After more than a decade of debate over development on the former brick pit site at Kirrawee, the first stages of South Village are less than 12 months away from completion.
The first three apartment blocks on the edge of Princes Highway, as well as the new shopping centre, are due to be finished in August next year.
The schedule was revealed in conjunction with the sales launch of the Panorama building, which is the highest in the development, with 156 apartments over 13 levels.
“Panorama is virtually the middle tower and looks over the park,” said David Milton, managing director of real estate agency CBRE, which took over sales for builder Deicorp in June.
“Prices start at $555,000 for one bedroom apartments and go up to $1.4 million.”
Mr Milton said Panorama was the fifth of seven apartment blocks to go on sale.
Of the 400 units previously placed on the market, all but 36 had been sold, he said.
Mr Milton said the development would include a total of 770 apartments when it was completed in August, 2019.
“Since we started selling the development on the June long weekend, we have sold more than 90 apartments,” he said.
“We are selling more to local buyers.
“A lot of people are not aware of how much is available here, with the everyday convenience of the new retail centre, cafes and park and being so close to the train station.”
Mr Milton said he believed public views of the development had been affected by “a lot of negative publicity”.
Mr Milton said 80 per cent of sales in the previously released building, Seascape, were to existing residents of Sutherland Shire and St George, from first home buyers to downsizers.
Mr Mlton said the retail centre would include Coles and Aldi supermarkets and 27 specialty stores, restaurants and cafes.
It will be owned and managed by Payce and Mirvac, owners of the East Village retail centre at Zetland.