Terrace luxury site nears $10m
A LOCAL developer has picked up a luxury apartment site opposite Langley Park in an off-market deal understood to be worth up to $10 million.

The sale of the pricey riverfront property reveals the fierce competition for quality residential sites as Perth's burgeoning luxury apartment market continues to gain momentum.

The vacant site at 132 Terrace Road is being touted as the last major residential development land in the luxury apartment precinct at the east end of the city.

The eight-figure price tag is unlikely to dampen fierce competition between developers who are caught in a race to secure waterfront land in metropolitan Perth for luxury residential projects.

The property is part owned by the Indonesian Tanoko family through Tropicana Terrace, which acquired the land in 1998 for $6.14 million.

Industry sources suggest the site has sold for as much as $10 million following the success of other luxury waterfront developments in Perth, including the Raffles Waterfront.

The site previously had approval for a 27-storey development with 93 apartments that has now lapsed. A luxury development on the site could be valued at as much as $90 million.

This is not the last development site in the Terrace Road precinct of the city, but industry sources acknowledge there are scarce opportunities to buy land.

There are a number of luxury residential towers under construction east of Victoria Avenue, including the 48-apartment Hemisphere project.

Selling agent Marcus Gilmore, from FPDSavills, said the land around Terrace Road comprised some of the CBD's most luxurious residential addresses.

"In recent times the location has seen significant new development following the increased demand for inner city housing," Mr Gilmore said.

In the three major developments in the area - Panorama, Hemisphere and Finbar's $80 million Westralian project - 73 per cent of the units have sold.

The apartment sales have revealed rates between $3850/sqm to $9000/sqm for the riverfront properties.

Mr Gilmore said there was an opportunity for a buyer to amalgamate the two parcels of land on the site, or a mini-town planning scheme could be imposed on the site.

It is understood there is a potential opportunity to transfer the plot ratio from the back part of the land to increase the ratio on the major riverfront site.

There are a number of new developments in the area that are at various stages of planning, including an application for a 137-apartment development on the corner of Burt Way and Terrace Road put forward by Nutri-Metics founders Bill and Imelda Roche.

In addition, Mirvac Fini has revealed initial plans to put about 200 apartments on the prime ABC site on Adelaide Terrace.

"The luxury market is moving very quickly," Mr Gilmore said. "Developers just can't get enough land on the South Perth Esplanade to feed demand."

Any talk of over-supply in the WA market was just uninformed.

He said the quality developments should be the benchmark for assessing the market in Perth.

"What isn't moving is the developments in secondary locations that have over-capitalised," he said.

Colliers International research manager David Cresp said the residential market in Perth continued to be strong. Despite this the market for properties valued at more than $1 million seemed to be a bit slower.

"Whilst there are a lot of developers looking for quality sites, land vendors' expectations need to be realistic," Mr Cresp said.
www.thewest.com.au

Even though Perth really isn't going to have any major office developments in the next ten years (apart from Future 239 and the futuris tower, thats if they are still going ahead), at lest the restidential market looks like it may kick on for years. who knows maybe we'll get our own Eureka. :D Well that might be pushing it.

Is this the site behind Manhattan (looking down from Adelaide Terrace? Also, the site had devel approval for a 27-story tower but I thought that Terrace Road had height limits (if so, what are they?)

im not sure, im pretty sure it is because thats the only vacant site on terrace road, I dont think the site has frontage to langley park so that takes out the overshadowing factor, and if the tower is setback from the street they can build taller, its a huge site. the people @ manhattan will be pissed of if they loose their views.
the penthouse @ raffles has sold for a perth record off almost $7million [article in today AFR]

That alone is probably enough to fund construction costs of one of the Raffles towers!

Yes this all emphasises how popular apartments are in riverside areas (so long as they aren't right on a main road). I think Burswood is going to be a massive success.

they sold 85% of Raffles units in 1 week www.raffleswaterfront.com
mirvac fini had recieved 1,300 expressions of interest as of late last year for the burswood projec, and the first tower will be realeased to VIP's first - to become a VIP register your interest at this page http://www.mirvac.com.au/content/homes_apartments/perth/burswood/default.htm

I can't remember the exact name of the development, but it was a great development proposal. There is an architects firm in Queens street/lane (of Murrey street opposite Country Road and Pacific International) with a pic of it on their window.
FUCK... what was it called. This is going to bug me all night.

oh ive walk passed and seen that b4 but always wondered what it was, must get back and have a close look soon, how did the development fit the site ? did it have lowrise at the front ? the site could fit 4 or more towers

I work at the Durack Centre so I'll be right above the construction of this one.

You would have been stupid to buy an apartment at Manhatten Towers, it was fairly obvious something big was gonna be built on the vacant site sometime.

