Vida Terraces in Alexandra Hills marks a significant milestone for Fiteni as our first-ever freehold terrace development. This venture showcases our commitment to quality, innovation, and community-focused development with the creation of an alternative housing type to traditional Medium Density Residential (MDR) products such as townhouses or duplexes. With Stage 1 now sold out and Stage 2 nearing completion – Vida Terraces has set a new benchmark for future terrace projects in the Redlands.
Vida Terraces Project Overview
Located in the heart of Alexandra Hills, Vida Terraces were designed to offer eight, freehold, modern terrace homes while maintaining the charm and community feel that Fiteni projects are known for. The project was carefully planned to balance aesthetics, functionality, and sustainability, providing residents with homes that are as practical as they are beautiful.
Market Interest & Insights
Over the past few years, we’ve observed a significant increase in clients searching for more diverse housing options in the Redlands. In response, we launched a research campaign – Redlands Coast, The Future of Home – to explore the feasibility of freehold MDR developments. Our findings revealed some compelling insights:
- The majority of Redlands residents live in standard 4 or 5 bedroom standalone homes. Often with only 2 or 3 occupants.
- Many residents expressed interest in alternatives to large standalone homes, provided they didn’t have to compromise on lifestyle or amenities.
- A significant number of respondents preferred low-maintenance lots and desired proximity to restaurants, bars, and shops.
- A majority of respondents wanted to see greater housing choice whilst preserving the charm and character of the Redlands coast.
These insights were pivotal in guiding our decision to pursue an innovative evolution to MDR development, with Vida Terraces as the first realisation of this vision.
Vida Terraces: Meeting Market Demand
Vida Terraces was our answer to the growing demand for modern, low-maintenance, and luxurious living spaces in the Redlands. We wanted to create a housing option to fill the missing middle. A housing type that buyers would seek out as their preferred option. Not something that was a less sought after choice behind traditional housing types. Now nearing completion, the project has received an overwhelmingly positive response from potential buyers and the community alike.
Vida Terraces introduce a new standard of living to Alexandra Hills, featuring:
- Fiteni’s Signature Craftsmanship: As always, our commitment to superior construction quality is evident throughout the project.
- High-End Fixtures and Fittings: From premium materials to meticulous finishes, every detail has been carefully considered.
- Extra Considerations: Large skylights ensure abundant natural light, while spacious entertaining courtyards provide perfect outdoor living spaces. Additionally, residents enjoy the unique benefit of overlooking a beautiful park with no opposing neighbours, enhancing privacy and tranquility.
Key Features
- Modern Design: Each terrace home features contemporary architecture with high-quality finishes, 3 bedrooms, open-plan living areas, and abundant natural light.
- Sustainability: Energy-efficient and eco-friendly materials as well as solar panels were integrated to promote sustainable living.
- Community Focus: The layout encourages a sense of community, with open-plan kitchen, dining, and living areas flowing into the outdoor entertainment space. Plus, proximity to local cafes and restaurants highlight this sense of community.
Challenges & Solutions
Being Fiteni’s first MDR terrace project, Vida Terraces presented unique challenges. Navigating Terrace construction methodologies and regulations, and ensuring the project met both our high standards and those of the Redlands community required meticulous attention to detail. Our team worked closely with architects and contractors to address these challenges. This resulted in a smooth development process and a high-quality final product.
Market Reception
The market response to Vida Terraces has been overwhelmingly positive. Stage 1 sold out quickly off the plan, demonstrating strong demand for well-designed terrace homes. The continued interest in Stage 2 underscores the project’s success and both the trust placed in the Fiteni brand and their interest in this new and exciting housing option.
What Sets Vida Terraces Apart?
- Prime Location: Situated in Alexandra Hills, residents enjoy easy access to schools, shopping centres, parks, and public transport.
- Quality Construction: Fiteni’s reputation for building durable, high-quality homes extends to this project, with attention to detail evident in every aspect.
- Tailored Living: The terraces offer flexible living spaces that cater to diverse lifestyles, from young professionals to empty nesters.
Looking Ahead
Following the success of Vida Terraces, Fiteni is excited to announce more terrace projects coming soon to the Redlands. These upcoming developments will continue to reflect our dedication to quality, innovation, and community-centric living. They will also be offering even more options for those looking to call the Redlands home.
Vida Terraces stands as a testament to Fiteni’s ability to successfully expand into the freehold MDR sector without compromising on quality or community values. With only a few homes remaining, now is the perfect time to become part of this thriving community. As we look forward to completing Stage 2 in the coming weeks and exploring future MDR opportunities, Vida Terraces will remain a proud highlight in Fiteni’s development portfolio.
Interested in securing one of the last remaining terraces? Contact us today to learn more about Vida Terraces and discover the perfect home for you.
