Completed | Fairlanes [98m | Mixed Use] - Page 35

BartBart · April 27th, 2012, 05:54 PM

Forgot to mention that they've got some of those spot lights pointing up to the sky on the tower.

***Dilaz89*** · April 27th, 2012, 07:05 PM

good to see they've put a bit of effort in to this. Hope they do the same with ABC.

ozaway · April 28th, 2012, 04:18 AM

Agreed. this is looking more than half decent.
Just wish some developer would take up the challenge of Bennett Street north of the Terrace. Look north from that corner and it's 1972 again. Not a great year.

dallastexjr · April 30th, 2012, 05:28 AM

http://www.propertyobserver.com.au/d.../2012042954465

Finbar’s East Perth project Fairlanes complete and almost sold out

By Andrea Dixon
Monday, 30 April 2012

Western Australian property developer Finbar has recorded residential sales of just over $100 million in its completed $160 million East Perth apartment project, Fairlanes.

The 27-level tower has 128 apartments, and 120 deposits have been taken, including one for a $2.5 million penthouse.

The most expensive penthouse, which has views of Rottnest Island and a price tag of $2.65 million, is yet to sell.

Finishing touches are being made to the project, and residents will start moving into the tower in three weeks.

So far the average sale price in the completed Adelaide Terrace development is $850,000.

The completed Fairlanes was launched on by WA Premier Colin Barnett on Friday, April 27 and has 7,000 square metres of office space over five levels plus 600 square metres of ground-floor retail and food space, of which about 3,600 square metres has been leased. Finbar will move its own corporate headquarters into some of the office space and retain the balance as an investment. The commercial area is valued at $53 million.

“The completion of Fairlanes is very well timed to benefit from the squeeze in Perth city vacancy rates and unrelenting demand from companies associated with the resources sector,” says Finbar managing director Darren Pateman.

The developer believes the remaining space and apartments will sell and lease steadily without the need for incentives.

“This will also help underpin the value of the retained commercial investment and provide a boost to the company’s reoccurring investment income. Revenue from successful settlements at Fairlanes coupled with recent revenue received from settlements from our ‘18 On Plain’ 29-apartment project will support an anticipated moderate increase in forecast profit from last year’s record profit of $24.03 million,” he says.

Finbar has produced eight high-rise apartment towers in WA since 2009 and has a further 10 buildings under construction in WA.

Urbania · May 1st, 2012, 03:45 PM

Today at lunch time.

jonwil · May 1st, 2012, 03:57 PM

I must say I like this building a lot more than some of the other stuff that's been built.
The contrast between the office levels and the residential levels is great.

jackso · May 1st, 2012, 04:18 PM

It is certainly a small step in the right direction.

***Dilaz89*** · May 1st, 2012, 04:32 PM

wow, a finbar building that actually looks like the render.

jackso · May 1st, 2012, 04:39 PM

The interiors still look extremely average.

hayds · May 1st, 2012, 06:47 PM

Quote:

Originally Posted by BartBart

Forgot to mention that they've got some of those spot lights pointing up to the sky on the tower.

it actually looked awesome when i saw it a few nights ago, was a bit of a shock that it looked so good at night suddenly, having all the interior lights on and spotlights shining out above it.

also prob been mentioned that the light feature atop of elevation is color changing now instead of just pink.

hayds · May 1st, 2012, 06:54 PM

reminder of the forecourt render...hope the bus stop there isnt being removed

dallastexjr · May 1st, 2012, 07:54 PM

Quote:

Originally Posted by Urbania

Today at lunch time.

Those buildings in the foreground - how much more potential development there is.

ryan79 · May 2nd, 2012, 03:46 AM

How can you improve on a white brick shack with shit staining and some graffiti on it /nate

hayds · May 2nd, 2012, 06:25 AM

is that light blue finbar signage permanent?

AndyGM · May 2nd, 2012, 06:56 AM

I would think so. Fairlanes is their new HQ and that is their new logo.

Scrawny · May 2nd, 2012, 07:45 AM

Hah, nice one ryan.

perthgazer · May 2nd, 2012, 07:57 AM

The interlocking triangles of their new logo represent strength and precision, as well as a contemporary glass facade, all hallmarks of Finbars development style

/ http://clients.weblink.com.au/client...I&view=6585352

crave · May 2nd, 2012, 09:27 AM

stretching tha links there a bit...

looks like they rehashed it from tha controversial city of melb logo... but yes please do continue with tha contemporary glass facade developments...

hayds · May 2nd, 2012, 12:13 PM

Quote:

Originally Posted by AndyGM

I would think so. Fairlanes is their new HQ and that is their new logo.

not sure if that was sarcastic, but didnt know it was their HQ.

crave · May 2nd, 2012, 01:01 PM

not sure why tha back panel support had to be so big and disproportionate...

