ALDERLEY PRIME FOR APARTMENT SALES

Written on the 16 April 2015

ALDERLEY PRIME FOR APARTMENT SALES

MOSAIC Property Group is banking on the burgeoning popularity of Alderley, with the launch of Botanica on Quarry.

The developer is hoping the luxury boutique offering will capitalise on the Brisbane suburb's future as a "leading blue chip city fringe" area.

Brisbane City Council's Suburban Centre Improvement Project (SCIP) has transformed Alderley with a $5.3 million upgrade to the shopping centre, improved streetscapes and expanded bicycle facilities.

Botanica on Quarry director of sales Anthony Hancock says pre-launch interest has signalled that the development will likely sell out fast.

"Botanica is the second of two key projects for Mosaic at Alderley, following the success of Cove on Camborne selling 100 per cent of apartments within the first six weeks," Hancock says.

"Over the past 15 years, Brisbane's city-fringe suburbs have demonstrated stronger capital growth than the CBD, with an annual growth rate of 6.6 per cent, compared to 5.5 per cent in the CBD fringe area."

The development will consist of 13 two and three bedroom apartments priced from $510,000.

Mosaic Property Group managing director Brook Monahan says Botanica on Quarry is set to benefit from the significant investment in the area.

"Botanica will infuse Alderley's booming market with its architectural prowess, offering functionality and affordability in stylish, contemporary apartments, six kilometres from Brisbane's CBD, 500 metres from Alderley train station and minutes from more than 30 hectares of parklands," Monahan says.

"Featuring fully air-conditioned, spacious, open plan apartments up to 159 square metres, Botanica offers residents the opportunity to entertain friends and family on large, private balconies.

"Residents at Botanica will also enjoy access to luxurious lobby designs, secure garage and stunning views of Brisbane's skyline and surrounding areas."

Construction is scheduled to commence in June, with the first settlements anticipated in April 2016.


Latest News

APOLLO REVS UP ITS RESULTS

APOLLO Tourism & Leisure (ASX: ATL) has hit its profit forecast in its maiden result as a publicly traded company...

JASMINE YARBROUGH AND TAMIE INGHAM TAKE MARA & MINE TO HOLLYWOOD

MARA & MINE entrepreneurs Jasmine Yarbrough and Tamie Ingham (pictured left and right respectively) slipped in...

HUGE PROFIT SPIKE FOR HELLOWORLD HEALS MERGER WOUNDS

HELLOWORLD (ASX: HLO) gripped the share market this morning after its announcement of a whopping 880 per cent increas...

PROFIT DROP AT SERVCORP

SERVICED office company Servcorp has seen its profit fall, citing New York City, Singapore and Saudi Arabia as the pr...

Related News

WHY EMPLOYEE-OWNED COMPANIES ARE BEATING ASX200 SHARE PRICES

EMPLOYEE-owned companies command a higher share price than their publicly listed peers, reaping a 17 per cent prem...

RISE OF THE MACHINES HAS WORKERS SWEATING

UP TO 3.8 million Australian workers are fearful their job may soon be terminated by a robot, a new survey has shown....

LESS TALK, MORE SMALL BUSINESS ACTION IN 2017

THE future growth and prosperity of Australian SMEs could be undermined if governments lose sight of the sector...

TEST DRIVE A POST GRAD AT BOND

THERE'S only one way to really move your career into the fast lane, says Bond University, and 'test driving...

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter