Sunday, May 26, 2013
Vida West End
This new development is being marketed as Vida. It consists of two towers of about 10 floors each, with about 150 apartments. Some apartments will look West across the river. About half the apartments will look East towards West End.
The Courier Mail says that for the apartments on the riverside, 1 bedrooms will be from $460,000; 2 bedrooms from $660,000; and three bedrooms from $1.2 million. It will be interesting to see how expensive the apartments on the higher floors will be.
Compare a recent listing in Left Bank next door -- two bedrooms on a lower floor with river views for $599,000.
Monday, January 24, 2011
Flood Update
Monday, October 20, 2008
Ray White Sunday Auction Results
- Felix: 342/26 Felix St, 2 bed, 2 bath, sold for $495,000.
- Festival Towers, 1901/108 Albert St, passed in $450,000
- Festival Towers, 3508/108 Albert St sold prior to auction, reported at $555,000 or $445,000??
- Charlotte Towers, 1502/128 Charlotte St, 2 bed 2 bath, passed in on vendor’s bid of $420,000
- River Place River Terrace House: 1/82 Boundary St was passed in at $1.35 million, now listed at $1.5M
- Skyline, 12/30 Macrossan St, three bedroom unit passed in at $900,000, now listed at $1,240,000
- Aurora Tower Penthouse: 651 and 656/420 Queen St passed in at $2.4 million, now listed at $2.6M
- Soho, 416/8 Cordelia St, 1 bed, South Brisbane was passed in at $280,000
- SoHo, 615/8 Cordelia St was passed in for $465,000, looking for offers above $500,000
- SoHo, 108/8 Cordelia St passed in at $505,000
- Euro, 1308-2-6 Manning St, South Brisbane, 2 bed 2 bath, passed in at $400,000
- Trilogy, 336/51 Hope Street, Spring Hill, 2 bed, 2 bath passed in at $540,000, sold after for $550,000 (vendor was off the plan owner who had paid $595,000)
- Stradbroke Tower, 74/2 Goodwin St, Kangaroo Point passed in at $875,000
- 1/24 Brisbane Street, St Lucia, sold for $414,000
- 6/211 Baroona Rd Paddington, 2 bed, 1 bath, sold for $431,000
- LeftBank, 64/35 Buchanan St, West End, passed in at $1.15 million
"Hundreds turned out to the convention centre on Sunday to see 80 properties offered for sale as part of the Ray White Property Auction Spectacular. There was a wide range of units and houses was on offer but properties sold under the hammer for prices well below what would have been expected six months ago.
Chief auctioneer Philip Parker said he pleased with the lacklustre clearance rate of almost 30 percent but said those who sold at auction realised they were not going to get what they thought their property was worth before the economic downturn. He said while no-one was happy with the current economic climate, sellers realised if they wanted to move a property they had to meet the market.
``Out of those that sold today, only one buyer didn’t go down on their original (minimum) price,’’ Mr Parker said.
He said the vendors who didn’t budge, didn’t get a sale. Negotiations are continuing on several properties offered for sale." http://blogs.news.com.au/couriermail/publicproperty/index.php
Wednesday, October 15, 2008
West End Unit Owners are Concerned
"WEST END: Riverside apartment dwellers are banding together in a bid to give their direction on the future shape of the community. More than 30 residents from the Flow, Koko, Leftbank and Tempo complexes have met to discuss the need to build a sense of community in the area. Regatta Apartments body corporate chairman Paul Rees said they hoped to build a liveable community, not only for apartment dwellers but the whole of West End.
“We’re planning a series of regular events to build community in our area and the first event will be a breakfast in Riverside Park on Sunday, December 7 at 9am,” Mr Rees said.
He said they invited local, state and federal representatives as well as community groups and property developers to attend the breakfast to hear their ideas. Among residents’ concerns are building heights, closing Riverside Drive to public traffic and fast-tracking plans for a CityCat terminal. And Mr Rees said residents felt they were not consulted about increasing building heights.
“We are appalled at the suggestions of 15, 20 and 30-storey highrises being built here,” he said.
“We moved into this area believing the height limit would be seven storeys and we don’t want to see our area turned into a concrete jungle,” Mr Rees said.
He said a CityCat terminal and a reliable bus service on Montague Rd were important to give residents adequate public transport. Mr Rees said they supported redevelopment of the old riverside industrial areas as long as it was on a “human scale” and integrated with the established community of West End, “rather than creating a concrete barrier between West End and the river”."
See City South NewsSaturday, September 22, 2007
Pradella's New West End Development
It does not have a name, but it does have a website.
Pradella will have developed three West End riverside complexes:
- Flow (to be completed in 2007) which looked extremely overpriced, but now just looks expensive; some apartments will be excellent (riverside on high floor) and some are not great
- New and unnamed
- LeftBank which is still looking very good
And there is Riverpoint, currently selling off-the-plan, which looks very mixed.
I suspect there will be more to come.