With work underway on Gungahlin’s art deco-inspired Nue development, buyers are jumping at the chance to own a chic terrace or apartment in the heart of town, with uninterrupted views of the Brindabella Mountains.
LJ Hooker Project Marketing ACT selling agent James Herbert said people were excited to see construction starting, with an increase in buyer interest resulting in around 60 per cent of homes already sold off the plan.
“Once people see construction commencing, it really gives them confidence in the midst of so many projects that have been delayed or not delivered in recent times,” he said.
“The project is on track for completion in the first quarter of 2025.”
The precinct, overlooking the protected Mulanggari Grasslands nature reserve, will house 87 townhouses and 243 apartments with commercial space underneath.
Three buildings are being constructed simultaneously and, once complete, will bring an inner-city vibe to the town centre.
“The terraces are like something you’d see in Sydney or Melbourne, which is really different for Gungahlin – and Canberra in general,” he said.
“Usually townhouses are in the outer suburbs, but these are terrace homes built over two or three levels, with all the amenities right on your doorstep.”
James said the two and three-bedroom terraces were the size of a regular home, each with a secure underground double garage and large outdoor spaces at the front and rear.
“They all have great alfresco areas for entertaining, and there’s plenty of room for a garden and to keep pets,” he said.
“The terraces are just like a family-sized home, without the high maintenance and would suit the modern, busy family.”
The Nue precinct is in a buzzing urban location where you can walk to restaurants, bars and shops or jump on the light rail and head into the CBD.
With an eclectic mix of finishes throughout the development, each of the three buildings has a unique style, but all reflect that sleek, art-deco, new-century vibe.
Designed by architect Nathan Judd from JUDD.studio, the townhouses have a brick finish like you’d find in traditional-style terrace houses in Sydney’s trendy inner suburbs.
James said the terraces offered great value for families, down-sizers or executives seeking a contemporary lifestyle.
“The open-plan living areas downstairs flow through walls of glass sliding doors to the outdoor spaces, providing that sought-after indoor-outdoor-style living,” he said.
“Upstairs, you’ve got a second living area or study and the bedrooms. Every single bedroom in every terrace also has its own private balcony, which is pretty spectacular.”
Gardens, community spaces and walkways connect the terrace and apartment precincts. Underground garaging means residents can walk or cycle around without the interruption of cars.
Nue residents will have fabulous eateries and cafes on their doorstep, with Core Developments aligning with leading locals in the food industry to create a taste sensation in the hub of Gungahlin.
“There’s really cool common areas, gardens and eateries where people can hang out, which will give it a really nice community feel,” James said.
“The three main public spaces are linked by a ‘walk street spine’ creating areas where people can get to know their neighbours and interact, or enjoy some peace and quiet.”
Located above the commercial space, the apartments will offer one, two and three-bedroom options with a spectacular roof-top barbecue and garden.
“All the residents can take advantage of the communal areas on the roof-top, including those living in the apartments and the terraces,” James said.
The precinct is ideally located for those who enjoy the outdoors, with Linear Park, Gungahlin Oval and Yerrabi Pond close by and easy access to Gold Creek Golf Club in Nicholls and the Gungahlin Lakes Golf Club.
The Gungahlin Marketplace, Gungahlin Village and Gungahlin Square house all the big-name retailers, as well as medical practices, leisure centres, a public library, a vet and a variety of hospitality venues. The Manning Clarke North light rail stop is 400 metres from the door.
The two and three-bedroom Nue terraces and one, two or three-bedroom Nue apartments are for sale off the plan with only a 5 per cent deposit required.
James said buyers have until completion and settlement to save a bit more towards their purchase.
“The beauty of buying off the plans now is that you can secure a home at today’s price and, if the market increases over the next 18 months, you will reap the benefits of your investment,” he explained.
Prospective buyers can view a scale model of the development and see detailed samples of finishes at the on-site display open every Saturday and Sunday in Cammileri Way, Gungahlin, from 11 am to 3 pm.
For more information about Nue Gungahlin, contact James Herbert on 0400 853 501.
Original Article published by Katrina Condie on Riotact.