Developer fast-tracks third apartment building at Circa Nundah Village due to buyer demand
Developer Property Solutions has launched the final stage of its $270 million Circa Nundah Village project
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DEVELOPER Property Solutions has launched the final stage of its $270 million Circa Nundah Village project.
The nine-level, 120-apartment, Three Nundah Village building was fast-tracked due to strong sales in the previous releases.
Property Solutions managing director Kevin Miller said buyers were increasingly drawn to the precinct.
“We’ve secured high-quality retailers and dining operators which has significantly uplifted the area and made it a destination rather than a thoroughfare,” he said.
“This particular area of Nundah has been gentrified over the past few years and that has had a very positive effect on sales.”
Buyer demographics are also shifting from investors in the early stages of the project to owner-occupiers now looking for lifestyle options.
The Nundah Village precinct comprises several residential buildings, a Woolworths supermarket, 11,000sq m of office space and retail, dining and lifestyle amenities.
The new building will comprise one and two-bedroom apartments with prices starting at $376,000, including a car park.
The airconditioned apartments will have open-plan living areas with floor-to-ceiling glass. Kitchens will feature stone benchtops and European stainless steel appliances.
Property Solutions has completed 150 projects throughout its 20-year history, including the Centro on James Street project, the $350 million SW1 development in South Brisbane and The Barracks, a $150 million mixed-use and entertainment precinct in Paddington.
Circa Nundah Village was recognised for its contribution to Nundah’s gentrification with an Urban Development Institute of Australia (Qld) Award for Excellence in Urban Renewal in 2015.
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