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Residential

Mango Hill’s $10m terrace house collection

Moreton Investor

The Capestone masterplanned community in Mango Hill will receive a $10 million terrace home collection by Vantage Buiding Group.

The Fusion project will include 24 freehold title, two-storey terraces surrounded by wide streetscapes and located close to a future 13ha lake.

Vantage partner Ashley Nankervis said there had already been strong interest in the homes which start at $429,600.
“The Fusion range of housing provides architecturally designed, three-bedroom, two-bathroom homes that are well positioned and priced in the market,” he said.
“The newly opened Mango Hill railway station is a short walk away and offers residents who work in the Brisbane CBD an easy, 40-minute commute.
“The estate is also only a few minutes drive to the myriad of retail and entertainment options of Westfield’s newest shopping centre at North Lakes as well as IKEA and Costco.”
Mr Nankervis said Fusion was close to North Lakes Business Centre and the growing industrial precincts at North Lakes, Brendale and Strathpine.
“There is strong employment growth forecast in Mango Hill across retail, commercial, industrial and health sectors,” he said.
“More than 26,000 new jobs have been forecast given the proximity to hospitals, associated health facilities as well as the range of local shopping and retail amenities.”
State and private schools are close to the project and St Benedict’s Catholic College is within walking distance.
There is also easy access to Capestone Boulevard and the surrounding facilities.
Construction on the project is expected to start this month.

Original article published at www.couriermail.com.au by Paula Shearer, News Corp Australia Limited, 9.6.16

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Gold Coast

Townhouse-style dwellings set for Burleigh Heads site

Townhouse-style dwellings set for Burleigh Heads

Burleigh Heads is one of the most popular suburbs across the whole of the Gold Coast when it comes to multi-res apartment developments.

Given how in demand higher density projects are, it’s rare to see a boutique project in the pipeline.

A recent development application lodged by K2H Developments, in a joint venture with Golconda Property Group, will see just four townhouse-style dwellings created at 8 Bullimah Avenue – just one street back from Tallebudgera Creek and just the other side of the Gold Coast Highway from Burleigh Head National Park.

They will be built on the 550 sqm site and will each have three-bedrooms and two-bathrooms across the three levels, as well as a garaging for two cars.

“Each dwelling has been carefully designed to make the best use of the site whilst enhancing the visual appreciation of the site,” UPS said in their development application documents.

Designed by Mi Design Studio, the ground floor will include the garage of each unit and a mud room and store area. The rear of each residence will also include the bin store and clothesline and a small landscape strip.

Each dwelling is benefitted by their own separate access with unit one with its own private access from a separate entrance off Bullimah Avenue and unit four accessed from the rear. Each dwelling has access to the floors above by way of stairs and lift.

The first floor will home the three-bedrooms and two-bathrooms, including an ensuite, with the second-floor featuring the living, kitchen and dining areas, following an open-plan layout that flows seamlessly onto the adjoining balcony areas.

The roof terrace will be open in nature, providing a private open space for the occupants of each dwelling, benefiting from views around the site. The space will also include a stairway, lift, powder room and laundry.

Each unit has a north-eastern aspect with units one and four also benefitting from aspects to the east and north-west respectively.

Benefiting from close proximity to a number of public transport, retail, dining, education and entertainment options, the site is within walking distance to the Koala Park neighbourhood centre, just 1.2-kilometres to Stockland shopping centre and 100-metres from a bus stop along the Gold Coast Highway.

Article source: www.urban.com.au

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Commercial

Double Bay mansion hits market with jaw-dropping $28 million price guide

Double Bay mansion hits market

A sprawling mansion in Double Bay has hit the market with an eye-watering $28 million price guide.

Representing one of the largest private landholdings in the uber-affluent locale, 11 Pinehill Avenue is being offered for sale for the first time in over 50 years.

The staggering abode is spread over a scarcely believable 2300-square-metre parcel of blue-chip land, tucked away at the end of a quiet, leafy cul de sac.

The main residence is a breathtaking two-story Federation home with great bones and a resoundingly charming aesthetic.

Boasting a total of six bedrooms and four bathrooms, the abode’s interior has, however, been refurbished and redesigned to present as a much more contemporary and functional proposition.

Features include an expansive formal lounge area, formal dining room, a bar, wine cellar, study, library, professional kitchen, and a master suite with his and hers walk-in robes.

Outside, manicured grounds and established flora are complemented by an expansive pool, spa and lounge area, as well as a lock-up two-car garage.

The eye-watering asking price may sound patently absurd to some. However, considering Double Bay’s median house price currently sits at a not unsubstantial $6.5 million, just the sheer size of the block is probably enough to warrant an asking price nearly four times as much as the median.

And, according to Domain’s data, the platinum postcode’s property witnessed skyrocketing values over the course of 2021, up 52.4 per cent compared to 2020.

So, there’s every chance that, if things in Australia’s hottest property market keep going the way they have been, 11 Pinehill Avenue may well be worth a lot more in just a few short years, crazy as that may sound.

 

 

Article source: www.domain.com.au

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Developments

Developer Tests Depth of Albion Apartment Market

Albion Apartment Market

Arden Property Group has lodged plans for an eight-storey apartment tower next door to its Jade apartments development on Burdett Street at Albion.

Euroa is a 76-apartment development on a 2676sq m site, which the developer bought in 2017 for $3 million.

The Altis Architecture-designed tower is on the corner of Burdett Street and Crosby Road, with views over Crosby Park, a proposed Olympic sporting precinct for the 2032 Games.

According to planning documents the development pays homage to the industrial history of the site and the Albion precinct.

“The proposed design has taken a sensitive approach in respecting the industrial heritage significance of the existing site,” the report said.

“The distinct angular roof form and brick palette of the existing industrial building have been reflected in the proposal by incorporating brick feature walls and overclad elements along the street frontage within the planting areas.”

The tower would comprise 19 one-bedroom apartments, 22 two-bedroom apartments, and 35 three-bedroom apartments with a communal rooftop area for residents with a rooftop pool, daybed area, and lounge and views over Brisbane’s evolving skyline.

The architectural design statement said the design outcome would improve street activation, as well as complement and enhance the medium density typology of Albion and leave a “compelling and long-lasting legacy of architectural expression”.

Hoarding has been up on the site for some time, and it comes off the back of Arden Property Group’s four-building 369-apartment Jade development next door.

Arden Property Group’s Jade development won approval in 2014, and was the first major residential development in Albion’s industrial precinct.

Meanwhile former FKP executive director Philip Parker owns a significant stake in the Albion precinct, with storage sheds on Burdett Street and industrial sheds fronting Crosby Road in his portfolio.

 

Article source: www.theurbandeveloper.com

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