I recently had a look at sales in the Fresh Apartment building on boundary where Taringa mets Toowong, at 20 Campbell Street. This building had its carpark flooded in the 2011 floods, but no apartments had water in. The two magnificent pools were not flooded either. It was developed by Vecchio, who is currently developing Rive Apartments (see post above.)
Apt 20:. This apartment is 2 bedrooms, 2 bathrooms, 120 sqm (85 internal, 35 balcony). In March 2007, it was advertised off-the-plan for $459,000. The next year, it was still for sale off-the-plan for $504,000. It was sold by the developer in May 2008 for $566,000 (probably this was above market price). The first owner then resold it in November 2009 for $537,000.
Apt 23: This is a 3 bedroom, 2 bathroom apartment, with a North East Aspect over the pool. It is 148 sqm in total. It was sold off-the-plan for $669,000 in July 2007. It resold in September 2011 for $569,000.
Apt 54: This is a 3 bedroom, 2 bathroom penthouse apartment. It is 117 sqm internal plus a large 84 sqm balcony.. It sold off-the-plan in April 2007 for $807,000. It resold in August 2011 for $600,000.
So take care when buying off the plan or from a developer.
Apt 23: This is a 3 bedroom, 2 bathroom apartment, with a North East Aspect over the pool. It is 148 sqm in total. It was sold off-the-plan for $669,000 in July 2007. It resold in September 2011 for $569,000.
Apt 54: This is a 3 bedroom, 2 bathroom penthouse apartment. It is 117 sqm internal plus a large 84 sqm balcony.. It sold off-the-plan in April 2007 for $807,000. It resold in August 2011 for $600,000.
So take care when buying off the plan or from a developer.
No comments:
Post a Comment