More than $13.5 million of apartments have been snapped up at Brookfield Residential Properties’ Link at Portside Wharf in less than nine months, with the building now completely sold out ahead of completion.
In total, 32 one bedroom apartments have sold since Link was launched to the market, with the four level building on track to be finished by early next year.
Link sits at the entrance to the waterfront boutique retail and residential precinct in Hamilton and features 522sqm of retail space on the ground floor.
Brookfield Residential Properties Regional Director Lee Butterworth said Link had predominately appealed to investors and first home buyers.
“Link presented the perfect opportunity for entry level buyers to secure a spot at Portside Wharf and enjoy the luxury lifestyle that comes with living atop a lively retail precinct,” he said.
“Savvy investors were also quick to move, snapping up the apartments in a matter of months to reap the financial benefits of providing renters a space with riverfront dining, boutique shopping and entertainment on their doorstep.
“The success of this project shows the strength of the market in general, and in particular, of the market at Portside Wharf.”
Mr Butterworth said although Link was now sold, there were still four apartments remaining in the completed Promenade building and opportunities in the latest development, Pinnacle, which is now more than 60 per cent sold.
“For those wanting to take advantage of the unique living opportunity on offer at Portside Wharf, Pinnacle is under construction and due for completion early next year,” he said.
“Pinnacle is our premier residential development occupying a prime river fronting position with more than 70 per cent of apartments boasting Brisbane River views that can never be built out.
“Pinnacle will be finished to the highest standards with stone bench tops, European appliances, high ceilings and floor to ceiling windows that have been designed to capture the best of the views and breezes.”
Pinnacle has achieved $80 million in sales and has sold out of one bedroom apartments with just one penthouse, six River Terraces, a handful of three bedroom and a good mix of two bedroom apartments remaining.
The 15 level building has 162 one, two and three bedroom apartments, penthouses and terrace homes, all with secure car parking, and residents will have exclusive use of a rooftop infinity pool, entertainment and barbeque area and gymnasium.
Portside Wharf is home to more than 35 boutique retail and restaurants, including some of Brisbane’s best riverfront fine dining and entertainment including a Dendy Cinema.