This wont be the last Terrace Road constuction site either, remember ABC will obviously get knocked down when they re-locate, which is another huge site.

Chris, it had one main tower and a small one to the west. It looked pretty cool, I remember Big Colour pages putting a pic of it on its cover around 8 years ago (it may have been an earlier proposal, but it was the same site).

Bring on the big residential developments I say.:banana: :banana:

PF i went to have a look at the pic today, I think it was call 'swan riverage'
hopefully some more of the old units along terrace road will be knocked down to make way for more apartments

'Swan riverage' was the original proposal at panorama.

No, Swan Rivage was on the Panorama site.

theres an article in todays AFR
- Finbar and a partner who is joint developing the westralian bought the site
- mirvac are planning a 200 unit development for the ABC site
- finbar have sold 51 out of 98 apartments in the westralian off the plans exceeding their expectations


great news, finbar's really going off at the moment, and they are always realiable at getting their projects off the ground, this has been a great week for perth development!!

finbar already have it listed on their website as a future project
www.finbar.com.au

http://www.finbar.com.au/images/press%20images/Fin-Review-16-may-03-web-re.jpg

the site
http://community.webshots.com/photo/57529455/57532458yMHDHh

according the businessnews news finbar are planning an 18 level development for the site. kinda disapointing considering an 27 level tower has been aproved for the site

There must be new height restrictions down Terrace road or something. It just that all the apartment towers going up, or that have been proposed recently have been 18 levels.:?

yeah there strict height limits to stop shadowing onto langley park, the only reason projects such as panorama and the westralian were approved is because they were set back

I bought businessnews finbar are planning 2 buildings. a service apartment development on adelaide terrace whats expected to be sold to overseas investors and a development fronting terrace road. an application will be submitted in a month and will be launched next year. the apartments will be cheaper than the westralian.

Any ideas on number of floors or design?

Originally posted by NZer

Any ideas on number of floors or design?

I read it as being 18 floors and 80 apartments for the terrace road site and 100 serviced apartments and ? floors for the adelaide terrace side

http://www.imagestation.com/picture/sraid79/p795390d83f54f5178cb89d5a986428d2/fb1f259b.jpg

the finbar webpage says estimated release date july 2004
[www.finbar.com.au]

oh and the serviced apartment plan for adelaide terrace has been axed, they will just be developing the adelaide terrace site, but its a big site so should be something good.
does any one know if the site includes the carpark on the crn of victoria street or just that 'sandpit'?
the people in manhattan tower won't have their views for much longer!

http://www.imagestation.com/picture/sraid85/pb1b1e27b5882e710c48c762f5917b0dc/fab5dab8.jpg

they have just put a registure your interest billboard up fronting terrace road on the site

132 - 138 Terrace Road, Perth CBD

$30million project
-a 3 level mixed used development is proposed fronting Terrace road with an 18 level apartment tower set back 35m from the street
-120 dwelling
-includes 3 commercial tenancies
-$20,000 of public art fronting terrace road
-$60,000 rooftop icon to be illuminated at night
-$34,000 of streetscape upgrades
[B]RECOMENDED APPROVAL
[goes to council at next meeting]

Finbar’s early launch
IN what will be a test of strength for the Perth apartment market, property developer Finbar is launching its $80 million joint venture apartment development in the popular riverfront Terrace Road precinct.
-REST OF ARTICLE BLOCKED MORE INFO SOON

http://www.imagestation.com/picture/sraid105/p7042321d48f9efc1dda617a81ceab065/f9727335.jpg

http://www.imagestation.com/picture/sraid105/p73a60fffd28a9c7af8c2711a5463df11/f9727333.jpg

All these 18 stories are nice but oh how I wish they were more around the 25 storey level.

Great news though.

yeah some height on adelaide terrace would be great because that land is higher, so you would get the smaller towers on along terrace road and the adelaide terrace towers all 'fitted' into the skyline

i only counted 16 in the photo. how singy is 18st!? we need something to dominate the east, it should be 30. the current residential maket would be able to sustain a 40st one! its prbably not the developers fault, pcc prbably opposed the larger one! what the hell are we gonna do in the future when all the the developments site on the terrace are filled and we need a large amount of offices, rsi ect.. build 70m high and outwards? wqill things change by then?

nah they are pretty expensive apartments with 120 units, its a good size development, the market will overheat if to much supply is put on

Do many people swim in the river along Riverside Dr/Terrace Road area?

I would rather a higher apartment in the Western CBD where you are right in the centre AND have river views.

