All remains on-track for luxury high-rise living to commence in Dubbo late next year.
The No.1 Church St development is a mix of one, two, three and four-bedroom units set to bring the comforts of big-city living to Dubbo.
The co-developers of No.1 Church St include Gerry Harvey, co-founder of Harvey Norman and well-known Dubbo businessmen John Walkom and Kevin Walkom from Walkom Bros.
No.1 Church St will be “the new aspirational landmark of Dubbo” according to its website.
John Walkom said construction is on schedule for completion during the fourth quarter of 2025.
The No.1 Church St Facebook Page also noted pouring of the blinder layer and raft slab for the footings has been completed recently.
“It’s been a journey that has had its challenges, including COVID-19,” John Walkom said.
“Our market research confirmed that there is a demand for this type of living in Dubbo. It is an opportunity to bring metropolitan living to regional New South Wales.
“People can live in the heart of the CBD and with the unique convenience of services near their doorstep.”
He added such is the interest in living at No.1 Church St that 70 per cent of units have already been sold.
The 15-level site will feature commercial retail sites on one floor, two levels for car parking with a minimum 102 spaces and 12 residential levels with 80 units.
With around 56 of those units sold, Bob Berry Real Estate will co-ordinate the selling of the final units on offer when they are put on the market again.
The remaining 30 per cent of units are currently not for sale.
However, potential owners can register their interest via the website.
Jane Donald, a director at Bob Berry Real Estate, said properties sold swiftly once they were placed on the market just before the August 2021 COVID-19 lockdown.
A key to this was the marketing suite at 99 Macquarie St where potential owners could get a virtual taste of what they could own.
“That was a great idea,” she said. “There was an instant take-up (when units were listed for sale in 2021).”
Donald also noted uniqueness and space are two key selling ingredients for potential owners.
Purchasers and interested buyers have come from the Dubbo community and also further west with some people looking for a retirement option.
Bob Berry Real Estate is acting on behalf of the co-owners and the local real estate business believes this fresh concept will ensure the final units sell fast when they become available.
“Nothing else like this can be purchased in Dubbo,” Jane Donald said.
“You can walk to the shops, walk to the pool. You have views of the river. The units are also spacious.”
Another potential benefit is increased trade for CBD businesses.
“You look at Dubbo, and not many people live in the CBD,” Donald said.
“Potentially now 200 to 300 people will be calling the CBD home and that can only increase business, especially when many of the residents will have disposable income to use. It’s good for the city.”
Businesses can also register their interest to occupy one of three prime retail spaces at the No.1 Church St website.
The building is set to feature high-level attention-to-detail.
No. 1 Church Street will be fitted with property-wide Wi-Fi connection.
The entire building, from the podium level upward, will also be positioned above the one-in-100-year flood height.
