Showing posts with label river place. Show all posts
Showing posts with label river place. Show all posts

Sunday, January 13, 2019

Brisbane Apartment Market Update

In the downtown area of Brisbane, there are a few new apartment buildings adding stock to the market.  These include:

  • Mary Lane which is on top of the newly opened Westin Hotel in Mary Street, with many apartments sitting empty (this is the replacement for 111+222 that did not go ahead)
  • 443 Queen Street, on the Brisbane River, which is currently under construction
  • Brisbane SkyTower, which is nearing completion but with the lower floors occupied prior to completion (this is the other part of the replacement for 111+222 that did not go ahead)
  • The One Residents at Brisbane Quarter (which is where the W Hotel is located), currently under construction
  • Spire Apartments on Queen St, but not riverfront, complete but with very few new apartments available for sale

For sales of existing apartments, the trends depend upon the building (quality and location).  Ray White has recently published a report of sales from October 2018 to December 2018.  It shows:

- In some buildings, there have been no sales.  These are good quality buildings, in good locations, with large apartments and fewer apartments.  The owners don't want to sell.  There are less renters and more owner occupiers.  An example is Admiralty Towers Two, at 501 Queen St on the river.

- In some buildings, there are a few sales, and there have been capital gains over the past 10 years.  For example, in this period, a large 1 bedroom in Quay West on Alice St has increased in price from about $390,000 to $525,000.  Riverplace has also done well over the past 10 years.

- In buildings which are in second rate locations, with a poor quality build, there have been no capital gains over the past ten years, and in reality, capital losses.  Buildings by Devine (and the people who did this are now at Metro) are an example.  For example, in Festival Towers, a 2 bed, 2 bath, 1 car was selling for about $500,000 ten years ago, and one sold recently for $470,000.  In Charlotte Towers, 1 bed 1 bath no car apartments have been selling consistently in the price range of $300,000 to $330,000 for the past 10 years with no capital gain.  Unilodge (which is really student accommodation) has stayed flat at the $125,000 to $130,000 range for ten years.


Tuesday, May 2, 2017

Recent Brisbane City Apartment Sales

M on Mary
Apt 1506, 1 bed, 1 bath, no car - $310,000

Charlotte Towers
Apt 4011, 1 bed, 1 bath, 1 car - $390,000
Apt 2804, 1 bed, 1 bath, no car - $311,000
Apt 3602 - 1 bed, 1 bath, 1 car - $410,000

Casino Towers
Apt 2306, 1 bed, 1 bath, no car - $310,000

Riverplace
Apt 277, 2 bed, 2 bath, 1 car - $600,000
Apt 157, 2 bed, 1 bath, 1 car - $552,000
Apt 175, 2 bed, 1 bath, 1 car - $552,500
Apt 234, 2 bed, 2 bath, 1 car - $772,000

Aurora
Apt 528, 2 bed, 2 bath, 2 car - $808,000

Admiralty Towers Two
Apt 3, 3 bed, 2 bath, 2 car - $975,000
Apt 95, 3 bed, 2 bath, 2 car - $1,350,000
Apt 100, 2 bed, 2 bath, 1 car - $730,000

Felix
Apt 216, 2 bed, 2 bath, 1 car - $520,000

Admiralty Quays
Apt 49, 3 bed, 2 bath, 2 car - $1,075,000

More the most part, these prices are similar to prices that were being achieved 7 years ago.  Riverplace has had the biggest increase in value over this period.

Thursday, January 26, 2017

Brisbane City Apartment Sales

Recent sales in November and December 2016:

Parklands
Apt 3104 - 2 bed, 1 bath, 1 car - $590,000
Apt 3036 - 3 bed, 2 bath, 1 car - $650,000

Charlotte Towers
Apt 1207 - 2 bed, 2 bath, 1 car - $460,000
Apt 1502 - 2 bed, 2 bath, 1 car - $490,000
Apt 1704 - 1 bed, 1 bath, 0 car - $322,500
Apt 602 - 2 bed, 2 bath, 1 car - $510,000

Riparian
Apt 4301 - 3 bed, 3 bath, 2 car - $2,562,000

Admiralty Towers One
Apt 135 - 2 bed, 2 bath, 1 car - $615,000
Apt 21 - 2 bed, 2 bath, 1 car - $720,000