Hell,if you were on the 70th floor you would have coast and river views!!!

you will get coastal views if u are on the 30th floor

I meant the East coast of WA:D :D

APPROVED

>>>>>>http://www.altairapartments.com.au

LAUNCHING SOON!!

http://www.altairapartments.com.au/images/Logos/Altair-Logo-A4-21-copy-WEB.gif

s is this goin infront of manhattan towers? i might take a walk down there and check it out tomorrow

Yep. I'm moving into Victoria and St. George tomorrow (opposite the Duxton) so that should provide a nice view of construction. Judging by Westralian progress, it should be ready in 2053.

do you get good views? how high is it?
lucky bastard!:D

Originally posted by 23knots
Judging by Westralian progress, it should be ready in 2053.
:laugh:

Dear Sir/Madam

Altair Waterfront Apartments
132 Terrace Road, Perth.

This opportunity is like no other in Perth.

Finbar International Limited are about to release the luxurious Altair
Waterfront Apartments.

With Langley Park in the foreground and offering uninterrupted views of the Swan
River The Altair Waterfront Apartments will be the most sought after address in
Perth.

Altair has a choice of 1, 2 and 3 bedroom apartments along with penthouse
apartments, with prices starting from $320,000. Before their release to the
general public, Finbar are inviting you to view and secure one for yourself.

With this opportunity, you have the chance to purchase your favourite apartment
in the Altair development, before they are available to the rest of Perth.

Appointments to view the development will commence next week and you are in the
unique position to secure an apartment on a fully refundable $1000 holding
deposit. The apartments are expected to be released to the general public on
the 3rd of April 2004.

To make an appointment, please call one of the following FPD sales
representatives:

Marcus Gilmore - 0407 371 275;
Irene Zhang - 0402 362 557;
Nathan Krepp - 0409 336 066;

or contact FPD's General Office number on 9485 2500 and ask for Rebecca Waldie.

Yours sincerely

Debbie Booth
Project Coordinator

.

wrong thread?.....

fuck! see NMR:D

Australia’s greatest aviation pioneer, Sir Norman Brearley, had set up Western Australia Airways Ltd, Australia’s first airline in 1921.

In the early 20’s before the official airport was established, he used Langley Park as an authorised airstrip, drawing attention and public acclaim.

He hand-picked the pilots he wanted, which included a young Charles Kingsford-Smith.

A ceremony was held at Langley Park on Saturday December 3, 1921, where the Western Australian Governor officially inaugurated the new airline service. One of the aircraft used on the Langley Park airstrip was the Lockheed Altair.

Altair – means high in Spanish – combined with the word ‘air’ this is a perfect name for describing such a prominent and prestigious building. It also pays homage to the historical link with early Australian air travel.

The name is associated with the endless blue of the sky, the glorious views from a great height and the intrepid daring of Australia’s early aviation adventurers.

Furthermore, Altair is the 11th brightest star in the sky.


Launching 20 March 2004............

>>>>www.altairapartments.com.au
http://www.altairapartments.com.au/images/logo_altair.gif
PUBLIC LAUNCH SATURDAY MARCH 20
NOW SELLING!!!!
http://www.altairapartments.com.au/images/location_map.gif
Set right on Langley Park in the heart of Perth, Altair Waterfront Apartments provide all the comfort, convenience and prestige of inner-city living with one peerless advantage – a supreme, panoramic view over the river.

Relax by the resort-style pool, or enjoy a work out in the fully equipped gym and 25m lap pool, and later, entertain your friends on your own private balcony.

From here, all manner of entertainment is on your doorstep. Stroll to Barrack Square and enjoy an array of cafes, or take your time exploring the fashionable shopping precincts of Perth and Subiaco. With the CBD just around the corner, you can walk to work, then later, as the sun sets, take in the sights and sounds of twilight on the shores of the Swan.

Sales office open 11:00 AM to 6:00 PM Saturday and Sunday March 20 & 21, on site at 132 Terrace Road, Perth.

http://www.altairapartments.com.au/images/pic_price_02.jpg

Have A Look Of Page 41 Of Todays Saturday West

The 3rd Panorama to go up on terrace rd.

its certainly been a sucessful 'forumula' development

stick the 3 bastards on top off each another i say:colgate:

I can report that several people were visible in and around the marketing centre both times I drove past (deliberately!) earlier. Looks quite promising.

Edit: at 5.30pm the marketing centre was swarming with people - full.....

hopefully burt way will gets its arse into gear and get marketing underway

so why wasn't icon so popular. it also has uninterrupted views of the swan and i think a much better location:?

see the icon thread

25 UNITS SOLD IN FIRST WEEKEND

Originally posted by RocStar
so why wasn't icon so popular. it also has uninterrupted views of the swan and i think a much better location:? The only reason I can think of, besides crap marketing, is that Icon's location is a bit claustrophobic. It's surrounded by offices and on the edge of Mounts Bay Road. The only other high-rise development which has gone through in the core CBD is Paragon, which also did badly. People seem to think they need a bit of "breathing space". I think this view is completely misguided, since the apartments in Icon started on the 7th level anyway. Wait until the PCEC opens and the Foreshore development takes place and things will hopefully be different....

statton has sold well also have a look in the icon thread for an update from CB

Statton isn't surrounded by office high-rise and is much cheaper.. and that reply you got was a holding response before they reveal the redeveloped plans....which Knight Frank sounded quite serious and enthusiastic about when I last spoke to them.

