AMP Capital has selected leading multi-residential developer Blackburne to develop 94 high-end residential apartments on the east side of Karrinyup Shopping Centre which is undergoing an $800 million development.
The east residences, which will comprise a range of 1, 2 and 3 bed apartments and penthouses, will be a fitting addition to the circa 109,000 square metres of premium retail, food and entertainment that Karrinyup Shopping Centre will offer on completion.
AMP Capital’s WA Divisional Development Manager Shopping Centres, Scott Nugent, said mixed-use development is a trend that is being embraced both locally and nationally.
“By combining shopping, dining, entertainment and living, we’ll be creating a lively community hub where people can meet, relax, shop, dine or enjoy unique experiences close to their own home. Retailers will also benefit from having residents right on their doorstep, contributing to the vibrancy of the centre beyond 5pm.”
“Blackburne has a proven track record when it comes to the quality of their product, ability to provide bespoke design and their numerous award-winning projects. We are looking forward to working with them to deliver high-quality apartments that will complement the new Karrinyup,” Mr Nugent said.
Located just 12 kilometres north of Perth, Karrinyup Shopping Centre is situated in a well-established area, which includes many of Perth’s most prestigious suburbs.
Blackburne Founder and Managing Director Paul Blackburne said the project presented a unique opportunity to create larger, higher-end residences in a premium location.
“Located on the east side of Karrinyup Shopping Centre, the elevated site provides incredible views over Lake Gwelup, surrounding parklands and the city skyline.
“By combining shopping, dining, entertainment and living, we’re presenting buyers with a level of convenience and connectivity that has not previously been seen before in Perth,” Mr Blackburne said.
Blackburne is planning to launch the east residential apartments for sale later in 2019, with construction set to commence towards the end of 2020 and practical completion targeted for mid-2022.‹ Back To News