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Savvy Investors Snap Up Slice Of History In Heart of Olympics Regeneration


            - Former Royal Military Academy on Woolwich Common Opens Marketing Suite to Visitors

London, February 2009 – Hamptons International, one of the UK's premier residential agents, and a subsidiary of Emaar properties, is delighted to announce the marketing suite at 'The Academy' in Woolwich is now open to visitors.

The Academy, formerly the Royal Military Academy, is a well-known local landmark and consists of a historic collection of apartments and houses situated on Woolwich common, currently being restored and converted by Durkan Estates.

The Royal Military Academy was established by King George 11 in 1741 with the aim of producing 'good officers of artillery and perfect engineers' and the imposing buildings on the Common were designed to serve as a new campus for elite tutors and their pupils.

This is one of the most exciting new developments in central London and consists of a self-contained village of new and converted studio, one, two, three, four and five bedroom homes including apartments, duplexes, penthouses, townhouses and unique Gatehouses, comprising a total of 328 houses and apartments. The brick and stone main buildings, chapel and lodges have features including grand entrances, porticoes, cathedral and casement windows, ornate pediments and feature turrets and chimneys.

Nick Vaughan, Director, Hamptons International, notes, "The Academy is a truly magnificent landmark with remarkable architecture and distinguished history set in stunning surroundings and has already attracted a high level of interest."

Situated close to the River Thames, and with easy access to Greenwich, Blackheath and the City of London, The Academy is also extremely well placed to benefit from the 2012 Olympics, especially now that the DLR extension at Woolwich Arsenal is open, providing greater access to other areas of the Capital.

Nick Vaughan, Director, Hamptons International, continues, "The scale of development for the Olympics in 2012 promises extremely exciting times ahead – with the new DLR station making The Academy even more accessible for residents. For the investor looking to capitalise in the longer term, The Academy at Woolwich is the perfect choice, providing excellent value in the current property climate."

FOR MORE INFORMATION OR TO VISIT THE MARKETING SUITE PLEASE CONTACT HAMPTONS INTERNATIONAL - 020 7758 8476

Photography is available on request or to speak to the press office please contact:
Lucy Gaynor, PR Manager,
gaynorl@hamptons-int.com,
0207 589 9775

About Durkan Group

Durkan is a group of companies offering construction, development and regeneration for commercial property developments in south east England and Ireland.

We are a commercial developer and major contractor for large construction design and build projects, major refurbishment works, internal fit-outs and building conservation, work in both public and private sectors.

We cross-subsidise schemes, undertake joint ventures and have significant investment and rentals portfolios.


 

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