5 November 2016
Sales of JQZ’s ‘Prime’ sparks a buying frenzy
More than 200 of 300 apartments released in stage 1 sold in less than two hours

Sydney based property developer JQZ has seen a buying frenzy on its first day of sales with over 200 apartments sold in under the first two hours of its first sales release on Saturday 5 November 2016. Over 200 buyers attended the sales launch with long queues lined up outside the door from 7.30am.

JQZ’s vision for their much-anticipated landmark development, Prime, is to provide its residents the ultimate in lifestyle offerings and convenience, right in the heart of Macquarie Park, in what has been predicted to become Sydney’s fourth CBD. This development reinforces Macquarie Park as one of Australia’s current property hotspots.

The average prices paid by the majority of local buyers for one-bedroom and one bedroom + study apartments was $653K-$850K, for two-bedrooms and two-bedrooms + study was $1.040M-$1.410M, for three-bedrooms was $1.380M-$1.548M and two-three bedroom penthouses was $1.520M-$2.580M.

Jian Qiu Zhang, Founder and CEO of JQZ said “today’s sales success has been extremely encouraging. CBRE, our sales agents received many registrations of interest so we are pleased that so many have translated into actual sales.”

“The unique location of this project makes it an exceptional offering. It will literally be positioned right next door to the prestigious Macquarie Centre, so there’s also an amazing opportunity to offer the ultimate in shopping convenience for residents. It’s also just minutes’ walk to the Macquarie University and Macquarie University Train Station. A bus stop will also be right on its doorstep.”

Ultimately, the development will feature 680 one, two, three and four-bedroom penthouse apartments across four towers, each 20 storeys high. Lane Cove National Park will be seen from the north-facing apartments and the Sydney CBD will be seen from the south-east facing dwellings.

David Milton, Managing Director, CBRE said “buyers have recognised the unparalleled convenience this development will offer. With integrated living becoming more and more desirable in Sydney, this project couldn’t be more appealing in terms of its offering”.

“The ground floor is recessed to create a plaza area to activate the street front and provide an extension of the Macquarie Centre retail experience. This will include restaurants, cafes and alfresco dining, a children’s water play area and public art. It will be a landscaped public domain area and provide an important extension of the shopping centre”.

“The 4 towers will each sit on 4 storey podiums. There is a viewing platform which overlooks the central plaza, a landscaped reading/meditation space, 25 metre heated under-cover pool and adjoining spa and gym. The central garden, complete with bbq’s, will be unique to the rest of Macquarie Park. The penthouses will even have internal stairs to access their own private rooftop gardens. There are 19 penthouses in total.”

“The 2000sqm food and beverage retail plaza within Prime will essentially become a seamless extension of Macquarie Centre. This public domain will become an important value add to the Macquarie Centre shopping experience” added Mr Milton.

“At JQZ our priority is to offer maximum convenience and lifestyle offerings for our buyers. Prime will be the place of ultimate convenience, where buyers can work, play and relax right where they live – and you couldn’t live in a better part of Macquarie Park” added Mr Zhang.

JQZ’s own in-house construction team is expected to commence building works in mid-2017 to ensure the high-quality construction standards the company demands are achieved and delivered on time.

The Prime sales gallery is open from 11am to 4pm seven days a week.

For more information, visit www.primemacquarie.com.au

or call 1800 579 666.