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Newstead’s riverside location is a major drawcard and one that attracted the Mirvac property group for its latest project, Unison. Photo: Supplied
In the 1800s, the Brisbane suburb of Newstead was perfectly placed to become a commercial hub for the city.
Set on the Brisbane River, goods boats could load and unload their wares and the suburb soon became a centre of industry, populated with timber yards and wool stores, where the wharves and wharfies needed to shift the goods.
Today there are remnants of its industrial past, the old gasworks gas holder is just one example; and the area, once a place to be avoided, is abuzz with trendy retail outlets, multiple dining precincts and modern apartment developments.
Its riverside location is a major drawcard and one that attracted the Mirvac property group for its latest project, Unison.
Mirvac Queensland Residential General Manager Warwick Bible said while Unison had appealed to a range of buyer groups, a significant proportion of sales had come from buyers in the local area looking to make the switch to apartment living.
“We’ve seen a clear trend towards functional apartment living from buyers currently residing in more traditional dwellings within Brisbane’s inner-north suburbs,” he said.
“Unison has been very popular with Brisbane buyers, demonstrating the vast appeal Unison holds for those who don’t want to compromise on size or quality to get the benefit of apartment living so close to the CBD.”
Two such buyers are downsizers Graham and Dianne Loy, who moved into a Unison apartment after selling their Wakerley home, about 20km away.
“In addition to its low-maintenance layout and amazing views, the apartment is considerably larger than anything we’d ever expected to have in such a central location and the quality of our fixtures, fittings and appliances is second to none,” Mr Loy said.
Prices for the one, two and three-bedroom apartments at Longland St, Newstead, start at $615,000.
For more information visit unison.mirvac.com
Corner Stone, COOPERS PLAINS
The Cornerstone Living Project is the largest suburban renewal project undertaken in Queensland.
Property is moving quickly in Brisbane and values are rising best in suburbs within 15 kilometres of the city’s CBD, especially those boasting a direct rail connection as opposed to having to tackle a busy, peak-hour drive.
Coopers Plains, 12km south of the city, offers a host of other advantages to attract the attention of both buyers and investors, not least of which is its position within the catchment of both the QEII Jubilee Hospital and Griffith University Nathan Campus, as well as the job hub of Acacia Ridge.
Apart from the added advantage of direct rail links to Brisbane and south to the Gold Coast, Coopers Plains also offers an established retail and commercial infrastructure and is close to the property “hot spot” of Sunnybank and its superb Chinese and SE-Asian food scene.
These are all reasons why a site between Coopers Plans and Sunnybank was chosen as the site of the Cornerstone Living Project, the largest suburban renewal project undertaken in Queensland.
The $600 million residential community covers 10 hectares and is taking the form of a complete neighbourhood, with architecturally designed apartments and town homes, green space, bike tracks, community garden and on-site café. More than 200 apartments and town homes have been built, with an eventual target of 1200 by 2022.
The development is aimed at first-home buyers, current, larger property holders wishing to downsize and investors keen to take advantage of rental interest from large education and employment hubs.
Phase One has already been sold out. Phase Two, between Boundary Road and Breton Street, Coopers Plains, is now selling with two-bedroom apartments from $399,000 and town homes from $449,000.
Details are available from the Cornerstone sales office at 88 Troughton Road, Sunnybank (open 10am to 4pm Wednesday to Monday) or by calling 1300 301 774. Online: cornerstoneliving.com.au
As far as residential property developments go, Brookwater is on par with the best community projects going.
It’s one of six suburbs that make up the Greater Springfield precinct south-west of Brisbane and about 30 minutes’ drive from the city’s CBD.
Set on Queensland’s number one-rated golf course, designed by Greg Norman, Brookwater is positioned in the marketplace to cater for the second and third-home buyer.
Brookwater general manager Nick Kostellar says there are several factors that set Brookwater apart from other residential communities.
“One is the golf course and the golf course amenity,” he says.
“Another is that 45 per cent of Brookwater is dedicated to open space, including the golf course and nature reserves, and this is one of the main reasons that people choose to live here and raise their families here.”
Land sales make up the bulk of Brookwater but for buyers who have an idea of what their dream home will look like, or for those who haven’t any idea, there is an in-house architect who can help make their plans a reality.
Mr Kostellar says land prices range from $325,000 up to $612,000, with an off-course block going for between the mid to high $300,000s and on-course lots selling from between $450,000 and $480,000.
“We also have a body corporate scheme, the Home Owners’ Club, that maintains all the common property, all the entry statements, the streetscape amenities and parks and also the security throughout Brookwater.”
For more information about Brookwater visit brookwater.com.au