Aug 30, 2024 | , ,

Elysian Subiaco unveiled as scaffold comes down and the search for a FnB Operator commences

We are excited to see the building unveiled as the scaffold comes down and we near completion. One of our more challenging but rewarding developments, the team has worked tirelessly to bring this development to life, no doubt adding many grey hairs to all involved!

The commercial space on the North / East corner of the development has been designed specifically to accommodate food and beverage / retail and we are now actively marketing to secure a suitable Operator that has a concept that will resonate with the community, both above and surrounding.

FnB Commercial Tenancy

  • 237m2 plus Duke St Pocket ark on Northern verge,
  • North / East Alfresco Dining (STCA)
  • Secure Loading Dock
  • 5 designated car bays, 2 visitor bays and substantial parking on Duke and Rokeby.
  • Ability to split into two tenancies of 80m2 and 115m2

 

If you know of a great Operator looking to make their mark on South Subiaco, then get them to reach out for a chat.

With internal works nearing completion, we are looking forward to welcoming our new Residents into the building before the end of the year. Having stopped advertising the development over 12 months ago with 11 unsold apartments we have been blown away by the continual interest and as we launch the final apartments for sale we have just 4 unsold apartments.

Final Available Apartments

  • #105
  • #104 – Under EOI
  • #305 – under EOI
  • #504

The 4 remaining apartments are all 3 bedroom, 2 bathroom, 2-3 car bay apartments of various sizes and located on levels one, three and five. With no other boutique apartment development under construction or contemplated in South Subiaco this represents a unique final opportunity. Much like our Lucent Claremont development we anticipate the apartments to be very tightly held.

Elysian will afford 34 homeowners the opportunity to right size in Subiaco. Many are coming from their large family homes which are now being sold to younger families to enjoy. Some are coming from further afield to be close to their kids and grandkids and some are younger professionals looking to enjoy the lock and leave lifestyle. Three of the apartments have been bought as investments affording a unique opportunity for a few tenants to enjoy all that Elysian will offer.

Celsius takes great pride in every development we undertake and we can’t wait to unveil the finished product. In the meantime if you know of someone that may be a suitable FnB Operator or if you have any interest in finding out more about the last remaining apartment, feel free to reach out to me directly on 0411 144 230.

All the best,

Richard