Saturday, March 3, 2018
New or resale apartment?
Before buying a new off the plan apartment, look at what is available today for resale. For example, this apartment in Admiralty Towers Two, on a high floor, is listed for sale at $749,000. This is in a good location on Queen Street, near the Marriott Hotel and the Howard Smith Wharf development. It is direct river front, has excellent views, deducted air-conditioning (not a split system) and is 116 sqm (much larger than most new two bedrooms.) Currently, it achieves $670 a week rent.
Monday, October 27, 2014
Admiralty Towers 2 sales
Reported sales since January 2014, with most recent sales listed first.
Apt 166, about level 29, 3 bedrooms, $979,900
Apt 58, 2 bedrooms, 2 bathrooms (116 sqm) - $785,000
Apt 19, 2 bedrooms, 2 bathrooms (116 sqm) - $770,000
Apt 115, 2 bedrooms, 2 bathrooms (116 sqm) - $755,000
Apt 127, 2 bedrooms, 2 bathrooms (116 sqm) - $750,000
The average price so far this year for the larger two bedroom apartment in this building is $765,000, or $6,594 a sqm. If you are buying off the plan, you may wish to measure against this sqm price for comparison.
Thursday, October 9, 2014
Spire at 550 Queen Street
Previously, an office building was planned for the site. See SMH.
Saturday, February 8, 2014
550 Queen Street Potential Tower
This proposed development will have a negative impact on Willahra Tower, at 540 Queen Street. Willahra Tower is an apartment building that has short term rentals. (Bad reviews on TripAdvisor.) Small apartments, with a two bedroom less than 75sqm internal. Apartments are advertised as "cheap", and there is a reason for this. My advice -- avoid!
Wednesday, January 1, 2014
Recent Sales in Brisbane's Admiralty Precinct
Admiralty Towers One (35 Howard Street)
- Apt 93, 2 bedrooms, 2 bathrooms, 2 car parks - sold in September for $880,000
- Apt 58, 2 bedrooms, 2 bathrooms, 1 car park - sold in September for $900,000
- Apt 108, 3 bedrooms - sold in September for $938,000
- Apt 132, 2 bedrooms - sold in August for $760,000
- Apt 26, 2 bedrooms - sold in July for $662,000
- Apt 100, 2 bedroom 2 bathroom - sold in October for $800,000
- Apt 12, 1 bedroom - sold in August for $590,000
- Apt 125, 1 bedroom, 1 car - sold in December for $347,000
- Apt 13, 3 bedroom - sold in October for $1,131,000
- Apt 172 - 2 bedrooms - sold in July for $590,000
- Apt 215, 1 bedroom - sold in December for $510,000
- Apt 140, 1 bedroom - sold in November for $435,000
- Apt 316, 2 bedrooms - sold in October for $750,000
- Apt 54, 2 bedrooms - sold in October for $647,000
- Apt 146, 1 bedroom - sold in September for $370,000
Wednesday, August 17, 2011
480 Queen St
Saturday, November 10, 2007
Trilogy Tower
The pre-sales website has been launched for Trilogy Tower, on Queen Street. See http://www.trilogytower.com.au/
The developer, APH, is selling the whole building. There have been full page advertisements in the Financial Review.
Although not yet started, this building will be 70 floors high, located next door to Aurora.
"Trilogy Tower is situated on Queen Street, Brisbane's main street, and is destined to be the city's most famous landmark in the decades to come.
Due for completion in 2011, it will dominate the city and the waterfront from its position at the gateway to the CBD's highly prized 'Golden Triangle', the preferred location for Brisbane's leading corporate tenants.
Trilogy Tower is also conveniently sited within strolling distance of Brisbane's main shopping precinct, the majority of Brisbane's fine dining restaurants and many upmarket stores and lifestyle boutiques."
The building will include apartments:
"109 single and double storey prestige residential apartments
- Occupation late 2011
- World-class interior designs
- Residents will have access to premium services (TBA)
- Access to Residents private recreation deck including pool and spa on level 53
- Dedicated high-speed lifts for residents use only
- Secured basement carparks
- Secured basement storage facilities"
And a hotel:
- Five-star All Suite Hotel to commence operation in late 2011
- Managed by Five-star hotel operator
- 192 one and two bedroom hotel apartments
- Dedicated Porte Cochere and Reception via Adelaide Street
- Business Centre
- Functions Centre
- 25m heated pool
- Fitness Centre
- Stunning views of the Brisbane River and Story Bridge from all levels
- Secured basement carpark
- High speed lifts dedicated for hotel guests only
- Five-star furniture packages available
- One and Two bedroom Five-star Hotel Apartments available for investment from only AUD $450,000"