TURRISI PROPERTIES BREAKS GROUND ON BOHEMIA
Written on the 14 July 2016
TURRISI Properties has fast-tracked construction on its $51 million Bohemia development in West End, following strong sales.
The Brisbane-based developer has appointed Sommer & Staff Constructions to commence work on the project, in a contract valued at $25 million for 94 apartments.
Turrisi Properties managing director Gaetano Turrisi says owner-occupiers have flocked to the development, demonstrating the area's appeal.
He says research by Domain shows the average West End resident is aged between 20 and 39, with a mix of singles and families.
"The unusually short lead time is a reflection of the strong interest we've seen in Bohemia," Turrisi says.
"We are already moving towards 50 per cent sold and that's allowed us to break ground ahead of program.
"With Brisbane-based builders, architects and a local developer involved in the project, we are all invested in delivering an outstanding development that enhances West End."
Bohemia has been designed by architecture firm ROTHELOWMAN, featuring a contrasting dual-fronted façade in honour of West End's history.
Located on Jane Street, the development comprises a mix of one, two and three bedroom apartments starting at $390,000.
Construction is expected to be complete in 2017.