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Rose Park penthouse draws 60+ groups at Adelaide launch

Penthouse 302 at 7A Victoria Terrace, Rose Park drew more than 60 groups at its Thursday launch, realestate.com.au reports. It spans 451sqm.

Illustration for: Rose Park penthouse draws 60+ groups at Adelaide launch
60+launch groups
451sqmtotal size
16apartments

Penthouse 302 at 7A Victoria Terrace, Rose Park, in Adelaide’s eastern suburbs, opened to buyers on Thursday night, and more than 60 groups attended the launch, according to realestate.com.au.

The outlet describes the home as the top residence in the newest complex in the suburb, and says the turnout points to strength in Adelaide’s prestige market.

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Why it matters

Selling agent Stephanie Williams of Williams Real Estate, who is marketing the home with Jonathon Kiritsis, told realestate.com.au: “The market response at the first opening was absolutely outstanding.” She said more revisits were expected over the weekend.

Williams said buyers so far have mostly been local downsizers who know the eastern suburbs. In her account, they want a low-maintenance, more convenient lifestyle without losing space.

She also pointed to limited scope for apartment development in Rose Park and said another apartment home of this size is unlikely in the suburb. The article attributes that view to her, and she is the person selling the property.

The numbers

realestate.com.au reports the penthouse measures 451sqm in total, with 270sqm of internal living space. It has three bedrooms, a study, an open-plan kitchen, living and dining area, and a separate living room.

The master suite has a walk-in robe that leads to a private terrace and an ensuite with a large shower and feature bath. A 181sqm entertainer’s terrace runs along the eastern and southern sides of the home, with views over the city and hills.

The home comes with four dedicated parking spaces and a storage cage. The realestate.com.au listing pitches it as grand-proportioned contemporary apartment living, with private terraces and leafy outlooks.

The report names Loucas Zahos Architects as designer and Kennett as builder. CapPru is named as the developer of Rose Park Apartments, a small boutique project of 16 homes, the report says.

What’s next

The report does not give a price guide, a sale date or a sale method, so none are stated here. Williams said revisits were expected over the weekend, which is the next step the agents describe.

For another Rose Park apartment project in our coverage, see the ACH Group 11-storey resubmission.

Whether the launch interest turns into a sale will depend on the result, which realestate.com.au had not reported when it published on 13 November.

Quick answers

What is the latest on CapPru?

Penthouse 302 at 7A Victoria Terrace, Rose Park drew more than 60 groups at its Thursday launch, realestate.com.au reports. It spans 451sqm.

What are the key numbers in this story?

launch groups: 60+; total size: 451sqm; apartments: 16.

Where does this information come from?

This story cites realestate.com.au. Every source is linked on the page.

Sources

How we report →

Filed by the AusDev Adelaide Desk. How we report.

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