First stage of DKSN development site hits the market
Stage one of Doma and Englobo’s $160 million inner north precinct is now on the market. The ‘Cape’ is a mix of 102 one, two and three-bedroom apartments. Taken to market by Colliers International, one bedroom apartments start from $304,900 and two bedroom from $449,900.
Doma’s Managing Director, Jure Domazet, said those buying into Cape apartments will be part of the first full-offering precinct situated on Canberra’s light rail corridor. Precinct residents will enjoy a vibrant mix of amenities including restaurants and cafes, a 90-space childcare facility, a large medical centre, a supermarket and gym, all organised around a network of pedestrian lanes and green plazas.
“What DKSN offers is a new social heart of Dickson—a place where commercial, residential and retail come together in a cohesive precinct,” said Mr Domazet. “It’s the combination of these elements, including easy access to public transport, that sets DKSN apart as a thriving place to live, work and socialise. The substantial commercial and retail offering on the site, including an ACT Government Office, means that at completion there will be more than 1,500 people who will come to work each day at DKSN.”
Colliers International Director Residential, Shane Radnell, said DKSN will meet the pent-up demand for residential opportunities on the light rail corridor.
“Canberrans are embracing apartment living and all the benefits it offers, such as low maintenance, proximity to amenity, and centrality. With DKSN residents will get the complete precinct package. They could quite literally work, rest and play here”, said Mr Radnell.
Englobo’s Managing Director, John Susa, said, “The popularity of Dickson and demand for residential opportunities on transport hubs is demonstrated by the strong apartment rental returns being achieved here, in excess of 5 per cent. The rejuvenation of the Dickson Group Centre will be led by DKSN.”
The Cape apartments have been designed by leading Australian firm Bates Smart and feature a timeless exterior pallet of concrete, anodised aluminium and glass, complementing the façade of the adjacent office building. Mr Domazet said buyers will be able to choose from two architecturally designed colour schemes for their apartments.
“We have curated two timeless and sophisticated colour pallets to give buyers choice between a light and dark colour scheme”, said Mr Domazet. “The interiors—minimalist and monochrome—provide the perfect blank canvases on which residents can project their own individual style.”
At the ground floor the Cape apartments will house an activated retail promenade with cafes and restaurants spilling out into the green architecturally landscaped plaza.
The Cape apartments and the 13,200m2 office space anchored by the ACT Government form stage one of the DKSN precinct. Stage two will comprise of 175 residential apartments, 4000m2 of commercial space, and 3700m2 of retail space including ground floor commercial tenancies and a bustling eat street. Doma and Englobo have received strong commercial enquiry for these vacancies.
“DKSN will be a jewel in the Dickson crown and is already generating strong interest. Our agents are very excited to be bringing this high-quality development in the heart of all the action to the market”, said Mr Radnell.
More information on the Cape apartments is available by contacting Colliers International on 1800 523 727or by visiting www.DKSN.com.au