Only two luxury four-bedroom absolute riverfront apartments at The Boatyard Bulimba remain on Brisbane’s high-end residential market, with recent sales to a local downsizer and another selling sight unseen to an interstate home buyer.
As prestige property buyers snap up Brisbane’s luxury homes, demand for north aspect absolute riverfront apartments in boutique low rise developments is intensifying. A large premium four-bedroom apartment right on the Brisbane River at The Boatyard Bulimba has sold sight unseen for $1.9 million to a Sydneysider who is among the growing number of southerners relocating north for a more favourable and affordable lifestyle.
The luxury four-bedroom family-sized apartment with a butler’s pantry, multipurpose room and generous entertainer balcony boasting direct river frontage has been purchased well below the price of similar waterfront properties in Sydney and Melbourne. Another absolute riverfront apartment at The Boatyard Bulimba was sold to a local purchaser from nearby Balmoral who is downsizing for a low maintenance lifestyle and water views.
The remaining two riverfront four-bedroom apartments on the Brisbane River are hot property, with recent sales contributing to market growth putting Brisbane at the top of the nation’s prestige property charts. The Sydney resident who purchased one of the luxurious four-bedroom riverfront apartments at The Boatyard Bulimba did so without physically stepping foot inside the building, with the purchase process assisted by sales agent TOTAL Property Group via virtual tours and onsite video conference inspections.
TOTAL Property Group Managing Director Adrian Parsons, who is managing the sales of the remaining apartments at The Boatyard Bulimba, said livability, affordability and the opportunity to move closer to family were key drivers for the new resident relocating from Sydney. “The Boatyard Bulimba exceeds expectations with its prime riverfront location, house-sized apartments featuring panoramic water views and a high level of luxury offering a desirable lifestyle,” he said.
“We have been receiving a significant number of enquiries from property buyers both here in Australia and expats returning from overseas who are looking at Brisbane’s high-end property market, which offers more value for the price. Prestige property buyers are looking at Brisbane as a highly desirable place to live now that people are rethinking the way they work and finding they have the flexibility to choose a location that offers them a better work-life balance.
“The Boatyard Bulimba is prime real estate for people wanting space, style and water views without the responsibility of maintaining a house and yard. With only two remaining, these large four-bedroom family-sized apartments with open-plan living and dining areas, a separate multipurpose room, a butler’s pantry and generous entertainer balconies with direct river frontage, secure car parking and private lockup storage, won’t be on the market for long.”
The Boatyard Bulimba is within walking distance of the famed Bulimba village hub with boutique shopping, dining and entertainment, and Brisbane City and Southbank are just a few kilometres away and an easy ride on the ferry.
Luxury property developer HG Developments worked with award-winning architect firm BVN to design The Boatyard Bulimba as the ultimate in prestige riverfront apartments that set the benchmark for waterfront living. “The Boatyard Bulimba embodies the essence of life on the water with a focus on seamless luxury and an abundance of space while encapsulating Bulimba’s prestigious locational attributes,” HG Developments Director Simon Gundelach said.
“We’ve developed The Boatyard Bulimba as four separate buildings with only two apartments on each floor, designed to take in the northern aspect and views out over the Brisbane River to Hamilton, capturing light and breezes while providing space and privacy.”
In addition to the two remaining 171 sqm riverfront apartments with four bedrooms and an additional media room priced from $1.95 million, there is only one spacious two-bedroom apartment with a 108 sqm floorplan, priced at $805,000, that remains on the market.
For sales information or to inspect, phone TOTAL Property Group on 1300 393 855 or visit www.theboatyardbulimba.com.au
