Subiaco

The national property developer Cedar Woods are seeing all type of buyers snap up the townhomes&nbsp;in their Subiaco development Incontro.

They&#39;ve sold 90 per cent of the 41 townhomes&nbsp;on offer at the Salvado Road development in the sought-after suburb just outside of the Perth CBD.

Local downsizers within a five kilometre radius of Subiaco have been keen&nbsp;buyers, predominantly from those living in larger family homes, seeking a lower maintenance lifestyle in the same area.

[smartcode_project:default project_id=29961 project_image_fid=93825]

There&#39;s also been upsizers, who have been a mix of young professionals and young families. These buyers&nbsp;have been coming from a little bit further afield, looking for the lifestyle the suburb of Subiaco offers.

The location is one of the key attractions of Incontro. It&#39;s located just a few kilometres from the CBD and has the parklands of Subiaco Common and Henderson Park, as well as retail and entertainment options with Rokeby Road and Cambridge St cafe and shopping strips within walking distance.

The flexible space above the garage has been popular among buyers who will utilise the space for&nbsp;an extra bedroom, home gym,&nbsp;or a home office.

[smartcode_project:default project_id=29961 project_image_fid=161895]

The building demolition works have been completed on site, with building work to commence imminently. The townhomes are expected to be completed in mid-2022.

The development will also see apartments launched in late 2021.

Local downsizers within a five kilometre radius of Subiaco have been keen buyers

Joel Robinson

Why Cedar Woods is attracting all buyers for their townhomes in Subiaco

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An architecturally designed building in Subiaco, Western Australia is under contract.
The seven-year-old residential and commercially zoned property has 190 sqm of floor space.
The sale comes with council approved permits for a residential space, local shop, medical centre or offices.
It is currently used as an exhibition centre. 
Paxton Head agents Jennifer Lowe and Michael Hoad had the listing of <a href="https://www.realestate.com.au/property-other-wa-subiaco-118477643" target="_blank">316 Rokeby Road</a>.
The property on 323 sqm traded for $495,000 in 1999.
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