Jinding has wrapped up the sale of its $116 million “Octave” development at Junction Village in Melbourne’s outer southeast, with 100 per cent of the lots now sold out.
Located beside the Royal Botanical Gardens Cranbourne in the City of Casey, the sustainability-driven community comprises 321 lots ranging from 294 to 1629 square metres with 7-Star Green Star townhouses and around 21 per cent of the masterplan dedicated to parks and conservation.
“Cranborne is experiencing rapid growth and funding. We look forward to delivering a premium development to the area and high-quality homes to our customers” said Jinding Chief Executive Officer, Luke Guthrie.
The majority of homes are under construction in the first three stages. Land construction of stages four to seven is currently underway, with settlements anticipated from spring to summer this year.
Since launching in Melbourne in 2016, Jinding has acquired eight sites across Victoria and has expanded into Queensland with its first development on the Gold Coast. Octave is the first Jinding project that reached the milestone of 100 per cent sold out.