Exciting milestone for GEM
Waterline Place - Gem Topping out Media Release -- September 2018
Community developer AVJennings has reached a significant milestone at its prestigious $450 Williamstown community, Waterline Place, with construction reaching the top level of its 10 storey ‘Gem’ apartment and penthouse building, the tallest within the development.
The milestone marks an important addition to the developing Williamstown community and is the second boutique apartment offering to top out in the local market.
In celebration of the milestone, all relevant stakeholders, including an array of AVJennings Executives and Elenberg Frasers Principal Caleb Smith, came together atop Gem, to celebrate the completion of the building’s structure.
Victorian General Manager for AVJennings Angus Johnson says the completion of Gem’s structure is a significant step forward for the flagship community. “ Yesterday we shared an intimate celebration complete with future residents and the various consultant teams who have been instrumental in bringing Gem to life, serving to demonstrate the project’s ongoing commitment to creating a close-knit community,” Johnson said.
“ Gem topping out is a proud moment for AVJennings as it represents a significant milestone in the delivery of beautifully-appointed, quality apartments to an area where supply is incredibly limited and demand is at an all-time high. “ Gem at Waterline Place has offered local downsizers the opportunity to stay in the suburb they know and love while not compromising on quality, so we are thrilled to be one step closer to welcoming these residents into their homes. “ Momentum is really building across the masterplanned community now so the entire team is looking forward to continuing to nurture the Waterline Place community as it establishes,” Johnson said.
Inspired by the timeless sophistication of its surrounding neighbourhood and designed by internationally renowned architects Elenberg Fraser, Gem boasts immaculate interiors and unparalleled 360-degree views. Gem has proven popular with the hyper-local market, with over 70 per cent of sales achieved to date recorded from Williamstown, and a number of purchasers choosing to amalgamate multiple apartments to create a truly bespoke, luxury home.
In the coming months, AVJennings will launch a brand new display suite and café within the precinct located at 47 Nelson Place, set to be open to the public shortly.
Today, Waterline Place under construction and is set to be completed in 2022, delivering 510 residences upon completion comprising 100 townhouses and 410 apartments, all located just a stone’s throw from the beating heart of Williamstown - Nelson Place.
Offering great diversity of product throughout the development, homes at Waterline Place currently start from $530,000.