Showing posts with label the studio. Show all posts
Showing posts with label the studio. Show all posts

Monday, July 5, 2010

The Studio at St Lucia near University of Queensland

Last month, I wrote about The Studio development at St Lucia, located very close to University of Queensland. The developer released one of the two buildings to the market, and it sold out about 25 apartments in a week with no marketing.

There was an interesting comment about The Studio in Herron Todd White's July 2010 "Month in Review" as follows:

"High demand rental areas with reasonably assured income are a safe bet and one of our tribe suggested St Lucia is a good place to park the dough. The nearby university and ready access to facilities add up to strong demand. One development is claiming a 6.5% return on a $440,000 outlay for a double studio apartment design where both tenants share kitchen facilities. It’s geared towards cashed up, overseas students willing to part with over $250 per week per studio, which could prove to be a tall order. Our advice, if you’re interested in this type of investment, is to consider all options. Second hand multi bedroom units are offering a solid return and, more often than not, better capital growth potential compared to new stock. Just make sure you talk to one of our valuers before proceeding headlong into any under researched option."

Saturday, May 8, 2010

The Studio, St Lucia

The Studio student apartment complex, "sold out" in less than a week just recently. About one third of the apartments were sold, with the remainder being kept by the developer, Aspect Property Group. The complex is located within the University of Queensland, and will be complete about July 2010.

Aspect is also in the planning stages of an apartment complex at the beginning of Fred Schonell Drive, to be called Linear.

Sunday, April 5, 2009

St Lucia - Visage and The Studio

Visage at St Lucia has sold out prior to completion. There are 26 apartments. Off the plan projects, if priced correctly, are still selling out. 2 bedroom apartments priced from $470,000. Developed by Aspect Property Group

This developer has DA to do a development within the University of Queensland grounds. Called "The Studio", this will be studio apartments for student.