I sent it a couple of days after your post though... hmm interesting... well if they do plan changes ill find out as soon as it goes to committee [details]

http://www.imagestation.com/picture/sraid108/pfadbb41e55345f3b5beb7dcbafa07b28/f940ebd3.jpg

god chris, I thought that was the new 'icon' there for a minute.
i don't mind if the plans are renewed but as long as the height isn't reduced also 23knots, i also think once the PCEC opens, it will be an accelerator for other developments in the area> also hoping stratton will do the same for murray st.

don't forget the new railway station that will be a big drawcard from icons precint

i almost forgot about that. i think the emu site towers will happen all at once!!!...ok, a bit tooo optimistic there.

Originally posted by chrisaus
don't forget the new railway station that will be a big drawcard from icons precint


will it?? i think most of the people living there will have enough money to drive everywhere.. and many will work in the city... i think the city square development will have more of an impact on the viability of icon...

30 SOLD another major marketing push continues this weekend in the printed media

reminds me of the westralain for some reason

derr

41 UNITS SOLD

http://www.imagestation.com/picture/sraid109/p04b84c6e23e9405f45ed535fdee9a9a2/f925949a.jpg

that pic is ugly!
it better not turn out like that

unless we have flying buggies when its finished you won't be viewing it from ground level, if you like panorama, you will like this, and the westralian

though by they time the westralian is finished the chances of there being flying buggies is high with the pace its going :drunk:

The way Westralian is going or I mean, the speed it is progressing, Perth will have another 3 X 50 storey buildings.

50% sold according to the West

considering there are 120 units and only 3 weeks of marketing, thats another amazing result, good to see the perth apartment market continue to fire :drunk:

the site

http://home.iprimus.com.au/allyoop1/21-4/altair1.jpg

http://home.iprimus.com.au/allyoop1/21-4/altair2.jpg

goodbye to another sandpit! the people at manhattan towers won't be happy

yeah espeacially because of the high price they paid for those manhattan apts!

when you buy an apartment behind a development site you have to expect that

yes....a developmnet site that was designed for views that will soon look into the back of a prefab concrete tower.

Thats gota make you a little dark.

well of course you would know that something was going to be built in front of it.. u would have to be a fuckwit to think u will have views for ever... the lot in fornt is basically a vacant site... why do u think manhattan towers is still half empty..

>>>>>www.altairapartments.com.au

http://www.altairapartments.com.au/images/logo_altair.gif
http://www.altairapartments.com.au/images/pic_high_02.jpg
http://www.altairapartments.com.au/images/pic_find_02.jpg
... the world is at your feet. Once you get home, sink into a chair, and soak up the luxury of your perfect home.

Every detail has been crafted with no expense spared. From the designer kitchen, with splashbacks and stainless steel appliances, to the fashionable bathrooms with granite vanity tops and enormous spa baths*.

With pre-wired cabling for fast broadband internet, audio visual security access systems for peace of mind, secure parking, ducted reverse cycle airconditioning and gracious balconies to make the most of your view, Altair Waterfront Apartments offer the ultimate in riverfront living.

Be part of a beautiful lifestyle – Altair Waterfront Apartments
http://www.altairapartments.com.au/images/pic_stop_03.jpg
Set right on Langley Park in the heart of Perth, Altair Waterfront Apartments provide all the comfort, convenience and prestige of inner-city living with one peerless advantage – a supreme, panoramic view over the river.

Relax by the resort-style pool, or enjoy a work out in the fully equipped gym and 25m lap pool, and later, entertain your friends on your own private balcony.

From here, all manner of entertainment is on your doorstep. Stroll to Barrack Square and enjoy an array of cafes, or take your time exploring the fashionable shopping precincts of Perth and Subiaco. With the CBD just around the corner, you can walk to work, then later, as the sun sets, take in the sights and sounds of twilight on the shores of the Swan.
http://www.altairapartments.com.au/images/pic_find_03.jpg
Altair Apartments - 132 Terrace Road, Perth

With a spectacular outlook offering uninterrupted views of magnificent Swan River, Altair Waterfront Apartments bring style and luxury to Perth’s foreshore.

With the Concert Hall, Langley Park and Supreme Court Gardens only a stroll away, world class cultural events arrive at your doorstep all year round.

