BLUE-CHIP SALES BLITZ
An off-the-plan sales blitz has seen a West End luxury project sell all but one terrace home before the first shovel hit the dirt.
Manhattan Terraces, being developed by Urban Construct, has seen 79 of 80 lots sell off-the-plan, with the first residents set to move into stage one next month and full completion expected in August.
Urban Construct managing director Todd Brown said the project was proof the Brisbane market was still strong, and that quality and unique products would sell well.
“To have succeeded with a luxury offering so close to the CBD proves beyond a doubt that Brisbane is the smartest city to invest in and that the market responds to quality aimed at the owner-occupier,” Mr Brown said.
“With Manhattan Terraces we sought to deliver our buyers a lifestyle, and as the only terrace homes of this scale within 7km of the CBD, I believe we achieved this. This project is completely unique – architecturally designed, with each home on its own title.”
The Walker family, who are West End residents of six years, are looking forward to their move into stage two in July, and from their current home into a new threebedroom, two-bathroom terrace home.
Parents Kevin and Alison and their children Lily and Clare said they loved the different levels of the terraces, as it would give them more space for their family, without having to maintain a house. “Manhattan Terraces is different to anything else we’ve seen in the area; that’s what attracted us,” Mr Walker said.
As an outdoor-orientated family they said they wanted to spend their weekends enjoying the local attractions instead of mowing the lawn and looking after a home. “We love the convenience of the
Manhattan Terraces location and, having two young children, we can easily access everything we need to,” Mr Walker said.
The Empire, with an asking price of $1.795 million, is the only home remaining, with four bedrooms on 331sq m.
Mr Brown said the $80 million development had community fees of only $25 a week, including building insurance, which is very affordable.
Three Brisbane firms with extensive West End experience – Marc & Co, TVS Architects and Jeremy Ferrier Landscape Architect – collaborated on the design of the terraces.
Mr Brown said Urban Construct strategically under-utilised the high density-zoned site to create a unique lifestyle community featuring private courtyards, pocket parks and rooftop retreats for many terrace homes.
The terrace homes provide full-floor living and a double lock-up garage, while all bedrooms have ensuites and three-bedroom terraces have their own private rooftop. “The site was zoned for eight storeys, but we read the market and, in doing so, created a product befitting this blue-chip site,” he said.
Looking forward to enjoying the convenient location of Manhattan Terraces in West End are Kevin and Alison Walker and their daughters Lily (left) and Clare.