BUYERS VIE FOR PIECE OF BRISBANE UTOPIA

Written on the 6 November 2015

BUYERS VIE FOR PIECE OF BRISBANE UTOPIA A $180 MILLION Fortitude Valley apartment project is more than 50 per cent pre-sold in the weeks after its launch as buyers vie for a slice of inner-city living.

Utopia, launched to the market in late September, has sold 158 apartments to date and will rise 25 levels above 275 Wickham Street.

It is the first in a number of Brisbane projects by Sandt developments, headed by Bill Wang and backed by a consortium of foreign investors.

Sandt Developments sales manager Jeanette Jensen said the swift sales reflected buyers' urgency to purchase, and it was gaining traction with a range of buyer groups.

"It is visually striking and has forward thinking features such as enclosable balconies and nano-coated glass technology which will reduce UV rays in apartments by 99 per cent," says Jensen.

"Buyers see the real value-add in this as it will provide necessary sun protection and will also reduce energy costs due to thermal insulation.

"Overseas buyers and locals alike appreciate the blue chip nature of the site.

"Both local and international buyers are being drawn in to the aesthetic features of the tower and the luxurious nature of the apartments too."

Utopia will comprise 300 high-end apartments primarily aimed at owner-occupiers and investors and will commence construction in the coming months.

Utopia's one-bedroom apartments are priced from $399,000 while the two-bedroom configurations are priced from $580,000.



Latest News

BELLAMY'S FINDS EXPORTING BABY FORMULA INTO CHINA IS NO CHILD'S PLAY

BELLAMY'S (ASX: BAL) shares have suffered a 40 per cent drop in value today after the company hit a regulatory...

BRISBANE WATCH BRAND ADINA AIMS FOR ICONIC

ADINA watches is at a turning point in its history, 45 years after being founded by Robert 'Bob' Menzies i...

WHY YOU SHOULD CARE FOR YOUR BODY AS MUCH AS YOUR BUSINESS

ENTREPRENEURSHIP is a busy business. It can be all-consuming, but it is important not to neglect your health Y...

BULLETS BACK IN THE BUSINESS COMMUNITY

ALTHOUGH new to the current south-east Queensland sporting landscape, the Brisbane Bullets have a rich basketball ...

Related News

JB HI-FI IS THE GOOD GUY IN $870 MILLION ACQUISITION

ELECTRONICS giant JB Hi-Fi has formally completed its $870 million acquisition of home appliance chain The Good Gu...

ACCC ACTS AGAINST MERITON'S RIGGED REVIEWS

MERITON Property Services is under fire from Australia's main consumer watchdog, after it allegedly engaged in mi...

ACCC FIRES WARNING SHOT TO IVF PROVIDERS

IVF clinics have been put on notice by consumer watchdog, the Australian Competition and Consumer Commission (ACCC...

BIG W CEO QUITS AFTER 11 MONTHS

SALLY MacDonald has resigned as chief executive of BIG W ending her tenure at the helm of the struggling discount ...

Contact us

Email News Update Sign Up Contact Details

Subscribe to our mailing list

* indicates required
Email Format

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter