TRANSIT TREND GROWING
Park Central One has just launched to the market, as the first residential tower in the $1 billion masterplanned Park Central development in Woolloongabba.
The transit-oriented development is part of a fast-growing trend in creating vibrant, liveable and sustainable communities through the creation of compact, walkable, pedestrianoriented, mixed-use communities centred around train systems. The 18-level One tower will encompass 168 one and two-bedroom residences with a private rooftop garden terrace with pool, deck and gym, and ground floor retail.
Developed by Singapore-based Wee Hur Holdings Ltd, the residential tower was designed by Woods Bagot, and Tomkins have recently been appointed as the builders, with construction expected to start later this year.
Colliers International residential project manager Rachel Huston, who is marketing the project, said it was designed for residents who wanted a convenient and active lifestyle, being only seven minutes from the CBD.
“Being part of a transit-oriented development, Park Central One will be a hub of activity, offering residents direct connection to Buranda busway and rail stations, as well as dedicated bikeways linking to the South East Freeway and the Norman Creek Bikeway and Greenway,” Ms Huston said.
Brisbane City Council has recently handed down its business case for a $944 million high frequency Brisbane Metro service, which Park Central will directly be able to access.
The Metro, which will pass through the Buranda busway station, will reduce travel time and improve services into the CBD.
Park Central One apartments have designer kitchens, reconstituted stone island benchtops and stainless-steel Bosch appliances, with onebedroom apartments averaging 60sq m selling from $350,000 to $425,000, and twobedroom apartments averaging 90sq m with prices from $485,000 to $690,000.
“Full-height glazing and spacious balconies maximise both space and views, with Brisbane CBD views seen from one side of the building and extensive green views of Hanlon Park and Thompson Estate Reserve on the other side,” Ms Huston said.
The future stages at Park Central will include more residential apartments and student accommodation, all positioned around a 4300sq m ‘sky park’ and 16,000sq m retail precinct anchored by a supermarket, specialty stores and dining.
The sky park is expected to be a private recreation space with a club lounge, outdoor dining and entertaining areas, 350sq m lap and lagoon pool with infinity edge and waterfall, a jogging track, outdoor gym equipment, table tennis, bocce, yoga lawn, grassed kickabout area, outdoor cinema and fenced off-leash dog park.
The first residential tower in Park Central, Woolloongabba, is to be released this month. The transitoriented development offers direct connection to bus and train services, and is only seven minutes from Brisbane’s CBD.