21 September 2012

Peel off a floor in Peel Street!


This exciting new project at Peel Chambers offers opportunities for individuals, families and businesses to create and live their inner city dreams.
Buyers can have the whole floor of this unique building on its own Title to create an their completely individualised apartment, studio, office or home/office.
The ground floor is currently designated commercial and covers 124 m2 with a basement space of some 67m2, while the 5 upper floors are 152m2 to 164m2
Priced from $600,000 to $700,000 each single floor shell provides:
  • Upgraded building services including a new lift, soundproofing, plumbing, fire protection and communication services
  • Repainted and restored building facade and windows, including replacing all west facing windows
  • Strata titling of complete floors to enable buyers to pursue their vision for either residential or commercial purposes
  • A covenant that allows the owners to "do their own thing" while safeguarding the other members of the community title scheme
Peel Street and Leigh Street is where it's all happening in the City with this precinct benefitting from the Council's new lane way strategy, the redevelopment of the Adelaide Oval and the new Royal Adelaide Hospital on North Terrace.

12 September 2012

Timber raises its building sites


Peter Buchan

TIMBER apartments will sprout out of the tops of carparks across the city if Peter Buchan has his way.

The developer wants to build the multi-level towers using an innovative building material known as cross-laminated timber (CLT).

And he says carparks offer a cost-effective platform for the lightweight, high-rise structures.

"What we're trying to do is create a product that has never been done before," he says.

"If we can build affordable, high-yield residential property built over air space, we are going to repopulate the city a lot quicker."

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