The Brisbane-based development and construction firm, Siera Property Group, are the latest in a wave of developers heading to the Gold Coast for the first time.
Seira, headed by the managing director and founder Brent Thompson, has laid plans on the sought-after Chevron Island for a 17-level project dubbed Tapestry, paying homage to the Island’s new Home of the Arts precinct.
The plans by the local BDA Architecture will see 83 apartments built on a 1,518 sqm site at 39-43 Darrambal Street, toward the southern end of the island.
Thompson, who sits on the board of UDIA QLD and chairs the Brisbane City Council Policy Committee, sees it as a shift in thinking for the company, who made their name in the Queensland capital developing luxury townhouses in Brisbane’s inner ring.
“Due to some council restrictions in Brisbane, we needed to identify a new opportunity where we could put a lot of effort in to what we’re delivering,” Thompson said.
Thompson has spent a lot of time on the Gold Coast over the last 18 months, spending time understand the Gold Coast market, as well as the Sunshine Coast and Brisbane, and why each market has been so desirable for different reasons.
“Spending time on the ground allowed us to understand what was coming to the market, what developers were saying, and who was buying sites and where,” Thompson added.
He identified some nice beachside opportunities, but really wanted to create something that was targeted at a wider net, rather than the multi million dollar apartments that are limited to the fortunate few.
“We want the local owner occupier, who could be living in a medium-size house in the area, to be able to downsize or rightsize, or have others who just want to find a new lifestyle, and have the opportunity to do so without being priced out.”
The 55 metre building will comprise 28 three-bedroom apartments and 55 two-bedroom apartments, around half of those with multipurpose rooms. There will be six apartments per level until level 14 where there will be five.
The two-bedroom apartments start from 84 sqm, while the three-bedroom units have internal living areas between 113 sqm and 141 sqm. Every apartment has a balcony of at least 10 sqm, as well as their own parking space.
There are 94 parking spaces across the two levels of basement parking, and 29 on the street level.
The street level will feature extensive raised planters and a water feature on entry to the lobby, where there will be a number of garden rooms and resident office space with a kitchen.
Crowning Tapestry will be a resident rooftop, complete with a resort-style swimming pool with day beds, a spa, and a pool deck. A barbecue and alfresco area, will sit in landscaping, as will dining surrounded by an edible garden. There’s set to be a private dining space with a terrace and fire pit, a gym with sauna and steam room, and a lounging area with a lawn.
It was important for Thompson to go local with all of the intricacies that come with developing a project. He’s used local architecture firm BDA, and is engaging local Gold Coast builders to deliver the project, despite Siera’s previous experience in building their developments.
He’s even gone a step further and, given the Gold Coast City Council’s efforts to make Surfers Paradise an arts and cultural hub, has engaged local artist Tanya Blanchard to create a piece of artwork that will hang in the lobby when completed.
“There’s a great local community on Chevron Island. It’s a tight-knit community, while being ideally located just five minute walk from the international tourist hub of Surfers Paradise,” Thompson says.
BDA says the architecture of the proposed development is sculptural and smooth-lined.
“A mixture of vertical blade walls and horizontal slab edges responding to available views and natural light. Cantilevered balcony’s protrude from the building body with curved edges softening the feathered edges,” the submission to the Gold Coast City Council read.
“Colours and materials have been selected to create a lightly textured and timeless material palette. White render, concrete, glass and timber screening create a rich and layered coastal effect.
About the developer
Siera Group, a property development and construction company, was established in 2014 by Brent Thompson.
Their primary focus has been apartments and terraces in Brisbane. In the last seven years, they’ve developed more than 70 residential dwellings in key growth markets in South-East Queensland, with a total end value of $50 million.
One of the main focuses is to acquire premium sites within established community settings, with strong connectivity to lifestyle amenity, where they feel our investment in design can make a positive contribution.
Fast Facts from BDA Architecture
This project offers an exciting opportunity to introduce a high quality apartment building into the heart of the emerging cultural precinct of Chevron Island. The project’s design makes strong architectural gestures that acknowledge it’s connection to the HOTA Precinct, Surfers Paradise beach-front and the Nerang River.
The 1,518sqm site is in a prime location, fronting Darrambul Street, in the heart of Chevron Island. Just steps away from the theatre of the Surfers Paradise hospitality scene, it’s beaches, and Evandale’s Arts Precinct, this area is fast transforming into the Gold Coasts cultural hub.
The site boasts 360 degree access to some the Gold Coasts best views, capturing the surfers skyline and beaches, wide spans of the Nerang River to the Broadwater and uninterrupted views to HOTA and the Gold Coast hinterland beyond.
The project’s unique location, in an emerging retail, restaurant, and cultural hub weaves together diverse backgrounds, experiences, cultures and tastes. This forms the ‘Tapestry’ that is modern apartment living with high quality communal facilities designed to create connections, community and sense of place.
