Thomsons advised on the first 31 sales in the luxury Becton multi-tower residential development at Waterloo in Sydney, which settled on Friday 18 May, 2012. Becton refers to this development as the “Jewel in the Crown” of their current assets.
The Thomsons’ Sydney Property team were first instructed by the listed property development company in June 2009 on this development of 645 residential apartments and 17,000m2 of commercial space. The title structure is a variety of “staged” strata development. The balance of this tower and four more stages in Block B comprising 289 units will be completed in calendar year 2012. The settlements for the entire development will span FY2012-2016.