With two major mixed developments in Milton now underway and due for completion in mid 2015 and the timetable for the new Milton City Cat terminal due for completion in 2014, the area is on its way up! “The Milton’s” thirty-storey, $210 million development featuring 298 apartments and the “Westmark’s” 277 apartments both with a mixture of one and two bedroom units will change the skyscape over the riverside suburb.
Further redevelopment of parklands and the Milton Train Station will certainly make Milton a more attractive option for investors and owner-occupiers alike. Milton real estate agents are pretty lucky too, with the great transport links , great shopping with boutique shops and already busy Park Road restaurants and coffee shops making this an easy location to promote!
The redevelopments, which has been seen to herald the area’s renaissance, is possibly long overdue and is essentially the last inner-city suburb that has not undergone any form of major transformation.
With a significant light industrial area still in operation there is clearly scope for further residential development. The new Milton CityCat terminal will be built alongside Coronation Drive, where it meets Park Road, near Cook Terraces and will expected to see a touch of French or Italian culture at the new $5 million terminal projected to be complete by mid 2014. Exciting times for Milton!