Admiralty Towers Two
Apt 29 - 3 bed, 2 bath, 2 car - $1,059,000

Meriton Infinity
Apt 2907 - 1 bed, 1 bath, 1 car - $420,000
Apt 5006 - 2 bed, 2 bath, 1 car - $600,000
Apt 5406 - 2 bed, 2 bath, 1 car - $580,000

Riverplace
Apt 109 - 1 bed, 1 bath, 1 car - $516,800

Festival Towers
Apt 2905 - 1 bed, 1 bath, 1 car - $390,000

Aurora
Apt 248 - 2 bed, 1 bath, 1 car - $400,000

Capital gains were best for direct riverfront buildings and worst for the large apartment towers built by Devine (Charlotte Towers and Festival Towers and Aurora).  The Devine developers now run Metro.


Sunday, August 2, 2015

Recent Brisbane City Apartment Sales

Some example recent sales in Brisbane city apartment buildings.  Some buildings are tightly held and have few sales.

Quay West - 132 Alice Street
  • Apt 88, 1 bed, 1 bath, 1 car, park views - $512,000 in June 2015
  • Apt 50, 2 bed, 2 bath, 1 car - $705,000 in February 2015
Admiralty Towers 1 - 35 Howard Street
  • Apt 119, 3 bed, 2 bath, 2 cars, river front - $1,240,000 in February 2015
Admiralty Towers 2 - 501 Queen Street
  • Apt 78, 3 bed, 2 bath, 2 cars, river front - $1,100,000 in March 2015
Charlotte Towers - 128 Charlotte Street
  • Apt 3701, 1 bed, 1 bath - $368,000 in July 2015
  • Apt 2504, 1 bed, 1 bath, 1 car - $436,000 in July 2015
  • Apt 1702, 2 bed, 2 bath, 1 car - $545,000 in Juune 2015
Casino Towers - 151 George Street
  • Apt 2101, 2 bed, 2 bath, 1 car - $872,000 in July 2015
  • Apt 1506, 1 bed, 1 bath, 1 car - $334,000 in July 2015
  • Apt 2104, 1 bed, 1 bath - $384,750 in June 2015
  • Apt 1307, 2 bed, 2 bath, 1 car - $480,000 in June 2015
Riverplace - 82 Boundary Street
  • Apt 288 - 2 bed, 2 bath, 1 car - $740,000 in July 2015
  • Apt 38 - 2 bed, 2 bath, 1 car - $677,500 in June 2015
Soleil - 501 Adelaide Street
  • Apt 5501, 2 bed, 2 bath, 1 car - $695,000 in July 2015

Sunday, August 3, 2014

Recent Brisbane Apartment Sales


iStay River City - 79 Albert St

Apt 1201, 1 bed, 1 bath - sold on 27 July for $335,000

Charlotte Towers - 128 Charlotte St

Apt 2404 - 1 bed, 1 bath, no car - sold on 27 July for $340,000
Apt 1201 - 1 bed, 1 bath, no car - sold on 18 July for $365,000
Apt 4403 - 2 bed, 2 bath, 1 car - sold on 29 May for $650,000
Apt 2803 - 2 bed, 1 bath, 1 car - sold on 2 May for $495,000

Skyline - 30 Macrossan St

Apt 53 - 2 bed, 2 bath, 1 car - sold on 27 July for $603,000
Apt 193 - 2 bed, 2 bath, 1 car - sold on 2 June for $618,500
Apt 31 - sold on 16 May for $750,000

M on Mary - 70 Mary St

Apt 1205 - 1 bed, 1 bath, no car - sold on 2 July for $322,500
Apt 4302 - 5 bed, 3 bath, 3 car - sold on 31 May for $1.9M
Apt 1009  - 1 bed, 1 bath, 1 car - sold on 26 May for $365,000
Apt 506  - 1 bed, 1 bath, no car - sold on 10 May for $395,000

Festival Towers - 108 Albert St

Apt 3807 - 2 bed, 2 bath, 1 car - sold on 30 June for $516,000
Apt 1503 - 2 bed, 1 bath, 1 car - sold on 25 June for $460,000
Apt 4007 - 2 bed, 2 bath, 1 car - sold on 10 June for $541,000
Apt 704 - 1 bed, 1 bath, no car - sold on 5 June for $298,500
Apt 2610 - 1 bed, 1 bath, 1 car - sold on 3 June for $400,000
Apt 905 - 1 bed, 1 bath, no car - sold on 2 June for $319,500
Apt 2510 - 1 bed, 1 bath, no car - sold on 22 May for $350,000
Apt 2301 - 2 bed, 2 bath, 1 car - sold on 9 May for $525,000
Apt 508 - 2 bed, 2 bath, 1 car - sold on 8 May for $475,000

