This year the Easter Bunny won’t just be delivering eggs to those in the Western suburbs of Adelaide, but also bringing to market the latest approved apartment project in St Clair.
Affectionately known as Pop, Park On Parade will officially hit the market this month, with 30% of the apartments sold prior to public release.
“Park On Parade brings to life the very best one and two bedrooms apartments in the thriving St Clair area,” said developer and local builder, Buildtec Managing Director, Anthony Carrocci.
“Starting at just $285,000, with stamp duty concessions also applying, makes these homes an affordable option for those looking to break into the property market.
“The strong reception from the market for this project to date indicates that St Clair is a growing and affordable area for the inner west.”
Built to owner-occupier standards with high quality finishes throughout, the apartments feature stone bench tops, European appliances, mirrored splashbacks, floor to ceiling windows and private balconies which maximise natural light and the prime park frontage.
“Park on Parade is conveniently positioned adjacent to the main shopping precinct of St Clair – Adelaide’s newest all-in-one locations – and within a few minutes’ walk to great schools, restaurants, cafés, leisure facilities and medical services,” said Loretta Cavallaro, Director of Varo Property who are selling the sought after apartments.
“Increasingly we’re seeing young professionals, first home buyers and families buy into this area, as they recognise the convenient lifestyle which they are buying into and the investment potential. Park On Parade gives purchasers confidence to break into the market with rentals yields which are higher than average –approximately 5.2%.
“Park On Parade truly will enable residents to find their outer city bliss.”
Builder and developer, Buildtec, is an expert in urban infill housing developments and redevelopments in South Australia, delivering industry-leading property and construction services for a portfolio of clients ranging from small to medium local businesses to large multi-nationals.
The project is expected to begin construction mid this year.