Melbourne developer Spacious Group has completed Voyage Altona, one of the closest new apartment developments to Altona Beach.

Off the plan purchasers have started moving into the 49-apartment project on Pier Street, with the remaining move-in-ready one-, two- and three-bedroom apartments starting from just over $500,000.

Display apartments have now been fitted out, allowing prospective buyers to inspect the completed residences by appointment.

[smartcode_project:default project_id=112195 project_image_fid=372638]

The completed apartments feature open-plan living and dining areas which extend onto private balconies and terraces, while full-height glazing maximises natural light throughout the interiors.&nbsp;

Hybrid timber-look flooring, stone benchtops, Miele appliances, porcelain-tiled bathrooms and generous storage feature throughout the building which also features landscaped communal areas, expansive shared terraces, lift access and secure on-grade parking.

Drawing inspiration from its bayside setting, Voyage adopts a restrained palette of warm neutral tones and textured finishes. Many of the apartments take advantage of views across Port Phillip Bay, while the indoor-outdoor living spaces have been designed to make the most of the coastal outlook.

[smartcode_project:default project_id=112195 project_image_fid=3286]

Voyage was developed to address what Spacious Group identified as an undersupply of higher-quality apartment product in Altona, with a focus on owner-occupiers looking to remain within the bayside community.

"Voyage responds to very strong local buyer demand for quality, owner-occupier-focused product," says Barry Plant Projects Director Jarrod Farey, who has handled sales since the project's launch.

"The project delivers an elevated lifestyle proposition, with its design and quality of finish far exceeding anything previously produced in the area, as well as its proximity to Pier Street Village and the beach."

The majority of purchasers have been local downsizers and owner-occupiers looking to stay within the Altona community but who previously had limited opportunities to buy a brand-new apartment.

[smartcode_project_cta:default project_id=112195]

Joel Robinson

Spacious Group completes Voyage Altona in Altona's beachside precinct

Homecorp has secured approval for a $360 million apartment development at Budds Beach, paving the way for one of the Gold Coast's most amenity-rich residential projects to launch later this year.

Gold Coast City Council has approved Lýon Residences, a 32-level tower that will deliver 178 two and three-bedroom apartments across a prominent corner site at 8-10 Acacia Avenue and 25-27 Oak Avenue.

The approval comes as developers continue to invest in premium lifestyle-driven apartment projects on the Gold Coast, where owner occupiers are increasingly prioritising amenity as much as apartment size and location.

<a href="https://www.apartments.com.au/new-apartments/l-on-residences-25-27-oak-avenue-surfers-paradise-qld-4217">Lýon Residences</a> has been designed around a resort-style wellness offering, headlined by a Moroccan-inspired spa precinct featuring treatment rooms, a Nordic sauna and steam room, hot and cold plunge pools, a soaking pool and a residents-only juice bar.

The rooftop will include a heated infinity pool and spa, residents' lounge with private kitchen and bar, gymnasium, yoga and Pilates studio, outdoor entertaining areas and barbecue facilities overlooking the Surfers Paradise skyline.

<img alt="Lyon" data-entity-type="file" data-entity-uuid="2d3e29af-8793-486e-a684-52cef862241f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-15%20at%204.32.26%E2%80%AFPM.png?VersionId=ayG2zpLf3SS6Zy8XmKDcQods4kVWb0gm" />

Homecorp Founder and CEO Ron Bakir said Budds Beach provided the ideal location for the company's latest luxury apartment project.

"Budds Beach represents one of the most unique and sought-after pockets of the Gold Coast, and Lýon Residences has been designed to reflect that sense of rarity and refinement," Bakir said.

The project arrives as wellness continues to become a defining feature of new residential developments both in Australia and internationally.

The latest Global Wellness Institute figures show wellness real estate remains the fastest-growing segment of the global wellness economy and is forecast to exceed $1.8 trillion by 2030. Australia continues to rank among the world's 15 largest wellness real estate markets, with developers increasingly integrating health, recreation and community facilities into apartment projects.

