Posted by admin on 14 May 2012
As the Bees Nees’ specialist in South Brisbane I spend a lot of time in the suburb’s apartment buildings. In this series of posts on South Brisbane apartments I’ve profiled some of them to give you a taste of life in this exciting suburb!
Allegro Apartments: 60-62 Cordelia St, South Brisbane
| Number of apartments |
117 |
| Builder and Developer |
Pradella Group |
| Size and previous land use |
4104m², industrial shed |
| Architects |
Pradella Group |
| Year of completion |
2007 |
| Number of studio apts |
16 |
| Number of 1 bedroom apts |
16 |
| Number of 2 bedroom apts |
85 |
| Amenities |
- 25 meter lap pool and spa
- Fully equipped gymnasium
- BBQ facilities
- Recreation and games room
- Media room
|
| Other comments |
2007 Winner Apartment Project of the Year |
| Recent sales |
October 2011 2 bed $465,000; Most recent studio sale May 2010 $250,000 For an estimate of the current sale price of your apartment please call Josh Manson on 0404 423 530 or email joshm@beesnees.com.au |
| Current rents |
2 Bed rented in January 2012 for $500. For an over the phone estimate of current rents in Allegro please call our Senior Property Manager, Annie Von Rudzinski on 0431 608 422 or email anniev@beesnees.com.au |
| Views and aspect? |
Practically a 360º sweep of Brisbane with many apartments boasting a northern view of the city lights and then a large range with southern balconies that look over St. Andrews church. |
| Are pets allowed? |
Yes with body corporate approval |
Do you live in the Allegro apartments? Tell us what you think – we’d love to hear your comments!
The main entry to Allegro
The 25m pool is well maintained
Allegro Apartments have a large gym, media room and recreation area
A typical Allegro kitchen
For more info or an estimate on the current market price of your Allegro apartment please call Josh on 0404 423 530.
Tags: Cordelia Street South Brisbane, Merivale Street South Brisbane, Pradella Developments, South Bank apartments, South Bank real estate, South Brisbane apartments
Posted in South Brisbane and South Bank | No Comments »
Posted by Josh Manson on 28 April 2012
This year has started with stronger buyer enquiry and a sense of optimism about South Brisbane’s real estate market. The final stats for 2011 show lower numbers of sales than previous years, but not the drastic drop we experienced in the first half of the year. This is a suburb with strong underlying demand and we’d argue the area’s been slightly insulated against Brisbane’s downturn.
Prices are down on 2010 and while the graphs show median prices rising there have been a number of new, dearer apartment releases that might be masking the full picture. This is a buyer’s market and prices have dipped, but a general lack of property for sale has prevented big drops. The story of South Brisbane’s ongoing transformation is a positive one, and buyers see opportunity.
Major, visible projects completing in early 2012, like the ABC Headquarters and Convention Centre expansion, have added to the sense that this is a neighbourhood to watch. If you’d like a sales market update for your property please call our South Brisbane specialist, Josh Manson on 0404 423 530 or 07 3214 6800
Tags: Brisbane home prices, selling a house Brisbane, selling an apartment Brisbane, South Brisbane real estate agents
Posted in South Brisbane and South Bank | No Comments »
Posted by admin on 26 April 2012
While tenant demand for this area continues to be strong, local rents have consolidated over the past 12 months, settling at $500/week in the March quarter. Landlords have generally become more cautious and many have kept rent rises to a minimum, reluctant to have an empty property. We saw the same conservatism during the GFC in 2008 and this means tenants currently have less pressure on them.
This remains the most expensive postcode outside the CBD and their workforce continues to be a big driver of demand for this neighbourhood. Crossing the river now saves tenants $80/week and they can live on the doorstep of all our local lifestyle amenities! There are some new apartments nearing completion in South Brisbane but overall supply of rental housing in 4101 remains constrained.
Note: RTA stats quoted here cover all of postcode 4101 including South Brisbane, Highgate Hill and West End.
If you would like a rental appraisal for your property just give our head of Property Management – Annie von Rudzinksi a call on 07 3214 6899.
For median rent information visit www.WhatRentMyHome.com.au
Tags: Highgate Hill property manager, South Brisbane property manager, West End property manager
Posted in Brisbane's rental market, Highgate Hill, South Brisbane and South Bank, West End | No Comments »
Posted by admin on 27 January 2012
In just a few weeks the most unique of South Brisbane apartment buildings will be completed. An innovative housing concept the 146 apartments in Hope Street will be split between local low-income workers and residents moved from homelessness. We believe it’s a great initiative to address homelessness in Brisbane’s inner city and were lucky enough to have a quick tour of the building this week.
Tags: Common Ground Queensland
Posted in South Brisbane and South Bank | No Comments »
Posted by admin on 20 January 2012
Local rents dipped slightly in the last quarter of 2011, according to new stats released by the Residential Tenancies Authority. The median rent for a 2 bedroom apartment dropped $10 to $500 per week, reflecting the quieter rental market and caution from landlords.
Rents are up 6% on the same time a year earlier ($470/week) so overall it’s good news for investors. The CBD’s workforce continues to be a big driver of demand for this neighbourhood and crossing the river saves tenants $60 (the median for postcode 4000 is $560/week). And they can live on the doorstep of all our local lifestyle amenities!
January has started with a real rush and enquiry to our South Brisbane office from tenants is the busiest we’ve seen in some years. We’re expecting the RTA data will show 2012 starting as a great year for local investors.
