Development Type: Multi Unit/Apartment
Lot Area: 690 m2
Number of Apartments: 6
Housing Type: Five 2x2, One 2x1 apartments
Close proximity to Abbett Park, local cafes, shopping centres and main transport links, the site is a great example of utilising recent changes in the R codes to allow higher density multi units to be constructed. Under the normal provision for the R40 zoning this site would allow three units or town houses but we were able to build 6 substantially increasing the profitability of the project and the potential rental yield.
An increasing demand amongst down seizers and young professionals to purchase low rise apartments that have all the benefits of the apartment lifestyle without the high fees associated with being part of a large multi-story apartment complex is driving the popularity of low rise apartments in residential areas.
Proximity to local transports links and shops is key to the success of multi-unit projects along with a quality turnkey finish such as stone bench tops and quality landscaping.
The result was a design which featured 6 fully turnkey apartments with quality inclusions such as stone benchtops, external wall cladding and landscaping