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…
5 deposit hacks to help first home buyers save
Saving up the deposit for your first home can sometimes seem like an insurmountable challenge. But like most mountainous climbs, if you have done your research, know how to get there, understand what it takes to get there and know where the top is, you will reach the summit. Whether you are saving as a…
Magnolia Residences, Summerlin Banyo – Construction Update – September 2019
September 2019 We are pleased to announce another great month of activity on site: • The roof was successfully installed allowing internal works to be accelerated. • Externally, rendering has been completed to the rear of the building and external painting has commenced. • Internally, tiling has commenced, and joinery is beginning to be installed…