The project comprises a total of 83 apartments (194 bedrooms) in a building that is 17 storeys. The apartments sit over a well-considered, split level podium, which seeks to conceal services from the pedestrian interface by housing on a mezzanine level, residing over the sloping driveway. This approach allows an almost double-height lobby space activating Darrambul Street and providing a high level of amenity for building users.
Apartments are a mix of 2 and 3 bedroom options that cater for a number of price points and encourage genuine diversity of ownership/occupation. The building also presents a well-defined pedestrian and vehicular entry, with resident parking located to the rear of the site and in 2 levels of basement.
‘Tapestry’ offers a high quality contemporary design, which looks to confidently engage and enhance Darrambul Street, positively contributing to the core Chevron Island precinct and it’s transformation into the Gold Coast’s cultural hub.
Article Source: www.urban.com.au
Inside the two-bedroom Silk Lane apartments in Woolloongabba, home of the 2032 Olympics
A relaxed sense of luxury fills every space, with tonal finishes and complimentary textures that create a luxurious hotel ambience
Accompanying the rush of global infrastructure investment set to transform Brisbane in the decade leading up to the Olympics, Silk Lane is among the new residential developments in Brisbane to secure a wave of renewed interest.
Comprising 306 one, two and three-bedroom apartments, Silk Lane delivers a luxury living experience that rises amongst Brisbane’s legendary cricket ground, ‘The Gabba’
Delivered by Sarazin, each residence is designed as an urban sanctuary, set high above the buzz of the surrounding precinct.
Silk One takes centre stage among the legendary Brisbane cricket ground, ‘The Gabba’, and boasts stunning views of the Brisbane River, CBD skyline and beyond.
Urban takes a look at two feature floorplans available to discerning buyers.
1. East No.12
The floorplan East No.12 has two bedrooms, one tucked away off the kitchen and dining area, with the master positioned at the front of the apartment off the living space.
That curved bedroom, with its own ensuite, will have full floor-to-ceiling glass windows with views across Brisbane.
The apartment, designed by Nettleton Tribe Architects, features generous living spaces, a balcony, built-in robes, laundry room and study space.
2. West No.8
The larger two-bedroom floorplan is West No.8, which comes with two bedrooms, two bathrooms and a multi-purpose room.
West No.8 is a more rectangular apartment and features a unique cube style crown and a lighter colour scheme.
“Living here is living Brisbane,” developer Sarazin say. It’s a rare and inspirational blend of serenity and exhilaration.
City and Gabba views are on offer from the balcony or the communal rooftop areas.
Article Source: www.urban.com.au
Brisbane apartment insights: What happened to Brisbane apartment values in September?
Brisbane apartment values continued to grow over September, figures from the property data firm CoreLogic found.
In their monthly index, CoreLogic found that Brisbane values rose 0.6 per cent over September, taking their te
It was a return to a normal growth pattern for Brisbane, following a 1.4 per cent growth spike over August. Prior to the spike, there were 0.8 per cent gains in July and 0.7 per cent gains in June.
The 2.8 per cent rolling quarterly gains, more than double the gains seen in Melbourne, see values 8.3 per cent higher than at the start of 2021.
Back then the median value was $390,000. Now it’s $430,000.
The price gap between houses and units in Brisbane however has widened, with Brisbane’s median house price standing at $709,000, around $280,000 higher than the median apartment price.
New listings in Brisbane are slowly on the up ahead of the traditional listing increase in spring. The same can be said for Adelaide, Perth and Hobart, however the trend remains weak in the locked-down Sydney, Melbourne and Canberra.
Queensland has benefitted from record low vacancy rates, with southern state dwellers heading north during the pandemic over 12 months ago.
The June 2021 quarter data from the Real Estate Institute of Queensland showed that nearly two thirds of local government areas in Queensland recorded their lowest or equal lowest residential vacancy rates since 2010.
Of the 35 local government areas, 20 saw their vacancy rates tighten, 10 remained static and five saw them slightly rise in the June quarter.
Brisbane’s vacancy rate dropped from 2.1 per cent to 1.7 per cent from the previous quarter. The Gold Coast’s remained static at a tight 0.6 per cent and the Sunshine Coast’s was slightly higher, from 0.5 per cent to 0.6 per cent.
Urban’s top Brisbane projects
1. Trellis, South Brisbane
Aria Property Group are a decorated Queensland developer who have continued to improve sustainability across their South East Queensland residential apartment developments with their newest tower, Trellis.
Described as both the most sustainable and livable to date, all 110 of the two and three bedroom apartments in the 12 story building have been designed by Rothelowman.
Reminiscent of an urban retreat, Trellis reflects a new style of resort living with 1,119 sqm of recreational amenity across the Temple of Wellness on the ground floor and the Residents’ Rooftop Club on level 13.
