Stage Two launch

STAGE Two of the successful $140 million Panorama Apartment development on Terrace Road, Perth, will be launched this month.

The first stage of the project involved the construction of an 18-storey tower, and the development now moves into its low-rise phase with the construction of two three-storey apartment complexes.

The 24 one and two-bedroom apartments range in size from 77sqm to 112sqm and residents will have access to roof-top facilities, including a heated pool, spa and sauna, function room and exclusive lounge.

Prices for the Garden Apartments range from $265,000 to $400,000.

Colliers Jardine residential associate John Lagdon said the Panorama Apartment project was the most successful inner city project ever undertaken in Perth.

Almost 80 riverview apartments in stage one have been sold as well as a number of penthouses, putting sales at more than $35 million.