Queensland is also experiencing strong population growth, with the Gold Coast continuing to outperform many other Australian cities as demand for new housing remains elevated ahead of the 2032 Olympic and Paralympic Games.

Bakir said the project had been designed to respond to that shift in buyer expectations.

"Strong population growth and sustained demand across the Gold Coast continue to highlight the need for well-designed new housing supply. Lýon Residences responds directly to this demand while setting a new benchmark for residential living," he said.

Each apartment has been designed to maximise views across the coastline, the Nerang River and the Gold Coast hinterland.

Located just minutes from Surfers Paradise beach and the Broadwater, the development also offers easy access to the light rail network, Broadbeach and Burleigh Heads.

Early site works are underway, with construction expected to commence later this year.

Homecorp approved for Budds Beach apartment tower, Lýon Residences

New apartment developments with uninterrupted, north-facing views over Perth's Swan River are exceptionally rare.

Recognising just how limited those opportunities are, <a href="https://www.apartments.com.au/developers/edge-visionary-living">Edge Visionary Living</a>, one of Perth's most respected builder-developers, targeted <a href="https://www.apartments.com.au/developments/applecross-wa-6153">Applecross</a>, assembling an unrepeatable 6,342 sqm riverfront site on the corner of Moreau Mews and Canning Beach Road to create one of Perth's only new north-facing apartment developments directly overlooking the Swan River.

Today, <a href="https://www.apartments.com.au/buildings/riviere-residences-applecross-59-canning-beach-road-applecross-wa-6153">Rivière Residences</a> offers buyers a unique opportunity to choose between completed residences ready to move into now and off-the-plan homes in the final stage, Rivière West.

[smartcode_project:default project_id=28384 project_image_fid=3823]

Across the completed East and Central buildings, residents are already enjoying the development's luxury amenity, while two of the precinct's hospitality venues are now open.

The completed component of the development gives buyers the advantage of experiencing the finished product firsthand, including its uninterrupted river views, while still having the opportunity to secure a residence in the final stage.

"People are wowed by the view and the quality of the apartments,"&nbsp;Edge Visionary Living Sales Executive, Holly McSweeney, says.

"They're looking for the convenience of lock-and-leave living, but they're not looking to downsize on quality."

[smartcode_project:default project_id=28384 project_image_fid=3826]

The rarity of the development hasn't been lost on prospective buyers, McSweeney says.

For McSweeney, it all comes back to a location that is becoming increasingly difficult to replicate.

"Location, location, location," she says. "We are nestled right on the front of the Swan River. You can never get built out, so wherever you are in Rivière Residences, you've got views of the river forever."

The unique waterfront position has resonated particularly strongly with local downsizers. McSweeney says many buyers are long-time Applecross residents looking to transition from large family homes into a luxury apartment without sacrificing space, quality or the lifestyle they've enjoyed for decades.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/N_FowNW0wu8?si=vb25XFq1wZ-iufAW" title="YouTube video player" width="560"></iframe>

A major focus for Edge in recent years has been resident amenity. Across its apartment portfolio, from beachfront developments in Scarborough to luxury towers in South Perth, the developer has increasingly invested in the spaces beyond the apartment itself.

The strategy has largely been shaped by downsizer demand. Many buyers are moving from large family homes with swimming pools and established gardens. While they're looking to leave the maintenance behind, they don't want to compromise on lifestyle.

At Rivière, <a href="https://www.apartments.com.au/architects/hillam-architects">Hillam Architects</a> designed the resident facilities as an extension of each apartment. A 25-metre heated swimming pool takes advantage of the north-facing river outlook, complemented by a large gym, sauna and steam rooms, private dining spaces, residents' lounges, a cinema, games room, and dedicated wine and whisky rooms.