Note: this RTA data is collated by postcode so includes new bonds lodged throughout 4101: South Brisbane, South Bank, West End and Highgate Hill
If you would like a rental appraisal for your property just give our head of Property Management – Annie von Rudzinksi a call on 07 3214 6899.
For median rent information visit http://www.whatrentmyhome.com.au/
Posted in Highgate Hill, South Brisbane and South Bank, West End | No Comments »
Posted by admin on 18 November 2011
One of the challenges of building in Brisbane’s inner-city suburbs is that there’s not a lot of room to spread out. New buildings almost always cover their complete site area so until the ground floor is completed (and earthworks and basements can take months) builders are forced to take over footpaths and sometimes even whole lanes of their adjoining streets.
There’s currently a number of local construction sites with orange-vested people out the front. Slowing us down, directing us around and turning us back. Merivale Street is one of South Brisbane’s busiest roads, as the east-bound off-ramp from the Go Between Bridge. So the workers on “Station 16″ apartments (pictured) have a lot of traffic to contend with and 2 lanes get pushed back to 1. It’s annoying for everyone but impossible to avoid.
Tags: Go Between Bridge Brisbane, Merivale Street South Brisbane, Station 16 Apartments South Brisbane
Posted in Brisbane's future & new infrastructure, South Brisbane and South Bank | No Comments »
Posted by Rob Honeycombe on 5 October 2011
It’s worth a quick drive down Grey Street at the moment. With scaffolding starting to come down on two of the iner-city’s biggest construction sites you can get a first look at the mammoth extension to the Convention Centre (pictured today) and, directly across the street, the new Queensland headquarters for the ABC.
The ABC’s 400+ staff will be moving in early in the New Year so local landlords should benefit from that extra demand. We understand parking will be an issue for them so no doubt there’ll be interest in moving nearby. The extra crowds at the Convention Centre will no doubt boost demand for our local hotel rooms and there’s always positive spin-offs for the area when we have more visitors spending money.
Good times indeed for South Bank!
Tags: ABC Brisbane, Brisbane Convention and Exhibition Centre, Grey Street South Bank, tenants Brisbane
Posted in Brisbane landlords, South Brisbane and South Bank | No Comments »
Posted by admin on 25 September 2011
Our median sales prices are down on last year, but have retained much of the growth of the last decade. Overall we’d suggest it’s hard to call any strong price trend in South Brisbane’s market so far this year. One clear change is the number of transactions – the 2nd quarter of 2011 has been busier than the first but we’re still on track to record less apartment sales in 2011 than we’ve had in over a decade. Why? Market uncertainty, plus many local property owners have withdrawn their properties from sale (or not listed at all) awaiting stronger prices.
If you’d like a sales market update for your property please call our South Brisbane specialist, Rob Honeycombe on 0423 332 022 or 07 3214 6800
Tags: apartment sales south brisbane, apartments sales southbank, apartments South Bank, Brisbane home prices, Brisbane house prices, Brisbane property sales, Brisbane real estate agents, Brisbane sales market, home buyers Brisbane, homes in South Brisbane, house sales south brisbane, property sales south brisbane, selling a house Brisbane, selling an apartment Brisbane, South Brisbane Real Estate Agent, Southbank Real Estate Agent
Posted in South Brisbane and South Bank | No Comments »
Posted by admin on 29 July 2011
Last weekend marked the 90th birthday of our local high school and on behalf of all local real estate agents we owe you a big thankyou! The respect Brisbane State High has earned as an outstanding education facility has led to its neighbourhood’s real estate increasing in price. Without any doubt.
We’ve just sold a house nearby and the Brisbane State High catchment was a crucial drawcard for more than half the buyer enquiry we received. Familes from as far afield as Aspley made the drive to Highgate Hill in the hope of securing a home, and importantly an address that is inside the line on the map. And this is a common story.
If you’re a Highgate Hill real estate agent, a South Brisbane real estate agent, a West End real estate agent, or even an agent handling those parts of Woolloongabba real estate that are within the catchment, you owe the school a huge thankyou. Local home owners who’ve sent their kids to BSHS have had the double-benefit: a great school and solid home prices.
Tags: Brisbane house prices, Brisbane State High School, Brisbane State High School Catchment, Highgate Hill real estate agents, South Brisbane real estate agents, West End real estate agents, Woolloongabba real estate agents
Posted in Highgate Hill, South Brisbane and South Bank, West End, Woolloongabba | No Comments »
Posted by admin on 27 July 2011
South Brisbane is a happening place. I snapped this crane on the way past the new Station 16 Apartments in Merivale St this morning, and this is just one of a number of projects underway in the suburb right now. Cranes are also towering over new apartment at the southern end of Cordelia Street and the apartment building for Common Ground Queensland in Hope Street.
Residential projects are also in early stages in Peel and Russell Streets along with the long-awaited South Point next to South Bank Rail. Add in the massive works on the Convention Centre expansion (due for compeltion this year) and the new ABC headquarters, both on Grey Street, and the new Children’s Hospital, and we’ve probably not seen this extent of works for many years.
It’s exciting stuff for South Brisbane property owners.
Tags: Brisbane apartments, Common Ground Queensland, South Point Apartments South Bank, Station 16 Apartments South Brisbane
Posted in South Brisbane and South Bank | No Comments »
