DEVELOPER Cedar Woods has sold 60 per cent of apartments in their Nautilus apartment development in Rockingham.
Late last year, Cedar Woods went back to off-the-plan purchasers and for an increase in prices due to an unforeseen rise in construction costs.
At the time of going back to purchasers, the 62-apartment development was almost sold out, and it was estimated that approximately half of purchasers agreed to the price increase.
The complex is scheduled for completion in late 2006.