Posts Tagged ‘apartments’

The Milton Apartments – Brisbane

The Milton will offer a mix of Retail, Commercial and Residential Apartments over 30 storeys.

The building will comprise of 298 Residential Apartments in one and two bedroom configurations from Level 3 to 30 as well as commercial office space on level two and ground floor retail tenancies and a promenade which will be integrated with the Milton Train Station.

The Milton will offer contemporary 1 and 2 bedroom apartments reflective of the cosmopolitan attitudes driving urban living. These new apartments will offer either private balconies or courtyards and a choice of design and layout, each unique and complementary. The generous open floor plans make any of the dwellings a great location choice for investing or living in.

The Milton has been designed by award winning architectural firm DBI Design, with careful consideration to the surrounding environment. Each apartment will have a sense of space with floor to ceiling glazing maximising natural light and capturing city, river or suburban views.

The Milton apartments will feature inclusions such as air-conditioning, stylish kitchens with European appliances and reconstituted stone benchtops, interior designed bathrooms and covered balconies flowing effortlessly from the living areas.

Residents will also enjoy exclusive access to an array of onsite facilities including a leisure deck, pool, sauna, gym, residents room, a selection of barbeque areas and a roof top observation deck. The residential facilities are to be located on Level 6, capturing the amazing views while entertaining friends by the pool.

For those thinking about investing in a new Brisbane apartment, considering The Milton is certainly worthwhile. This development is located right next to a train station and is only moments away from the Brisbane CBD. If you wish to find out more detailed information about whats available at The Milton, including viewing floor plans, finishes schedules, rental assessments, depreciation schedules and pricing, please visit Find Investment Property to find out more about The Milton Apartments.

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Queensland Building Boost

The Government is introducing changes to transfer duty to stimulate the new house market and building industry.

Assisting Home Owners

The Government has a record of introducing measures to make housing affordable to increase supply to make how ownership possible. These measures have included abolishing mortgage duty and stamp duty for all first home buyers purchasing a home under $500,000. Following the global financial crises, it has been a tough period for the housing market. The housing sector is also a significant generator of jobs and Queensland needs more houses being built for the future.

Queensland Building Boost

To help assist housing affordability, supply and construction job, the Government is delivering a $140million stimulus for the housing industry.

For six months from 1 August this year (2011) any Queensland buying a newly constructed home or signing a contract to build a new how will get a $10,000 grant from the state government for properties valued up to $600,000.

For First Home Buyers this will mean they will pay zero stamp duty for properties under $500,000, zero mortgage duty and receive a full $17,000 with the $10,000 boost.

The grant will be available to people building a house, buying a house and land package or buying apartments or townhouses off the plan.

To be eligible for the grant, the contract must be made between the 1 August 2011 and 31st January 2012. For contracts to build residence, building must start within 26 weeks of the contract being signed with the contract specifying a completion date within 18 months.

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The Capitol Apartments – South Brisbane

The Capitol Apartments are located on the fringe of the Brisbane CBD being perfectly located for investors and owner occupiers. This development has had a huge amount of interest during the initial registration period with the apartments expected to sell incredibly quickly when launched towards the end of September 2010.

The Capitol Apartments consist of 77 one and two bedroom apartments over 10 levels. The development boasts a bistro-bar and restaurant on the ground level as well as a gym, pool and steam room.

As an investor this new apartment development in South Brisbane certainly does tick all the boxes. Recently South Brisbane has been experiencing 10-15% rental premiums due to the underlying demand for urban living.

There are various new apartments available at Capitol including, one bedroom, two bedroom one bathroom, two bedroom two bathroom and two bedroom two bathroom dual key apartments. These luxury appointed apartments will be very attractive to home buyers and investors looking to “capitolise” on the strong rental market in the South Brisbane area.

This new apartment project is located in Peel Street in South Brisbane. It is an opportunity to purchase off the plan only 500m from the Brisbane CBD. Some apartments will have fantastic uninterrupted city views while the development site is close to public transport.

It has been developed by Forrester Properties who have over 30 years of experience in the South East Queensland market.

To register your interest of find out more about these new apartments, visit Find Investment Property.

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Brisbane residents embrace apartment living

Michael Matusik has declared recently that more and more Brisbane residents are taking up the opportunity to live in apartments rather than homes. He states there has been an increase of 25% in inner city owner in the last 5 years. Most recently noting that over the last 12 months 50% of all apartment buyers in the inner city of Brisbane have been owner occupiers and not property investors.

The Brisbane property market has been very slow of late or so it seems as Tim Lawless from RP Data indicates that the apartment market is still performing very well compared to the housing market. Lawless claimed that the apartment market climbed 7.9% over the last 12 months which is fantastic growth in what seems a very slow market.

Lawless claims Brisbane to be the second most affordable city for apartments and expects further growth to come.

While owner-occupiers are dominating the market at the moment, Mr Matusik said as the trend moves towards increasing yields and smaller apartments, more investors will re-enter the market in the next couple of years.

“We foresee this will result in an undersupply in the market for spacious new apartments over the coming years,” he said.

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About New Apartments Brisbane

Brisbane New Apartments blog is designed to cater for all those property buyers and property investors looking to purchase a new apartment in Brisbane and throughout Queensland (QLD).

From time to time we will be posting information about new apartment developments, off the plan projects, house and land packages and property news that property buyers want to know about. We will try to keep it as relevant as possible to the QLD and Brisbane property markets.

If you are aware of a new property development that you would like us to review, please contact us.
If you would like our opinion on a major news story relating to the QLD and Brisbane property market, please contact us and we will endevaour to research and write an article to help all our readers.

For those looking to buy off the plan apartments in Brisbane or QLD, you can visit Find Investment Property, which are the largest aggregator of new property in Australia.

Thanks for visiting our page!

Mark Mendel

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