Edge Visionary Living line up apartment developments on two of Perth's best beaches
The Perth apartment developer, Edge Visionary Living, has a big 2022 in store.
Edge, led by their executive director Gavin Hawkins, will start developing arguably the two best apartment developments across the state next year, both beachside, and both set to become local icons of their respective area's.
They'll be starting in Scarborough with their $120 million beachfront apartment development, The Dunes, some 200 apartments across two buildings on a vast 6,600 sqm site, expected to launch around March time.
"The Dunes will change the face of Scarborough apartment living," Hawkins said about the Hillam Architects-designed buildings that front the beach. They will also feature 25 metre lap pools and sunset beach bars.
"There will be something for everyone, from one-bedroom apartments for the first home buyer demographic to significant penthouses for the downsizer," Hawkins added.
Hawkins compares Scarborough's rejuvenation to Melbourne's St Kilda, everything but the pristineness of the beach.
"Scarborough is an eclectic mix of communities, with a lot of government money spent on it in recent years," Hawkins says.
"It's really going through a renaissance in terms of social and public amenity in the area, and The Dunes really taps in to that redevelopment."
The significant site sits at the Northern end of the Gateway Precinct Zone, which Hilliam Architects said calls for developments to respond to the relaxed coastal setting by emphasising a relaxed coastal aesthetic.
"The design of The Dunes has specifically taken on coastal cues and a softer curved form to meet this objective," they noted.
The Perth market has continued to be strong for the off the plan apartment, with a combination of high house prices and limited supply of high quality off the plan apartments meaning high prices are being achieved for good product in good locations, Hawkins says.
Contributing to the somewhat limited supply is the lack of skilled work migration, paired with high construction costs. Hawkins says the developers who didn't plan far enough head will be pushing their proposed developments back, which is resulting in a supply shortage for those looking to downsize from the family home.
"There will be a real shortage for the next 12 to 24 months," Hawkins says. "We [Perth developers] won't be able to build quick enough."
Edge are well on track however, and are currently working on the designs for their redevelopment of the Ocean Beach Hotel, right on the beach in Perth's most affluent beach suburb of Cottesloe.
"Everyone in WA who is over 21 has had a beer at the OBH," Hawkins says, suggesting the area is Perth's version of Bondi Beach.
Edge will be working in collaboration with the longtime publican's of Ocean Beach Hotel, the Quinlivan family, for three towers that will home just shy of 200 apartments. They'll be a little larger and more premium than those at The Dunes.
Part of the redevelopment will see the OBH brought in to the 21st century. The above renders are proposed, as the development is still going through consultation prior to development application submission.