Realm Adelaide has almost sold out

Market Insights
5 years ago
3 minutes

Realm Adelaide first launched in February 2017. A year later, 86% of the off-the-plan residences have sold, leaving buyers a short amount of time to secure a 1, 2, 3 or 4 bedroom apartment/penthouse for themselves. Construction is well underway and the Realm Adelaide build is expected to finish earlier than initially planned. Now, owners will be able to move into their new homes by December 2019.

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Located behind North Terrace, the new skyrise tower will be the tallest building in South Australia. Residents will have unparalleled views, stretching all the way to the West where the sun will glitter off the sparkling blue oceanic water and to the South, where the Adelaide hills populate the landscape with varied hues of green.

The creative minds at architects Elenberg Fraser have showcased their innovative power at this development. In a building that is predominantly ultra-modern, they have paid tribute to the site's historical past by imbuing the ground floor lobby and facade of the building with an Art Deco twist. The golden features cleverly double as sun filters, to further shield residents from the intense heat of South Australian summers.

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Ben Small, Realm Adelaide Sales Director, says, “When Elenberg Fraser created this building, their vision was to make people’s lives better through great design. Their approach married with a superior product and growing trends towards city living means that we have been perfectly positioned to be one of the most successful residential towers that have ever sold off the plan in Adelaide.”

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Residents of Realm will have access to luxurious resort-style facilities. Level 8 features a fitness suite with mixed-use gym equipment where you can scale the climbing wall or make use of the CrossFit facilities. Next door there are two private function spaces which are perfect for sumptuous birthday feasts. Otherwise, you can use the space for business conferences or weekend cocktail parties. Both amenities link to the outdoor terrace where you can swim in the 25m lap pool all year round, thanks to the heated water feature. Afterward, sink up to your neck in the heated spa and, with the wintry chill on your face, feel content at the heat that soaks you from neck to feet. Curved furniture fits naturally into the decking, indicating an intelligent use of the space.

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Level 39, exclusive to residents of the premium apartments or Penthouse Collection Series, will feature a ‘wellbeing zone’ complete with an indoor yoga studio for meditation and gentle stretching. Afterward, retreat to the massage space, or sauna and steam room, and access your inner zen. These luxurious amenities spread onto a decadent rooftop terrace made resplendent with climbing plants on trellises and surrounding greenery.

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Realm Adelaide is perfect for every kind of buyer. Whether you are downsizing, investing or purchasing your first home, you will find the powerhouses behind this project have created spaces that are both design-focused and market driven. Parallel Property is renowned for creating unique living spaces and have an extensive portfolio of luxurious QLD resorts, residential accommodation in Sydney and luxury towers in South Australia.

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On top of the premium designs, resort-style amenities and attractive CBD location, buyers can save up to $30,000 on their acquisitions. Investors will profit from a 2 year guaranteed rental agreement for 5% per annum, while owner-occupiers can purchase off the plan and apply for a rates exemption from the Adelaide City Council for a period of up to five years. And then there are the stamp duty concessions for up to $15,500 as well as applications for a first home owners grant.

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With less than a quarter of these residences left to buy off-the-plan, prospective owners will need to register interest soon or risk missing out on these luxurious, innovative, expertly designed apartments in the heart of Adelaide’s CBD.

Enquire about Realm Adelaide for more information or to register your interest.