Strong buyer demand brings forward Fitzroy's MIYA development by six months

Strong buyer demand brings forward Fitzroy's MIYA development by six months
Nicola TrotmanDecember 7, 2020

Angelo Property Group’s MIYA Fitzroy development is 90% sold following an eight-week word of mouth sales campaign.

Of the 60 apartments and townhouses on Kerr Street, only six remain for purchase off-the-plan – four apartments and two townhouses.

Architecturally designed by Kennedy Nolan, the development lobby will feature sleek stone terrazzo tile floors and wide limed timber wall panels.

The heritage fronting on Rose Street will also be restored.

MIYA will also feature Japanese inspired gardens by landscape designer Jack Merlo, which will be filled to bamobbo, gingkoes, camellias and jasmine

“Fitzroy is the only city fringe area that doesn’t currently have an oversupply of apartments,” said Ange Angelo, director of Angelo Property Group.

“Buyers are drawn to the area for its lifestyle, but the high level of demand and rental return also makes Fitzroy extremely appealing for investors.

MIYA will offer our residents the best of both worlds, a slice of Eden and easy access to one of Melbourne’s most vibrant streets.

The gardens and open spaces in MIYA give people a living experience unlike any other project we’ve seen in Fitzroy,” says Angelo.

Angelo says Angelo Property Group consulted with the community and were careful to include their feedback in the design, as well as take the heritage of the area into consideration.

Three one-bedroom apartments remain, priced from $450,000 and start from 65 square metres and one two-bedroom apartment remains priced from $600,000.

Two townhouses remain priced from $900,000.

Construction is due to start in December, six months ahead of schedule due to the strong buyer demand.

Nicola Trotman

With a penchant for the written word, Nicola has built a career doing just this – now Creative Director at thriving Melbourne-based PR agency, Greenpoint Media.

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