Artist’s impressions of the first apartments to be released to market in the $250m Forestville housing development. Picture: Supplied by Buildtec.
The first apartments in a $250m housing and retail neighbourhood at Forestville’s former Le Cornu site have hit the market.
Developer Buildtec has released 93 one, two and three-bedroom apartments in Forestville, which was recently approved by the state’s commission assessment panel.
They will include premium fixtures and fittings, top-of-the-range Miele appliances, carparking, EV charging stations and bike storage.
Residents will have secure and direct access to and from Leader St and Maple Ave.
Prices for the apartments will start at $699,000 for one bedroom, $902,025 for two and $1.696m for three.
Construction is due to start later this year.
Artist’s impressions of the first apartments to be released to market in the $250m Forestville housing development. Picture: Supplied by Buildtec.
Artist’s impressions of the first apartments to be released to market in the $250m Forestville housing development. Picture: Supplied by Buildtec.
Buildtec managing director Anthony Carrocci said bringing the first apartments to market marked a significant milestone for the project.
“The Forestville Apartments will set a new benchmark with future residents enjoying the best of both worlds with a peaceful sanctuary at home, and the vibrancy of Adelaide’s best retail, food stores and cafes literally right outside their doorstep,” he said.
“All the apartments have been thoughtfully designed to maximise the use of space and natural light, with generous open living spaces and premium fixtures and fittings.
“Forestville is really starting to take shape.”
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It comes on the back of strong demand for terrace homes in the development, which will have a total of 316 homes and a retail precinct on the old 3.6ha Le Cornu site.
So far 95 per cent of the Forestville Terraces are sold and under construction, with the first residents expected to move into their new homes later this year.
Designed by Adelaide architects Studio Gram, Forestville Apartments have been designed to fit within the existing character of the suburb while offering a contemporary lifestyle for residents.
Artist’s impressions of the first apartments to be released to market in the $250m Forestville housing development. Picture: Supplied by Buildtec.
Artist’s impressions of the first apartments to be released to market in the $250m Forestville housing development. Picture: Supplied by Buildtec.
All up there will be 245 apartments and 71 terrace homes in the Forestville development, which will include retail, hospitality, education, commercial and tourism precincts.
Buildtec, Peet and Commercial Retail Group have partnered on the project after the land sat empty for years.
It’s set to become a food-orientated retail and residential community with SA’s first rooftop urban farm.
A market square known as The Agora will feature a supermarket, open-air cafes, eateries and specialist retailers.
There will also be short-stay apartments, a rooftop urban farm spanning more than 3600sqm and an “urban green school”, where 17 to 24-year-old students will learn about sustainable food production and urban farming.
Artist’s impressions of the $250m Forestville housing development at the former Le Cornu site on Anzac Highway. Picture: Supplied by Forestville.
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