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Metropol: changing the face of city living

Laura Peppas

Not so long ago, Canberra’s city centre was reserved solely for work, not play.

Walk into Civic on a Saturday afternoon, and you’d be forgiven for thinking you’d stumbled onto the set of The Walking Dead.

Thankfully that’s all changing, and fast: the record-breaking pre-sales of GEOCON’s highly anticipated city development, Metropol, is proof that city living has never been more in demand.

The unique development, set next to bustling Canberra Centre and Glebe Park, exchanged on 110 units and more than $80 million in contracts in just under three hours at the VIP sales night held at QT on Saturday—a record for the ACT.

“While we’ve always had strong pre-sales in the first month of our other developments, with Metropol we were able to achieve a record-number of exchanges in just one night,” says GEOCON Marketing Director Melanie Hindson.

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Due to be completed by mid-2020, Metropol features 247 units including one, two and three-bedroom apartments and penthouses, and a 200sqm four bedroom penthouse.

There are also two-storey “SOHO” terraces with courtyards available, uniquely designed for residents to have an office downstairs and their living space upstairs—a nod to the increase in people working from home.

Melanie says Metropol’s huge sale results show the appeal of living in the city has never become clearer to Canberrans, and that we are slowly losing our tag of being a “car city.”

“We’ve all got such busy lives that people are starting to realise that you don’t necessarily need the big house, and the big cleaning job—we get out more, our lifestyle has changed and people want to be close to the amenities in the city, they want to be able to walk to the shops and walk to restaurants or work, and not have to drive everywhere,” she says.

“I talked to one couple who had bought an apartment, and they said their kids are almost grown up—their view was that they had raised their kids, and now they want to live close to the city and get out more.”

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Along with a 400sqm furnished rooftop terrace with views over the Brindabellas and Mount Ainslie, Metropol also has a luxe shared resident’s penthouse with an infinity-edge pool and bar, available for residents to hire at no cost if they feel like entertaining guests, or simply indulging in a little “staycation.”

“What we found is residents like amenity, but don’t always necessarily want to be sharing at the same time as other people; so this is a shared amenity but to be used privately,” Melanie says.

“Along with the infinity-edge pool and bar, the shared resident’s penthouse has views across Glebe Park and Parliament House, so it’s a pretty fantastic inclusion.”

The development will also include a hanging garden for residents to relax in, and room for commercial properties on the ground floor.

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Melanie says the building’s unique design draws inspiration from Canberra’s iconic civic architecture.

“It’s inspired by buildings like the National Gallery of Australia and the High Court of Australia, which are quite different to other buildings that usually have horizontal lines, whereas our development has strong, bold vertical lines,” Melanie says.

“We’ve been very clever in the way we’ve designed the floorplans, there’s no wasted space and we’ve made sure there’s a lot of storage (a massive tick in apartment living).

“There’s also glazing, engineered timber-look flooring, reconstituted stone benchtops and brush-gold tap ware – the finishing and fixtures are really quite stunning.”

With the light rail’s imminent arrival, booming restaurant industry and soon, GEOCON’s five-star hotel in Garema Place, Melanie says the changing face of Civic has made it Canberra’s newest property hotspot.

“When you buy off-the-plan at Metropol, you’re buying today’s prices; so in two years’ time when it’s finished, you’ve actually made money because the value of the property has increased,” Melanie says.

“Many people have been waiting for something to happen on this site for a while, and I’m loving that we’re seeing the city of Canberra change so much.”

the essentials

What: Metropol by GEOCON
Where: Situated on the City 7 site on the corner of Cooyong Street and Ainslie Avenue
When: Available to buy off the plan now. Building is due to commence in 2018, with residents expected to move in mid-2020.
Web: geocon.com.au/project/metropol

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Laura Peppas

Laura Peppas is HerCanberra’s senior journalist and communications manager and is the Editor of Unveiled, HerCanberra’s wedding magazine. She is enjoying uncovering all that Canberra has to offer, meeting some intriguing locals and working with a pretty awesome bunch of women. Laura has lived in Canberra for most of her life and when she’s not writing fervently she enjoys pursuing her passion for travel, reading, online shopping and chai tea.

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