- Mirvac has advanced development of its Ascot Park community
- Apartments sold off the plan between $450,000 and $2 million
- Early registrations of interest for the launch of the third building
In response to high demand, Mirvac has fast tracked the development of its Ascot Green community alongside Eagle Farm Racecourse in Brisbane.
After the final apartment was sold in its second building, Tulloch House – with sales since the start of this year totalling $18 million – the publicly-listed property group has started taking registrations of interest ahead of the launch of the third building. This is anticipated for late 2021 or early 2022.
Ascot Green is part of Brisbane’s Racing Club’s $1.2 billion master plan redevelopment of Eagle Farm to include luxury apartments, commercial offices, dining, services and entertainment options.
Ascot Green is located 700 metres away from the Racecourse village shopping centre, and is in close proximity to the neighbouring Racecourse Road lifestyle precinct and new Ascot Park, childcare centre and Ascot Aquatics Centre.
The luxury penthouses in Tulloch House sold for between $450,000 and over $2 million. The sales have been completed off the plan, with construction of the eight-level building yet to be completed.
Mirvac Head of Residential, Stuart Penklis said its reputation as a highly desirable place to live had driven demand for the final apartments in Tulloch House.
“While all Tulloch House apartments have now been secured, we have continued to field interest from those wanting a place in the community, prompting us to expedite the timeline for our next chapter of Ascot Green.”
“We are in the design phase and working to bring this release to the market as soon as possible. While the finer details are being finalised, it will follow in the footsteps of our first two stages, Ascot House and Tulloch House, delivering high quality apartments to this one-of-a-kind location.”