[smartcode_project:default project_id=28384 project_image_fid=372542]

The waterfront location has also proved to be a major drawcard. Residents are within walking distance of the Raffles Hotel, South of Perth Yacht Club, the Heathcote Cultural Precinct and the cafés, restaurants and boutiques along Ardross Street.

Beyond the location and amenity, McSweeney says many buyers take confidence from Edge's fully integrated development model.

Having delivered apartments across Perth for decades, Edge now designs, develops and constructs its projects in-house, giving the company greater control over quality, delivery and the finished product.

"What I love is when people walk through their apartment for the first time and say, 'This is better than what we imagined,'" McSweeney says. "We hear that all the time."

Completed apartments in the East and Central buildings are now available to inspect by appointment, while Rivière West, the final stage of the precinct, is expected to be completed in the first quarter of 2027.

[smartcode_project_cta:default project_id=28384]

North-facing Swan River views drive demand at Rivière Residences in Applecross

Nearly 60 per cent of apartments at McNab Group's $220 million The Tannery development in Brisbane's West End have sold ahead of the project's public launch, including a suburb-record $2.57 million sale for a two-bedroom apartment.

The early sales campaign has secured buyers for 50 of the project's 87 apartments, highlighting continued demand for larger owner-occupier apartments that combine generous floorplans with premium lifestyle amenities in one of Brisbane's most tightly held inner-city suburbs.

[smartcode_project:default project_id=143337 project_image_fid=374768]

McNab Group Executive Chairman Michael McNab said selling more than half the project before launch reflected changing buyer expectations.

"Selling more than half the project before public sales open tells us buyers are actively seeking apartments that offer something genuinely different," McNab said.

"Today's buyers are looking beyond four walls. They want homes that genuinely enhance the way they live, with spaces that support health, connection and everyday wellbeing."

[smartcode_project:default project_id=143337 project_image_fid=374767]

A key point of difference for the project is the adaptive reuse of the heritage-listed Dixon's Tannery building, which will become The Retreat, a residents-only wellness precinct rather than being redeveloped into additional apartments.

The Retreat will feature a sauna and steam room, hot and cold plunge pools, a commercial-grade gym, Pilates studio, cinema, library, co-working spaces and private dining room. Rooftop amenities will include a swimming pool, landscaped gardens, outdoor entertaining areas and dog-friendly spaces.

[smartcode_project:default project_id=143337 project_image_fid=374760]

Designed by Cottee Parker Architects with interiors by Tom Mark Henry and landscape architecture by Aspect Studios, The Tannery comprises 87 two, three and four-bedroom apartments across 11 levels overlooking the Brisbane River.

Cottee Parker principal Dee Passenger said preserving the original tannery building had been central to the project's design.

"The easy option would have been to maximise the site's development potential with additional apartments. Instead, McNab has chosen to preserve the original tannery as a shared wellness retreat, ensuring this important piece of Brisbane's history remains at the heart of the community."

Passenger said sustainability also played a key role in the design, with materials from the original industrial site salvaged and repurposed throughout the development.

[smartcode_project:default project_id=143337 project_image_fid=374761]

Motiv CEO Carly Cottam said buyers had responded strongly to the combination of larger apartments, wellness facilities and the West End lifestyle.

"We are seeing more buyers looking for homes in the sky that provide the space and functionality of a traditional home, while benefiting from the convenience and lifestyle that apartment living brings," Cottam said.

She said purchasers included both owner occupiers and investors, with demand coming from local buyers as well as interstate purchasers.

Coinciding with the public launch, McNab also announced a partnership with Queensland Ballet, whose neighbouring Thomas Dixon Centre shares historical ties with the original Dixon family.

Located on a 4,465 sqm site at 439 Montague Road, The Tannery overlooks the Brisbane River and is around 10 minutes from the CBD.

Construction is underway, with completion expected in the second half of 2027.

