Join Australia's most dynamic and respected property investment community

North Perth WA: 6 apartments

Discussion in 'Development' started by Westminster, 25th Jun, 2015.

  1. Westminster

    Westminster Tigress at Tiger Developments Business Member

    Joined:
    13th Jun, 2015
    Posts:
    4,155
    Location:
    Perth
    The story so far http://somersoft.com/forums/showthread.php?t=97742

    Basic facts
    Where:
    North Perth WA
    What: 460sqm block zoned R60
    How Much: $595k for the site, estimated $1.4m for the construction
    When: May 2014
    Plan: 6 apartments. Three 2 bedders, Three 1 bedders.
     
    Perthguy likes this.
  2. PerthEngineeringDraftyGuy

    PerthEngineeringDraftyGuy Member

    Joined:
    19th Jun, 2015
    Posts:
    19
    Location:
    2 Guesses
    C'mon Myf, Surely you could have updated your username...
     
  3. Westminster

    Westminster Tigress at Tiger Developments Business Member

    Joined:
    13th Jun, 2015
    Posts:
    4,155
    Location:
    Perth
    Hi Jake :)
    I did change my username for one week and hated it so changed back :)
     
  4. PerthEngineeringDraftyGuy

    PerthEngineeringDraftyGuy Member

    Joined:
    19th Jun, 2015
    Posts:
    19
    Location:
    2 Guesses
    Haha. Glad mine was obvious enough for you!
     
    Westminster likes this.
  5. Jamie.CommercialPM

    Jamie.CommercialPM Member

    Joined:
    23rd Jun, 2015
    Posts:
    5
    Location:
    North Perth
    Are you able to share the location in North Perth?
     
  6. Westminster

    Westminster Tigress at Tiger Developments Business Member

    Joined:
    13th Jun, 2015
    Posts:
    4,155
    Location:
    Perth
    Sure, it's Charles St, North Perth - the Green St end.
     
  7. Westminster

    Westminster Tigress at Tiger Developments Business Member

    Joined:
    13th Jun, 2015
    Posts:
    4,155
    Location:
    Perth
  8. Westminster

    Westminster Tigress at Tiger Developments Business Member

    Joined:
    13th Jun, 2015
    Posts:
    4,155
    Location:
    Perth
    Good news. Last year when Round 5 of NRAS was cancelled I applied for some transfers from Round 4 for developments that didn't go ahead. This was back in December and the Federal Govt finally approved it today.
    The three apartments which are 1 bedroom will have NRAS allocations - providing more affordable housing near the city and improving tax free income to the SMSF. Win, Win :)
    Thanks to @euro73 for letting me know about the opportunity and managing the application.
     
    euro73, Arnel, Catalyst and 2 others like this.
  9. Westminster

    Westminster Tigress at Tiger Developments Business Member

    Joined:
    13th Jun, 2015
    Posts:
    4,155
    Location:
    Perth
    Wow can't believe that I haven't updated you on my world domination plans with this.

    Many many things happened.

    After Design Advisory Committee didn't like the design that was above it went through 2 other iterations then went into a black hole.

    I then decided to work smarter not harder and stop the design process and engage an architect who I like the work of and who also sits on the DAC so is intimate in what the DAC like and is well respected by the DAC.

    Some pretty big changes happened and we went down to 5 apartments but I was ok with that as the design outcome is a very pleasing to me. It went to DAC and they liked it but requested a few tweaks which is not unusual. The DAC requested that some local architectural style elements were to be incorporated into the design - this was tricky because the immediate locality is very old but not attractive old - imagine Italian/greek migrant architecture - concrete lions, stack stone, beer bottle yellow windows and geometric iron balustrading together with a lot of limestone to hold up undercroft garages.

    [​IMG]

    How do you interpret that??? Well the answer was some limestone retaining and implementing some of those same geometric shapes in a very very yellow design
     
  10. Westminster

    Westminster Tigress at Tiger Developments Business Member

    Joined:
    13th Jun, 2015
    Posts:
    4,155
    Location:
    Perth
    And this is what that interpretation looks like

    The yellow harlequin/diamonds are reflected in local balustrading

    upload_2017-4-4_19-57-17.png

    Breezeblocks are common too

    upload_2017-4-4_19-59-13.png

    upload_2017-4-4_20-0-13.png
     
    charttv, Big Daddy, Braz and 2 others like this.
  11. Westminster

    Westminster Tigress at Tiger Developments Business Member

    Joined:
    13th Jun, 2015
    Posts:
    4,155
    Location:
    Perth
    DA was lodged on 15th December after DAC gave Design Excellence at end of November.

    Then it entered another black hole called the council. 60 days is what it should take, after 60 days we didn't even have an assessment of it yet. Seems they are massively understaffed with staff on stress leave etc. After 105 days this week it is determined it has been assessed and needs to go to consultation which will take another month.

    I have grown very old waiting

    [​IMG]
     
    Skuttles, Perthguy and hobo like this.
  12. Perthguy

    Perthguy Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    8,237
    Location:
    Perth
    I like the design a lot. It looks neat to pick up some of the local vernacular in such a modern looking building. It gives it a distinctive style too.
     
  13. Aaron Sice

    Aaron Sice Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,118
    Location:
    Ocean Reef, WA
    When did you change your name to Panthera....?
     
  14. Big Daddy

    Big Daddy Well-Known Member

    Joined:
    25th Jun, 2015
    Posts:
    621
    Location:
    Perth
    Hi
    Nice work!
    Did you use Joe Chindarsi?

     
  15. Westminster

    Westminster Tigress at Tiger Developments Business Member

    Joined:
    13th Jun, 2015
    Posts:
    4,155
    Location:
    Perth
    Hello stalker
    Panthera Tigris is the scientific name for Tiger so it's a variant of a theme.
    I use Panthera for SMSF and some other stuff.
    Helps keep some anonymity with Councils if I use different names :p

    Yes this is Joe's work. He's very good to work with, well respected at Vincent and we deal well together.
     
    Perthguy likes this.
  16. wombat777

    wombat777 Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    2,315
    Location:
    On a Capital Growth Safari
    Great design! It's amazing what is possible with small sites and the right zoning ;-)

    Edit - what's the gross floor area for the net sellable are and your current estimate for construction cost?
     
  17. Westminster

    Westminster Tigress at Tiger Developments Business Member

    Joined:
    13th Jun, 2015
    Posts:
    4,155
    Location:
    Perth
    I'm not sure on the definition of net sellable? But I'm going to give you lots of measurements and you can work out if that is what you want?

    Only got one construction quote at the moment and that is $1.35m inc siteworks, headworks and turnkey items.

    It has 340sqm of plot ratio which is all areas minus parking, landscaping, balconies, storerooms and stairs.
     
    Perthguy likes this.
  18. wombat777

    wombat777 Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    2,315
    Location:
    On a Capital Growth Safari
    Thanks. If the floor spaces are similar to the earlier plans that you posted I will plug those numbers into my spreadsheet and see what number it comes up with. Probably on the weekend.
     
  19. Aaron Sice

    Aaron Sice Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,118
    Location:
    Ocean Reef, WA
    Its out for advertising....?
     
  20. mrdobalina

    mrdobalina Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    1,110
    Location:
    On the ski slopes
    Did you get bonus plot ratio?
    I thought with 460sqm R60 would give about 320sqm plot ratio.