Higher density dwellings are not unusual features of the Canberra landscape, but Republic in Belconnen promises to be something very different.
The Geocon project is being designed as an entire precinct and will include five buildings across a 1.6-hectare site that will deliver 1300 apartments. There will also be some 10,000 square metres of retail and office space and a 130-room Abode hotel.
Geocon promises the precinct will also feature a live performance theatre, an urban park and other public spaces and that it will “bring people together, day and night to live, work, shop and play”.
The precinct has been designed by renowned Fender Katsalidis Architects, who believe the Republic masterplan will add a new dimension to one of Canberra’s busiest town centres.
The $700 million investment will be the largest since Canberra Airport.
One-bedroom units in Republic begin at $282,900, two bedrooms from $419,900, and three from $779,900 with agents saying these prices are up to 15 per cent lower than comparable properties.
Construction begins later this year and is expected to be completed in October 2019.
BELCONNEN
Republic
Edmonstone Place
PRICE GUIDE: $282,900-$859,900
AGENTS: Luke Revet and Matt Nicholls, 1300 979 757, Independent Property Group
INSPECT: Sales gallery, Ground floor, 120 Eastern Valley Way (Wayfarer Building), Belconnen, open Monday-Sunday (except Tuesday), 10am-4pm
SEE MORE: goo.gl/8Nkf3m