Mandalay sales skyrocket

September 2009

Eager home hunters have been quick to recognise the value of buying into ‘Mandalay at Beveridge’ with land sales soaring and limited home-sites remaining in the first stages of the region’s most prestigious new community.

More than 85 percent of the land released has sold in record time, spurring developers to fast track the next stage as remaining home-sites are not expected to last long.

Buyers have been attracted to the array of facilities offered at the master-planned community, such as the featured 18-hole golf course, vast open spaces, onsite facilities including a proposed school, proposed retail site and ‘Club Mandalay, which includes a café, swimming pool, tennis courts, gymnasium and much more.

Coupled with up to $36,500 currently on offer from the First Home Buyers Grant, home-hunters have been arriving at Mandalay in droves to view the proposed facilities and take in the beautiful scenic sites.

The sought-after golf fronting home-sites in stage one sold almost immediately with buyers quick snare one of Melbourne’s rare opportunities to live among the golfing greens.

A limited number of Mandalay’s coveted golf-fronting home-sites were released with stage two but buyers swiftly snapped up the in-demand land, cementing the estate’s reputation as one of outer Melbourne’s premier new addresses.

Home hunters still desperate to secure home-sites within the first two stages can rest easy as there is still a limited number of generously sized home-sites still available, ranging from 612sqm to 680sqm and starting from $143,000.

However eager buyers had better be quick as the remaining home-sites within the first two stages are not expected to last long due to the high demand and affordable price tag.

Once completed, the master-planned community will offer residents a plethora of facilities and infrastructure including fibre-optic cabling for superior broadband access as well as ‘Club Mandalay’, an exclusive residents club showcasing a gymnasium, swimming pool, café, tennis courts and more.

Residents with a green thumb will flourish as class-A recycled water will be accessible to every home-site ensuring lush green gardens year-round.

Mandalay development manager, Rod Binedell, said generously-sized home-sites offered home buyers the opportunity to move up the property ladder and enjoy a lifestyle benefiting from Mandalay’s comprehensive benefits.

“ Home buyers are sick of living on top of their neighbours in cramped, over-populated areas.

“ Buyers here will have access to onsite amenity including education facilities as well as access to luxurious open spaces which occupies approximately 40 percent of the overall site.

“ Already we have seen buyers quickly realising the potential to live a more relaxed, spacious lifestyle at Mandalay with an array of top-notch facilities at their fingertips,” he said.

“ This is evident in the sales results thus far as home hunters are enticed by the generously sized home-sites which are proving too good to refuse.”

“ We expect strong sales to continue as home buyers are captivated by the idyllic lifestyle offered at Mandalay.”