Pre-sale and con­struc­tion fund­ing tar­gets met for Su­bi­aco project

Western Suburbs Weekly - - Liftout: News -

CON­STRUC­TION will com­mence on Edge Vi­sion­ary Liv­ing’s Botan­i­cal apart­ments in Su­bi­aco, with the project achiev­ing its pre-sale tar­get and con­struc­tion fund­ing within six month of its launch.

Man­ag­ing direc­tor Gavin Hawkins said it was a rare highlight for the Perth res­i­den­tial prop­erty mar­ket and buyer sen­ti­ment at the up­per mid and top end of the mar­ket ap­peared rel­a­tively strong, with de­cent de­mand from re­tirees and empty nesters look­ing for the con­ve­nience and life­style of­fered by apart­ment liv­ing.

How­ever, the mar­ket was very dis­cern­ing and projects needed to have a pre­mium location, great de­sign, in­ter­nal and ex­ter­nal space and a unique of­fer­ing.

“The pop­u­lar­ity of (this) project with owner-oc­cu­piers can be at­trib­uted to its su­perb park­land set­ting, be­spoke de­sign qual­ity and high level of res­i­dent ameni­ties,” Mr Hawkins said.

“Con­nect­ing the vi­brancy of a pre­mier in­ner-city location with the tran­quil­ity of a stun­ning park­land set­ting, Botan­i­cal em­braces mod­ern ar­chi­tec­ture, nat­u­ral light, lux­u­ri­ous fin­ishes, pre­mium spec­i­fi­ca­tions and na­ture to pro­vide an en­vi­able re­sort-style life­style.”

Of the 74 apart­ment, 47 have sold, rep­re­sent­ing about $45 mil­lion of sales.

Jaxon Con­struc­tion has been ap­pointed and work will com­mence in com­ing weeks.

For more in­for­ma­tion, go to botan­i­cal­subi­ ■

Botan­i­cal apart­ments in Su­bi­aco.

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