Homes in the Woden Green Tower 2 have been released for sale off the plan, offering some of the largest apartments in Canberra.
When it comes to apartment living, developer and builder Hindmarsh understands size really matters.
Independent Property Group sales consultant Nicholas Jacobs says the majority of one-bedroom apartments are about 60 square metres, while the two-bedroom homes are from 80 to 98 square metres of living space.
The three-bedroom apartments rival free-standing homes in terms of space and design.
“People are embracing the conveniences of apartment living, but they don’t want to compromise on space, particularly if they are downsizing from a family home,” Nicholas says.
Investors are also seeking larger homes because they offer great resale value, he says.
With all but 30 of the apartments in the 16-storey Tower 1 sold, Nicholas says there has been keen interest in Tower 2. It will include 152 apartments ranging from one to three bedrooms, including the highly sought-after three-bedroom penthouses and sub-penthouses.
Woden Green is attracting a mix of buyers, which Nicholas says will ensure a real community feel once the three-tower precinct is completed in late 2024.
With a host of shared communal facilities, including an indoor pool, barbecue areas, playground and dog park, Woden Green will be a “suburb within an apartment complex”.
“This development really does offer something for everyone,” he says.
“There’s a variety of floor plans and many of the apartments have fantastic views looking out to Black Mountain Tower or over Woden Town Centre.”
The 3000 square metres of landscaped, tropical-style communal areas on an elevated “podium” level offer privacy and a host of recreational opportunities for residents.
There’s a purpose-built playground and park for the children, sprawling lawns and a barbecue area ideal for get-togethers, while the cinema or kitchen dining area can be booked for private functions.
Flooded with natural light, the 25-metre indoor pool and gymnasium are ideal for those wanting to keep fit.
Nicholas says the addition of splash pools and tranquil sundecks, plus private cabanas give the outdoor areas a real tropical feel and are a great place to relax and unwind.
“There’s been an evolution in apartment living and the addition of a dog park in the development caters to the large number of people looking for pet-friendly homes,” he says.
Each apartment has been designed to maximise the sublime views and peaceful setting, and provide a high level of comfort close to the town centre.
The towers will be built on the eastern edge of town, in a residential area, making the most of the views and easy access to the shopping centre, cafes and restaurants.
“Woden is becoming incredibly popular with great shopping, Eat Street and entertainment, and we’re seeing many buyers are looking to Woden rather than buying an apartment in the city.”
The residences have been carefully designed for modern life, with select apartments including a work-from-home space or media room.
Traditionally snapped up by downsizers, first home buyers, investors or corporate couples, families are now looking to take advantage of the lower prices, low-maintenance living, proximity to city centres and schools, as well as the community connections that come with apartment living.
“There has been an increasing trend towards families moving away from the traditional house on a suburban block and embracing apartment life,” Nicholas says.
“Some of these apartments are as big as a house and you have all those extra communal areas.”
Construction is set to begin early in 2023.
The one-bedroom apartments in Woden Green start at $450,000, with two-bedders from $645,000 and the spacious three-bedroom homes on the top two levels priced from $1.4 million.
Apartment models can be viewed at the display suite adjacent to the building site from 12 to 2 pm and 4 to 6 pm weekdays and from 10 am to 4 pm Saturday and Sunday.