A new set of three interlocking one-bedroom apartments on a 250-square-metre block in Perth is expected to hit the market in March 2017.
The apartments, located in the new WGV precinct at White Gum Valley in Perth’s southern suburbs, are likely to sell at around $400,000.
The aim of the project is to change the way smaller lots are used for multiple homes. The apartments will have a shared outdoor living and green space.
“The Gen Y Demonstration Housing Project offers an innovative and unique housing option designed for 21st century living,” LandCorp CEO Frank Marra said.
Aiming the project at young buyers has shaped the demands of the development. The development model has been designed to reduce running costs by showcasing best-practice design in sustainability and energy efficiency.
“Amenity and location are important, as are diversity and sustainability. [Gen Y’s] interests and aspirations are reshaping cities around the world, and being able to offer a solution that caters to this group of buyers, and encourages the revitalisation of older neighbourhoods, is something we’re very proud of,” Mr Marra said.
The development also boasts a dedication to accessibility. It features wider doors, reduced thresholds and has the option for accessibility aids.
The apartments are currently open for inspection.