[smartcode_project_cta:default project_id=143337]

More than half of residences sold before public sales as McNab announces significant partnership with Queensland Ballet

McNab's The Tannery nears 60 per cent sold before public release, sets two-bedroom West End record

Iwan Sunito's vision for a landmark mixed-use precinct in Sydney's Inner West has taken a major step forward, with approval granted for the $1.9 billion Five Dock development first unveiled earlier this year.

The approved scheme by <a href="https://www.apartments.com.au/developers/one-global-capital">One Global Capital</a> will deliver an 80,500 sqm mixed-use precinct comprising 840 apartments, integrated hotel accommodation, commercial and retail space, alongside publicly accessible open space designed to create a new destination for the growing suburb.

"This is a significant milestone for One Global Capital and for the future of housing delivery in Sydney," Sunito said.

"The Housing Delivery Authority was established to identify major housing projects capable of delivering meaningful supply more efficiently, and we are delighted that Spencer Street has been recognised as one of those projects.”

He said the declaration reflected the rapid progress achieved since acquiring control of the site.

"In less than seven months we have progressed from taking control of the site to securing entry into one of the NSW Government's most important planning pathways. It reflects the experience of our team, the strength of our consultant group led by Urbis, and our long-term commitment to delivering transformational projects that contribute to Sydney's future."

When the project was revealed earlier this year, Sunito described the opportunity as one of the strongest development sites he had worked on.

"I probably hadn't appreciated the uniqueness of the site until more recently when putting together the concept plans," Sunito said.

"The proximity to the water, and the golf course opposite, is unlike any other part of Parramatta Road. We have a unique position and view corridors over the water that makes this one of the best sites I've worked on."

The development has evolved since its initial announcement, with the approved plans increasing the residential component from the originally proposed 750 apartments to 840 homes while retaining the project's focus on creating an integrated neighbourhood rather than a standalone residential development.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/a-city-within-a-city-iwan-sunito-flags-1-5-billion-mixed-use-precinct-in-five-dock">"A city within a city": Iwan Sunito flags $1.5 billion mixed-use precinct in Five Dock</a>

The precinct will combine apartments with hotel accommodation, commercial workplaces, retail offerings and public spaces, creating a mixed-use environment intended to serve both residents and the broader Five Dock community. The proposal also continues the collaboration between One Global Capital and internationally recognised architect <a href="https://www.apartments.com.au/architects/koichi-takada-architects">Koichi Takada</a>, whose previous work with Sunito includes Infinity, Arc and Skye North Sydney.

Takada previously said the design was driven by a philosophy of integrating nature into the built environment.

"The concept for this development is born from our design approach to naturalising architecture," Takada said.

"The public realm benefits from biophilic design that integrates generous landscaping, and the development is optimised for natural daylight, airflow and water views to foster wellbeing, sustainability and spaces that foster community interaction."

Sunito has consistently described the project as a "city within a city", with a strong emphasis on creating a destination that extends beyond housing.

"We want to create a development that's not only to be seen, but to be experienced by the whole local community," he said.

The approval comes as Five Dock continues its transformation ahead of the opening of the Sydney Metro West line, with the new Five Dock station set to significantly improve connections between the Inner West, Parramatta and the Sydney CBD.&nbsp;

The precinct will also benefit from its proximity to the Parramatta Road corridor, nearby waterfront parklands and established retail and dining offerings that have made Five Dock one of Sydney's most tightly held Inner West suburbs.

Iwan Sunito secures approval for $1.9 billion Five Dock mixed-use precinct

Spring Hill

Seven years after securing a development site in Brisbane's Spring Hill, national property developer Cbus Property has revealed it's plans for the site.

Cbus Property, who are set to complete their other Brisbane apartment tower 433 Queen Street next year, have proposed a 30-level tower at <a href="/news/qld/cbus-property-propose-sustainable-rothelowman-designed-brisbane-apartment-development">185 Wharf Street, Spring Hill</a>, one of Brisbane's most popular inner-city suburbs.

