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Hobart dwelling market to receive major boost with 50 new apartments

Mar 7, 2022
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Publisher: 
Traders In Purple

Greater Hobart’s tight dwelling market is set to receive a major boost with 50 new apartments entering the planning application process.

 The next stage of the exciting “Kings Quarter” development at Kingston, this $30 million project will deliver 50 new apartments just a short commute from the Hobart CBD, and within easy walking distance of amenities in Kingston.

 “We all know that there is intense demand in greater Hobart for housing”, Traders In PurpleDevelopment Director Jennifer Coopers said.

 “The first stage of Kings Quarters has already sold out, providing 80 new homes with construction already underway.

 “This next stage will provide a further 50 dwellings, as well as supporting around 180 jobs both on and off site during the construction phase, with positive flow-on effect to local businesses including suppliers, manufacturers and consultants.

 “The two and three bedroom park front apartments will appeal to a wide range of demographics, and based on Stage 1 sales, purchasers are expected to be a mix of downsizers,local owner occupiers, and investors.

 “Traders in Purple is very proud to be partnering with the Kingborough Council and local businesses to revitalise  the site of the old Kingston High School, and to be providing high quality housing into the market.”

 Ms Cooper said that due to Kingborough Council’s partnership with Traders In Purple to develop the site, the Development Application for the apartments would be assessed by an independent planning expert.

 For more information on this exciting next stage, enquire now to be among the first to learn more.