Frasers Property Australia and Sekisui House Australia, the joint venture partners behind the award-winning A$2 billion Central Park in Sydney CBD, have sold and settled the three final retail assets.
Only two homesites remain at Seaspray Island.
Perth – 13 November 2017 - Homesites at Port Coogee’s exclusive Seaspray Island are selling fast as the multi-award winning project by Frasers Property Australia prepares to celebrate its 10th anniversary.
Stuart Gardiner, General Manager – Residential WA, Frasers Property Australia, said recent interest in Seaspray Island, where only two homesites remain, was a positive sign ahead of Port Coogee’s 10th anniversary celebrations.
“A decade ago, Port Coogee became one of the most transformative projects Perth had seen, and even today Frasers Property is still being recognised for the scope and vision of this highly-ambitious development,” Mr Gardiner said.
“The recent interest in Seaspray Island highlights the fact that buyers are keen to take advantage of what is a truly unique lifestyle, not just on the island itself but right across Port Coogee.
“In fact, throughout North Coogee, local agents have recently reported strong sales which is in no small part due to how Port Coogee has redefined the area as a destination suburb.”
Just five minutes from Fremantle, Port Coogee is among Perth’s most iconic residential projects, turning what was once a barren industrial area into a thriving marina community that will be home to approximately 4,000 residents upon completion.
At its heart is Seaspray Island, a unique man-made island which has garnered massive interest in recent months. Since June this year, 11 lots at Seaspray Island have been sold, with just two available. The remaining lots offer a boutique lifestyle opportunity ideal for families or downsizers, while a range of other lots within the development provides even more coastal living options.
With an end value of nearly $2 billion dollars, Port Coogee will ultimately consist of more than 820 homes, 1,100 apartments, a 300-berth marina and thriving retail and commercial precinct.
From a vacant stretch of coastline known for its abandoned industrial buildings, Port Coogee is now a true destination suburb that attracts tourists and visitors and has helped spawn a vibrant local economy.
“The land around Port Coogee had a long and colourful history but was underutilised until construction began in 2007,” Mr Gardiner said.
“Today the difference couldn’t be starker. You only need to come down to Port Coogee on a sunny day to see people swimming at the beach and enjoying the local cafes to see the kind of positive impact this development has created.
“The team at Frasers Property is incredibly proud of what we’ve been able to achieve at Port Coogee in terms of building a community and connecting people.
“Having been in WA since 1924, I think part of the project’s success has been in knowing what works for West Australians and using that understanding to create a true legacy development.”
To celebrate its 10th anniversary, Port Coogee will host a series of free community events throughout summer.
For more information on lot availability call Trent Quinn-Schofield on 0412 088 644 or visit www.portcoogee.com.au.