Defined by prime location and contemporary lifestyle, The Riverplace Residence consists of 80 beautifully appointed apartments, which deliver a compelling opportunity for discerning buyers. Situated in the thriving area of Mengalit, this development is perfect for young executives and families who need to be near to the city centre but who also want to be close to the nature and tranquility of the river.
The Riverplace Residence aims to provide high quality apartments which deliver an excellent living experience supported by desirable communal facilities. It offers amenities such as a clubhouse, gym facilities, an outdoor barbeque area, a children’s playground and a swimming pool.
For an additional BND 100,000, tenants who decide to purchase the penthouse on the 3rd floor will also secure the entire rooftop, giving them the opportunity to have a roof top spa / garden with a spectacular view of the river.
Apartments are reasonably priced starting from BND 328,000 and all units come with the kitchen and lighting fitted. According to the developer, the selling price is currently valued below the bank’s valuation and is expected to increase after phase one of the prelaunch booking (Bank’s valuation Standard unit: BND 342,000 and Penthouse: BND 441,000 respectively). This development is expected to be completed by 2017.
The Riverplace Residence apartments come with a 99 year Strata Title which means that all Yellow, Red and Green I/C holders are entitled to purchase.
This location truly has it all – with easy access to the CBD and a short stroll to the riverside. This truly is an exceptional opportunity.