BUYERS SNAP UP APARTMENTS AT LINK

Written on the 8 October 2014

BUYERS SNAP UP APARTMENTS AT LINK

A DEVELOPMENT at Portside Wharf has sold out ahead of completion, with investors and first-home buyers snapping up more than $13.5 million in apartments.

Brookfield Residential Properties’ Link building is expected to open early next year, with 32 one bedroom apartments across four levels attracting buyers.

Regional director Lee Butterworth says the retail and residential development’s location in Hamilton was a key selling point.

“Link presented the perfect opportunity for entry level buyers to secure a spot at Portside Wharf and enjoy the luxury lifestyle that comes with living atop a lively retail precinct,” Butterworth says.

“Savvy investors were also quick to move, snapping up the apartments in a matter of months to reap the financial benefits of providing renters a space with restaurants, boutique fashion and entertainment on their doorstop.

“The success of this project shows the strength of the market in general and in particular of the market at Portside Wharf.”

Butterworth says there are apartments still available in the Promenade building and latest development, Pinnacle.

Pinnacle looks to be following suit to Link, with $80 million in sales while still under construction.

Butterworth says the increased infrastructure spend from the government would generate further interest.

“The Queensland Government is investing around $650 million to turn Kingsford Smith Drive into a six lane boulevard through to Newstead with a pedestrian, walking and cycle track crossing the river,” he says.

“An enormous infrastructure investment like this demonstrates absolute commitment by the government, ensuring Northshore Hamilton continues to grow as Brisbane’s largest master planned, integrated residential community and urban renewal project.”


Latest News

2017 BRISBANE TOP COMPANIES REVEALED

WHILE Queensland is regarded as an economy in transition with the winding down of the mining boom, the 2017 top 50...

2017 BRISBANE TOP COMPANIES 1-10

FROM insurance and banking to travel, gambling, retail, property and pizza, these "heavyweights" have ha...

2017 BRISBANE TOP COMPANIES 11-20

RETAIL, property, an airline, cars, real estate, software services, energy, agriculture, veterinary services bathr...

2017 BRISBANE TOP COMPANIES 21-30

JEWELLERS Michael Hill International listed in 2016 with a half-billion dollar market capitalisation and a new CEO...

Related News

FURNITURE DISRUPTOR SET TO SHARE HIS ONE OF A KIND BUSINESS MODEL

IT'S no secret that Australians love homemaking. Their ceaseless quest to create the perfect place to call hom...

WEEDING OUT THE ASX'S BURGEONING CANNABIS TREND: 8 COMPANIES TO WATCH

A NICHE is budding on the ASX in the form of medical cannabis, an industry which has been on the country's rad...

FRESH CLASS ACTION TO REVEAL ANOTHER SIDE OF SLATER AND GORDON DOWNFALL

ACA LAWYERS has issued a formal letter of demand to Andrew Grech (pictured), managing director of Slater and Gordo...

STARSHIPS WERE MEANT TO DELIVER DOMINO'S PIZZA

NICKI Minaj may have been off the mark when she declared 'starships were meant to fly'. However, she m...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter