SOUTH BRISBANE HITS PROPERTY HIGH NOTE

Written on the 2 September 2014

SOUTH BRISBANE HITS PROPERTY HIGH NOTE OPERA is about to hit a $100 million high note in Brisbane with the help of Abcor Property Holdings.

The Melbourne-based company is developing a $100 million apartment project, Opera, at 47 Cordelia Street in south Brisbane.

The 16-level building will host 182 one, two and three-bedroom apartments, and is Abcor Property Holdings first dabble in the Brisbane market.

Colliers International marketing agent Andrew Scriven says the area is currently the hot spot for residential development and investment, ideal for inner-city workers.

“We are expecting interest from local and interstate investors keen to tap into a high yield rental area that is sought-after by tenants,” says Scriven.

“Apart from being a short walk from the CBD, south Brisbane is the cultural, entertainment and dining epicentre of Brisbane.

“It is also serviced by multiple modes of public transport, making it a preferred residential area.

“For these reasons South Brisbane is currently the hot spot for residential development and investment in Queensland.”

The apartments are priced from $375,000.

The development will be fitted with onsite leisure facilities such as a rooftop pool and entertainment area with Brisbane skyline views.

“As Opera’s pricing demonstrates, good design does not have to cost more,” says Scriven.

The Opera sales office is under construction onsite and will open in late September.



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