Location, location, location: The new development with the best Civic has to offer

By
Rosalie Iannelli
April 3, 2020
Surrounded by government departments and corporate offices, getting to work is as easy as a quick stroll, as is a night out for dinner and drinks.

The famous New York thoroughfare of Park Avenue is known for its association with utter luxury and grandeur. So when a development of the same name launches in Canberra, one can’t help but expect it to conjure up the same sense of opulence.

“Park Avenue is destined to become Canberra’s newest premium address,” says Kevin Bi, Colliers International associate director residential project marketing.

“While its central location means residents can leave the car at home and stroll to cafes, lush green outdoor spaces or even work, there is nothing pedestrian about this development.”

Developed by Morris Property Group, Park Avenue offers 184 architecturally designed one, two and three-bedroom apartments, with sizes ranging from a generous 60 square metres in the one-bedroom residences right up to a house-sized 161 square metres in the three-bedroom penthouses.

Park Avenue is located at 20 Allara Street, Canberra City.

Featuring a striking minimalist European design, the apartments allow for truly bespoke living. The windows are floor-to-ceiling and double-glazed, inviting natural light in while allowing you to enjoy the stunning vistas across Lake Burley Griffin and beyond.

“A complete suite of deluxe finishes including stone benchtops and superior floor-to-ceiling tiling, abundant storage and secure car parking make Park Avenue the perfect city-living option,” says Bi.

There is certainly no shortage of amenities either. Positioned in the middle of the CBD, homes are within walking distance to the Canberra Centre, Casino Canberra and Glebe Park.

Surrounded by government departments and corporate offices, getting to work is as easy as a quick stroll, as is a night out for dinner and drinks or a Sunday brunch in Braddon. Completion is expected in early 2021, when it’s safe to say we should be allowed out of our homes once more.

Park Avenue is located at 20 Allara Street, Canberra City.

Although Park Avenue’s own amenities really demand attention, with a state-of-the-art onsite gym and beautifully designed communal spaces, including spaces to have a barbecue with family and friends or simply relax.

“When they feel like it, residents can step out their door to enjoy a vibrant nightlife, go shopping or grab a coffee,” Bi says.

“But because of Park Avenue’s location on one of the city’s least heavily trafficked thoroughfares, when they return to their home it will be a sanctuary away from the hustle and bustle.”

But Bi says interested buyers must act quickly as over 70 per cent of homes have already been purchased.

“The generous, well thought-out nature of each home, location, views, natural light, high-quality finishes and substantial storage have attracted a significant proportion of live-in buyers,” says Bi.

“This will create a friendly and stable community once construction is completed and residents move in. These live-in owners range from first-home buyers to families and downsizers.”

 

Price by negotiation
Park Avenue, City ACT 2601
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View property

Price guide: $449,900-$1.879 million

Agent: Colliers International, Kevin Bi 0411 626 206

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