St Lucia is one of Brisbane’s most sought after locations, always in great demand from investors and owner-occupiers alike and Today you have a very limited opportunity to view the newest and most captivating apartments on the market in St Lucia today

Construction of the luxurious apartments at 70 Durham Street are now complete…

NOW ALL SOLD OUT….If you would like to be notified or our next project in Brisbane just complete the form below and you will be added to our VIP list for Brisbane projects.

Purchase price for 7,70 Durham Street is $579,950. Rental appraisal $500-$550 per week unfurnished and $600-$650.00 per week furnished.

Government grant of $10,000 applies PLUS very generous tax concessions available as brand new!

Why St Lucia?…. After a number of visits to St Lucia, this sought after location enticed one of Cairns leading developers to develop and create a boutique development  in a premium, elevated position at the very top of Durham Street. Stunning views to the City and over the University were on offer and the developer wanted to really maximise the potential of this prime site…..Read on to find out why ….. alternatively if you wish receive a comprehensive investment package including update price list, floor-plans, rental appraisals etc just take a walk through the display by clicking the video above. Then if you want to know more just  fill in your brief details below put “St Lucia” in the comments box and we will send your detailed information via email.

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At present, it is still a buyers market in Queensland and buyers are very price concious and will only purchase if they see exceptional value for money. The recent steady stream of sale’s at 70 Durham Street suggest the developers offered just that with all being under contract/sold prior to Christmas

Here’s what Mike an owner had to say after his recent visit, when I asked why he decided to purchase:

Hi Terry, 

I visited with the intention of buying a unit in St Lucia for my son, a student at UQ. 

Before leaving Perth I did some comprehensive research for units on  realestate.com.au. I was able to narrow down my search to 3 new build developments.  The on line marketing for 74 Durham made a very positive impression and put the development into the “must see” category. 74 Durham was marketed well on the web with your presentation providing a great deal of information for buyers, both those new to the area and those like myself with good local knowledge.  The on line video presentations were very useful.   

My visit to the development confirmed that the final product did not disappoint.  74 Durham is a very well designed and well built development offering spectacular views, which I will be happy to own a part of.

Regards, Mike.

 

All apartments at 74 Durham Street have now been sold, however recently (since the display opened), there has been a large proportion sold “off plan” at 70 Durham Street to people who intend living there.…(Today as mentioned there is just one for sale that has come back on the market.)

This is a terrific pointer if you are looking to purchase as an investment. When you eventually come to sell in the future, the property will appeal to a larger group of purchasers including investors and owner-occupiers maximising your chances of getting your best price.

If you live in St Lucia or have attended  the University of Queensland in the past, you will realise St Lucia is a beautiful leafy friendly suburb that hugs the Brisbane river. Parks and open spaces abound where older generations mix with younger University students enthusiastically seeking knowledge and this vibrancy can really be felt at the local cafes and restaurants…….Checkout the excitement and facilities of one the Worlds top Universites just click the video below.

After opening the display apartment for the first time, I was not at all surprised to see that a number of people coming through to inspect, had attended UQ in the past and had a very strong ties to the area.

Comments received from the first open were very complimentary towards the unique design, quality of finishes and of course the expansive views.

It was after comprehensive research and a response to market drivers that the developer created a building that is modern, practical and will meet the needs of residents, both owner-occupiers and investors alike.

The spacious, modern apartments have been carefully designed to appeal to young professionals and university students.

Stone bench-tops, air-conditioning and stainless steel appliances, as well as data cabling and security access are just some of the features that will appeal to residents.

Generous private balconies extend the living area of apartments offering stunning views to the City and University, adding to the very spacious feel of the apartments.

“The design takes advantage of the ridge top location, maximising the panoramic views across the University campus and the CBD whilst making the most of prevailing breezes”.  

The apartments offer a sound investment opportunity as the  rental market for young professionals and University students in St Lucia is at a premium, with close to 100% occupancy year round.

The asking price for number 7,70 Durham Street is $579,950 and rental appraisals from $600-$650 per week furnished.

The apartments can  be approved for for sale to investors from overseas.

The location:

St Lucia offers its residents the perfect balance between city convenience and suburban lifestyle. The apartments are within easy walking and cycling distance to the University.

Public transport is in close proximity with Brisbane City Council bus and ferry stops nearby. The City Cat terminal is also within easy walking distance and the nearby railway station at Toowong provides direct and quick access to the Central Business District.

There is also a bike path that runs along the Brisbane River connecting St Lucia and the CBD. The ideal location of the apartments at the very top of  Durham Street will ensure a premium investment return as its proximity to both the University and the City is highly desired.

If you have been searching for an investment in St Lucia or a place where your children can reside if thinking of attending the University of Queensland in the future, then this could be well worth your consideration.

“Today you have a very limited opportunity to view the newest and most captivating apartments on the market in St Lucia today.”

To receive an investment overview including current prices, floor-plans and rental appraisals just fill in the form below and we will send detailed information asap via email. We also provide an example depreciation shedule that will highlight the generous tax benefits on offer.

By the way, I dislike telemarketers calling me at all hours as much as the next person, therefore if you do not feel comfortable leaving your phone number that’s fine with me.

Just put “St Lucia” in the “comments” box and we will send all relevant information to your inbox.

If you wish to find out more over the phone, I can be reached on 0412472172  

Regards

Terry Loftus

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