland, especially from the owner-occupier market.

“We have successfully sold across Wonderland’s full spectrum of apartment types – from one bedroom suites through to three bedroom apartments and ground floor terraces,” Mr Chittenden said.

“We were overwhelmed with interest from owner occupiers determined to secure premium two and three bedroom apartments.

"It is clear that people are realising that Wonderland represents the very last opportunity to buy within the successful Central Park precinct."The development's 294 apartments involve over 178 different floor plans, which has left Mr Chittenden feeling confident that Wonderland will be able to speak to a number of different buyer needs.

Frasers Property Australia Development Director Mick Caddey said Frasers Property was very pleased with the response from the market.

“Purchasers were familiar with the Central Park offering. They’re not just buying an apartment, they’re buying an entire lifestyle and not many developments have anywhere near the amenities and advantages already delivered here at Central Park,” Mr Caddey said.

Having won dozens of local and international awards, Central Park is regarded as one of Australia’s exemplar projects in masterplanning for a mixed-used precinct as well as urban renewal and revitalisation.

More than 2,120 apartments have sold within the precinct this week.