Rise each morning to the changing colours of the sky over the water. Watch the rowers on the river, the endless play of light on blue, and relax in an atmosphere of unparalleled chic.
http://www.altairapartments.com.au/images/location_map.gif

way more than half have sold :)

According to the sign at the site, construction starts September.

2 months is not too bad. gee this year has just gone by so fast!

cheers for the update, another crane for the eastern skyline!

http://www.realestate.com.au/objects/props/5876/101765876ml1091608958.jpg

nice render. for those who forgotten its 16st/63m inc spire

Thanks fellas,and what a nice rendering that is.

Still think I'd prefer to live in the West end atm.But I haven't been to Perth in a while....

yeah same. i reckon the west end has more going for it, even if you don't get river views. BTw is this part of the burt way redevelopemt?

no , that site is between Hemisphere and The Westralian btw. its 18 levels

no , that site is between Hemisphere and The Westralian btw. its 18 levels
WRONG!!!!:D
count for yaself, its 16!!!

^^Definitely an 18 storey tower. I know. I counted for myself. ;)

were both wrong, its 17! i missed out the liitle mezz section

on the web site it says 17 floors + ground floor = 18!!! unless they are selling apartments in the air:D sesh

pfft only adelaideians count ground floors!:D

pfft only adelaideians count ground floors!:D

only perthlings have construction threads for 6 storey buildings...

until small projects & proposals came along

yeah they were like from 2002.
i admit we are pretty desperate for developemt and get all excitied over shit that 60m ect..

NOW UNDER CONSTRUCTION

http://www.imagestation.com/picture/sraid148/paf198ebd9e368f587be2ce1f77a5107e/f6214fcf.jpg
PIC TAKEN BY PERTH4LIFE

how pissed off would you feel if you bought this penthouse V
http://www.imagestation.com/picture/sraid148/p146b3b7d3138f429a48df273d5529289/f6214fc5.jpg

yeah but buying a unit looking over a large development site what is on the market, and expecting a life time view would pretty pretty stupid of them, any one with brains buying would have seen it will be built out

they could probably talk to the person on the 12 floor from the penthouse.

i could sware that i saw altair UC and almost finished today when i was on riverside drive! either that or something that looks exactly the same with the two 3 or so story buildings in front of it! could it be westralia?

yeah westralian, panorama, altair and westralia have a very simlar 'forumalar to success' design

http://img86.exs.cx/img86/7424/dsc030031ix.jpg

http://img86.exs.cx/img86/773/dsc030051jo.jpg

thanks dilaz.

http://img.photobucket.com/albums/v216/perthchriswa/156-5675_IMG.jpg

http://img.photobucket.com/albums/v216/perthchriswa/156-5677_IMG.jpg

28 apartments including the 2 top level penthouses still not sold (2.4 and 2.5mill each). Total apartment number is 123 so that's just over 77% sold. It's quite a large development.

http://img.photobucket.com/albums/v236/aussieplace/161-6131_IMG.jpg

not too much work done really-

http://img173.exs.cx/img173/2859/1636338img8hc.jpg


http://img165.exs.cx/img165/9125/1636334img7oy.jpg

http://img176.exs.cx/img176/8923/1656519img7hx.jpg

http://img176.exs.cx/img176/376/1656515img0mp.jpg

when i went there late last year, it was a hole! trees and puddles every where, at least its going ahead.

http://img37.exs.cx/img37/9089/altier1arc4ys.jpg (http://www.imageshack.us)

thanks dilaz for pm. ill change Altair to uc on ss.com. also ill add that fab render from realestate.com/.
wow so now Perth has 9 uc on ss.com. that has come up from an all-time low of 3 last year.
slowly but surely.

inndeed and were hoping for a condor start about april-may-ish which should bring us to 10!

...

..

http://img233.exs.cx/img233/985/1717105img4xx.jpg..

http://img174.exs.cx/img174/4002/dsc002628ex.jpg (http://www.imageshack.us)

That penthouse was awsome. To Bad.

http://i4.photobucket.com/albums/y103/perthcbdwa/RIMG0306.jpg

http://i4.photobucket.com/albums/y103/perthcbdwa/RIMG0305.jpg

photospam-
http://img253.echo.cx/img253/3739/dsc004772yj.jpg (http://www.imageshack.us)

http://img253.echo.cx/img253/1113/dsc004780ls.jpg (http://www.imageshack.us)

http://img253.echo.cx/img253/9825/dsc004791zb.jpg (http://www.imageshack.us)

todays pic- still no crane yet.
http://img111.echo.cx/img111/7925/dsc005756ze.jpg (http://www.imageshack.us)

Crane is going Up (slowly) :)

http://img122.echo.cx/img122/3613/dsc006561ox.th.jpg (http://img122.echo.cx/my.php?image=dsc006561ox.jpg)

what are those pillars sticking out the side?

