Penthouse living without the price tag? How this development is changing the playbook

Penthouse living has become synonymous with luxury and exclusivity.

In most developments, the sky-high homes are the creme de la creme – set above other apartments in not only their location but in their grand proportions, sense of privacy, style and premium inclusions.   

However, in innovative projects with a community-orientated design, such as The Borough in Denman Prospect, what does the penthouse look like, if you have one at all?

Jega, the developer behind the award-winning Kingsborough in Kingston, says its vision for The Borough focuses on an entirely new living proposition – one that enhances a sense of community.

The apartment designs will have their own unique attributes while working together to create an urban residential precinct.

According to sales agent Keenan Veraar of LJ Hooker Project Marketing, the development, which is due for completion in mid-2025, offers a two-bedroom alternative that’s just as alluring as a traditional penthouse but differs on one key point.

“It’s really unique in the development, situated on the top floor near the communal outdoor space, but it has no common walls with other apartments,” Veraar says.

“It would suit a downsizer or a young professional who desires private penthouse living without the multimillion-dollar price tag.”

For those who may have once thought this style of housing was out of their reach, the apartment’s price of $859,900 will come as a pleasant surprise.

Like many types of modern penthouses, it offers its owners private access to their front door (via an open-air corridor), and once inside, emphasises a rare sense of volume and space.

“With its large open-plan [area], it’s unlike any other two-bedroom apartment in Canberra,” Veraar says.

“It features soaring ceilings and oversized black-framed double-glazed windows, making the apartment feel really light and bright inside.

“But, without neighbours on either side, it also offers a great deal of privacy.”

Comprising 95 square metres of living space, the interiors – designed by the architecture, interior design and urban design firm DKO – will reflect the warehouse aesthetic chosen for the entire development, including concrete ceilings and semi-exposed services.

The look is completed by lightly hued hybrid timber flooring, full-height tiling in the bathroom, stone benchtops, custom cabinetry, Smeg stainless steel appliances and sleek surface-mounted lighting throughout.

“The apartment comes with a car space and more storage than you would find in a typical two-bedroom unit, including built-in storage in the bedrooms,” Veraar says.

Lift your outlook

However, it’s the incredible views overlooking the Molonglo Valley towards Telstra Tower from the 23-square-metre terrace that will be a major drawcard. 

“The uninterrupted views toward the Brindabella Mountains are amazing,” Veraar says.

“They also showcase the Molonglo Valley and Arboretum, and you can even see Parliament House in the distance.”

Canberrans may easily recognise commonalities between the award-winning Kingsborough and The Borough, with much of the successes of the first development integrated into its successor.  

“Each building in Kingsborough was designed by a different architect and this gives the precinct a true village feel,” Veraar says. “This same approach has been used at The Borough. 

“And, just like Kingsborough, each building is connected through a series of promenades.

“Voids are lined with trellises and planters, adding a touch of nature to the raw and rustic feel of the space.”

With its community-focused design, The Borough will provide ample places for residents to gather, including the lawns, terraces, communal spaces and rooftop gardens.

So far, a range of apartment types have been sold, with the ground-floor option that includes courtyards and street access proving to be popular.

Veraar says a variety of one, two and three-bedroom apartments are still available which are guaranteed to suit first-home buyers, couples and families.

Love your location

Centrally located, yet surrounded by nature, The Borough at Denman Prospect is fully embraced by amenities offering residents proximity to everyday conveniences from the suburb’s vibrant and evolving community hub.

“Just a few minutes’ walk to the popular Denman Village Shops, you’ll find cafes, spots to dine, a grocery store, as well as medical facilities and a gym,” Veraar says.

Denman Prospect also has an early learning centre, a purpose-built community centre and within the suburb is the Evelyn Scott School (preschool-Year 10).

“It’s a really convenient suburb for most Canberrans, situated only a 15-minute drive to the CBD, Woden or Belconnen town centres.”

Flexible living

The Borough offers you the chance to customise your home according to your lifestyle through custom-designed Flexi-Space upgrades.

Flexi-Theatre

Incorporate a home theatre into your new home with this package that includes blockout blinds and sheer curtains, a wall-sized projector screen, a ceiling-hung projector and surround sound system.

Flexi-Ride

Embrace an active lifestyle with this space upgrade that includes an indoor trainer setup, rubber gym flooring and three bike storage wall racks.

Flexi-Move

Exercise at home at any time with this upgrade that includes a pilates reformer or Technogym treadmill, a wall mirror and rubber gym flooring.

Flexi-Garden

Lean into your green thumb with this package that includes industrial-grade pot shelving, three installed planter boxes, herb garden shelving and pots, and three large feature pots.

Flexi-Time

Perfect for working from home or accommodating guests, this package includes custom wall joinery, a fold-down murphy bed and an integrated study desk.

$579,900-$699,900

The Borough, Denman Prospect ACT 2611

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