Felix - 26 Felix St

Apt 217 - 2 bed, 2 bath, 1 car - sold on 29 June for $580,000

Riverplace - 82 Boundary St

Apt 92 - 2 bed, 2 bath, 1 car - sold on 27 June for $645,000
Apt 147 - 2 bed, 1 bath, 1 car - sold on 23 June for $551,000
Apt 52 - 2 bed, 1 bath, 2 car - sold on 7 May for $650,000

Admiralty Towers One - 35 Howard St

Apt 44 - 2 bed, 2 bath, 1 car - sold on 8 June for $810,000
Apt 146, 2 bed, 2 bath, 1 car - sold on 12 May for $585,000

Infinity - 43 Herschel St

Apt 3807 - sold on 27 May for $400,000
Apt 4303 - 2 bed, 2 bath, 1 car - sold on 26 May for $630,000
Apt 6304 - 2 bed, 2 bath, 1 car - sold on 20 May for $640,000

212 Margaret St

Apt 82 - 2 bed, 2 bath, 1 car - sold on 26 May for $555,000

Admiralty Quays - 32 Macrossan St

Apt 137 - 3 bed, 2 bath, 2 cars - sold on 12 May for $1,100,000
Apt 34 - 2 bed, 2 bath, 1 car - sold on 2 May for $850,000

Riparian - 71 Eagle St

Apt 4302 - 1 bed, 2 bath, 2 car - sold on 8 May for $1.5M

Admiralty Towers Two - 501 Queen St

Apt 166 - 3 bed, 2 bath, 2 car sold on 28 April for $979,900

Aurora - 420 Queen St

Apt 301 - 2 bed, 2 bath, 1 car - sold on 26 April for $627,500

Quay West - 132 Alice St

Apt 103 - 1 bed, 1 bath, 1 car - sold on 24 April for $510,000

Sunday, February 2, 2014

Recent Brisbane City Apartment Sales

Based on recent apartment sales in the Brisbane CBD area (resales, not off the plan), it looks like the market is strengthening.

Skyline, 30 Macrossan Street
  • Apt 242, 2 bedrooms - reported sold at $725,000
  • Apt 73, 2 bedrooms - reported sold at $660,000
  • Apt 121, 3 bedrooms - reported sold at $715,000
  • Apt 113, 2 bedrooms - reported sold at $602,000
  • Apt 125, 1 bedroom - reported sold at $347,000
  • Apt 173, 2 bedrooms - $588,000
M on Mary, 70 Mary Street
  • Apt 2202, 1 bed plus study - no car - $362,500
Aurora, 420 Queen Street
  • Apt 245, 2 bed, 1 bath - $620,000
  • Apt 435, 2 bed, 1 bath - $556,000
Riparian, 71 Eagle Street
  • Apt 4305, 3 bedrooms - $1,850,000
Riverplace
  • Apt 215, 1 bed - $510,000
  • Apt 37, 2 bed - $690,000
Casino Towers, 151 George Street
  • Apt 2002, 2 bedrooms - $690,000

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
Admiralty Towers Two (501 Queen Street)
  • 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
Admiralty Quays (32 Macrossan Street)
  • Apt 100, 2 bedroom 2 bathroom - sold in October for $800,000
  • Apt 12, 1 bedroom - sold in August for $590,000
Skyline (30 Macrossan Street - not riverfront)
  • 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
Riverplace (82 Boundary St)
  • 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

Saturday, December 14, 2013

Brisbane Apartments

A Brisbane real estate agent who sells CBD apartments (Hannah Schuhmann) produced an interesting map that shows some of the larger apartment buildings in Brisbane city.  Those buildings were designed for residents and long term tenants.  However, most of these buildings are now mixed -- the onsite manager is running a short term rental pool, and is pretending to operate a hotel.  (Oaks is the predominate manager of the listed buildings on the map.)

It is interesting that this same real estate agent, who is selling an apartment in Metro 21 states, as a feature of Metro 21:

"No hotel-style accommodation within the building".



