In partnership with the South Australian Government, Investec Australia is getting ready to launch its new residential project in the inner-Adelaide suburb of Bowden.
‘B’ apartments will be the tallest Bowden development released to date, comprising of 80 apartments which all include two bedrooms, a range of floor plan options, vehicle and bike storage.
The first 20 apartments will be available for owner-occupier or investor purchase this Saturday (March 14) with completion and occupancy planned for early 2016.
Nigel Brophy, a Director of Investec’s Infrastructure Finance and Investment Business, believes there are increasing opportunities for residential development with the recent growth in demand for housing in Adelaide’s inner suburbs.
“Bowden is a fantastic location where residents can enjoy the green open spaces and easy access to public transport and other local amenities.”
“The apartments, inspired by the journey of New York’s B-Line subway from Brooklyn’s Brighton Beach to the heart and soul of the Bronx, enables buyers to tap into the diverse culture, community and shopping precinct of Bowden,” said Mr Brophy.
Sitting opposite Kevin Taylor Park, the development is located less that 4km from the Adelaide CBD with close proximity to public transport.
“As the first development to be released in Bowden since July 2014, we expect the first release of ‘B’ apartments to tap into surging buyer demand in the Bowden area,” said Mr Brophy.