Strong demand for riverside locations and a more buoyant real estate market have prompted the release today of an additional seven lots at one of Perth’s most sought-after addresses.

The lots - at LandCorp’s Minim Cove estate in Mosman Park - range in size from 416sqm to 505sqm, with prices starting at $1.1million.

Mario Claudio, business manager metropolitan south said demand at Minim Cove has been particularly resilient in the previous nine months and this reflected the high regard purchasers had for the estate. “Minim Cove is one of the city’s premier addresses, just minutes from the CBD with a large portion of the estate dedicated to open space so residents can enjoy all the benefits of a riverside lifestyle,” Mr Claudio said.

“The estate’s spectacular location and a design that takes full advantage of the proximity of the Swan River has seen it become the setting for some of Perth’s most attractive homes, many of which are now well established,” he said.

Knight Frank’s Graeme Kiddey said sales at Minim Cove have been strong since mid 2009, with a high level of enquiry and buyer interest. “Buyers wanting to move into larger homes or up-size have been able to sell established homes, given a more invigorated real estate market in general.

“Minim Cove is a popular choice, as it is close to some of Perth’s leading schools, sporting and recreation facilities, in addition to its picturesque location on the Swan River,” he said.

Construction of additional lots will commence mid-year, with more lots expected to be market-ready in 2011.

For more information, contact selling agent Graeme Kiddey of Knight Frank on 9335 5352 or visit ww.landcorp.com.au/minimcove