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New Queensland developments take advantage of grants for first-home buyers in sought-after locations

New Queensland developments take advantage of grants for first-home buyers in sought-after locations (1)

With a number of grants available to the savvy first-home buyer, these new developments are perfectly geared towards comfort, affordability and future-proofing.

Whether urban living, a brand new neighbourhood or the ease of the beach, these projects offer a little something for everyone.

Sandbar Burleigh

New Queensland developments take advantage of grants for first-home buyers in sought-after locations (4)

Set across 26 levels overlooking the breathtaking Burleigh Beach, Sandbar offers two and three-bedroom apartments with a desirable postcode.

Located in North Burleigh on the Gold Coast, the project is one block from the beach and within walking distance to local cafes, retailers, the surf lifesaving club and a nearby shopping village at Miami.

The development overlooks parklands to the north and offers panoramic views of the ocean, hinterland and the Gold Coast skyline.

With two-bedroom apartments starting from $590,000, it’s one of the more affordable offerings in the area.

“There are a number of developments in Burleigh, but Sandbar’s the only one in that mid-market sort of price range,” said director of sales at Morris Property Group Travis Gielen.

“Everyone wants to live in Burleigh, but not everyone has the budget, so we’ve cleverly positioned this in the marketplace – there’s something in there for everyone, essentially.”

Sandbar will feature on-site amenities on an elevated level overlooking the adjacent park, including a pool, gym, yoga lawn, and multiple recreation and entertainment spaces.

There will also be a retail concession included in the development.

Mr Gielen said purchasing a new apartment off-plan offered peace of mind to first-home buyers, along with lower operating costs and appliances under warranty.

“Burleigh is a fantastic location for first-home buyers to buy in; it’s a very strong market,” he said.

“Buying off-plan and in a good location like Burleigh is a great way to build equity, secure the terms of the deposit and save further, and as a new project it qualifies for the grant, so it’s certainly a great offering.”

Construction is set to commence in February 2021 and the project is expected to be completed by early 2023.

Sandbar is located at 1969-1971 Gold Coast Highway, Burleigh Heads, Queensland

New Queensland developments take advantage of grants for first-home buyers in sought-after locations (3)

Located in vibrant South Brisbane, this project offers new one, two and three-bedroom apartments and penthouses in the heart of the inner city.

Surrounded by restaurants, cafes, bars and retail, Brisbane 1 is situated in a sought-after locale, within walking distance to the city’s cultural precinct and the CBD.

With first-home buyers eligible for the Queensland First Home Owner’s Grant, the development has already proved popular with the demographic.

“With apartments in numerous sizes and designs, from affordable one-bedroom dwellings to luxury three-bedroom penthouses, Brisbane 1 has attracted a wide variety of buyers, including a significant number of first-home owners,” said R&F Property Australia national sales and marketing director Jon Quayle.

“Brisbane 1’s ultra-convenient location is very appealing to first-home buyers, who can leave cars at home in favour of excellent public transport links or simply walk to an abundance of nearby employment opportunities and services, or even forgo the expense of a car entirely.

“A limited selection of apartments are still available with prices starting at only $390,000, specifically appealing to first-home buyers.”

Designed by Brisbane-based architects Bureau Proberts, Brisbane 1 is the tallest development in the area.

Each apartment within its three towers features a balcony to make the most of panoramic views, stretching from the city skyline and river to regional scenes further afield.

Dual-key homes are also available and may excite the astute investor. These consist of one apartment split into two self-contained residences with a shared foyer.

On-site amenities include a recreation deck, featuring a 25-metre lagoon pool, barbecues and al fresco dining spaces, as well as two spas, three plunge pools, a gym, theatre, children’s playroom and several other entertainment spaces, including a rooftop terrace.

Interiors feature stone benchtops, European appliances, timber cabinetry, built-in wardrobes, recessed lighting and wool-blend carpets.

Buyers can choose from flexible colour schemes, whether light, bright and inspired by Nordic design or darker, featuring more grey and mahogany.

Brisbane 1 is at 1 Cordelia Street, South Brisbane, Queensland

The Carl Residences

New Queensland developments take advantage of grants for first-home buyers in sought-after locations (2)

This sleek new apartment development in inner-city Brisbane offers one, two and three-bedroom residences just three kilometres from the city, with several incentives for first-home buyers.

Situated in Woolloongabba, The Carl Residences is a few minutes’ walk away from central transport hubs, including Buranda busway station and train station, Princess Alexandra Hospital, and dining and retail precincts The Gabba and Buranda Village.

Set across 12 storeys, apartments feature spacious floor plans – many with balconies up to 47 square metres – and some offer views of the city.

The development will include residents’ amenities, including a rooftop pool with a barbecue and entertaining space, and an outdoor gym on the ground level.

Interiors will feature Bosch appliances, airconditioning, timber flooring and floor-to-ceiling tiling in bathrooms.

Broker and owner of RE/MAX Experience David Cotterill said the development was a stand-out in the market due its price and the incentives offered.

“At the moment, up until the end of December, it’s ideal for first-home buyers because you’ve still got the first-home buyer grant; you’ve also got a $25,000 [HomeBuilder] grant from the federal government,” he said.

“There’s another incentive where developer is matching the first-home buyer grant for a very limited time. We’ve almost hit our pre-sale target and once we’ve hit our pre-sale target, that incentive will go, but that’s another $15,000.

“So essentially right now, a first-home buyer can buy a one-bedroom from $385,000 and get $55,000 worth of assistance between the developer and the government to purchase, which is a fantastic offer.”