http://img108.echo.cx/img108/5032/dsc007458ay.jpg (http://www.imageshack.us)

http://img108.echo.cx/img108/1176/dsc007464dd.jpg (http://www.imageshack.us)

http://img108.echo.cx/img108/9351/dsc007476mu.jpg (http://www.imageshack.us)

http://img108.echo.cx/img108/5647/dsc007571bi.jpg (http://www.imageshack.us)

http://img108.echo.cx/img108/2514/dsc007582cj.jpg (http://www.imageshack.us)

http://img108.echo.cx/img108/388/dsc007598ob.jpg (http://www.imageshack.us)

http://img108.echo.cx/img108/8866/dsc007603eu.jpg (http://www.imageshack.us)

http://img108.echo.cx/img108/1779/dsc007711vs.jpg (http://www.imageshack.us)

enuff crane spam!:D

http://img194.echo.cx/img194/5265/dsc007981gr.jpg (http://www.imageshack.us)

http://img194.echo.cx/img194/8734/dsc008130kv.jpg (http://www.imageshack.us)

http://img71.echo.cx/img71/1596/dsc008439re.jpg

http://img71.echo.cx/img71/6771/dsc008340wu.jpg

http://img290.echo.cx/img290/7479/rimg04380ae.jpg

http://img290.echo.cx/img290/9711/rimg04151qy.jpg

..

...

http://img297.echo.cx/img297/5809/rimg06103fv.jpg

Is this under construction or what???

i believe i saw a core box in the 2nd pic on this page, correct?

....

...

http://img16.imageshack.us/img16/2065/dsc019501fp.jpg (http://imageshack.us)

http://www.altairapartments.com.au/price.htm

Six not yes sold on the east side of the building.

http://img360.imageshack.us/img360/5426/dsc020467yy.jpg (http://imageshack.us)

http://img360.imageshack.us/img360/1201/dsc020471cs.jpg (http://imageshack.us)

http://img328.imageshack.us/img328/4996/dsc020484ye.jpg (http://imageshack.us)

http://img159.imageshack.us/img159/4530/rimg07355qd.jpg

http://img159.imageshack.us/img159/7897/rimg07146kn.jpg

http://img273.imageshack.us/img273/1530/dsc020254vf.jpg (http://imageshack.us)

http://img273.imageshack.us/img273/811/dsc020261qw.jpg (http://imageshack.us)

http://img273.imageshack.us/img273/8990/dsc020271em.jpg (http://imageshack.us)

Five to sell still.

They want 3 million for the top floor appartments.

http://img326.imageshack.us/img326/3428/dsc020906ai.jpg (http://imageshack.us)

http://img326.imageshack.us/img326/5607/dsc020899gb.jpg (http://imageshack.us)

Shouldn't the status be changed to under construction?

YES.
i saw a model of this today. the plantrooms are big however well covered.

http://i28.photobucket.com/albums/c212/perthpic/RIMG0910.jpg

http://files.photojerk.com/dilaz/DSC00049.JPG

http://files.photojerk.com/dilaz/DSC00050.JPG

Just read a DA from 97' which stated a plan to build a 28lv residential tower on this site at 100m high. Damn :(

Shite. Never get the tall ones.

http://img509.imageshack.us/img509/5026/dsc00097filtered7vp.jpg (http://imageshack.us)

last updates before shutdown-
http://img519.imageshack.us/img519/6820/dsc001692mq.jpg (http://imageshack.us)

http://img519.imageshack.us/img519/4092/dsc001746yu.jpg (http://imageshack.us)

http://img472.imageshack.us/img472/7840/altaire9zi.jpg (http://imageshack.us)

http://img6.imageshack.us/img6/4690/dsc004364bh.jpg (http://imageshack.us)

..

http://files.photojerk.com/dilaz/DSC00775.JPG

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..jpg[/img]

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http://img149.imageshack.us/img149/8246/img03691qg.jpg

http://img68.imageshack.us/img68/7473/img03684ry.jpg

http://img433.imageshack.us/img433/2083/img08725qq.jpg (http://imageshack.us)

seems to be taking it time

http://img116.imageshack.us/img116/1923/img11355nk.jpg (http://imageshack.us)

http://img131.imageshack.us/img131/7193/img11361fq.jpg (http://imageshack.us)

how manys floors is it, cause it already at about floor number 4-5, so should be approx 15m high right

wow, they are taking their jolly time;)

this one is now in monthly updates because of the new 60m/200ft height inclusion.
please keep up with piccies.
i count 6 storeys.
cheers guys.

http://img408.imageshack.us/img408/9258/img12065ub.jpg (http://imageshack.us)

great update thanks

finally having a small impact

Well at least the building though a resort. Is not on the corner of vic ave. Maybe when that car park goes. We can get a 80m, mixed use building with a awesome little independent cafe facing both streets on the corner.

