Demand strong is bucking market trends

Source: The West Australian

Perth buyers have snapped up more than $60 million of luxury apartments prior to the imminent completion of Blackburne’s Oracle apartments on the corner of Stirling and Aberdeen Streets, Perth, according Blackburne.

The first project in the reborn Stirling Street Precinct to be completed, Oracle offers a lifestyle nestled between the inner-city locations of Northbridge, Highgate and the heart of Perth’s CBD.

Blackburne Founder and Managing Director Paul Blackburne said Oracle’s market success was a great sign for the Perth property market.

“Despite what some perceive as a slow residential market, Oracle has bucked trends with 99 of its 130 sky residences already sold,” he said.

“There is no doubt the remaining residences will be sold within a few months of completion.”

Oracle offers an unrivalled high-end lifestyle over 22 floors, providing exceptional interior design, first-class finishes and stunning panoramic views.

“The quality development, extraordinary amenities and superb views have attracted a large number of local Perth buyers who intend to live in the apartments,” Mr Blackburne said.

“There is strong demand for truly high-end, well-priced homes in Perth.”

The social element of the building’s common areas is a drawcard for owner-occupiers, enhancing the community aspect of its enviable location.

“The Wellness Hub on the podium level boasts an extensive gym, yoga/massage room, sauna and heated pool, while the Level 21 Sky Lounge offers a rooftop garden with open-air furnishings, barbecues, a private dining room and theatre,” Mr Blackburne said.

Oracle’s location, quality and exceptional design will assure its landmark status in an increasingly popular and exciting area, according to Mr Blackburne.

“The majority of apartment stock in Western Australia is at the low to mid-range,” he said. “Apartment buyers in Perth are far more sophisticated and understand the difference between mid-range and truly high-end residences.

“Oracle represents the first time a developer has delivered a truly high-end collection of residences in such a convenient community location.”

The development places residents in easy walking distance of the Perth train station, CBD shopping and dining, the arts and theatre of the Cultural Centre, and the buzzing nightlife of Northbridge and Beaufort Street.

“Oracle’s residents will be able to experience so much of what Perth has to offer by simply taking a short stroll out their front door,” Mr Blackburne said.

Contact Oracle Apartments | 9429 5775 | www.oracleperth.com.au.