Riverbend Indooroopilly

Riverbend Towers in Indooroopilly are back on the market. They were offered for sale about 2 years ago, but then the developer decided not to proceed with selling any. Now some are on the market again. The building has 2 and 3 bedroom apartments, and they are a good size. Many have river views. Some road noise. Three bedrooms listed from $710,000

Indooroopilly Riverbend Tower

Riverbend Tower was supposed to be an all rental building. However, it appears that the developer has now decided to sell some of the apartments.

Example pricing:

• 2 bed, 2 bath, 6th floor, 95 sqm internal, 31 sqm balcony, 126 sqm total, 1 carpark = $600,000
• 3 bed, 2 bath, 5th floor, 125 sqm internal, 36 sqm balcont, 161 sqm total, 2 carparks = $735,000

Some apartments will have river views. However, the eastern facing apartments look over the railway station at Indooroopilly (so noise from trains and cars), the southern facing apartments look at the Walter Taylor Bridge, and the western facing apartments will get the western sun.

Brisbane Students Forced Out of Housing

See recent article in Brisbane Times.

As an aside, a new apartment complex is to open in Indooroopilly in October. Called Riverbend Towers, it has 35 apartments, all of which will be rentals. The majority are three bedroom apartments, with 11 two bed apartments. The apartments are relatively large. Rents range from $500 to $550 per week for a 2 bedroom apartment; $650 to $750 for a three bedroom apartment; and $950 for a penthouse.