Lo­cal down­siz­ers and first-home buy­ers are tap­ping into luxury de­vel­op­ment Bris­bane 1 in South Bris­bane, with con­struc­tion on the first of three tow­ers un­der way.

De­vel­oper R& F Prop­erty Aus­tralia is re­port­ing 90 per cent of sales to buy­ers in the greater Bris­bane re­gion, mainly down­siz­ers and first home­buy­ers.

R& F Prop­erty Aus­tralia vice president Thomas Chiu wel­comed the start of con­struc­tion, with ex­pected com­ple­tion in mid2019.

“The project site of Bris­bane 1 on Cordelia St yields a lot of prom­ise for R& F, for buy­ers and for the South Bris­bane com­mu­nity,” Mr Chiu said.

“Our vi­sion is to shape the fu­ture of ur­ban­i­sa­tion for a grow­ing pop­u­la­tion, en­sur­ing that it is sus­tain­able, at­trac­tive and eco-friendly – Bris­bane 1 is the re­al­i­sa­tion of this vi­sion.”

Tower two will be com­pleted later in 2019 and tower three is slated for com­ple­tion in early 2020.

The three tow­ers will be the tallest in South Bris­bane, dom­i­nat­ing the south­ern bank of the Bris­bane River and its sky­line and of­fer­ing un­in­ter­rupted views to­wards the Bris­bane River and CBD.

The first tower is 65 per cent sold, with around 250 apart­ments going in a record offthe-plan sale.

The sec­ond tower of 98 apart­ments has al­most sold out at 85 per cent in sales and third tower sales are also going well with 66 per cent sold to mainly lo­cal buy­ers.

Bris­bane 1 of­fers amaz­ing views, prime lo­ca­tion di­rectly above the South Bank cul­tural precinct and park­lands and flanked by South Bris­bane, West End and the CBD.

The re­main­ing prop­er­ties start at onebed­room apart­ments for $473,999, twobed­room for $619,905 and three-bed­room for $850,099.

De­signed by renowned architects, Bureau Proberts, the high-end res­i­dences have 2000sq m of pri­vate res­i­den­tial amenity spa­ces, one of the largest in a sin­gle res­i­den­tial com­plex in Queens­land.

Ameni­ties in­clude a la­goon-style pool and sun­deck, gym­na­sium and bar­be­cue area.

At the top of each of the three tow­ers is a stim­u­lat­ing gar­den, spa and pri­vate rooms.

The in­te­ri­ors of the apart­ments and luxury pent­houses in­clude en­gi­neered tim­ber floor­ing and stone kitchen bench­tops, with ex­pan­sive glass and neu­tral colour pal­ettes.

As buy­ers snap up the re­main­ing res­i­dences, the project’s suc­cess has en­sured fur­ther in­vest­ment in Bris­bane from global de­vel­op­ers R& F Prop­erty Aus­tralia.

“We look for­ward to strong re­la­tion­ships with new world cities, such as Bris­bane, into the fu­ture,” Mr Chiu said.

Bris­bane 1 in South Bris­bane has con­struc­tion well un­der­way with 90 per cent of sales to buy­ers in the greater Bris­bane re­gion.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.