Small maintenance, big style
FIRST-HOMEbuyers are opting for apartment living over townhouses and detached houses, according to leading sales agent Alex Veal from Next Property Group.
Not-for-profit developer BHC has sold out of studio and one-bedroom properties across its portfolio, resulting in a spike in interest in larger apartments.
As sales agent for BHC’s $28 million Quadrant Apartments at Chermside, Mr Veal said more and more firsthome buyers were seeking properties that offered value for money and a low-maintenance lifestyle, without compromising on style.
“We have seen a trend recently of first-home buyers looking for stylish apartment lifestyles over detached or semi-detached homes,” he said.
“High-density living offers young people the opportunity to purchase new and modern homes centred in city activity hubs.
“Quadrant is located on Hamilton Rd, in the heart of Chermside – an area which has been earmarked for significant future growth – and it continues to appeal to those wanting to get in at the beginning of the area’s planned rejuvenation.”
BHC chief operating officer Samantha Evans said Chermside was an established suburb with state-ofthe-art hospitals, entertainment, shopping, infrastructure, parks, and sporting facilities, offering residents access to a range of amenities.
“The StateGovernment’s southeast Queensland regional plan has identified Chermside as a Principle Regional Activity Centre, which is set for further transformation and growth,” she said.
“With the StateGovernment’s $15,000 Great Start Grant available, as well as stamp duty savings for firsthome buyers, there’s never been a better time to enter the market.”
Quadrant Apartments features 84 one and two-bedroom apartments, priced from$399,000, across eight levels, along with a second-floor garden and recreation area and a ground-level retail space.
The development is within walking distance of Westfield Shopping Centre and 150m from public transport, connecting residents to theCBD.
Designed by Mode Architects, Quadrant offers open-plan living from 52sq mto 87sq mand features reverse cycle airconditioning, European kitchen appliances and walk-in robes.
The development also has five of the six sustainability benchmarks under the EnviroDevelopment accreditation, a national initiative of theUrban Development Institute ofAustralia.