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The Residence – AUG 2017

On behalf of the developer we bring you updates as at Aug 2017 from the construction site of The Residence in Manchester, UK.

In the previous update, the developer had informed that there has been some initial delay in the construction of The Residence due to sequencing issues with an adjacent construction site. Click here to access the report: http://www.csiprop.com/construction-update-the-residence-manchester/ However, piling work is due to commence and the substructure is targeted to be ready by April 2018.

Flashback: About The Residence

The Residence is only a few minutes’ walk from Manchester City Centre. It sits at the doorstep of Spinningfields (The Canary wharf of the North), Manchester’s main shopping and commercial district and Deansgate, the financial district of the city. The Residence occupies a prominent position within the stunning new £400 million Greengate Masterplan Project and, upon completion, will be one of the tallest residential buildings in the city, making it highly desirable for tenants. The regeneration of Greengate is expected to unlock £400 million of investment over the next 15 years.

CSI Properties (Cornerstone International) proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and purpose-built student property in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc); Australia (Melbourne, Perth, Brisbane) and Thailand (Bangkok). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence. 

Disclaimer: CSI Properties (Cornerstone International) does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our projects! Hotline: 03-2162 2260

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The Residence – JUL 2017

On behalf of the developer, we present you the latest update for The Residence development in Manchester, UK. Kindly click on the image below to flip pages, read the report and view images. This is a personal update from the director of the Elliot Group, which is the developer of the project.

Flashback: About The Residence

The Residence is only a few minutes’ walk from Manchester City Centre. It sits at the doorstep of Spinningfields (The Canary wharf of the North), Manchester’s main shopping and commercial district and Deansgate, the financial district of the city. The Residence occupies a prominent position within the stunning new £400 million Greengate Masterplan Project and, upon completion, will be one of the tallest residential buildings in the city, making it highly desirable for tenants. The regeneration of Greengate is expected to unlock £400 million of investment over the next 15 years.

DETAILS

Location
Greengate, Salford, Manchester

Total units
300 units over 33 floors

Unit Configuration
1-bedroom, 2-bedroom & 3-bedroom

Lease
250 years

Starting Price
£126,000

Financing
Available – Bank of China & HSBC

Guaranteed Yield
7% nett p.a. for 3 years

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The Residence – APR 2017

On behalf of the developer, we bring you the latest updates from the construction site of The Residence in Manchester, UK. Kindly click on the image below to enlarge and flip pages.

The appointed main contractor began work in April and as such progress is at preliminary stages. Hoarding boards have already been placed. Among the works that will take place over these two months are:

  • Explosive testing ordnance on site
  • Existing wall removal
  • Piling works for basement carpark walls
  • Plate testing and excavations, and more.

About The Residence

The Residence is only a few minutes’ walk from Manchester City Centre. It sits at the doorstep of Spinningfields (The Canary wharf of the North), Manchester’s main shopping and commercial district and Deansgate, the financial district of the city. The Residence occupies a prominent position within the stunning new £400 million Greengate Masterplan Project and, upon completion, will be one of the tallest residential buildings in the city, making it highly desirable for tenants. The regeneration of Greengate is expected to unlock £400 million of investment over the next 15 years.

PROJECT DETAILS

Location
Greengate, Salford, Manchester

Total units
300 units over 33 floors

Unit Configuration
1-bedroom, 2-bedroom & 3-bedroom

Lease
250 years

Starting Price
£126,000

Financing
Available – Bank of China & HSBC

Guaranteed Yield
7% nett p.a. for 3 years

Facilities
Concierge
Golf simulator
Restaurant
Modern gym
Car Parking