Mr Cotterill said only a few one-bedroom apartments remained.

Prices start at $385,000 for a one-bedroom apartment, $520,000 for a two-bedroom apartment, and $650,000 for a three-bedroom apartment.

Construction will commence on September 30 with an expected build time of a year and a half.

The Carl Residences is located at 21-25 Carl Street, Wooloongabba, Queensland

 

 

 

This article is republished from www.domain.com.au under a Creative Commons license. Read the original article.

 

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Developments

Builder appointed for new luxury Gold Coast development The Monaco

The Monaco 1

Gold Coast-based developer Ignite Projects have appointed McNab Construction to build their 25 level Main Beach project, The Monaco. 

The Monaco at 2-4 MacArthur Parade will home 25 half and full-floor residences, adjacent to the Southport Marina. 

Designed by Rothelowman, the new tower will feature the Southern Hemisphere’s first car elevator to apartments, sky garage and a custom-designed kitchens for each buyer. 

The Monaco 2

Apartments in the Monaco will offer up to 362 sqm of living space, a communal 24-metre heated pool and an additional multi-purpose space, as well as the sky cave.

One whole floor of the Monaco has been dedicated to private storage space.

“McNab has a brilliant track record for delivering projects that exceed all expectations in terms of quality and deliverables, so they are a good fit for our project team,” Ignite Projects’ Josh Foote said. 

The Monaco 3

Construction is expected to take 20 months to complete and will begin around mid-next year. 

The project is expected to support over 200 construction jobs a day during peak times, McNab Construction manager Mark Jewell said. 

 

The post “Builder appointed for new luxury Gold Coast development The Monaco” appeared first on the propertyobserver.com.au Blog

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Developments

Elysian Broadbeach finishes construction, selling final apartments

The luxury Broadbeach tower Elysian has finished its construction and has released the remaining apartments for sale.

The Spyre Group’s Broadbeach development sold 85 percent of its stock and has released only 10 apartments remaining, a mix of two, three, and four-bedroom units. 

Elysian at 185 Old Burleigh Road has 61 apartments across its 21 levels.

Elysian Broadbeach Apartments

Prices start at $785,000 for a two-bedroom apartment or from $1.5 million for a three-bedroom.

Designed by ML Architecture and Boyds Bay Group, Elysian’s amenities include a swimming pool, yoga terrace, sauna room, and gym. 

Just 70 meters from the beach, the rare beachfront offering enjoys 180-degree views of the expansive ocean, city, and Gold Coast hinterland.

Its features include open-plan living and dining, balconies, floor-to-ceiling windows, and timber flooring.

Elysian Broadbeach Apaertments

CBRE Gold Coast is marketing the project. 

 

The post “Elysian Broadbeach finishes construction, selling final apartments” by Joel Robinson appeared first on the propertyobserver.com.au Blog

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Developments

Gold Coast set for Australia’s first Mondrian brand residences and five-star hotel

five-star hotel

The boutique US hotel operator Mondrian has announced it will open its first five-star hotel and brand residence in Australia at Burleigh Heads on the Gold Coast.

Mondrian, a partnership between SBE Entertainment and hospitality giant Accor, has engaged the local developer Vitale Project to construct the two tower development which is slated for completion in mid-2023.

The two towers, designed by the multi-award-winning architect Elenberg Fraser, will separate the 89 private residences from the hotel, which will have 208 guest rooms.

Studio Carter, the international hospitality design consultant, was commissioned to oversee the interior design.

The building will be connected by a three-level podium that acts as the building’s communal space and will home a state-of-the-art fitness center, spa, restaurants, and swimming pools, all overlooking the beach.

It’s being built on 4,035 sqm on the corner of First Avenue and The Esplanade Burleigh Heads.

five-star hotel

Mondrian Gold Coast is one of nine new Mondrian properties that SBE plans to open globally by 2022, with six more to be announced.

It follows the company’s recent opening of Mondrian Seoul Itaewon, and the announcement of Mondrian Shoreditch London set to open in 2021.

The Gold Coast has grown into one of Australia’s leading travel destinations and the opening of Mondrian Gold Coast is the next step in our strategic global expansion for the Mondrian brand, selecting communities at the heart of the most exciting cultural destinations in the world,” SBE’s chief operating officer Chadi Farhat said.

Accor Pacific chief executive Simon McGrath said the expansion of the first-ever Mondrian into Australia reflects Accor’s commitment to developing innovative, lifestyle-oriented hotels alongside SBE.

“With the Mondrian brand, SBE creates destinations within the destination, bringing together regional authenticity with sophisticated design, creative programming, and a lively bar and restaurant scene.

“Mondrian Gold Coast will be the embodiment of this philosophy: providing residents and guests with elevated hospitality experiences that match the beauty and vibrancy of Australia’s Gold Coast region.”

LGC Property Investments, directed by Chris and Letitia Vitale, paid $22 million for the site, which currently houses the 1960s apartment block White Horses Apartment, in July.

There had been an agreement in place for the Brisbane-based Neilson Properties to buy the site in 2018, but that failed to proceed.

The White Horse Apartment owners had been in court battles for a number of years trying to band together to sell their combined 49 apartments.

But because it was a company titled block, they needed 100 percent of the vote to approve a sale, however, six owners resisted.

 

The post “Gold Coast set for Australia’s first Mondrian brand residences and five-star hotel” by Joel Robinson appeared first on the propertyobserver.com.au Blog

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