QIII at Queens Riverside Just Released

Details

Created on Wednesday, 21 September 2011 06:04

Frasers Property Australia has increased its visibility in Perth with the launch of sales of its first apartments in the prestigious Queens Riverside development at the eastern end of Adelaide Terrace.

Now under construction, the prominent 15,302m2 site will eventually accommodate 408 luxury apartments in three buildings and a 236 room all-suites hotel operated under the Frasers Hospitality brand.

Queens Riverside will combine residential apartments with commercial and retail suites, a new dining precinct and Fraser Suites Perth – with the hospitality offering central to the precinct’s vibrant character.

Queens Riverside is located near the Causeway on the site of former Metrobus depot, bordered by Hay Street and Adelaide Terrace, close to the Swan River foreshore. The East Perth Redevelopment Authority has approved apartments and townhouses, commercial space, a new retail precinct and a luxurious apartment hotel for the site.

The first apartments to market are in the QIII building.

The concept master plan for Queens Riverside was by Jones Coulter Young Architects. The design of QIII is by Perth architect Bruce Robinson, who was also responsible for the design of the Raffles redevelopment.

At 26 storeys, QIII is architecturally bold with a distinctive identity, designed to embrace views of the Swan River, the City and the Darling Ranges.

QIII offers 265 apartments, including a relatively new concept to the Perth market, 58 ‘dual key’ apartments in which two dwellings share a common foyer, on a single title. This flexibility allows the owner to occupy one dwelling while earning income from the other, or to let out both dwellings, achieving rental income greater than an equivalent single-occupancy apartment.

Frasers Property Australia CEO Guy Pahor believes Frasers will deliver a new standard of apartment living into the Perth market.

“There is no doubt about Frasers’ commitment to quality, which is clearly demonstrated in the stunning sales suite for Queens Riverside on Adelaide Terrace,” says Mr Pahor.

“Anyone considering buying an apartment in Perth, regardless of the location, should visit that sales suite as part of their groundwork of buying a home,” he says.

“The quality is simply outstanding. Our sales agents have told us that it’s great to have a new world-class apartment developer in Perth.”

Janine Thomas of Wayne Briggs Project Marketing believes the strip of restaurants and cafes planned for Queens Riverside, to be known as Eat Street, will breathe new life into the precinct and will essentially become the heart of Queens Riverside.

“It will be a wonderful place to enjoy alfresco dining in Perth’s balmy evenings, or a morning coffee after a visit to the on-site gymnasium,” she says.

It also means residents will also have the option to be able to pop down to grab some take-away. This type of living is perfect for people with busy lifestyles.”

Mr Pahor says, “Queens Riverside demonstrates Frasers’ commitment to the Perth market, where we see good opportunities for growth within ‘urban villages’ which combine living, working and leisure.”

“We know from the success of our existing mixed-use projects that buyers are looking for high quality designs and genuine amenity, with strong growth potential,” he says.

“Queens Riverside certainly delivers on that wish list.”