Forward to a Friend
Print Page
Investment Opportunities
Expressions of Interest from developers and investors in a mix of prime residential and commercial lots at the Australian Fine China (AFC) site were called in 2011. Those submissions are now being evaluated with an outcome expected in the coming months.
With almost 83% of the new office space to be delivered in 2012 already pre-committed, and absorbency levels at a six-year high, developers have a unique opportunity to invest in Perth’s future growth capacity. The project aims to establish triple bottom line initiatives that will position Subiaco as a leading benchmark for sustainable development in the Perth Metropolitan Area. Existing planning approvals, combined with substantial investment by MRA in ESD infrastructure, innovative urban design, and commercial and activation strategies, will underpin the long-term value proposition for developers, investors and end owners.
When complete, AFC will be home to up to 300 residences and 37,500sqm of commercial space surrounded by inviting public spaces that encourage community and social interaction. The development will become a first-class residential and commercial precinct, the centrepiece of which will be a central plaza featuring public art, a water feature and alfresco dining.
