Real estate investor Cromwell Property Group has snapped up a 35-level tower in Brisbane’s North Quarter precinct in a $525 million play, and follows a string of major asset transactions in the capital city. The $524.75 million purchase of 400 George Street, comes as Brisbane’s commercial property market continues to improve with vacancy dropping to…
Mirvac Continues Office Push with Brisbane’s ‘Healthiest’ Tower
Listed developer Mirvac has broken ground on its $836 million 80 Ann Street Brisbane CBD tower, promoting it as Brisbane’s “healthiest” commercial building. Mirvac’s continued push into the office sector has now made it Australia’s second-largest office manager, with $15 billion of assets under management. Mirvac’s pipeline of commercial developments, including 477 Collins Street in Melbourne…
Final Neville Bonner Bridge Design Unveiled
The contract to build Brisbane’s new inner-city Neville Bonner Bridge pedestrian bridge from Queen’s Wharf to South Brisbane will soon be released, Tourism Industry Development Minister Kate Jones has announced. Ms Jones said around 100 labourers, engineers, designers and other workers will work on the bridge – named in honour of Australia’s first Indigenous parliamentarian.…
Maasra Leads New Wave of Multigenerational Living
The shift towards multigenerational living has taken a new turn at Maasra Apartments, Coorparoo, with three generations of the Grimstone family excited about moving into the premier residential building once construction is completed. While a growing number of Australian households now have multiple generations living together under one roof, a new trend is emerging at…
Bloom on Wesley: Boutique apartments just 5km from Brisbane CBD
Bloom on Wesley is a new apartment development located in Lutwyche, just 5km from the CBD in Brisbane. Featuring 36 two and three-bedroom residences, these apartments are ideal for both first-home buyers and downsizers. Bloom on Wesley features the latest in architectural innovation with particular attention given to residential recreation; large entertainer’s balconies and open-plan…
House Prices See ‘Subtle Rise’ Across Most Capital Cities
Australia’s house prices look to be stabilising with five of the eight capital cities recording a slight rise in values over the month of July, a trend signalling further signs the housing market recovery is becoming more broad based. Australia’s two largest cities primarily led the turnaround, with a 0.3 per cent rise in Sydney…
