The recent completion of a development in West Leederville has highlighted the affordability benefits that apartments bring to Perth’s inner city suburbs.
Fiore by Psaros, located on Northwood Street, amid the area’s renowned flower wholesalers from which the name ‘Fiore’ is inspired, is a boutique-sized development of only 34 apartments. With apartments averaging $550K, the development provides a unique opportunity to live in desirable West Leederville where the median house price is $1.1million.
“Apartments provide a more affordable opportunity to live within 5km of the CBD, which has been a significant driver in the demand for apartment living in the last few years. There are many people who can’t afford houses in the areas they want to live, so apartment developments have made it possible for them to live in their desired suburb formerly out of their financial reach”, commented Psaros CEO Danny Psaros.
New Fiore resident Anja Stefanovic said, “West Leederville is a quiet suburb but still has the vibe of the city as Perth CBD is so close. I’m already enjoying some of the great features – walking around Lake Monger, city views, convenient shops and cafes, close to public transport so not having to use the car as much! I see myself living here for many years to come.”
Fiore, meaning ‘flower’ in Italian, exhibits industry-leading sustainability initiatives including solar power, energy efficiency and edible balconies, which further enhance the affordability aspect of these apartments.
“Apartments are inherently less expensive to run than a house and garden, even taking strata levies into consideration. With the addition of sustainability features such as solar power, residents can further reduce their living expenses to free up cash for lifestyle”, said Psaros CEO Danny Psaros.
There are only 10 apartments remaining at Fiore – ready to move in now – please contact 0419 984 368 for more information and to view the available apartments.Share on Twitter Share on Facebook