Canary Wharf Group says it has seen healthy sales figures over the summer at its new residential district, Wood Wharf.
It reports that 16 apartments have sold since July. 10 Park Drive, the first building to be constructed at Wood Wharf, “was marketed quietly over the summer, ahead of the public release of the final 75 apartments in September”. The block will house 345 apartments, which will be ready to move into in the spring of 2020. One-bedroom apartments are priced from £880,000.
Buyers at 10 Park Drive will benefit from exclusive access to the “oasis in the city”; a terraced sky garden situated on the 13th floor. The residents’ club provides a sophisticated space in which residents can relax, socialise and entertain guests. Purchasers will also have access to residents’ only fitness facilities at a brand new Third Space gym.
Brian De’ath, director of residential sales at Canary Wharf Group, said, “We have seen strong demand and sizeable number of enquiries surrounding Wood Wharf whilst quietly marketing 10 Park Drive over the summer. When purchasers come onto the site, they can see how well the buildings are taking shape and properly envision how impressive the whole area will look when complete. The excitement is growing as we move even closer to welcoming our first residents on the Estate.”
“We have already sold approximately £20million GDV [Gross Development Value] of apartments on the Estate in the past quarter, and we are enjoying a steady flow of enquiries now that the final 75 apartments have been launched.”