Skip to content

High Demand for Mindarie apartments

Stirling Capital is delighted to announce that its waterfront residential development on the Mindarie Marina sold out within one week of being released.

The north facing development is expected to be complete by the end of 2014 and is forecast to give investors an impressive return.

Stirling Capital Director Luke Reinecke said this project was appealing to investors for a number of reasons.

“This is a great example of buying well in a good location. We acquired the land for $2 million – a 68 per cent discount on the previous sale price of $6.25 million,” Mr Reinecke said.

“This allows us to deliver the apartments at a lower price point which is important in the current market as buyers are particularly price sensitive.”

The Marina, on Bristol Lane in Mindarie, comprises 44 apartments, made up of predominately one and two bedroom apartments. The location is attractive due to the lifestyle offerings, and many of the apartments will have spectacular panoramic views over the Indian Ocean and the Marina.

“The Mindarie Marina is well-established with a distinct village-style community.  The property benefits from access to fully serviced boat pens, public fishing platforms, a boat ramp, restaurants, cafes, bars and other recreational facilities, making it an attractive choice for oceanside living,” Mr Reinecke said.

The five-level residential development will have a contemporary feel, and is targeting a 6-star environmental rating.

The land area of the development is 2,364 square metres, and the total strata area of the building will be 3,270 square metres.

Mindarie is a well-connected suburb, just 8 kilometres from the Joondalup City Centre, with easy access to freeways and the Clarkson Train Station.

Mindarie boasts a distinct village-style community with a number of schooling options including private pre-primary, primary and secondary schools.

Back to News

Subscribe to My Stirling Life