Rothelowman have designed the striking building which will have 125 apartments. They are targeting a 5 Star Green Star rating for the project, and a Nathers rating of 7.5 Stars. There are a number of sustainable features in the project, which will be 100 per cent electric. There will be EV charging, PV panels, and rainwater harvesting which will help create a more sustainable way of living.

Rothelowman noted in their submission to the Brisbane City Council that 185 Wharf Street embodies the&nbsp;empirical learnings from the rapid evolution of multiple dwelling architecture in SEQ and responds to the market demand from prospective residents for quality, sustainability and the integration of technology.

<img alt="Rothelowman Cbus Spring Hill" data-entity-type="file" data-entity-uuid="459270f1-770d-438b-9759-f103a2363203" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-05%20at%209.30.17%20am.png?VersionId=jysmVJ6PhjQz2l7Wh4mIwBStRbpeVqCT" />

"It is proposed that an increasingly global awareness for the importance of environmental and social sustainability is closely aligned with the elevated expectations of people seeking quality higher density housing typologies in Australian urban centres," the report read.

"This enlightened longer-term focus is considered necessary to successfully respond to the increasing urbanisation of our cities and at the same time capture the opportunity to positively enhance urban living environments.

"The realisation of these core objectives will assist in promoting physical and mental wellness of individuals, create a meaningful sense of community and serve to leverage the utility of existing infrastructure to control the urban footprint."

Cbus Property are committed to the owner-occupier market, with not a single one-bed apartment on offer. They've pitched for 60 two-bedroom units, 45 three-bedroom apartments, and 20 four-bedders. There will be 233 resident parking spaces across the four basement levels of parking, and 32 bicycle spaces.&nbsp;

The apartments hav been designed to&nbsp;have a large balcony that is well connected to the living space.

"The tower has a front yard and backyard conceptual overlay which allows each unit to feel like a bespoke home," Rothelowman's report continued.

<img alt="Rothelowman Cbus Spring Hill" data-entity-type="file" data-entity-uuid="a356ac40-eaba-411c-9445-a9f1112bc4bd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-05%20at%209.33.19%20am.png?VersionId=ufSv.aeNQz8tcmJx0yfZ4S1t0k6md4c9" />

"The balconies align up the tower as the mix changes to ensure architectural integrity is maintained."

There are a number of sky terraces which occupy the top of the southern tower form. They feature expansive backyards with trees and private pools.

The resident amenity will be located on the second level and is designed as a "natural Queensland escape". Dubbed "The Conservatory", residents will have access to a jungle gym, lap pool, kids play baths, magnesium baths, a sunbathing area, numerous alfresco areas, a gym with sauna, and a private dining room.

<img alt="Rothelowman Cbus Spring Hill" data-entity-type="file" data-entity-uuid="87e6e42b-e7d9-4b7f-957f-1ff850c05828" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-05%20at%209.32.56%20am.png?VersionId=8y_efCWg.419TbnXuH5mXqYFU4KGyWVF" />

"The resident recreation amenity is considered an extension of the new subtropical Queensland apartment and offers prospective residents a sophisticated level of luxury only previously found in the single detached dwelling," Rothelowman added.

"185 Wharf Street will establish the Spring Hill Neighbourhood precinct as a re-imagined subtropical inner-city residential enclave at the doorstep of Australia’s New World City – Brisbane."

Cbus secured the 1,835 sqm site in 2015, paying $14.6 million for the block. At the time it had approval for 141 apartments across 15 levels.&nbsp;

<h2>Project Snapshot</h2>

<ul>
	<li>30-level tower</li>
	<li>125 units</li>
	<li>60 x two-bed, 45 x three-bed, 20 x four-bed apartments</li>
	<li>233 resident parking spaces</li>
	<li>32 resident bicycle spaces</li>
	<li>Level two amenity with&nbsp;jungle gym, lap pool, kids play baths, magnesium baths, a sunbathing area, numerous alfresco areas, a gym with sauna, and a private dining room.</li>
	<li>EV charging</li>
	<li>Rainwater harvesting</li>
	<li>PV panels</li>
</ul>

Cbus secured the 1,835 sqm site in 2015, paying $14.6 million for the block. At the time it had approval for 141 apartments across 15 levels

Cbus Property propose sustainable, Rothelowman-designed Brisbane apartment development

Local Brisbane property developers, Grace Civil and Development, has lodged plans for a 25-level residential tower in Brisbane&rsquo;s Spring Hill.

