Unison property development project, Australia

30th May 2014

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Unison property development project, Australia.

Client
Finbar Group.

Project Description
The project entails the development of 347 apartments and four commercial lots on the former Ross’s Auction site, located on the corners of Tenth avenue, Kennedy street and Railway Parade, in Maylands, Perth.

The approved project will be developed in two similar halves, comprising 167 apartments and two commercial lots on Tenth avenue; and 180 residential apartments and two commercial lots on Kennedy street. The combined Unison development will consist of 347 one-, two-, and three- bedroom apartments, with four ground-level commercial tenancies fronting Railway Parade. Three-storey podiums to the streets will provide a human-scale interface with two ten-storey towers located in the centre, including high amenity landscaped common areas and facilities such as swimming pools, gymnasiums, games rooms, residential lounges and saunas.

Value
The project is estimated at $188-million.

Duration
Construction is expected to start in early 2015. Stage 1 of the project is expected to be completed in 2016 and Stage 2 in 2017.

Latest Developments
Finbar has received approval from the Metro Central Joint Development Assessment Panel for the project development.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Finbar Group MD Darren Pateman, tel +61 8 6211 3300 or email darren@finbar.com.au.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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