[U/C] Victoria Tower - 36 Grote Street | 123m | 35 levels | apartments

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gnrc_louis
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[U/C] Re: Victoria Tower - 36 Grote Street | 123m | 35 levels | apartments

#121 Post by gnrc_louis » Thu Mar 16, 2023 7:01 pm

I really fear this is going to become a vacant site in a pretty prime position :wallbash:

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[U/C] Re: Victoria Tower - 36 Grote Street | 123m | 35 levels | apartments

#122 Post by VinyTapestry849 » Sun Mar 19, 2023 10:21 am

gnrc_louis wrote:
Thu Mar 16, 2023 7:01 pm
I really fear this is going to become a vacant site in a pretty prime position :wallbash:
The hell are you on about???

They've sold over 50% of apartments already, ofc its going up

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[U/C] Re: Victoria Tower - 36 Grote Street | 123m | 35 levels | apartments

#123 Post by gnrc_louis » Sun Mar 19, 2023 10:39 am

VinyTapestry849 wrote:
Sun Mar 19, 2023 10:21 am
gnrc_louis wrote:
Thu Mar 16, 2023 7:01 pm
I really fear this is going to become a vacant site in a pretty prime position :wallbash:
The hell are you on about???

They've sold over 50% of apartments already, ofc its going up
Lol after this comment, starting to wonder if yours is a parody account?

Plenty of apartment developments over the years which have made a reasonable number of sales, but not enough sales to go ahead.

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[U/C] Re: Victoria Tower - 36 Grote Street | 123m | 35 levels | apartments

#124 Post by Pikey » Fri Mar 31, 2023 8:00 am

Driving past this one a few days ago, there is some excavation underway. Not sure if it's site remediation, but it definitely doesn't feel like a dormant site just yet
Walking on over....

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[U/C] Re: Victoria Tower - 36 Grote Street | 123m | 35 levels | apartments

#125 Post by Mpol02 » Fri Mar 31, 2023 9:25 am

Ben shared a post about this the other day on the SA page, apparently sales are strong? We should see progress soon?

Fingers crossed

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[U/C] Re: Victoria Tower - 36 Grote Street | 123m | 35 levels | apartments

#126 Post by EBG » Fri Mar 31, 2023 10:36 am

Work is still proceeding, currently the site is being levelled using recycled fill so that a piling rig can then pile round the boundary so that basement levels can be excavated. I cant see why people think that this site has stalled. it will be 6 months ahead of the central market site (which has stalled).
Last edited by EBG on Sun Apr 02, 2023 3:27 pm, edited 1 time in total.

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[U/C] Re: Victoria Tower - 36 Grote Street | 123m | 35 levels | apartments

#127 Post by rev » Fri Mar 31, 2023 4:45 pm

Jaymz wrote:
Thu Mar 09, 2023 10:47 pm
VinyTapestry849 wrote:
Thu Mar 09, 2023 4:01 pm
This tower's penthouse, "Victoria Tower Penthouse" is now the most expensive property on the market in South Australia, asking $6,100,000 AUD
Close... actually not even close. The penthouse in the Market Square development was going for an asking price of $10 million. By far the most expensive in Adelaide ever.
Perhaps for apartment sales, but the most expensive dwelling I believe is a newly built mansion at Medindie, it was reported it sold for over $10 million, rumoured to be in the 12-14 mil range.

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[U/C] Re: Victoria Tower - 36 Grote Street | 123m | 35 levels | apartments

#128 Post by Norman » Wed Apr 12, 2023 3:25 pm

I could imagine construction costs are putting a lot of projects on a temporary pause for things to get back to normal. I've recently built a house, and it took 15 months to build because of shortages in materials and labour. I imagine the story is the same in the commercial sector.

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[U/C] Re: Victoria Tower - 36 Grote Street | 123m | 35 levels | apartments

#129 Post by Cryptic » Wed May 17, 2023 11:36 pm

Can anyone who has been past recently confirm whether works are still proceeding?

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[U/C] Re: Victoria Tower - 36 Grote Street | 123m | 35 levels | apartments

#130 Post by rhino » Thu May 18, 2023 7:56 am

Norman wrote:
Wed Apr 12, 2023 3:25 pm
I've recently built a house
I hope you used Jim's Building
cheers,
Rhino

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[U/C] Re: Victoria Tower - 36 Grote Street | 123m | 35 levels | apartments

#131 Post by WGG » Thu May 18, 2023 10:50 am

Cryptic wrote:
Wed May 17, 2023 11:36 pm
Can anyone who has been past recently confirm whether works are still proceeding?
Nothing happening on site. It's being used as a car park when I last walked past a couple of days ago - around 5 cars parked on the dirt. Real nice!

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[U/C] Re: Victoria Tower - 36 Grote Street | 123m | 35 levels | apartments

#132 Post by Cryptic » Thu May 18, 2023 12:47 pm

WGG wrote:
Thu May 18, 2023 10:50 am
Cryptic wrote:
Wed May 17, 2023 11:36 pm
Can anyone who has been past recently confirm whether works are still proceeding?
Nothing happening on site. It's being used as a car park when I last walked past a couple of days ago - around 5 cars parked on the dirt. Real nice!
Thanks for the update. Hope that this site wont be left dormant long term. Original post about the pause waiting for further sales said 4-5 months, so should be dormant until at least July.

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[U/C] Re: Victoria Tower - 36 Grote Street | 123m | 35 levels | apartments

#133 Post by Prodical » Sun May 21, 2023 11:07 am

Sigh...
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[U/C] Re: Victoria Tower - 36 Grote Street | 123m | 35 levels | apartments

#134 Post by Patrick_27 » Sun May 21, 2023 8:51 pm

No doubt, the owners will seal the site and use it as car parking throughout the Central Market Arcade development, nice little cash cow for three years…

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[U/C] Re: Victoria Tower - 36 Grote Street | 123m | 35 levels | apartments

#135 Post by A-Town » Tue Jun 06, 2023 2:18 pm

There were works going on today, with a couple of trucks on site too.

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