First 17 townhouses at Southwark Grounds on sale from Monday afternoon in milestone for $1bn 1300-home Renewal SA project
One of Adelaide’s most hyped housing projects has reached a major milestone as striking red-brick townhouses hit the market.
The first homes in the $1bn, 1300-home Southwark Grounds development will hit the market on Monday in a major milestone for the government project.
The 17 townhouses going on sale are presently being built at Founder’s Row, along Holland St on the western edge of the development site, which re-purposes the former West End Brewery.
Three of the homes are classified as affordable, starting from $629,000, while prices for the other 14 will range from $945,000 for two-bedroom houses to $1.495m for the three-bedroom houses.
Renewal SA is anticipating a high enough level of interest to prepare a ballot system to select one prospective buyer per home using a random number generator, in the probable event multiple buyers lodge interest in the same property.
The government has spruiked the homes as shining beacons of design excellence, referring to them as “architecturally designed townhouses” which draw on Thebarton’s brickmaking and brewing heritage.
Planning Minister Nick Champion said he was “certain Southwark Grounds will set a national standard in urban renewal projects”.
Skye Bayne, an executive director at Renewal SA, said the Founder’s Row homes would give developers “a baseline of the expected level of quality and design” throughout the development.
“Literally thousands of people have inquired about Founder’s Row since we began our early expressions of interest campaign last month,” she said.
Southwark, the development’s home in Adelaide’s inner west, officially became a new suburb late last month.
This was the original name given to a private subdivision with similar boundaries in 1881, before Thebarton was later adopted as the suburb name.
The homes at Founder’s Row were designed by Studio Nine Architects and will be built by Blag Homes.
Studio Nine Architects said the houses would “set the benchmark for Adelaide’s next great neighbourhood”.
