A High street shopping village at Cannon Hill is a step closer to reality as developer Anthony John Group prepares the next stage of its $600 million East Village project.
The latest residential stock will include two and three-bedroom ground-floor terrace apartments, secure underground parking and 1200sqm of landscaped parkland.
Designed in conjunction with Cox Rayner Architects, the buildings are deliberately separated to allow light and breezes to flow freely between the spaces with access for pedestrians linking the park and high street.
Anthony John Group CEO Shane Bulloch says buyer interest in the project is strong.
The proposal includes 140 one, two and three-bedroom apartments.
The current $42 million residential release, The Quarters, is already sold out and due for completion mid-May.
“The first two releases sold out well in advance of completion and we are encouraged by the continuing strength of public interest,” Bulloch says.
“It demonstrates to us that East Village is meeting the demand for excellent quality lifestyle amenity and new apartment offerings in the area.
“We are also pleased by what we can see happening within the development.
“Renters are becoming buyers, buyers are referring friends and family, so there is a real community forming of people who have become passionate advocates for East Village.”
On completion East Village will include shops, cafes, a cinema, up to 1,000 apartments and a hotel, transforming Cannon Hill into a destination hub.
(Source: Realestate.com.au by Paula Shearer 20 MAR 2016)