Chuq
November 17th, 2004, 10:11 AM
http://www.themercury.news.com.au/common/story_page/0,5936,11411236%255E3462,00.html
High-rise living tops everything
By HEATHER LOW CHOY
17nov04
FIVE "six-star" penthouses to be built on top of Hobart's tallest building are expected to set property price records.
The double-storey penthouses, which have just been put on the market, are expected to sell for between $2 million and $4 million. Developers Basil and Justin Hetrel say "188 Collins", atop the Commonwealth Government Building, will also set benchmarks for quality in Hobart's property market. Basil Hetrel, a Melbourne-based investor, says he is planning to build the best apartments in Australia. "The views, size, design, quality and finishes are of the highest order," Mr Hetrel said. "No other development in Hobart comes close to what we are going to build here. "I looked in Belle magazine at last year's apartment of the year and I don't think it compares to our apartments at 188 Collins." The five penthouses range in size from 350 to 400 square metres and interiors feature finishes in Tasmanian specialty timbers and stone. Their lofty location provide views of the Derwent, Mt Wellington, Battery Point, Eastern Shore and northern suburbs. Architect Paul Newman said while no expense would be spared building the apartments, they were of a minimalist design. "They are striking enough to take people's interest, but minimalist enough that purchasers can make what they want of them," Mr Newman said. "The space is as suited to contemporary furniture as it is antiques." Mr Hetrel said he expected the most expensive apartment to be the easiest to sell. "The easiest apartment to sell is always the most expensive and best. It's an ego thing," he said. Mr Hetrel's family company Bellala Pty Ltd bought the Commonwealth Government Building at the corner of Collins St and Harrington St four years ago. Mr Hetrel's son Justin, who manages the building, said the top-floor residences will be private. "They will have separate entrances and car parking, and we will be building a new lift on the outside of the building just for the residents," he said. "The commercial and residential occupants will rarely cross paths."
Just wanted to add my bit - I didn't think 188 Collins was anywhere near Hobart's tallest building! The Casino is first, although not in the CBD. I thought the next two were the AMP Building and the Trafalgar Building.
High-rise living tops everything
By HEATHER LOW CHOY
17nov04
FIVE "six-star" penthouses to be built on top of Hobart's tallest building are expected to set property price records.
The double-storey penthouses, which have just been put on the market, are expected to sell for between $2 million and $4 million. Developers Basil and Justin Hetrel say "188 Collins", atop the Commonwealth Government Building, will also set benchmarks for quality in Hobart's property market. Basil Hetrel, a Melbourne-based investor, says he is planning to build the best apartments in Australia. "The views, size, design, quality and finishes are of the highest order," Mr Hetrel said. "No other development in Hobart comes close to what we are going to build here. "I looked in Belle magazine at last year's apartment of the year and I don't think it compares to our apartments at 188 Collins." The five penthouses range in size from 350 to 400 square metres and interiors feature finishes in Tasmanian specialty timbers and stone. Their lofty location provide views of the Derwent, Mt Wellington, Battery Point, Eastern Shore and northern suburbs. Architect Paul Newman said while no expense would be spared building the apartments, they were of a minimalist design. "They are striking enough to take people's interest, but minimalist enough that purchasers can make what they want of them," Mr Newman said. "The space is as suited to contemporary furniture as it is antiques." Mr Hetrel said he expected the most expensive apartment to be the easiest to sell. "The easiest apartment to sell is always the most expensive and best. It's an ego thing," he said. Mr Hetrel's family company Bellala Pty Ltd bought the Commonwealth Government Building at the corner of Collins St and Harrington St four years ago. Mr Hetrel's son Justin, who manages the building, said the top-floor residences will be private. "They will have separate entrances and car parking, and we will be building a new lift on the outside of the building just for the residents," he said. "The commercial and residential occupants will rarely cross paths."
Just wanted to add my bit - I didn't think 188 Collins was anywhere near Hobart's tallest building! The Casino is first, although not in the CBD. I thought the next two were the AMP Building and the Trafalgar Building.