$4.5m Facelift
“With Toorak Central, we are substantially upgrading a historic building in a great location to create a unique landmark in Suva,” said MsVerma.
Thursday 25 August 2022 | 13:07
A private investment group is set to open a two-level commercial building with a completed value of $4.5 million which will be opened this Saturday.
The Mount Sophia Group is ready to open its latest commercial development, Toorak Central, at the corner of Amy and High streets in Toorak, Suva.
Mount Sophia Group business development director, Julianne Verma, said Toorak was a busy and vibrant inner-city precinct.
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“With Toorak Central, we are substantially upgrading a historic building in a great location to create a unique landmark in Suva,” said Ms Verma.
“The ambiance and tenant mix will be akin to a stylish inner-city neighbourhood in Sydney, Melbourne or Auckland.”
“As Toorak Central is strategically located, we expect it to be a catalyst for further gentrification of Toorak, making it the precinct it deserves to be."
It is an effort to bring to Suva, and Fiji, new dining concepts, boutique retail, and stylish, conveniently located accommodation options.
A lofty corner bar is already gathering much attention for its spectacular chic display. The project spanned 18 months of work from January 2021.
“While the COVID-19 pandemic has created challenges locally and globally, we decided to proceed with the development, to take advantage of various incentives introduced by the Government of Fiji, to boost economic activity.”
“Not only are we expanding, but we have created 50 jobs opportunities for locals to benefit from the project. We are aiming to have more than that.”
Toorak Central will have various retail and office spaces on the ground floor and the first floor will offer studio and bedroom apartments.
The original building was constructed circa 1950s, with current refurbishments incorporating and enhancing elements of the unique features of the original building.
A dash of industrial chic will also be added to the property, to pay homage to the historic industrial nature of commerce, in the Toorak area.
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