Eight makes super viewing
SPECTACULAR views will deliver more than just pleasing panoramas for buyers at a hillside apartment development in Maribyrnong.
ICG Property director Stephen Fergus believes the vistas from his Eight project will also propel eye-catching capital growth.
The boutique project, consisting of 38 one and twobedroom apartments over five levels, is the final piece of an infill development on the banks of the Maribyrnong River. From its elevated position at 8 Horizon Drive, Eight overlooks the surrounding lower rise apartments and townhouses built about 14 years ago.
“You’re high on a hill and that gives you that panoramic view,” Mr Fergus said. “You just look over parkland, the river and the city, and you’re not going to be built out ever.
“And for me, with all the apartments that are available everywhere, the key to capital growth and long-term investment is having the comfort of a protected view.
“That’s pretty cool.”
Mr Fergus said the project’s location would also put residents within walking distance of Highpoint shopping centre, which underwent a recent $300 million makeover, and just 8km from the CBD.
Designed by architects Rothelowman, the development would also feature high-end finishes, including 40mm stone benchtops in the kitchen and bathrooms, European appliances, the option of timber floors, plus basement car parking.
Mr Fergus said the development had been a hit with owner occupiers and investors, with more than half the apartments snapped up since they hit the market about two months ago.
One-bedroom apartments are priced from $355,000 to $395,000 and two-bedroom $460,000 to $800,000.
For more information, phone 1300 883 722, visit the display suite at 8 Horizon Drive, Maribyrnong, open 2pm-4pm Wednesday and 2pm-5pm weekends, or see eightliving.com.au