there was a past plan for about a 25 leveler there

http://img91.imageshack.us/img91/4206/rimg04326ok.jpg

Crane rise today and its up to lv 7/8-

http://img89.imageshack.us/img89/2655/img13531dw.jpg (http://imageshack.us)

http://img136.imageshack.us/img136/4682/img13556xi.jpg (http://imageshack.us)

wow really great progress, this will be one sexy looking tower:)

awesome update, thanks

http://img148.imageshack.us/img148/4862/image0065ad.jpg (http://imageshack.us)

trying to work out how many floors high? how high is that carpark you took pic from dilaz?

its level 8 in floor and core. Not much work due to rains this week.

^^ well it is about time that we got some good rain, it was wirth it to put it on hold for a day or 2 :)

sounding god, sorta expect work to slow doen in winter, atleast it is progressin well

http://www.finbar.com.au/Investor_Relations/Asx_Announcement/2006/4Jul06.pdf

^^ just reading that, it said completion for march 2007, lol that is still quite a while away, oh well i guess as long as it gets finished...:okay::)

http://img221.imageshack.us/img221/3746/rimg05036rk.jpg

http://img151.imageshack.us/img151/5591/rimg05166jr.jpg

http://img142.imageshack.us/img142/8140/img2090ji8.jpg (http://imageshack.us)

Thanks for the update, must be around 10 storys now

http://img142.imageshack.us/img142/6313/rimg0580ww7.jpg

Level 10 in floor/core-
http://img104.imageshack.us/img104/4473/img2212lp9.jpg

http://img241.imageshack.us/img241/448/img2213pq8.jpg (http://imageshack.us)

http://img144.imageshack.us/img144/4851/img2216vn9.jpg (http://imageshack.us)

Have these guys ever heard of "Dubai speed"? :). Good to see the progress but I just can't believe how slow this thing is rising.

yeah this prick of a thing has been u/c since late 04'. I'm guessing it will be completed by April next year although finbar say earlier.

It should rise fast after there complex lower floors where completed, if it did not we would still be here in 2020.

How tall is it now, bout 11 floors- 30-40m tall

10F/35m ish.

thank god for reflections, im bored to altair, westralian, panorma boring boxes!

are all them towers being produced by the same people, cause there all very similiar in dsign and height

this building is disapointing, the floor to ceiling heights are to small, something that should be having abit of and impact is not doing a whole lot

http://www.realestate.com.au/objects/props/3376/103473376al1158637868.jpg

http://img242.imageshack.us/img242/9083/img2370wq7.jpg (http://imageshack.us)

http://img149.imageshack.us/img149/1382/img2371sm1.jpg (http://imageshack.us)

http://img154.imageshack.us/img154/2999/img2451uu8.jpg (http://imageshack.us)
^ exactly how this is going to look. Very dissapointed in both these developments. They are boring,bland and boxy. Even the other, older terrace rd towers like the 15st terrace place apartments appear taller and look better. Shame on finbar for giving us buildings of such low quality, with low floor-ceiling heights and no active street frontages. Lets hope reflections is a wee bit better.

This formular has to be dead. We have said it before but these are resorts on the river and bad one's at that. Any luck ABC site gets somthing large.

Just wait till they age 10 years and start to look shabby like the 1960/70's apartments in South Perth/Crawley do.

south perth/crawley ones are fine in my book as i know they will never be beaten in terms of height. Infact, these will be perfect crawley/south perth developments.

oi leave finbar alone, i bought one of their apartments :)

http://img149.imageshack.us/img149/8779/img2837zo1.jpg (http://imageshack.us)

Level 16/17. Absolutely no impact what so ever from all angles. It only has one level to go and it's only slightly higher than Manhattan behind it. A far cry from the 110m approval the site had before.

http://img19.imageshack.us/img19/9595/img2937zr7.jpg (http://imageshack.us)

http://img95.imageshack.us/img95/7802/img2938tc0.jpg (http://imageshack.us)

http://img453.imageshack.us/img453/1362/img2939nc5.jpg (http://imageshack.us)

this development is much like the barracks plaza development which looked crap but once completed it looked alot better, when this is painted and completed it will look alot better.

http://img411.imageshack.us/img411/124/img3173dx6.jpg (http://imageshack.us)

http://img249.imageshack.us/img249/6951/img3174kv0.jpg (http://imageshack.us)

Looking forward to Elevation and the office building makeover next door.

http://img163.imageshack.us/img163/2534/rimg2840cb2.jpg

This could so easily have been 20 floors higher. Would have looked great. Looks nice as it is but stubby.

This could so easily have been 20 floors higher. Would have looked great. Looks nice as it is but stubby.