Saturday, November 2, 2013

Recent Brisbane City Apartment Sales

A list of some recent reported apartment sales in Brisbane CBD area, since June 2013.

Admiralty One
- Apt 93, 2 bedrooms, 2 bathrooms, direct river views, large 132 sqm - $880,000
- Apt 125, 2 bedrooms, side river views - $600,000

Admiralty Towers Two
- Apt 132 - 2 bedrooms, direct river views, 116 sqm - $760,000
- Apt 26 - 2 bedrooms, direct river views - $662,000
- Apt 124 - 2 bedrooms, direct river views - $705,000

Admiralty Quays
- Apt 104 - 3 bedrooms - $960,000

Riverplace
- Apt 146, 1 bedroom - $370,000
- Apt 82 - 2 bedrooms - $750,000
- Apt 165 - 1 bedroom - $500,000
- Apt 31 - 2 bedrooms - $650,000

Metro 21
- Apt 283, 1 bedroom on level 28, no carpark - $307,000
- Apt 301, 2 bedroom on level 30 - $553,500

Felix
- Apt 312, 2 bedrooms, 2 bathrooms - $555,000
- Apt 294, 2 bedrooms, 1 bathroom - $485,000
- Apt 324, 2 bedrooms, 1 bathroom - $475,000

Quay West - construction starting next door, and disharmony in building
- Apt 86, 2 bedrooms - $655,000
- Apt 129, 3 bedrooms - $1M

Saville South Bank - reports of two bedroom apartments selling above $900,000.

It appears that pricing is picking up.  In some instances, apartments are selling for record highs.  In other instances, prices are still below the 2007/2008 peak.  Volumes of sales in the period June to September do not appear to be high, although in recent weeks, this may have changed.  The high end sales appear to be to owner occupiers.

Saturday, September 14, 2013

I just don't understand

It seems to me that newer apartments are overpriced.  One example.
You can buy a year old apartment in Meriton's Soleil as follows:
  • 93 sqm internal
  • No balconey
  • Air conditioning not ducted
  • 2 bedrooms, 2 bathrooms
  • Facing West, so hot in the summer
  • General views of an ugly part of Brisbane
  • Large, impersonal building, used as a hotel
  • Your neighbour may be an Eastern European hooker or a football team on tour
  • Price = $629,000 (apartment 4403) - $6,763 a sqm
Or you could buy an apartment in River Place:
  • 113 sqm total
  • Massive balconey
  • Riverfront
  • 2 bedrooms, 2 bathrooms
  • Outdoor pool overlooking the river
  • Price - $659,000 (apartment 54) - $5,831 a sqm
Or you could buy an apartment in Quay West:
  • 130 sqm total
  • Two balconies
  • Ducted air-conditioning
  • About 130 apartments in building
  • Views of botanical gardens
  • 2 bedrooms, 2 bathrooms
  • Price - about $600,000 - $4,615 a sqm
It will be interesting to see what this apartment sells for in Admiralty One:
  • 130 sqm in total
  • Balconey
  • Direct riverfront
  • Ducted air-conditioning
  • 2 bedrooms, 2 bathrooms, separate laundry room
  • North Eastern view
  • About 120 apartments in the building
  • Auction -- there has not been a similar apartment sold in this building for years.
Why would you buy in Soleil?  Or in some of the currently marketed off-the-plan developments, when some of the "older" apartments are cheaper on the price per sqm basis, and in better locations?

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Sunday, July 21, 2013

Recent Apartment Sales in Downtown Brisbane

Evolution
  Apt 171, 1 bed, 1 bath, no car - $310,000
Grosvenor
  Apt 107 - $1.3M
Skyline
  Apt 61, 3 bed, 2 bath, 1 car - $715,000
  Apt 94, 3 bed, 2 bath, 1 car - $790,000
  Apt 363, 2 bed, 2 bath, 1 car - $587,500
Charlotte Towers
  Apt 3206, 1 bed, 1 bath, no car - $335,000
  Apt 3508, 1 bed, 1 bath, no car - $317,000
  Apt 4009, 1, bed, 1 bath, no car - $347,000
Metro 21
  Apt 3001, 2 bed, 2 bath - $553,500
Quay West
  Apt 129, 3 bed, 3 car - $1M
Riverplace
  Apt 304, 3 bed, 2 bath, 1 car - $1M
  Apt 272, 2 bed, 2 bath, 1 car - $675,000
  2 bed, 2 bath - $527,000
Festival Towers
  2 bed, 2 bath, 1 car - $457,500
  Apt 1906, 1 bed, 1 bath, 1 car - $309,000
Admiralty Quays
  Apt 78, 3 bed, 2 bath, 2 car - $920,000
  Apt 76, 1 bed, 1 bath, 1 car - $550,000
  Apt 46, 2 bed, 2 bath, 1 car - $780,000