April 27th, 2012, 05:54 PM	#681
BartBart In the sweetspot Join Date: Feb 2008 Posts: 8,601 Likes (Received): 122	Forgot to mention that they've got some of those spot lights pointing up to the sky on the tower. __________________ He who rejects change is the architect of decay. The only human institution which rejects progress is the cemetery. Harold Wilson

April 30th, 2012, 05:28 AM	#684
dallastexjr WHY NOT? Project Join Date: Dec 2006 Location: Perth Posts: 3,238 Likes (Received): 83	http://www.propertyobserver.com.au/d.../2012042954465 Finbar’s East Perth project Fairlanes complete and almost sold out By Andrea Dixon Monday, 30 April 2012 Western Australian property developer Finbar has recorded residential sales of just over $100 million in its completed $160 million East Perth apartment project, Fairlanes. The 27-level tower has 128 apartments, and 120 deposits have been taken, including one for a $2.5 million penthouse. The most expensive penthouse, which has views of Rottnest Island and a price tag of $2.65 million, is yet to sell. Finishing touches are being made to the project, and residents will start moving into the tower in three weeks. So far the average sale price in the completed Adelaide Terrace development is $850,000. The completed Fairlanes was launched on by WA Premier Colin Barnett on Friday, April 27 and has 7,000 square metres of office space over five levels plus 600 square metres of ground-floor retail and food space, of which about 3,600 square metres has been leased. Finbar will move its own corporate headquarters into some of the office space and retain the balance as an investment. The commercial area is valued at $53 million. “The completion of Fairlanes is very well timed to benefit from the squeeze in Perth city vacancy rates and unrelenting demand from companies associated with the resources sector,” says Finbar managing director Darren Pateman. The developer believes the remaining space and apartments will sell and lease steadily without the need for incentives. “This will also help underpin the value of the retained commercial investment and provide a boost to the company’s reoccurring investment income. Revenue from successful settlements at Fairlanes coupled with recent revenue received from settlements from our ‘18 On Plain’ 29-apartment project will support an anticipated moderate increase in forecast profit from last year’s record profit of $24.03 million,” he says. Finbar has produced eight high-rise apartment towers in WA since 2009 and has a further 10 buildings under construction in WA. __________________ Museum Of Perth *Making It A Reality!*

May 1st, 2012, 06:54 PM	#691
hayds resU deretsigeR Join Date: Jan 2007 Location: Planet Earth Posts: 4,371 Likes (Received): 108	reminder of the forecourt render...hope the bus stop there isnt being removed __________________ . i want to go where everyone goes / i want to know what everyone knows

May 2nd, 2012, 03:46 AM	#693
ryan79 Destorying our history Join Date: Mar 2006 Location: Perth Posts: 9,847 Likes (Received): 101	How can you improve on a white brick shack with shit staining and some graffiti on it /nate __________________ I'm free to say what I want

May 2nd, 2012, 06:25 AM	#694
hayds resU deretsigeR Join Date: Jan 2007 Location: Planet Earth Posts: 4,371 Likes (Received): 108	is that light blue finbar signage permanent? __________________ . i want to go where everyone goes / i want to know what everyone knows

April 27th, 2012, 07:05 PM	#682
*Dilaz89* Moderator Join Date: Nov 2002 Location: Perth, Dubai, World Posts: 13,929 Likes (Received): 187	good to see they've put a bit of effort in to this. Hope they do the same with ABC.

April 28th, 2012, 04:18 AM	#683
ozaway Registered User Join Date: Mar 2006 Location: Perth Posts: 263 Likes (Received): 26	Agreed. this is looking more than half decent. Just wish some developer would take up the challenge of Bennett Street north of the Terrace. Look north from that corner and it's 1972 again. Not a great year.

May 1st, 2012, 03:45 PM	#685
Urbania Urban Athiest Join Date: Mar 2008 Location: Perth Posts: 1,483 Likes (Received): 152	Today at lunch time.

May 1st, 2012, 03:57 PM	#686
jonwil Registered User Join Date: Nov 2006 Posts: 1,518 Likes (Received): 19	I must say I like this building a lot more than some of the other stuff that's been built. The contrast between the office levels and the residential levels is great.

May 1st, 2012, 04:18 PM	#687
jackso Registered User Join Date: Nov 2007 Location: Perth Posts: 8,118 Likes (Received): 179	It is certainly a small step in the right direction.

May 1st, 2012, 04:32 PM	#688
*Dilaz89* Moderator Join Date: Nov 2002 Location: Perth, Dubai, World Posts: 13,929 Likes (Received): 187	wow, a finbar building that actually looks like the render.

May 1st, 2012, 04:39 PM	#689
jackso Registered User Join Date: Nov 2007 Location: Perth Posts: 8,118 Likes (Received): 179	The interiors still look extremely average.

May 2nd, 2012, 06:56 AM	#695
AndyGM Registered User Join Date: Feb 2008 Location: Canberra Posts: 2,194 Likes (Received): 259	I would think so. Fairlanes is their new HQ and that is their new logo.

May 2nd, 2012, 07:45 AM	#696
Scrawny Registered User Join Date: Nov 2006 Location: Perth Posts: 1,241 Likes (Received): 32	Hah, nice one ryan.

May 2nd, 2012, 07:57 AM	#697
perthgazer Registered User Join Date: Aug 2006 Location: Perth Posts: 3,216 Likes (Received): 87	The interlocking triangles of their new logo represent strength and precision, as well as a contemporary glass facade, all hallmarks of Finbars development style / http://clients.weblink.com.au/client...I&view=6585352 Last edited by perthgazer; May 2nd, 2012 at 10:51 AM.

May 2nd, 2012, 09:27 AM	#698
crave fierce buildings papi. Join Date: Feb 2006 Location: perth - in tha heat... Posts: 8,439 Likes (Received): 57	stretching tha links there a bit... looks like they rehashed it from tha controversial city of melb logo... but yes please do continue with tha contemporary glass facade developments... __________________ worst. architecture. ever.

May 2nd, 2012, 01:01 PM	#700
crave fierce buildings papi. Join Date: Feb 2006 Location: perth - in tha heat... Posts: 8,439 Likes (Received): 57	not sure why tha back panel support had to be so big and disproportionate... __________________ worst. architecture. ever.

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