Buyers have a renewed thirst for Brisbane riverfront property, with 12 absolute waterfront apartments in the Pinnacle development at Portside Wharf selling for a combined $10.26 million in just two weeks.
The luxury waterfront apartment spending spree tips total sales in Pinnacle – the sixth residential stage of Portside Wharf – past the $100 million mark and takes total sales at Portside Wharf to more than $520 million.
The sales are on the back of the launch of five new display apartments and include eleven, two bedroom apartments which sold for between $610,000 and $850,000 and a penthouse worth $1.86 million, leaving just one penthouse remaining for sale alongside four River Terraces and a mix of two bedroom apartments.
The buyers were a combination of owner occupiers and investors, with the majority from the local area looking to upgrade to a brand new riverfront address in the blue chip suburb of Hamilton with Portside Wharf’s host of shopping, dining and lifestyle amenities at the doorstep.
Brookfield Residential Properties General Manager Lee Butterworth said the completion of Pinnacle in April this year sparked a surge in buyer enquiry and sales had spiked since the opening of the new display apartments.
“Pinnacle has recently opened five new display apartments – one River Terrace and four, two bedroom apartments – which have created a lot of interest and contributed to the spate of sales we have had recently,” he said.
“The displays are located on varying levels to showcase the different vistas and give prospective purchasers a feel for what it would be like to call Pinnacle home.
“There is also a sense of urgency because people can see that opportunities to purchase a brand new, built apartment at Portside Wharf are limited.”
Pinnacle commands a prime riverfront location in the sought-after suburb of Hamilton and boasts a great mix of floor plans with something to suit every buyer and budget.
Each apartment in Pinnacle consists of superior features and fittings with European appliances, integrated dishwasher and microwave, ducted air-conditioning, high ceilings, high quality wool carpets, floor to ceiling windows, ample storage, intercom security and secure car parking, with many apartments also boasting stunning river and city views.
The building has a rooftop, infinity-edged lap pool that is surrounded by a large timber deck with ample space for relaxation and lounging, and a barbeque area with a generous roof overhang to provide shade.
Mr Butterworth said Pinnacle’s lower levels connected seamlessly with the retail precinct, the wharf and the river, but the building’s rooftop was designed as a private sanctuary above it all for residents.
“The rooftop has been reserved for more private activities such as the pool and gymnasium, with spectacular views back over the city and to the northern suburbs,” he said.
“This area has become a social hub for residents who take advantage of the space for regular catch-ups, creating a real sense of companionship and community.”
For further information, visit the Portside Wharf Sales and Information Centre in the Portside Wharf Plaza, at 39 Hercules Street, open between 10am and 4pm daily, call 07 3630 1666 or visit www.portsidewharf.com.au.