Tuesday, February 26, 2013

Recent Brisbane City Apartment Sales

  • Evolution Apartments, 18 Tank Street, Apt 225, 2 bedrooms, 2 bathrooms, sold for $500,000 (previous owner had paid $762,000 off-the-plan from Citimark)
  • Skyline Apartments, 30 Macrossan Street, Apt 333, sold for $750,000 (previous owner had paid $810,000 off-the-plan)
  • Midtown Apartments, 127 Charlotte Street, Apt 1203, sold by developer for $432,500
  • Aurora, 420 Queen Street, Apt 376, 2 bedrooms, 2 bathrooms, 107 sqm, sold for $585,000
  • Riverplace, 82 Boundary Street, Apt 275, 1 bedroom plus study, sold for $481,000 (previous owner had paid $525,000 in 2008).

Saturday, November 17, 2012

Recent Apartment Sales in Brisbane CBD

Riparian Tower - Apt 4101 - 9 November for $3.3M after owner purchased it in June 2012 for the same price. [A reader has emailed me to say that this is incorrect.  I obtained this information from the RP Data database.  The 9 November sale information is as reported to RP Data by North South Realty.  The June 2012 sales data is from government records.]

MacArthur Chambers - 229 Queen St - Apt 205 - 1 bedroom - sold for $540,000
Apt 402 - two bedrooms - sold for $725,000

M on Mary - 70 Mary Street - Apt 2302 - 1 bedroom, no car - sold for $341,000

Festival Towers - 108 Albert Street - Apt 4105 - 2 bedrooms - sold for $452,000 (seller had paid $515,000 in 2007 off-the-plan buying from Devine).

Riverplace - 82 Boundary St - Apt 167 - 2 bedrooms - sold for $495,000

River City - 79 Albert Street - Apt 2706 - 2 bedrooms, 1 bathroom - $420,000

Saturday, September 22, 2012

Brisbane Apartment Recent Auction Results

River Place - 82 Boundary Street, Apt 192, 2 bedrooms, sold for $605,000
Aurora - 420 Queen Street, Apt 286 - passed in
Skyline, 30 Macrossan Street, Apt 304 - passed in
Admiralty Quays, 32 Macrossan Street, Apt 95 - passed in

Saturday, September 1, 2012

Inner City Apartments For Sale

Some apartments for sale in Brisbane City.

River Place, 82 Boundary Street (riverfront)
Apt 253, 1 bed plus study, 1 car park, level 28, 83 sqm, $495,000
With stamp duty - $510,750
$6,153 sqm
Rates $1,300 a year; body corporate $6,300 a year
Assume rent of $570 a week ($520 a week after agent's fees)
Net return per year - $19,440 per year before interest (3.8% return).

Apt 275, 1 bed plus study, 1 car park, 83 sqm, $505,000
With stamp duty - $521,100
$6,278 per sqm
Rates $2,200 a year; body corporate $5,950 a year
Assume rent of $570 a week ($520 a week after agent's fees)
Net return per year - $18,890 per year before interest (3.6% return).

Apt 185, 1 bed plus study, 1 car park, 81 sqm, $489,000
With stamp duty - $504,540
$6,229 per sqm
Rates $2,200 a year; body corporate $5,950 a year
Assume rent of $530 a week ($485 a week after agent's fees)
Net return per year - $17,070 per year before interest (3.4% return).

Apt 123, 2 bed 2 bath, 1 car park, 110 sqm, $689,000
With stamp duty - $713,030
$6,482 per sqm
Rates $2,447 a year; body corporate $6,600 a year
Assume rent of $660 a week ($610 a week after agent's fees)
Net return per year - $22,673 per year before interest (3.2% return).