It's short and alone. God it needs two to go up each side. But not as bad as i thought it would look.

This could so easily have been 20 floors higher. Would have looked great. Looks nice as it is but stubby.

I dont think a 38 story altair would look very good, look tacky and out of place. Though a different design would have been better.

Well as ive said in another thread I like tall buildings that replicate a single design all the way up. This has a nice base and looks good so I think the same design but twice as tall would have looked imposing and chic.

Well as ive said in another thread I like tall buildings that replicate a single design all the way up. This has a nice base and looks good so I think the same design but twice as tall would have looked imposing and chic.

They impose there will appon you. But this is not at street level so it takes away that from relplicated floor plates.

Though the sides and arse of this make me sick. Hopefully in time we could see taller tower's hide these bad elements.

This could so easily have been 20 floors higher. Would have looked great. Looks nice as it is but stubby.

I Agree such a wide site would have looked heaps better at around 100m which is about 15 stores more I guess.

Why stop half way if you had approval to go higher?::nuts:
Extra floors reduce the overall cost per floor (as long as your foundations are strong enough)

when this went on the market, was it before or after the housing market exploded? If it was before, maybe they didn't think they would be able to sell all the apartments or something.

check back to some of the articles posted on here. From memory, they sold the cheaper ones quick.

ah ok, so maybe they could of gone taller, maybe it was too expensive to build higher, oh well.

Lol Its Finbar, they think for today, not tomorrow.

and there is a problem with that??? finbar are great, they are a proactive developer always on the lookout for sights, they act now not later, which is exactly what we want in perth, not lets do it in 10 years, if developers want to put big towers up, they should have the skills of finbar in finding new sites, finbar has got more than 1000 apartment UC and are bringing thousands of new residents to east perth, so i say cut that crap and be thankful

Level 16/17. Absolutely no impact what so ever from all angles. It only has one level to go and it's only slightly higher than Manhattan behind it. A far cry from the 110m approval the site had before.

]


I belive that was the site next door with the 110m approval which now has a carpark and dead lawn

It was both sites. Read it in an old council minutes.

finbar are crap when it comes to looking into the future, with a few exceptions, we don't need anymore 10lv crap on Adelaide Tce ffs.

they are a business they are there to make money, fuck the future, the future always means having a dead patch of boring land for 20 years aka westralia square, not every tower is going to be massive you have to understand, and its hard for them to do much with a stingly city plannign scheme too, if devlopers wanted to think big they would push infront of finbar and buy the bloody sites

Every other prick is building big, even the smaller guys.

It's not all about making money, businesses should have some responsiblity on the shape of Perth, not just the council who seems to cop the flack everytime something goes wrong.

well they are the ones who approve the developments, and shape the planning schemes, which infact is the reason why altair and the westralian look how they do. they arent going to build tall towers where their arnt views, our apartment market isnt' booming enough for that

Saville and Di Latte and other groups have done just that...

I think the term is Boot Development's. Finbar need to look at buildings were they rent out apartments to tenant's. Long term ownership of sites.

There is a difference between looking to the future and acting now, both are irrelevant to each other.

Dilaz should remind himself that in Central London that most buildings are eight to twelve levels tall, London is an amazingly alive city. You can walk 1.5k's and walk past 15 pubs. Don't underestimate the people power small buildings bring, in Putney there is 4 level town houses this is in central London and these bring huge amounts of life to the area.

Perhaps Small Building’s are thinking for the future, as long as we leave room for tall building’s we can create and active and vibrant city, we can’t aim to be NYC and we can’t aim for London.

“Don’t try to be the best city in the world, try to be the best city for the world.”

it's a pity you're not getting something a little taller and sleaker there.

I'm not saying that smaller developments don't bring life, I'm saying that 10lv developments are a waste on Adelaide Tce, and resort builings with huge setbacks and porte cocheres don't belong in the city.

For hotels they are fine. Setback's can be useful but there constant use can be disabling for street scapes, expect a large learing curve to come from Saville's tall developments in East Perth. Also Ten Lvl building's wont find set back's or porte cocheres.

Yeah, agreed that vehicular drop of points and porte cocheres are fine for hotels and upmarket residential towers in Crawley. They just make city residential buildings feel so isolated from the streets.

crane down, spires and turrets up. Full height too-
http://img238.imageshack.us/img238/1436/img3408za2.jpg (http://imageshack.us)

Thnx for the update. But i still think this has got an underated facade. When density comes(;))

http://www.realestate.com.au/objects/props/4750/104034750ml1180080548.jpg

http://img62.imageshack.us/img62/2595/img3563hb4.jpg (http://imageshack.us)

http://img406.imageshack.us/img406/7379/img3565ym7.jpg (http://imageshack.us)