The Priory will have 12 luxurious apartments in the estate
An apartment in the new Indooroopilly project, The Priory has been sold for $4.1 million.
It was the highest advised apartment sale in Queensland last week secured by estate agent Jarrod Perry at Hutton & Hutton.
Completion is expected in early 2023.
Residence 8/100 Goldieslie Road has a total area of 172 sqm, plus 34 sqm in car spaces and storage of 19 sqm.
There are just 12 residences at The Priory, with floor plans from 196 sqm to 452 sqm of living space.
The communal space includes pool, spa, gym, steam room and fire pit.
The estate was once owned by the late Colonel J. F. G. Foxton, whose house was built around 1888.
Justin Foxton was a notable Queensland politician and soldier.
The Priory has been a work in progress since 2016 with the 4069 sqm site bought in 2015 at $4.385 million.
Pitman Properties, which has been constructing multi-unit residential projects, commercial buildings and motels for four decades, is headed by Paul Pitman.
The Priory sits at the end of a cul-de-sac on Goldieslie Road with its design by Wiltshire Stevens Architecture amid landscaping by LAUDink.
Another new architectural landmark is set to rise in Indooroopilly after receiving planning approval from Brisbane City Council.
Located at 97 Swann Road, Ethereal Residences by North is a cross-studio collaboration between Rothelowman, Carr Design and Form Landscape Architects and will deliver a collection of 46 two- bedroom, two-bedroom plus multi-purpose room, and three-bedroom apartments.
North managing director, Scott Ginnivan, said the vision for Ethereal Residences was to deliver an exceptional standard of architecture to Brisbane’s inner west that celebrates its elevated position.
Article Source: www.urban.com.au
Construction commences on the final stage of The Peninsula Hope Island master-planned community
Developer ASF Group has already sold around 80 percent of the apartments and all of the terrace homes on offer.
Construction has begun at Peninsula Collection and Peninsula Terraces, the final release of apartments and terrace homes in the gated community development, The Peninsula Hope Island.
The Brisbane-based builder, Constructions Group, cleared the land for development over Christmas, with earthworks and piling expected later this month. The previous two stages of the exclusive master plan are already completed.
The rest of the in demand mini-masterplan is already completed. Developer ASF Group has already sold around 80 percent of the apartments and all of the terrace homes on offer.
ASF Group Marketing Director Daniel Fang said there was an even split of buyers, with around half local owner-occupiers looking to downsize, and the other half interstate migrants and investors,
“We saw a lot of demand from buyers in Victoria and New South Wales, in particular from the dense inner-city postcodes of Sydney and Melbourne” Fang said.
“They were drawn to the recreational lifestyle of the northern Gold Coast, with their choice to move hastened by lockdowns in the southern states. Other interstate buyers were also attracted by the strong potential for capital gains due to the 2032 Summer Olympics, set to be hosted in Brisbane.”
On the interest from locals, Fang said the majority sought to downsize to Peninsula Collection and Peninsula Terraces which feature greater accessibility and internal buttons linked to gated community security.
“Buyers are cashing in on the Gold Coast property boom whilst placing a greater emphasis on lifestyle and recreation in their search for a new home.”
ASF has already sold out Peninsula Homes, a collection of 17 townhouses, Peninsula Residences, comprising 40 apartments, and Peninsula Terraces, just 22 terraces, which sit along side the Peninsula Collection.
Sherpa Property set for Mermaid Beach apartment development
Located on Albatross Avenue in Mermaid Beach, Perspective Albatross will be a bespoke low-rise beachside apartment building comprising six three-bedroom residences and two two-level penthouses.
Local Gold Coast developers, Sherpa Property Group, have unveiled plans for their latest development, Perspective Albatross, as demand for property on the coastline continues to be in high demand.
Located on Albatross Avenue in Mermaid Beach, Perspective Albatross will be a bespoke low-rise beachside apartment building comprising six three-bedroom residences and two two-level penthouses, both of which feature direct access to their own private rooftop areas.
The project is earmarked for a prime 810 sqm at 72-74 Albatross Avenue, Mermaid Beach, and is Sherpa Property Group’s first in the area.
The three-bedroom residences will feature spacious floor plans that are further enhanced with their own private balconies, right in the heart of Mermaid Beach.
Perspective Albatross residences range from 190 sqm to 310 sqm and are priced from $2.1 million.
Plans for the residences come hot on the heels of the sell-out of Sherpa’s highly anticipated Perspective Nexus development in Palm Beach and the recent unveiling of its newly completed luxury residence in Bilinga, known as Perspective 202.
Sherpa’s CEO, Christie Leet said the site had been selected due to its excellent beach access and proximity to the local shopping precinct, along with the tranquil and enviable lifestyle that Mermaid Beach exudes.
“Mermaid Beach is one of the Gold Coast’s most attractive communities, offering a unique lifestyle that makes it one of the most tightly held markets on the Coast,” Leet said.
The Perspective Albatross beachside residences are expected to appeal to the local owner-occupier market and are located just a stones’ throw away from Mermaid and Nobby beaches.
“To us, Mermaid Beach has always been more than just a location, it’s the lifestyle that draws you in and makes you feel like you never want to leave.”
Designed by Cottee Parker, the residences have been influenced by the coastal surroundings, with a light and bright colour palette being implemented throughout, integrating touches of white and gold accents for a minimalist and contemporary design.
Also expected to launch in 2022 is Perspective Broadwater, just six apartments in Biggera Waters, and Perspective Nexus, Palm Beach, which is a 34 three-bedroom apartment development, across 14 levels.
Article Source: www.urban.com.au
Plans Filed for Third Surfers Paradise Skyscraper
Plans for a 38-storey residential tower in Surfers Paradise have been lodged with the Gold Coast City Council, the third DA for the area filed in recent weeks.
The latest skyscraper plans were lodged by AMFS 2, led by Ayrton Mansi of the Mansi Group and Freddie Sheene, son of the late world motorbike champion Barry Sheene, for a site at 17-19 First Avenue, Surfers Paradise.
Surfers Paradise is running hot, even by its standards—the suburb hit $1.2 billion in apartment sales in the 12 months to November.
The Gold Coast’s strong apartment market during the pandemic has created a spike in projects as units increased 26 per cent in value last year.
The plans for Nineteen on First Avenue were designed by Plus Architecture and included 35 full-floor apartments with three bedrooms and north-east facing balconies.
There was also a swimming pool, work from home suites, entertaining spaces and a gym on the lower levels as well as three levels of basement car parking.
It would replace two single-storey homes on the combined 810sq m site at the corner of First Avenue and Surf Parade.
The area was characterised by primarily high-rise residential developments, interspersed with older low- to high-rise developments, according to Ozone Planning Group.
“This existing character is consistent with the City Plan’s intent for Surfers Paradise to develop as a compact, high-rise neighbourhood,” the application said.
“The proposed built form incorporates elements of coastal character consistent with the existing built form within the locale as conveyed through the material and colours palette for the development.
“Being a high-end residential development, the finishes proposed are of an equivalent standard.”
In March, 2021 refinements were made to the Gold Coast city plan with mayor Tom Tate saying the city needs to be built “upwards, not outwards” in response to growing demand for new homes.
As interstate migration is expected to continue through 2022 the market fundamentals of the city are holding strong and there are no signs of an imminent bust, according to experts.
Article Source: www.theurbandeveloper.com
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