HAVEN CLOSE TO CITY
The second development in Newmarket in four years has been launched to market on the back of the success of Eve on Erneton.
Your Style Group managing director Dean Parker said Eve on Erneton had shown that Newmarket represented better value at almost the same distance from the CBD as nearby popular suburbs Windsor and Wilston.
Garden Terraces has just launched 500m down the road from Eve on Erneton, with 26 one, two and three-bedroom residences designed to mimic a typical Queenslander in the filtering of light, breeze and privacy through multiple layered skins.
Mr Parker said Newmarket had always been a desirable suburb for buyers because of its proximity to the city and relative affordability, compared to suburbs like Wilston and Windsor.
“Development sites in the area have always been scarce and approvals difficult to achieve,” he said. Ensuring the developments were sympathetic to the surrounding environment was important to achieving approval, and ultimately in driving demand.
“The Newmarket market is a little bit different to the inner city market,” Mr Parker said. “Buyers aren’t interested in living in a highrise and prefer lower density product than the inner city and city projects currently on offer.
“We deliberately went with a range of larger two and three bedroom apartments to cater for this market.” Mr Parker said buyers wanted space and luxury, and getting the balance right through architecture and design was the key to the success of the project at Eve on Erneton.
“Newmarket as a suburb has evolved rapidly over the past 10 years and developed its own unique feel and style,” he said. “Residents love the idea of being only a few kilometres from the city but also having their local gathering places like Newmarket Village and an abundance of parks.” Garden Terraces has a central open air atrium with shared walkways, greenery and communal areas designed to foster wellbeing and social exchange.
Garden Terraces in Newmarket offers lower density living close to the city as well as parks and local gathering places such as Newmarket Village.