Meriton's Soleil - new apartments (not riverfront)
Apt 5301, 2 bed 2 bath, 1 car park, 87 sqm, level 53, list price $627,000, but may discount to $615,000
Stamp duty refunded by developer
$7,068 per sqm
Rates $2,400 a year; body corporate $5,200 a year
Assume rent of $700 a week ($665 a week after agent's fees)
Net return per year - $26,980 per year before interest (4.3% return).

Assume that you can lock in an interest rate of 5.55% for 3 years (e.g., with BOQ), then you will be making a loss on all these investments after interest payments.

The above also assumes that these apartments will sell at the list price, which is an incorrect assumption, so the returns will be slightly better than stated above.

Friday, August 3, 2012

River Place - Recent Sales

Recent sales for River Place, 82 Boundary Street, on the river in Brisbane.
  • Apt 142, 2 bed, 2 bath, sold in May fully furnished for $563,000
  • Apt 79, 2 bed, 2 bath, sold in May for $618,000
  • Apt 98, 1 bed, 1 bath, sold in March for $402,000
  • Apt 59, 2 bed, 2 bath, sold in March for $539,500
  • Apt 319, 4 bed, 2 bath, sold in March for $1,815,000

Monday, March 26, 2012

Ray White Auction Results

I went to the Ray White auction yesterday.  Some results concerning apartments:
  • Apt 2804 Charlotte Towers, 1 bed, 1 bath, no car - sold prior to auction
  • Apt 2808 Charlotte Towers, 2 bed, 2 bath, 1 car - sold for $510,000.
  • Apt 3409, Festival Towers, 2 bed, 2 bath, 1 car - passed in at $480,000.
  • Apt 287, River Place, 2 bed, 2 bath, 1 car - unsold, inspect now!

Sunday, January 15, 2012

Recent Brisbane City Apartment Sales

Here are the recent reported apartment sales in the larger Brisbane downtown buildings.  Most of these sales closed in the period from late October to early December 2011.

Charlotte Towers
  • Apt 2110, 1 bed, 1 bath, 1 car - $382,000
Aurora
  • Apt 393, 2 bed, 2 bath, 1 car - $665,000
  • Apt 236, 2 bed, 2 bath, 1 car - $515,000
  • Apt 512, 2 bed, 1 bath, 1 car - $582,000
Festival Towers
  • Apt 3401, 2 bed, 2 bath, 1 car - $475,000
  • Apt 1707, 2 bed, 2 bath, 1 car - $440,000
  • Apt 2110, 1 bed, 1 bath, ? car - $350,000
Felix
  • Apt 356, 2 bed, 2 bath, 1 car - $505,000
  • Apt 276, 2 bed, 1 bath, 1 car - $492,000
River Place (82 Boundary Street)
  • Apt 302, 2 bed, 2 bath, 1 car - $690,000
  • Apt 326, 3 bed, 2 bath, 2 car - $1,497,000
  • Apt 231, 2 bed, 1 bath, 1 car - $423,000
  • Apt 110, 1 bed, 1 bath, 1 car - $410,000
Skyline
  • Apt 55, 1 bed - $320,000
  • Apt 131, 3 bed, 2 bath, 1 car - $700,000
Admiralty Quays
  • Apt 9, 3 bed, 2 bath, 1 car - $900,000
  • Apt 67, 1 bed, 1 bath, 1 car - $580,000
  • Apt 135, 2 bed, 2 bath, 1 car - $780,000
Admiralty Towers Two
  • Apt 57, 2 bed, 2 bath, 1 car (103 sqm) - $660,000
No reported recent sales (last October to early December) in Casino Towers, Quay West or Admiralty Towers One.

Friday, November 11, 2011

River Place Auction Sale


From a Ray White email:

"Brisbane's CBD Prestige Market Is Running Hot!!

This morning over 100 people attended the auction for 326/82 Boundary Street, a River-front penthouse in River Place.

With 18 registered bidders there could only be one outcome, a successful sale reaching $1.497M!

This proves there are buyers out there wishing to secure quality properties within the Brisbane CBD."

Saturday, February 19, 2011

Macrossan, Soleil and Skyline



The photo above shows, from the left, the tops of Macrossan Apartments, Soleil (under construction), Skyline, then Admiralty Quays and River Place apartment.

The photo below shows, from the left, Soleil and then Macrossan Apartments. You can glimpse Skyline in between. The entry way in the bottom centre is the Macrossan Apartments lobby.