Boutique developer Willing Property has launched a $23.5 million townhouse redevelopment project in Mt Hawthorn.
The developer announced today it had bought an existing 42-townhouse block in Jugan Street, Mt Hawthorn, which it intends to redevelop into two and three-bedroom homes.
Prices for the individual dwellings will range from $489,000 to $589,000.
Willing Property founder Tim Willing, who was formerly managing director of Multiplex Living, said the company saw enormous potential in the project.
“The interiors are oversized when compared to new projects in the market, and our three-bedroom townhouse price is comparable to brand new one and two-bedroom units in other developments,” Mr Willing said in a statement.
Works have recently started and the project is scheduled to be complete by November.