This article is from the Australian Property Journal archive
WILL Deague's Asian Pacific Group has chalked up 135 sales worth $50 million at the Watson Apartments project in Adelaide.
Deague said the response to the launch of the Watson has been extremely positive with buyers coming from across Adelaide along with a few buyers from regional South Australia and interstate.
“Buyers have ranged from young professionals looking to live close to the city to empty nesters keen to downsize and enjoy the low maintenance lifestyle offered by The Watson.
“Investors have also been keen to jump on board noting the pent up demand for rental accommodation in Walkerville and the strong capital growth potential,” he added.
Sixty-three percent of the project is now sold but despite the strong sales, a range of apartments are still for sale including one bedroom apartments from just $270,000 and two bedroom apartments from $360,000.
Residents at the Watson will enjoy full access to the hotel facilities. The Watson Apartments and hotel are due to open in April 2014 and will form part of the Art Series Hotel Group.
Property Review
