28 Jan, 2016
STRONG sales activity has prompted the start of construction of the exclusive 40 townhouse & townhome Natura Collection at Pradella Property Ventures’ $75 million Canopy Bardon.
More than 75 per cent of the boutique townhome and townhouses have been sold since it launched last year. Located just five kilometres from the city beneath Mt Coot-tha, the Natura Collection offers two and three-level, three and four-bedroom architect designed residences incorporating spacious courtyards and terraces.
Building Construction company, McNab Contractors, has been awarded the construction contract and has begun work onsite.
All three of the apartment stages at Canopy Bardon have already sold out. Apartment stages 1 and 2 were completed in October last year with the first residents now moved in. The third apartment stage is due for completion by this April.
Pradella Property Ventures Managing Director David Pradella said Canopy Bardon’s leafy location in a desirable inner-city suburb; and high quality residential amenities and finishes had been major selling points for buyers.
“We believe Canopy Bardon sets a new benchmark for achievable luxury living in Bardon, one of Brisbane’s most tightly-held inner city suburbs,” he said.
“Investors have been attracted by the strong demand in the area and the low vacancy rate. The development has also secured sales from owner-occupiers, including retirees who have been looking for a tree change.
“Future developments in Bardon will not be able to match what Canopy Bardon offers in terms of price and design.”
Sales Manager Doug Walsh of Position Property said the positive response to the project was reflective of Bardon’s continuing popularity.
“With 75 per cent of townhomes and townhouses sold out, and apartments 100 per cent sold out, this represents an opportunity for buyers to position themselves within one of Brisbane’s most sought after addresses.
Three-bedroom townhouses are still available from $719,000, with some apartments in stages 1 and 2 also still available for rent.
Once complete, Canopy Bardon will comprise 80 one, two and three bedroom apartments with bushland views; and 40 townhomes and townhouses.
Canopy Bardon is conveniently located close to the lifestyle precincts of Paddington, Rosalie and Milton.
Posted in Construction Updates.