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Vue’s billion dollar views will start from $320,000

14 April 2014    


Vue on King William, Adelaide’s tallest building, will provide residents with billion dollar views over the city and southern parklands towards the hills and Adelaide coastline down to Hallett Cove when it goes to the market in May.

A distinctive and striking twist in the building’s all-glass exterior design ensures each level and apartment enjoys exhilarating views. The project’s joint venture partners, Asian Pacific Group and Starfish Developments, today released the first images of the views residents will enjoy from the 85 metre, 26 level building, and announced prices the apartments will start from just $320,000.

Registrations of interest for the $100 million project have now commenced with strong interest expected owner occupiers and investors. Vue on King William will incorporate 205 apartments with a maximum of 10 apartments on a single level. The apartments are predominately one and two bedroom with a single Penthouse level featuring 3 three bedroom penthouse apartments.

Sixty-five per cent of the apartments will be priced between $320,000 and $400,000. The tallest penthouse apartments will be priced from $1.2 million. Buyers will also be able to take advantage of the government’s stamp duty relief for city apartments which could save them up to $21,300.

Asian Pacific Group Chief Executive Officer Will Deague said Vue will take apartment development in Adelaide’s CBD to a new level.

“We’re delivering on our promise to be brave and bold with this project to ensure its attractive to the local market and architecturally will stand the test of time,” said Mr Deague.

“Vue’s location at the burgeoning southern end of King William Street makes it ideal to accommodate a building of this height and the views will surpass any other residential building in Adelaide.

“The building’s height and the clever curtain wall design have enabled us to keep downward pressure on prices and offer real value to the buyer, particularly first home buyers.

“Residents will be encouraged to walk, cycle or use public transport and will be will be attracted by its location right on the tramline, making it easy to commute to work in the CBD, go shopping or attend events in the city including matches at Adelaide Oval or head to the beach at Glenelg.”

Vue will bring a new style of residential architecture to Adelaide with its 5 level podium, recessed Level 6 roof top garden, pool deck and recreation centre and 21 level curtain wall glass frontage.

Detailed plans for 775 square metre private recreation space on Level 6 are underway and are being inspired by Sydney’s The Ivy. They will be released in the lead up to the project launch in May but will include a gym, outdoor dining facilities and pool and sun deck with views over Adelaide’s west towards the ocean.

The building has been designed by leading architects Woods Bagot, led by Principal Gavin Kain, alongside Design Architect Enzo Caroscio and a South Australian team. The firm also drew on the expertise of its global studio network for the project.

Vue on King William will be the second Adelaide project for the Asian Pacific Group and follows the success of their first project - The Watson Hotel and Apartments at Walkerville. Ninety per cent of the apartments at The Watson were sold off the plan within the first few weeks.

The Asian Pacific Group is joint venturing with local development firm Starfish Developments for Vue on King William, and the project is expected to create around 200 jobs during construction.

Work will commence onsite in July.

For more information and to register your interest for the project visit www.vueonkingwilliam.com.au 

ISSUED BY HUGHES PUBLIC RELATIONS: Please contact Simon Hatcher on (08) 8412 4105 or 0417 780 071.