Southern Gazette (South Perth) - - Residential -

THE newly re­de­vel­oped The Springs precinct in River­vale has wel­comed its first res­i­dents as Fin­bar com­pleted its first pro­ject in the com­mu­nity.

Val­ued at $11 mil­lion, the 188apart­ment Spring View Tow­ers leads the way with its one, two and three-bed­room units boast­ing fan­tas­tic views of the Swan River.

A small num­ber of apart­ments are still avail­able, with one-bed­room apart­ments start­ing at $425,000 and two-bed­room, twobath­room units priced from $495,000.

In recog­ni­tion of its high amenity and con­tri­bu­tion to the com­mu­nity, the pro­ject was awarded the City of Bel­mont’s Op­por­tu­nity Award last year.

Fin­bar Group chief ex­ec­u­tive Ron­ald Chan said The Springs precinct would ul­ti­mately of­fer an en­vi­able lifestyle.

“We have seen a mix of buy­ers from 26 to 55 years old who are seek­ing a cen­tral lifestyle, which will be close to some of Perth’s new­est at­trac­tions in­clud­ing the Perth Sta­dium and Sher­a­ton’s fives­tar Aloft Ho­tel,” he said.

“While the com­pe­ti­tion is in­tense in The Springs, our de­vel­op­ment of­fers re­sort-style ameni­ties such as a 20m so­lar-heated pool, gym, games room and sauna, which sets it apart.

“Presently, one-bed­room apart­ments are leas­ing for $360 and two- bed­room for $475 per week, which re­flects a pos­i­tive re­turn for in­vestors as well as buy­ers who are seek­ing to gain en­try into the prop­erty mar­ket.”

Fin­bar’s next pro­ject in The Springs is Ar­bor North – aptly named as the res­i­dents’ pri­vate court­yard will fea­ture a 130year-old white fig tree – with 71 per cent of the de­vel­op­ment al­ready sold.

The nine-storey bou­tique pro­ject will fea­ture one-bed­room apart­ments priced from $398,000 and two-bed­room units for sale from $498,000.

For more in­for­ma­tion, visit www.springview­tow­ers.com.au or www.arbo­ra­part­ments.com.au.

The Spring View Tow­ers com­plex of­fers top-qual­ity fin­ishes and an en­vi­able po­si­tion.

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