Tuesday, September 8, 2009

Indooroopilly El Dorado Update

El Dorado Indooroopilly redevelopment, which is running a year behind schedule. Prices have risen dramatically! It seems that about nine contracts have crashed since this time last year, as in Sept 2008, the price list showed that there were 25 or 28 apartments remaining for sale. Now:

"Apartments are now selling off the plan with the development due to start in 2010 and the expected completion date is early 2013.

34 apartments are still available as per the attached list and an initial deposit of $5,000 is payable at the time of signing an EXPRESSION OF INTEREST. Body Corp Fees range from $79.41 to $100.90 per week depending on whether you are buying a 1, 2 or 3 bedroom apartment.

More information along with floor plans is now available on the websites below.


Three bedroom apartments, were $805,000, now listed for $925,000
Large two bedroom apartment, was $595,000, now listed at $780,000
Small two bedroom apartment, was $585,000, now listed at $705,000
One bedroom apartment, was $420,000, now $475,000

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