Perth Hub Proves Popular With Buyers in Perth
As construction nears completion on Far East Consortium’s Ritz Carlton in Perth, the renowned developers have shifted their focus to its new $1.4 billion project which will take place in Perth’s Northbridge. Four years ago, Far East Consortium acquired the prime location for the complex, with plans to transform the site into a dual-tower multi-use complex.
The Cottee Parker-designed Perth Hub has undergone many design iterations over the journey, before gaining approval last year. One tower stands at 32-storeys tall and comprises 304 residential apartments. The second tower will house the 4-star Dorsett hotel and will feature 250 rooms across 23-storeys. An exception to the tower height restriction was made, due to the floor space being creatively redistributed throughout the tower – demonstrating design excellence.
Situated across the popular shopping strips of King, Perth and Lake Streets, the property will act as a gateway to the city’s famous shopping district, as well as housing its own 1,200 square meter retail shopping complex. It’s also close to some of the world’s most beautiful beaches and walking distance to cultural landmarks including Scitech Science Museum, His Majesty’s Theatre, Kings Park, and the Art Gallery of Western Australia. The project is estimated to bring approximately 1 million visitors to the area per year, which will assist with boosting Perth’s annual tourism rates
“As construction and development progress over coming years, we will see retail, hospitality and hotel operations continue to boost the State’s economy… local, interstate and international visitors have Perth Arena and Yagan Square at their feet with the added bonus of direct train services to key destinations. With new hotel options, this will now be the ultimate destination for commuters and a popular weekender escape.”
– Planning Minister Rita Saffioti
The residential tower has been designed with a range of apartment configurations available, to facilitate first-home-buyers entering the property market.
“We think Perth Hub is going to be a really good opportunity for youthful buyers. We are very much targeting it at the young or young at heart.”
– FEC WA manager Dan Sweet.
The desirable location and affordable rates have seen 120 off-the-plan apartments sell almost instantly, with only 184 residential properties left on the market. Interested? Enquire here.
Guest and resident amenities include a lobby bar, meeting space, spa facilities and a direct connection to the underground Perth Central Station and Bus Port.
Completion is anticipated for mid-2020.