Native Land’s Burlington Gate and Holland Park Villas have seen more than £450m worth of apartment sales over the last twelve months. A total number of 69 units have been pre-sold in both developments to a range of UK and international buyers, achieving an average value of over £4,000 per sqft.
Alasdair Nicholls, Chief Executive of Native Land, said: “To be able to achieve this pre-sale figure in the current market demonstrates that there is a strong demand for good design and high quality, well located apartments that have been finished to an excellent standard.”
Designed by John McAslan + Partners, Holland Park Villas is an 180,000 sqft scheme comprising 72 private residential apartments set amongst extensive landscaped gardens. The combination of the new contemporary buildings and gardens finished in high quality natural materials will create a landmark development for this outstanding location in The Royal Borough of Kensington and Chelsea. A significant number of buyers already live in the neighbourhood.
Offering views of Mayfair and beyond, Burlington Gate provides a selection of galleries and 42 top quality apartments. Located in the heart of Mayfair, close to the Royal Academy of Arts and Burlington Arcade the new development, designed by Rogers Stirk Harbour + Partners will enhance the experience of London’s most established art gallery district by adding a new public realm in the form of an arcade that runs from Old Burlington Street to Cork Street.
Buyers of both developments are predominately London based, reflecting a high level of owner occupier demand.
Holland Park Villas and Burlington Gate are due to complete in 2017, and the agents involved are Savills and Strutt and Parker for Burlington Gate and Knight Frank for Holland Park Villas.