A two-storey office building at 157-163&nbsp;Leichhardt&nbsp;Street, a 1447 sqm site, will make way for the project, which will have a three-level basement, three-level podium,&nbsp;112 apartments,&nbsp;and a rooftop terrace.

There will be a mix of&nbsp;16 one-bedroom, 84 two-bedroom and 12 three-bedroom apartments in the tower, which will be made up of stonewall features, rendered masonry and glass balustrades. Aluminium screening will be in place for privacy and amenity on the eastern and western facades of the tower. &nbsp;Levels four to 19 will provide six apartments each, with levels 20 to 23 providing four larger apartments.

The rooftop terrace features a communal open space area with a pool, spa, tables and seating, yoga lawn and barbecues, all in a densely landscaped setting with engineered planting by Taylors Urban Development.

The three basement levels and two of the podium levels will have up to 146 car parking spaces and 10 motorbike spaces, in addition to bicycle parking.&nbsp;

Level three&nbsp;of the podium also provides further building amenity, including a gym and medical room.

The arcade walkway is a primary feature of the development, comprising dense landscaping elements to create an outdoor, suburban like pathway setting, as well as pedestrian access from Leichhardt Street. The arcade walkway also provides access to the foyer of the upper level residences of the site.

According to planning documents, the residential tower will be the tallest built form on the block, at the maximum height allowable in the Spring Hill Neighbourhood Plan.&nbsp;

&ldquo;The proposed development presents a high-quality architecturally designed high-rise development that presents a significant improvement to the streetscape in place of the current building onsite,&rdquo; the assessment report said.

&ldquo;It&nbsp;is sympathetic to surrounding development and delivers an ideal outcome for inner-city apartment living within the Brisbane CBD.&rdquo;

The development lies within proximity to a range of transport links, including three bus stops all within 150 metres and Roma Train Station 700 metres from the site.

There were two pre-lodgement meetings held with the local council before the application submission.

157-163 Leichardt Street comprises a three-level basement, three-level podium at street level, along with 112 apartments and a rooftop terrace. 

alisonwarters@gmail.com

Brisbane developers lodge plans for 25-storey residential tower in Spring Hill

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Spring Hill, an inner suburb of Brisbane, has witnessed a 3.2 percent increase in its median house price since 2014, according to realestate.com.au.  
Buyers who bought in this area early at the median price of $891,500 in 2014 now own a house with a median price of $920,000. 
<table border="0"><tbody>
<tr>
<td>Median house price 2014</td>
<td>Median house price 2019</td>
<td>Price difference</td>
<td> </td>
</tr>
<tr>
<td> $891,500</td>
<td> $920,000</td>
<td> $28,500</td>
<td> </td>
</tr>
</tbody></table>
However, the suburb's median unit price dropped from $421,250 to $397,500 from 2014 to 2019.
<table border="0"><tbody>
<tr>
<td>Median unit price 2014</td>
<td>Median unit price 2019</td>
<td>Price difference</td>
<td> </td>
</tr>
<tr>
<td> $421,250</td>
<td> $397,500</td>
<td> -$23,750</td>
<td> </td>
</tr>
</tbody></table>
For those who didn’t buy in Spring Hill five years ago, should they buy in Spring Hill now?
It is important to check the median price regularly to ensure you are not missing the best opportunity of buying a new home.
To learn all you need to know about Spring Hill, from median asking rents to average hold period, <a href="/developments/spring-hill-qld-4000">click here</a>. 
According to Microburbs, Spring Hill is an 9/10, with 10/10 in its convenience score and 9/10 in its family score. 
 
