BROOKFIELD LAUNCHES MOST LUXURIOUS PROJECT IN QLD YET

Written on the 8 June 2016

BROOKFIELD LAUNCHES MOST LUXURIOUS PROJECT IN QLD YET

BROOKFIELD Residential Properties will tap into increasing demand for waterfront property with the launch of a new $144 million development in Brisbane.

Gallery House will comprise one, two and three-bedroom apartments and penthouses across 20 levels near the developer's residential community Portside Wharf in Hamilton.

Brookfield Residential Properties general manager Lee Butterworth says the project was expected to attract luxury buyers and investors.

"Gallery House will set a new standard in apartment living in Hamilton and become the most luxurious property in Brookfield's Queensland portfolio," Butterworth says.

"We have worked closely with renowned architect, Cottee Parker, to design a building that connects with the river and emanates a sense of tranquillity and warmth.

"While Gallery House will cultivate a relaxed lifestyle, its location within Northshore Hamilton and proximity to Eat Street Markets and restaurants, retailers and conveniences of Portside Wharf, means residents will also enjoy the connectedness of an inner-city suburb."

Gallery House will feature three collections offering different features and finishes to appeal to investors, young professionals, families or retirees.

The Sky Collection on the top five levels all have at least three bedrooms with many also including a multipurpose room.

The River Collection spans 12 levels with either two or three bedrooms and two car spaces, while the City Collection is made up of one and two bedroom apartments with balconies. Apartments start from $362,000.

Butterworth says the success at Pinnacle at Portside Wharf demonstrates demand for high-end apartments in the area.

"After strong sales in Pinnacle, Brookfield Residential Properties has decided it is the right time to release our next riverfront residential development," he says.

"Gallery House will focus on the owner-occupier market but will have enormous appeal to astute investors looking for a premium product.

"We expect to see a lot of interest in the coming weeks through our registration of interest campaign as we prepare to bring the property to the market."

Gallery House will become Brookfield's seventh apartment project in Northshore Hamilton.

 


Latest News

BUSINESS CONFIDENCE AT A SIX-YEAR HIGH

SMALL and medium businesses have entered 2017 with their confidence at a six-year high, building on strong gains m...

CRITICS CALL FOR MORE INDEPENDENT DIRECTORS ON BLUE SKY BOARD

BLUE Sky Alternative Investments (ASX: BLA) has defended its governance and valuation processes in response to severa...

BEGA PAYS $460 MILLION FOR VEGEMITE TO BRING THE ICONIC BRAND BACK UNDER AUSTRALIAN OWNERSHIP

VEGEMITE is back under Australian ownership after Bega Cheese (ASX: BGA) agreed to buy Mondelez International's A...

GUVERA ESCAPES WIND-UP ORDER

GUVERA has avoided being wound up after a claim for a $1.78 million debt by Kwong Properties was dismissed at the ...

Related News

BUSINESS CONFIDENCE AT A SIX-YEAR HIGH

SMALL and medium businesses have entered 2017 with their confidence at a six-year high, building on strong gains m...

CONSUMERS PESSIMISTIC ENTERING 2017

CONSUMER confidence remains at its weakest point since April 2016, according to the latest Westpac Melbourne Institut...

RISE OF STARTUP SUPPORT PROGRAMS NOT AS ROSY AT IT SEEMS

ENTREPRENEURIAL cultivation companies in Australia are appearing quickly, but questions have been raised about whe...

SMES TAKE RETAIL MARKET SHARE AS CONSUMERS CHOOSE PERSONALISATION

IN a battle for the hearts and wallets of Australian consumers, it appears that small and medium retail businesses...

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter