Park Avenue: define your lifestyle
Morris Property Group’s Park Avenue development is a cut above the rest, with its unbeatable inner-city location and wide-ranging appeal.
Associate director, residential project marketing at Colliers International Kevin Bi says Park Avenue is superbly positioned, close to sought after amenities such as the Canberra Centre, government employment, Glebe Park and the foreshore of Lake Burley Griffin.
Located at the corner of City Walk and Allara Street in the heart of the city, Bi says the architecturally designed development has “broad appeal” for any number of buyers.
“The floor plans have been designed to meet this brief,” he says.
“There are designs to appeal to downsizers, who want a low maintenance lifestyle. We also have a limited number of generous three-bedroom floor plans available.
“Young couples, who are attracted to one- and two-bedroom apartments, are also attracted to the city lifestyle and the close proximity of work.”
Park Avenue’s one-, two- and three-bedroom apartments will offer its residents the highest levels of luxury living, with a range of sophisticated design features including: floor-to-ceiling glass windows, stone bench tops, premium tiling and stunning city and lake views, as well as an abundance of storage space and secure car parking.
Residents will be able to make use of their surrounds and various amenities with the inclusion of a state-of-the art gym and beautifully landscaped communal spaces for rest and relaxation.
Bi says Park Avenue’s sophisticated design and enviable location will also make it the perfect fit for investors who are “looking for high rental yields and low vacancy rates, attracted naturally by the central CBD location”.
Two-thirds of Park Avenue apartments have already been sold, with prices starting from $449,900. Construction is expected to be completed by early next year.