Eight makes su­per view­ing

Herald Sun - Property - - DEVELOPMENT - KAMAHL COGDON

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

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