TURRISI PROPERTIES BREAKS GROUND ON BOHEMIA

TURRISI PROPERTIES BREAKS GROUND ON BOHEMIA

TURRISI Properties has fast-tracked construction on its $51 million Bohemia development in West End, following strong sales.

The Brisbane-based developer has appointed Sommer & Staff Constructions to commence work on the project, in a contract valued at $25 million for 94 apartments.

Turrisi Properties managing director Gaetano Turrisi says owner-occupiers have flocked to the development, demonstrating the area's appeal.

He says research by Domain shows the average West End resident is aged between 20 and 39, with a mix of singles and families.

"The unusually short lead time is a reflection of the strong interest we've seen in Bohemia," Turrisi says.

"We are already moving towards 50 per cent sold and that's allowed us to break ground ahead of program.

"With Brisbane-based builders, architects and a local developer involved in the project, we are all invested in delivering an outstanding development that enhances West End."

Bohemia has been designed by architecture firm ROTHELOWMAN, featuring a contrasting dual-fronted façade in honour of West End's history.

Located on Jane Street, the development comprises a mix of one, two and three bedroom apartments starting at $390,000.

Construction is expected to be complete in 2017.

 

Business News Australia

Australia's business news.
Free. Always.

Join thousands of founders, investors and executives
who read Business News Australia every morning.

Free Access

You're on a roll.
Keep reading — it's free.

Create a free account to keep reading
Business News Australia. No restrictions, ever.

of articles read

You've read articles.
The rest are free too.

Create a free account to keep reading
Business News Australia. No restrictions, ever.

Join Free

No paid subscriptions, just free. Unsubscribe anytime.

The financial case for knockdown rebuild on established Australian land
Partner Content
For most Australian homeowners, the house gets the attention and the land gets taken fo...
Ventures & Visionaries
Advertisement

More News