COM: [West Lakes] View Point | 31m | 8lvls | Residential

All high-rise, low-rise and street developments in areas other than the CBD and North Adelaide. Includes Port Adelaide and Glenelg.
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ghs
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Re: #SWP - View Point at West Lakes 8st 31m Apartments

#31 Post by ghs » Thu Apr 15, 2010 9:11 pm

These apartments are pretty expensive, they're all at least 600k so
sales will be slow but according to the website construction should commence
soon and over 50% have been sold already.

See the website : http://www.viewpointwestlakes.com.au

ghs
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Re: #SWP - View Point at West Lakes 8st 31m Apartments

#32 Post by ghs » Thu Jun 24, 2010 5:07 pm

I drove past today, there's still nothing happen however there's a sign on the site
which says that the apartments will be completed in 2010. I don't think so.

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Wayno
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Re: #SWP - View Point at West Lakes 8st 31m Apartments

#33 Post by Wayno » Sun Jun 27, 2010 9:51 am

ghs wrote:I drove past today, there's still nothing happen however there's a sign on the site
which says that the apartments will be completed in 2010. I don't think so.
i know the owner of this site. They need to sell (receive cash deposits) on 4-5 more apartments before construction will commence.
Opportunity is missed by most people because it is dressed in overalls and looks like work.

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Re: #SWP - View Point at West Lakes 8st 31m Apartments

#34 Post by ghs » Mon Jun 28, 2010 10:19 am

Thanks for the inside info Wayno. This one probably won't start until next
year I would say.

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Re: #SWP - View Point at West Lakes 8st 31m Apartments

#35 Post by Will » Mon Jun 28, 2010 11:03 pm

Wayno wrote:
ghs wrote:I drove past today, there's still nothing happen however there's a sign on the site
which says that the apartments will be completed in 2010. I don't think so.
i know the owner of this site. They need to sell (receive cash deposits) on 4-5 more apartments before construction will commence.
Tell them to advertise it!

I haven't seen an add for it in the Saturday Advertiser real-estate lift out.

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Re: #SWP - View Point at West Lakes 8st 31m Apartments

#36 Post by how_good_is_he » Tue Jun 29, 2010 6:07 pm

My question Wayno to the owners is when does the approval lapse? Its been over 2 years and I also note that council has changed the height limits along that area of the lake. Could they loose the approval and not get it again [at the same height]? PS Who is the builder?

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Re: #SWP - View Point at West Lakes 8st 31m Apartments

#37 Post by Wayno » Tue Jun 29, 2010 6:48 pm

how_good_is_he wrote:My question Wayno to the owners is when does the approval lapse? Its been over 2 years and I also note that council has changed the height limits along that area of the lake. Could they loose the approval and not get it again [at the same height]? PS Who is the builder?
i'll ask, not sure they'll be willing to share though. we'll see...
Opportunity is missed by most people because it is dressed in overalls and looks like work.

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Re: #SWP - View Point at West Lakes 8st 31m Apartments

#38 Post by ghs » Wed Jun 30, 2010 7:22 am

Will wrote:
Wayno wrote:
ghs wrote:I drove past today, there's still nothing happen however there's a sign on the site
which says that the apartments will be completed in 2010. I don't think so.
i know the owner of this site. They need to sell (receive cash deposits) on 4-5 more apartments before construction will commence.
Tell them to advertise it!

I haven't seen an add for it in the Saturday Advertiser real-estate lift out.
Advertising doesn't always work that well. Look at Bay waters and adelphi waters
at glenelg. Both developments have been advertised and still have vacant apartments ( and
they were both built a couple of years ago). It's also expensive to advertise every week in the
paper for 12 months.

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Re: #SWP - View Point at West Lakes 8st 31m Apartments

#39 Post by ghs » Tue Mar 15, 2011 12:24 pm

This one was proposed quite a while ago. Surely if they dont get some more sales soon then
they will just cancel it.

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Re: #SWP - View Point at West Lakes 8st 31m Apartments

#40 Post by Wayno » Tue Mar 15, 2011 1:21 pm

I know the owners here. Their goal was to self-organise everything but it's proven too much for them. They are very good at running a chinese restaurant, not property development. Suspect they will sell the land in the next 6 months or so...
Opportunity is missed by most people because it is dressed in overalls and looks like work.

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Re: #SWP - View Point at West Lakes 8st 31m Apartments

#41 Post by ghs » Wed Mar 16, 2011 1:50 pm

I think there's still quite a few apartments left in the Cedar building at West Lakes so clearly
there's not that much demand in West Lakes at the moment.

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