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Prestige flats go on sale in Ca...

Prestige flats go on sale in Canberra

Apartments in the tallest tower in Canberra are expected to be in strong demand when they go on sale in a few days.

Apartments in the tallest tower in Canberra are expected to be in strong demand when they go on sale in a few days.

Flats in the 88-metre high Wayfarer Apartments project in Belconnen are likely to be very popular with buyers and investors, reports the Canberra Times.

The 27-storey tower was designed by Cox Architecture and is located on the corner of Eastern Valley Way and Aikman Driven, and consists of 235 apartments.

Its new residents will be able to enjoy a sky-lounge on the 25th floor and an infinity pool on the top two levels.

The managing director of Grecon, the developer behind the project, Nick Georgalis said: "If you look at all of the projects released in Canberra lately there's probably been more hype about this - everyone's really been waiting for this to hit the market."

"I think this is the most anticipated release of any project and I hope it sells out very quickly."

Prices will start at $269,900 for a one-bedroom apartment and $679,900 for a three-bedroom and two-bathroom property.

Posted by Steve Douglas

All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

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