Newcastle's One Apartments over 50% sold as construction continues
Construction is underway on Newcastle's latest residential development, ONE Apartments.
Their inhouse construction team, GWH Build, is handling construction of the two-tower development of just under 200 one, two and three-bedroom apartments.
The demolition of the existing site concluded late last year, paving the way for structural piling and inground work, which commenced early this year.
ONE Apartments, designed by global architects Marchese Partners and local firm CKDS, will feature one of GWH's signature inclusions, two all-weather rooftop entertaining areas overlooking 360-degree views of Newcastle.
Among the additional amenities are an outdoor heated pool, cinema, gymnasium, steam room, and several smaller private communal spaces available for bookings.
GWH officially launched ONE Apartments to the market in mid-June 2022.
The project attracted a strong interest from the outset, particularly among purchasers from other GWH developments. This has resulted in over one-third of Stage One being sold within the first eight weeks on the market.
"Currently, we're over 50 per cent sold in Stage One and all of our one-bedroom apartments are sold out which shows so much confidence in the market at the moment in Newcastle City, especially off-the-plan," said GWH/RE Licensee in Charge - Peter Kunov.
"Our enquiry rate every week seems to grow despite the current market and the confidence in the off-the-plan sales for both downsizers and investors and first home buyers is really strong."
ONE is located in the centre of Newcastle, just steps away from the Interchange, Marketown Shopping Centre and Newcastle’s famous walking tracks and trails.
The development is slated for completion in October 2025.
