WORK STARTS ON LUXURY PROJECT
WITH 150 apartments already sold, Brisbane’s luxury Belise development has entered the construction phase, with completion scheduled for late 2015.
With all the hallmarks of a five-star hotel, Belise will boast panoramic city views, a fullyequipped fitness centre with outdoor pool and sundeck, a rooftop sunset lounge, ground floor cafe and bar, and outdoor dining area.
The Belise building will also set a new standard in energy efficiency, with its impressive 7.5-star energy rating.
Brisbane Lord Mayor Graham Quirk turned the first sod at a special ceremony, which followed a busy sales period for the $120 million Bowen Hills development, a Group Kildey and Reed Property Group development partnership. It sold 37 apartments between July and September this year.
Group Kildey managing director Graham Kildey said it was all systems go at the Belise site, on the corner of St Paul’s Tce and Brookes St, with initial earthworks kicking off the projected two-year building period.
Belise is a 228-apartment, 21-storey residential tower at the heart of Brisbane’s newest urban renewal precinct, the RNA Showground redevelopment, which borders the Brisbane CBD.
“All the planning, preparation and sheer hard work behind the scenes has paid off, and we have entered the final phase of this luxury landmark project,” Mr Kildey said.
“Prospective buyers still have a wealth of choice, with some one-bedroom plus study apartments priced from $369,000 still available, and some two-bedroom, twobathroom apartments priced from $474,000,” he said.
Michael Wilkins, managing director of Acuity Property Solutions, marketing agents for Belise, said demand was high for the remaining apartments with intense interest from both local and international purchasers.
“Interstate investment buyers are also attracted by the value that Belise represents,” he said. “For example, a onebedroom apartment plus study at Belise starts from $369,000, while an equivalent apartment in Sydney would start from more than $500,000.”
Belise apartments feature two-pack cabinetry, fully integrated appliances, stone benchtops, luxury floor-toceiling tiles in bathrooms, and designer tapware. All apartments will be pre-wired for connection to state-of-theart internet facilities via the National Broadband Network.
ALL SYSTEMS GO: Brisbane Lord Mayor Graham Quirk turns the sod at the construction launch of Belise with developers Ken Reed (centre) from Reed Property Group and Graham Kildey from Group Kildey.