Brisbane’s luxury property market starts the year with a bang

 

It’s been a strong start to the year for Brisbane’s prestige property market, with the city’s first riverfront home sale of 2020 fetching almost $4.6 million.

A trophy home at 77 Macquarie Street in Teneriffe has sold through Sarah Hackett of Place Estate Agents.

The three-level, four-bedroom home comes with a study, a library, a games room and views of the river framed by floor-to-ceiling glass.

The buyer owns in Noosa, but bought the Teneriffe property as his Brisbane base.

After attracting multiple offers, the home sold for $4.575 million.

The Catalina project was built more than a decade ago, as part of a project to transform what were formerly derelict wharves into an exclusive residential riverfront precinct.

 

Teneriffe is Brisbane’s most expensive suburb, just 2km from the CBD and with a median house price of $1.85 million, according to CoreLogic.

In the nearby suburb of Ascot, another two big sales have been finalised.

A European-style, luxury home on 1224 sqm at 37 Baldwin St, Ascot, sold for $4.8 million through Penny Halliwell of Ray White – Ascot.

 

The property features a 13m lap pool, a championship-sized floodlit tennis court, and multiple terraces, formal and casual spaces.

Capri sits in a leafy locale close to Racecourse Rd’s cafe precinct and the Brisbane River, and spans two huge levels with five bedrooms.

 

And at 89 Towers Street, Ascot, a five-bedroom, five-bathroom house has changed hands for $4.625 million.

The property features an eight-seater cinema, a four-car garage, a 1000-plus bottle temperature-controlled wine cellar and a gymnasium.

The sale was negotiated by Tom Lyne and Hamish Bowman of Ray White – New Farm.

Originally published by Elizabeth Tilley in The Courier Mail HERE.

CLICK THE BELOW BUTTONS TO SHARE WITH A FRIEND
Share

SUBSCRIBE TO RECEIVE VIP EARLY ACCESS TO OUR DEVELOPMENT LAUNCHES

"*" indicates required fields

We respect your privacy and your personal information will be maintained in accordance with our "Privacy Policy", by clicking submit you agree to this policy.
This field is for validation purposes and should be left unchanged.