The launch of the ‘Woodbridge on Green’ development has brought affordable apartments to Midland.
Midland is a suburb set to boom due to planned public and private investment totaling over $4billion.
With apartments starting from just $339,000, the developers of the five-level, 79-apartment complex are owing the high level of interest experienced so far to its location within the Midland redevelopment area the McGowan government is actively pushing.
Leading developer Psaros is delivering the project in collaboration with the Western Australian Department of Communities, and Psaros CEO Danny Psaros said, “Woodbridge on Green is perfectly positioned to take advantage of Midland’s exciting and vibrant future. With both its location, close to existing and planned infrastructure, and a sustainable design that will keep it relevant in the future, it has proved popular among savvy buyers with an eye on capital growth”.
Woodbridge on Green has also been planned to take full advantage of the Metropolitan Redevelopment Authority’s (MRA) Masterplan for growth - the MRA vision is to transform the Midland city centre to revitalise the gateway to the nearby Swan Valley tourist region.
Department of Communities Acting General Manager Commercial Operations, Nigel Hindmarsh, said Woodbridge on Green embraces urban infill housing targets, delivering high-quality, affordable and sustainable high density housing in an area where these options have up until now not been readily available.
“Woodbridge on Green, coupled with the future Midland Metronet Precinct will support the transformation of Midland into a vibrant and active community, while benefitting the local area through greater housing affordability, employment opportunities and economic and community growth.”
Residents will be within walking distance of shopping and recreational amenities, the Midland train station and bus interchange, and schools and hospitals.
Planned completion of the project is early 2019.