Fairland’s $17.5m Kidman Park apartments flying off the market

Unprecedented demand means construction on one of Adelaide’s most exciting new apartment complexes will now commence ahead of schedule.

Hitting the market less than a month ago, Fairland’s Canopy Apartments at St James in Kidman Park has proven such a hit with buyers looking to secure an affordable slice of the Great Australian Dream more than a third of its architecturally designed apartments have already sold.

Priced from $595,000, Canopy Apartments has proven a hit with buyers, with the pace and volume of sales giving Fairland the confidence to start construction on the western suburbs project earlier than planned.

Project director Aleck Whitham said he was thrilled with the uptake.

“Canopy Apartments presents an exceptional opportunity for buyers seeking low-maintenance, convenient living at an attractive price point, and the fantastic response we’re seeing is a strong reflection of that offering,” he said.

“With construction to commence next month, momentum is building quickly; based on current sales progress and interest, we expect remaining apartments won’t be on the market for much longer.”

The $17.5m project will feature 38 architecturally-designed affordable one and two-bedroom homes.

The project – the developer’s first apartment venture – is aimed at providing first homeowners greater choice and a lower-priced entry point.

Mr Whitham said the complex would play an important part in making the development a welcoming and vibrant community.

“We’re really excited about this project as it not only marks a significant moment for our company but also reflects how St James is evolving as a community providing housing options that respond to the needs of a diverse range of buyers,” he said.