Apartments in Trellis start from $739,000 for a two-bedroom, two-bathroom apartment. Three-bedroom apartments are priced from $1,084,000 to $1,224,000.
2. Bide, Newstead
Bide is the latest Newstead residential offering by Dibcorp Properties. It has been designed in collaboration with architects from Twohill & James, Lat27 and Wiltshire Stevens Architecture.
It presents a new way of inner-city-living, with a range of special inclusions and an urban green space exclusively for residents to relax, unwind and even work from home.
Bide comprises 89 spacious one, two and three-bedroom apartments just three kilometres from the CBD.
Two-bedroom apartments start from $635,000.
3. Silk Lane, Woolloongabba
Silk Lane will give residents the best seats in the house when the sporting arena is back in a post-lockdown world.
The building’s architectural façade, designed by Nettleton Tribe Architects, draws inspiration from the angular shapes of metal structure incorporated in the neighbouring Brisbane cricket ground, The Gabba. The appropriately named Skystand will look over the wicket for The Ashes, and the main hub of the 2032 Brisbane Olympic track and field events.
Developed by Sarazin, Silk Lane will home 306 one, two and three-bedroom apartments.
Prices start from $449,000.
4. Rivello, Hamilton
here’s only a handful of apartments left at Rivello, the luxury apartment development by Brookfield Properties in Hamilton.
The 21-level building designed by Cottee Parker Architects has netted over 80 per cent of sales of the block of 150 apartments.
Brookfield Residential Properties’ Managing Director, Lee Butterworth, said buyers had responded well to Rivello.
“There is certainly significant demand for Brisbane property in the current market and buyers recognise Rivello represents a rare opportunity to purchase a new apartment in a building on the Brisbane River,” he said.
Article Source: www.urban.com.au
Brisbane’s best property buys: Six must-see homes starting from $259,000
Despite the rising market, it is still possible to buy a property within a few kilometres of the CBD for less than $300,000.
14/75 Thorn Street, Kangaroo Point
Demand in Brisbane’s inner circle has been hot in 2021, so buyers with small budgets are working hard to find grubstakes. Here is one, a river turn from the city. Yes, it is a small grub – only 37 square metres of floor plan – but it comes with a big location. The designer studio apartment has an L-shaped, 16-square-metre balcony, a car space, lofty level-three balcony views and access to a shared pool.
Ray White, Benjamin Williams 0412 067 016
4/2 Prospect Terrace, Red Hill
Three kilometres northwest of the CBD, a one-bedroom pad has reached the market with a price tag under $300,000. One of eight in its brick block, it has an open-plan design with big windows to flood it with sunlight. It could be a base for a city professional, investor or student. It is about 500 metres from Kelvin Grove State College campus and was last sold in 2013.
Liliana Mauri Properties, Liliana Mauri 0404 644 006
6/104 Richmond Road, Morningside
Savvy buyers know townhouses often grant access to inner suburbs’ amenities at significantly lower buy-in prices than standalone houses. This three-bedroom, double-storey home is a fine example with its modern open plan linking dining, lounge and kitchen to a private rear courtyard. The median sale price for three-bedroom houses in Morningside this year has been $765,000 based on 100 sales. Cannon Hill State School is about 900 metres away.
REMAX Results, Kylee Harnisch 0438 763 975
4/15 Alice Street, Kedron
Real estate people often proclaim properties are “edgy”, but it is an apt word to describe the asymmetrical facade of this contemporary block. One of its two-bedroom, two-bathroom apartments is for sale. It has an L-shaped floor plan and unorthodox 5.07-by-2.16-metre balcony, partially inset to its open living-dining and kitchen area. It has a single car park.
AUMR Property Group, Jay Wu 0402 686 929
11 College Way, Boondall
This suburban area formerly known as Cabbage Tree Creek has hit its stride this century. It’s home to just under 10,000 people, of which 48 per cent are long-termers – which speaks loudly to Boondall’s easygoing, well-connected lifestyle. This four-bedroom makes a strong case, with its two bathrooms and a double garage on a flat 516-square-metre block. The kitchen has stone benches and stainless steel appliances. College Way has 147 properties and 80 per cent are owner-occupied.
Ray White, Angela Duncan 0433 335 849
20 Saint Albans Street, Kenmore
Fans of 1960s residential housing design get an architectural showpiece at this understated three-bedroom brick house set on a manicured 549-square-metre block that was last sold in 1997. The interior is conservative and neat with the scope to swing into the 21st century with a cosmetic upgrade. All 13 properties in this settled establishment street are occupied by their owners. Kenmore South State School is about 400 metres from the driveway.
Leighton Jones Real Estate, Leighton Jones 0468 900 200
Article Source: www.domain.com.au
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