Construction is complete on the first building of Brookfield Residential Properties‘ luxury apartment project, Gallery House, on the Hamilton riverfront, with the second building on track for completion later this year. The $271 million dual-tower project comprises 315 premium apartments and penthouses and occupies an absolute waterfront position with uninterrupted views of the Brisbane River and…
Magnolia Residences, Summerlin Banyo – Construction Update – October 2019
OCTOBER 2019 The building crew worked hard in September and the following milestones were achieved: • Externally, rendering and painting has been completed to the rear and ends of the building with scaffold having been removed in these areas. • Internally, tiling, joinery and painting is complete to the ground floor units. Tiling, and joinery…
Queensland’s first ‘Coles Local’ featured in 89 Adelaide St refurb
A development application has been submitted for the refurbishment of the podium of 89 Adelaide Street. The proposed development seeks to retrofit the existing vacant tenancy on level 1 with Queensland’s first ‘Coles Local’ supermarket, a new boutique brand of Coles. The Albert Street store which is proposed to be 1,643sqm would become the second…
Developer almost recoups purchase costs with just two $7m sales
The final penthouse at The Oxlade has sold for $7 million – less than three years after the developer behind the project snapped up four vacant lots for $17.35 million. A render of the penthouse at The Oxlade. Supplied. It was bought by a local buyer, with the luxury development by the Seymour Group expected…
Brisbane real estate: Resilient but ‘significant’ price growth ahead
Brisbane has beaten its two biggest rivals to record house price growth at a time when the nation’s housing market was in the doldrums. The latest Real Estate Institute of Queensland Market Monitor, released today, shows the annual median house price for the Brisbane local government area rose 0.7% in the 12 months to June…
Construction start on Maasra
Demolition works have begun on a 4,000 sqm site in Brisbane’s city-fringe suburb of Coorparoo that will make way for the $101 million Maasra Apartments development. Designed by HAL Architects, the high end, mixed use residential building is being developed by Karam Group and will have 102 apartments across eight floors, retail and a restaurant…
