Buy­ing win­dow be­gins To close up

The Courier-Mail - Home - - DEVELOPMENTS -

AS MIR­VAC’S Ten­nyson Reach com­mu­nity nears a sell-out, one fam­ily has snapped up two apart­ments, leav­ing just 17 avail­able to pur­chase.

With $10 mil­lion in apart­ments sell­ing at Ten­nyson Reach this year alone, it’s the last chance for pur­chasers to se­cure a riverview apart­ment in one of Mir­vac’s most pop­u­lar de­vel­op­ments.

All two-bed­room apart­ments have al­ready sold and in­ter­est now fo­cuses on three-bed­room res­i­dences, which are priced from $765,000.

Real es­tate agent Peter Tewks­bury bought one of th­ese three-bed­room apart­ments af­ter his son moved to Ten­nyson Reach at the end of last year.

‘‘I was at­tracted by its unique­ness," Mr Tewks­bury said.

‘‘Ten­nyson Reach has views of Ken Fletcher Park, Bris­bane River, Indooroopilly golf course and the Queens­land Ten­nis Cen­tre, pro­vid­ing open vis­tas to the fea­tures be­yond the site and a sense of spa­cious­ness."

Mr Tewks­bury, who owns Tewks­bury Com­mer­cial, dis­cov­ered the Ten­nyson Reach com­mu­nity af­ter son Robert pur­chased his first home there in De­cem­ber 2012.

‘‘He was jeal­ous I think,’’ Robert said of his fa­ther’s pur­chase.

‘‘He’s been get­ting weary of the main­te­nance re­quired on our large fam­ily home in Chapel Hill and was at­tracted to the low-main­te­nance liv­ing of­fered at Ten­nyson Reach.’’

Mir­vac national chief ex­ec­u­tive res­i­den­tial de­vel­op­ment John Carfi said Mr Tewks­bury was typ­i­cal of the pur­chasers they were see­ing at Ten­nyson Reach.

‘‘Our buy­ers have pre­dom­i­nantly been owner-oc­cu­piers, look­ing to down­size to an apart­ment, with most mov­ing from nearby south-west Bris­bane sub­urbs be­cause they like the area but want to move into some­thing with less main­te­nance,’’ he said.

Just 14 apart­ments re­main in the Far­ring­ford build­ing and three in Soft­stone, each fea­tur­ing three bed­rooms and priced from $765,000.

Just one, three-bed­room with two liv­ing spa­ces apart­ment re­mains in Far­ring­ford, fac­ing the Ken Fletcher park­land, and priced at $995,000.

Each apart­ment fea­tures Miele ap­pli­ances, stone bench­tops and large open-plan liv­ing ar­eas that flow on to bal­conies, while res­i­dents have ac­cess to ameni­ties in­clud­ing the recre­ation cen­tre and gym, a 16m lap pool and recre­ation pool, and Buzz Bistro.

The park­land in­cludes an out­door am­phithe­atre, chil­dren’s play­ground, pic­nic shel­ters, walk­ing and cycling paths and a pub­lic pon­toon in the river. Queens­land Ten­nis Cen­tre is nearby.

Duo: Robert and Peter Tewks­bury at Ten­nyson Reach.

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