Developments

30-level complex for South Perth

Finbar is set to construct Perth’s tallest building outside the CBD.

The company has announced plans for a $300 million, 30-storey oval-shaped apartment tower on a 7206m² site one block from the waterfront in South Perth.

The complex would have 295 apartments and would include a supermarket, specialty stores, office space and plaza.

The development will complete the City of South Perth’s long-term vision to create a key civic project on the site.

The council amassed nine lots in 1986 and the Finbar-led consortium will pay the city $27.3 million for the combined land.

Finbar said it would enter a landowner development agreement with established joint-venture partners to build the tower.

Finbar managing director Darren Pateman said it is aiming for designs to be approved by the end of the year, with construction to finish before mid-2018.

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