Mirvac's Newstead Waterfront project
Mirvac's Tennyson project
Pradella's Water's Edge
Kelvin Grove Urban Village
(photos taken September 2010)
This Blog is designed to provide information about buying or renting apartments in Brisbane, Australia. www.brisbane-apartment.com
Mirvac's Newstead Waterfront project
Mirvac's Tennyson project
Pradella's Water's Edge
Kelvin Grove Urban Village
(photos taken September 2010)
"A premium central city location opposite the CBD Southbank is Brisbanes premier recreation and dining precinct, Southpoint is the last available site in Southbank and will provide a total of 86,433 square metres of GFA in a mixed use development of exceptional design standard.
Drawing on the success of the Emporium mixed use development by the same group, Southpoint will take the recipe further because of its exceptional location and the manner in which it will integrate into the area’s rail and bus interchange. This will not only provide amenity and market value for Southpoint’s residents and business tenants but will also stimulate demand for retail because of the high volume of commuter traffic.
Consisting primarily of three towers providing office, residential and genuine 6 star hotel standard accommodation, all with retail below, the striking architecture of Southpoint will make it a visual and commercial landmark in Australia’s fastest growing city."
It is rental season in Brisbane, and there is strong competition for apartments. Many people are delaying a buying decision, and so are renting. Some renters have locked in long term leases, taking these apartments off the market for some time. Some investors have put their apartments into a short term letting pool for nightly "hotel" rentals, taking these away from the permanent rental market.
He is willing to bet that Brisbane people will be willing to pay about $500,000 for an entry-level one-bedroom apartment measuring less than than 50sq m. Big enough to swing a cat - just. He's willing to bet that they will want to live right next to the truck-laden Logan Rd, over a train line and right next to a busway in a suburb that looks like it has had too much sun and has never been known for urban chic. He's also betting that the housing affordability dilemma will mean people will question if they can afford a home and a car.
But just to show how strongly he feels about Buranda, the man who developed the oh-so-swish Emporium development in Fortitude Valley says he is less confident about his separate plans for 56 luxury apartments at South Bank projected to cost between $2 million and $10 million each. "I would not like to make that call right now," he said...."Here is an interesting drawing, showing the proposed building at Southbank, with the existing Collins Place building left standing.
"The soon to be released Southpoint Residences will be the finest and most exclusive of Brisbane’s property market. Situated on South Bank’s last development site, the north-east aspect ensures that your views of the city and the river set you ahead of the rest.
With fifty-six palatial residences perched on top of the next acclaimed Emporium Hotel, you will not only live in the style that you deserve, you will receive six-star treatment morning, noon and night.
These truly unique ‘homes’ will provide spacious living with only the very best of fixtures and finishes. From the ‘his’ and ‘her’ robes to the classic fireplace and the private bar each element has been carefully selected with your comfort in mind.
"The Queensland Government has given the nod for early works to start on a $650 million luxury hotel and residential development next to the South Bank railway station.
It will include restaurants and retail spaces as well as the hotel, cinema and 56 residential apartments."
See Brisbane Times
Concepts diagrams of Stanley Cover development at South Bank, which will be located in from of the Park Avenue apartment building, on the river:
http://www.southbankcorporation.com.au/about_us/stanley_cove_boardwalk_redevlopment
I am often asked which apartment buildings are good for short term stays. That is, which apartments in Brisbane downtown and nearby are furnished, safe and have good facilities.
These are my recommendations, in this order:
1. Quay West, on Alice Street overlooking the Botanical Gardens.
Consistently rated as the number one hotel in Brisbane on TripAdvisor.
One and two bedroom suites, with daily service and room service. Pool, gym, restaurant. Large balcony. Great location and great views from all suites. The one bedroom suites have kitchen, large living area with desk, laundry room, bathroom and large bedroom. Two modern flat screen TVs. The nicest pool in Brisbane. Operated by Mirvac.
Book here.
2. Felix Apartments on Felix Street at Eagle Street.
An apartment building that Oaks has turned into a short term stay building. Good location, and most rooms have river views. Pool. Partly air conditioned (not central air conditioning). No room service. No hotel facilities. Good clientèle. Weekly clean.
Book here.
3. Saville Hotel at SouthBank
Only 18 months old, one of the newest hotels in Brisbane. Great location, just out of the downtown, but with many good restaurants nearby. A full service modern hotel. Pool and gym. Room service.
Book here.
4. Oaks - 212 Margaret Street
This was once a good place to stay, but now has a large construction site next door. No services.
Book here.
5. Oxygen Apartments, at Spring Hill
This is a favourite place for IT workers. Small apartments, just out of the city. No services.
Book here.
...
The best hotel, for a standard hotel room, is Stamford Plaza, on the Brisbane River. Book here.