The successful Warralily development will be first to bring town-home living to the Armstrong Creek Growth Area in a neighbourhood to be known as Axis at Warralily.
The new Axis neighbourhood is a boutique town-home precinct that blends high style and great design in a low-maintenance version of a traditional home, removing any need to spend precious weekends tending the garden.
Created by market leader Metricon, the four-bedroom town-homes feature stunning facades and contemporary, luxury turnkey inclusions with large windows bathing homes in sunlight.
Home Solution by Metricon’s Andrew Van Der Lugt says Axis meets the need for property diversity in the rapidly growing Geelong market.
“Town-home projects in Melbourne are in high-demand as people increasingly seek lifestyle convenience and affordability,” he said.
“Armstrong Creek, with its budding community and nearby beaches and wineries, is the perfect place for Metricon’s first town-home project in the Geelong region.”
“The prime location, adjacent to The Village Warralily community hub, means residents can take full advantage of shops, supermarkets, cafes, schools, parks and more on their doorstep. No need to take the car!”
Axis comprises 26 town-homes ranging in size from 181.08 to 190.79sqm.
Civil works are underway, with titles and town-home completions expected in mid-2019.
The first stage has sold quickly and registrations of interest for stage two are underway.
Warralily estate manager Ben Stewart says the expressions-of-interest campaign has been “super successful”, resulting in the team taking deposits earlier than planned to fast-track development. Seventy per cent of the first stage sold on release day, with stage two launching soon.
“Axis offers a fantastic way to secure a 4-bedroom, double garage property with the benefit of carefree living for substantially less than a traditional home.” Mr Stewart says.
“First-home-buyers can enter the market without compromising on home design or features at the entry-level price of $414,000.”
“It’s also an advantage that buyers pay only five per cent upfront, with nothing more to pay until the town-home is complete and the certificate of occupancy has been achieved, allowing the buyer to save prior to settlement.
“We’re seeing interest from first-home-buyers and investors, with the option for bedrooms on both levels also appealing to generational family purchasers.”