Skytower Adds More Units As Buyer Demand Rises

Buyer demands and preferences uncovered during its sales campaign have forced Skytower to propose new changes to its residential skyscraper, with an application lodged to configure apartments affecting 29 levels of the building at 131 Mary Street and 222 Margaret Streets.

A total of 51 one-bedroom apartments across levels five through to 34 are proposed to be converted from one-bedroom units to two-bedroom apartments.

Skytower's amended Level 5 plans. Source: DAThe Application documents reveal that given the substantial number of apartments included within the building, "it has become apparent through the sales process that there is a strong preference for two bedroom apartments".

Skytower's north-west view from its Penthouse 88 rangeWhilst the apartments are smaller than a typical two bedroom apartment, they are more attractive given the opportunity they provide for two unrelated persons to occupy the apartment, which would not be possible in a one bedroom apartment.

Further, a number of the apartments within the lower levels are approved as both Short Term Accommodation and Multiple Dwelling, and it is considered quite likely that the these apartments will be predominantly used for Short Term Accommodation purposes, which therefore substantially benefits from the second bedroom.

It is noted that the changes relate to the 222 Margaret Street plans only, and no changes are proposed to the balance of the approved plans.

The proposed changes are internal to the approved built form and will not impact on scale, bulk or appearance.

The proposed changes will not place additional demand on infrastructure, noting one and two bedroom dwellings attract the same infrastructure charge amounts.