 
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j.ballantyne1990-6AQqhLzZaK

What if you bought in Spring Hill five years ago?

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A tenanted strata office in Spring Hill, Brisbane has been snapped up by a private Sydney based investor for $5 million.
The sale of 170 Leichhardt Street makes it the biggest settled strata transaction so far this year in the Queensland capital. 
The 1,374 square metre office space on level two is tenanted by Imagine Education Australia for a seven-year term with a three-year option.
The offering also includes 22 square metre balcony area and nine car parks.
It was marketed via an expression of interest campaign by Sam Biggins and Tony Wang from Colliers International.
“This was the first commercial property acquisition for the high net worth Sydney-based investor who works in the finance sector,” said Biggins.  
“With current record low interest rates and decreasing vacancy rates in the Brisbane office sector, we are continuing to see interstate investors looking to Brisbane, attracted by the yield differential and growth prospects over the southern markets.”
Colliers International has transacted eight strata offices so far this year across the CBD and metro Brisbane.
The properties range from $500,000 to $5 million, averaging at $3,851 per square metre and an average yield of 7.88%.  
“Long term investors are backing the strata market, but sales to owner occupiers are also on the rise as the leasing market continues to improve in combination with record low interest rates,” said Wang.
“Strata office sales within the golden triangle precinct have performed very well. Within 97 Creek Street Colliers International’s Strata team have sold four offices so far this year ranging from 63 square metres up to a full floor of 638 square metres. One of the office investments had achieved a record 6.2% yield.”
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Spring Hill tenanted strata office sold for $5 million

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The Brisbane bold home with rich history, Avondale, has been listed for sale by Sam Mayes and Zac Tully from Ray White.
It is built in 1912 by William Francis Corbett, a lawyer from Toorak Road in Hamilton, who also owned the Carlton Hotel in Queen Street. 
<a href="https://www.realestate.com.au/property-house-qld-spring+hill-127707942" target="_blank">Avondale</a> has enjoyed a rich history serving as a boarding house in the 1950s before becoming home to a well-known journalist and then a prominent Brisbane builder, who completed significant expansions in the 1980s.
It last sold in 2012 at $2.5 million.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/29/SPRING%20HILL%202.jpg" alt="">
<a href="https://www.realestate.com.au/property-house-qld-spring+hill-127707942" target="_blank">Positioned at 26 Thornbury St</a>, the house comes with six bedrooms, three bathrooms and multiple living spaces.
The kitchen was completely renovated and the original kitchen fireplace now houses a pair of V-Zug ovens.
Renovated in 2006, the light fittings, wiring, security system and air-conditioning were all upgraded.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/29/SPRING%20HILL%203.jpg" alt="">
Extra features include double-hung, full-length sash windows, pressed metal ceilings, and two working fireplaces with marble surrounds.
It is close to Schools, shops and public transport. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/29/SPRING%20HILL%204.jpg" alt="">
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/29/SPRING%20HILL%205.jpg" alt="">
The gentleman's residence was built in 1912 by William Francis Corbett, a lawyer from Toorak Road in Hamilton, who also owned the Carlton Hotel in Queen Street.  Corbett lived in the home on his own until his death in 1937. His initials remain on the decorative detail in the hallway.
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jonathanchancellor-7SQnKwU6yx

