Colliers International has revealed that over 50 per cent of Stage 1 of the new IQ Smart Apartments in Braddon has already sold.
“The demand for this development has been very strong,” Colliers International State Chief Executive, Paul Powderly said.
“This isn’t surprising though with so many people realising the benefits of living in and around the Canberra city centre.
“Recently released HIA research named Canberra City as the number one Population and Residential Building Hotspot in the country.
“We are seeing huge growth in the CBD because people want the convenience that comes with living near their work, great restaurants and nightlife, shopping and other great amenities.
“The IQ Smart Apartments not only have all this on its doorstep but are also near the ANU, close to popular outdoor spaces such as Lake Burley Griffin, and have easy access to public transport.”
In addition, the IQ Smart Apartments have cutting edge inclusions including an Energy Monitoring System that will allow residents to view their energy consumption; fibre optic connected to each unit in preparation for the NBN roll-out; and the security offered by a swipe card entry system.
“Anyone who has visited the IQ Smart Apartments display suite has been very impressed by the level of inclusions each apartment has,” Mr Powderly said. “These apartments are great value for money and present an opportunity to own a top quality home or investment in the number one Australian Hotspot.
“The popularity of the city will only continue to grow and this means new apartments will not only become scarcer in the future, but increasingly expensive. It is no wonder that savvy buyers are snapping up IQ Smart Apartments while they have the chance.
“I urge anyone thinking about buying an apartment in Canberra to come into the IQ Smart Apartments display suite and compare it with other developments on the market”, said Mr Powderly.
Director of Residential Project Marketing, Derek Whitcombe advised people interested in buying an IQ Smart Apartment to, “Get in quick because they are going fast.”
Mr Whitcombe said, “Buyers are particularly attracted to the two year time frame that they have to pay for their apartment.”
The IQ Smart Apartments display suite will be open this Saturday and Sunday 11am to 3pm. Parking and access via 53 Mort Street, Braddon. For more information visit www.colliers.com.au/IQ.