BUYERS have made a rush on construction and property development company St Hilliers new $45 million waterfront development, Atelier, located on the prestigious Kingston Foreshore in Canberra.
After only two weeks on the market deposits have been received on 54 of the available 74 apartments including all two-bedroom waterfront and north facing apartments.
St Hilliers Development Manager Scott Ginnivan said that buyers were giving great feedback about the quality of the interiors and architecture.
“There’s been a lot of interest in Atelier and in particular purchasers are attracted to its quality and location as these apartments are among the last available on Canberra’s Kingston Foreshore,” Mr Ginnivan said.
“We were expecting a high level of interest as the development offered an increasingly rare opportunity for purchasers.
“With the rush on sales we expect construction to be able to start in the first quarter of 2015.”
Buyers have come from around Australia including Canberra locals with the majority being owner occupiers.
Atelier will feature a choice of stylish and spacious one, two and three-bedroom apartments, with the majority offering spectacular water views.
Designed by award-winning architects, Bates Smart, the residential development will feature a variety of building materials including timber, bronze and glass. The waterfront setting maximises access to the harbour and lake views throughout.
Residents will enjoy an enviable lifestyle, with the vibrant Kingston Foreshore waterfront precinct on their doorstep. Once complete, there will be more than 60 retail and hospitality outlets in the precinct, including cafes, restaurants and boutique shops. The Old Bus Depot markets are a weekend institution and a wonderful destination for regional food and wine, jewellery, art and clothing.
For more information on Atelier visit http://atelierkingston.com.au