The latest stage of Portside Wharf has just been completed!
The 15-level Promenade Hamilton Apartments is now finished and the first residents have begun to move in to their new apartments, which offer spectacular views of the Brisbane River and surrounding Hamilton precinct.
Promenade features 172 residences, which are 80 per cent sold, along with a ground-floor retail precinct, which will include chocolate bar Max Brenner and Ginga Japanese Restaurant, both due to open soon.
It is the fourth residential building to be completed at Portside Wharf, with apartments in the building selling for between $381,000 and $1,395,000, and remaining apartments priced from $425,000.
Brookfield Residential Properties project director Lee Butterworth said the completion of Promenade would add a new vibrancy to the Portside Wharf precinct.
“The popularity of Portside Wharf has grown exponentially since we completed the first stage in 2006 and the opening of Promenade is the next phase in that growth,” he said.
“As such, it has also become the beating heart of the entire Northshore Hamilton riverfront precinct and we expect it will only continue to gain momentum over the coming years as further surrounding development takes place.”
Mr Butterworth said construction of Promenade, undertaken by Brookfield Multiplex, took about 18 months to complete and generated more than 450 construction jobs.
“Promenade has predominately attracted buyers from the surrounding region who are looking to make the move into their new apartment,” he said.
“While many of these plan to relocate to Promenade straight away, others have secured their apartment now with a view to move to the development down the track when they are ready to downsize from the family home.
“They recognise there is only a finite supply of apartments available on Brisbane’s riverfront and, given historic demand for waterfront property, the opportunities may be few and far between in the future.
“They want to get in now to secure their choice of apartment, and at today’s values.”
Mr Butterworth said both owner-occupiers and investors had been attracted to the development because of its location above such a strong mix of amenities, six kilometres from the Brisbane central business district, near the motorway and major arterial roads and the Brisbane International and Domestic Airports.
“In terms of location, Promenade really does tick all the boxes,” he said.
“There are very few projects anywhere in Brisbane, and indeed further afield, that boast a riverfront position with so much literally at the doorstep or in such easy reach.”
Display apartments, furnished by interior design house Coco Republic, are now open at Promenade. For further information, visit the Portside Wharf Sales & Information Centre in the Portside Wharf Plaza, at 39 Hercules Street, open between 10am and 4pm daily, call 07 3630 1666 or visit portsidewharf.com.au