South Perth may be seeing an additional 56 dwelling units worth $60m after apartment developer Finbar Group  announced its plans to construct a 21-storey complex in the area last week.
 
The developer has confirmed its acquisition of a property that stretches 1,782 square metres at 5-7 Harper Terrace. The site currently has 14 individual strata titled apartments.
 
Finbar is eyeing to demolish these existing 1970s apartments to give way to the planned luxury apartments, ground level retail sections and a one-level office space.
Finbar expects construction to begin in early 2017.
 

With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now