Avondale, Spring Hill historical trophy home listed for sale 

<html><body>
Global real estate investment manager Cromwell Funds Management has purchased 433 Boundary Street in Spring Hill.
It provides unitholders of the Cromwell Direct Property Fund (DPF) exposure to the booming higher education market in Brisbane.
The major tenant, International Education Services (IES), works in partnership with organisations such as the University of Queensland to offer educational services for international students and education professionals.   Acquired for $42 million with a 6.7 per cent yield, the refurbished 6,000sqm building is fully leased.
It comes with a weighted average lease expiry (WALE) of approximately 12 years.    Hamish Wehl, Head of Retail Funds Management at Cromwell, said the Boundary Street investment was set to be a compelling addition to the DPF portfolio.   “The education sector is growing substantially and is Australia’s third largest export behind iron ore and coal.  
"IES, as a global leader in education services, is well positioned to benefit from the influx of international students coming to Australia,” Mr Wehl said. “With the Brisbane City Council’s clear agenda to continually attract more students to the city, combined with their vision to rejuvenate the Spring Hill precinct, Boundary Street will add long-term value and diversification to the Fund.”
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Cromwell spends $42 million on Brisbane tertiary education offering 

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A three bedroom Spring Hill apartment has been listed for sale.
Located at <a href="https://www.realestate.com.au/property-apartment-qld-spring+hill-126148658" target="_blank">1601/477 Boundary Street</a>, the property sits above Brisbane’s hotel ‘The Johnson’.
It features 316 sqm of open plan living with views of Brisbane’s city skyline and surrounds.
There are three bedrooms all with their own built-in robes and ensuites while the gourmet kitchen has a butler’s pantry and European appliances.
The property also has a 50 metre pool designed by Michael Klim alongside an expansive sundeck as well as a pavilion and gym.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/08/25/1601_477%20Boundary%20Street-2.jpg" alt="">
Other features includes a triple car basement car park as well as a priority lift to the apartment.
The property is within walking distance to Brisbane’s best restaurants, cafes, bars, shops and public transport.
The property is offered through Ray White agents Sam Mayes and Matt Lancashire.
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Spring Hill penthouse apartment listed for sale

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A turn-of-the-century Spring Hill house has sold for $1.1 million.
Located at <a href="https://www.realestate.com.au/sold/property-house-qld-spring+hill-125549698" target="_blank">20 Gloucester Street</a>, the 205 sqm property was built in 1880, one of the areas’ most desirable properties.
It last sold in 2011 for $1.05 million.
Renovation of the building was conducted several years ago.
It features three bedrooms and a bathroom on the ground level.
A living area, kitchenette and built-in laundry are also available on this level.
The area can also be closed off and accessed via a side entry making it ideal for a home business.
The rear of the property features timber decking along with a storage shed and astro turf area for pets.
Upstairs is the kitchen with French Industrial design such as an antique mirrored wall, granite benchtops and butler’s pantry.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/08/11/20%20Gloucester%20Street-2.jpg" alt="">
A living area combines the dining and powder room with views of the city.
The master bedroom is also on this level and runs across the front of the house and it has its own ensuite, separate walk-in robes and views of the city and surrounding landscape.
Other features includes two residents’ car parks along with two four hour visitors parking.
The property is a kilometre from the CBD and is within walking distance to restaurants and cafes.
The property was offered through Place agent Jody Green.
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Turn-of-the-century Spring Hill house sold for $1.1 million

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A four bedroom house at Spring Hill has been sold for $1.452 million making it Brisbane’s most expensive weekend auction sale.
Located at <a href="https://www.realestate.com.au/property-house-qld-spring+hill-125367634" target="_blank">429 Gregory Terrace</a>, the property had only been offered twice and has recently been renovated.
It was last sold in 2011 for $1.45 million.
Main level features the living areas and kitchen with pantry as well as main lounge and dining area that leads to the garden.
Upstairs is the bathroom with separate bath and shower as well as three large bedrooms, two featuring walk-in robes while the third has a built-in robe, as well as views.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/05/28/429%20Gregory%20Terrace-2.jpg" alt="">
Lower level has the fourth bedroom/study as well as renovated bathroom and double garage.
The CBD is only minutes away and it is in close proximity to shops and cafes.
The property was offered through Ray White agents Sam Mayes and Zac Tully.
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