Posted by Richard Fleming on 11 May 2010
340 Boundary St, Spring Hill
As the Bees Nees’ specialist in Spring Hill I spend as lot of time in the suburb’s apartment buildings. In this series of posts on Spring Hill apartments I’ve profiled some of them to give you a taste of life in this exciting suburb!
| Number of apartments |
121 |
| Developer |
Cramwood Developments |
| Size and previous land use |
5247m2; Part of the Metro Ford caryards |
| Builder |
Hutchinsons Constructions |
| Architects |
Scott Peabody from Planit Architects and Scott Taylor from Terrain |
| Year of completion |
2007 |
| Number of 1 bedroom apts |
51 |
| Number of 2 bedroom apts |
70 |
| Number of 3&4 bedroom apts |
0 |
| Amenities |
Large central gardens with pool and a gym |
| Other comments |
Master planned with the adjacent Oxygen project, Trilogy’s design is focused on the green zone overlooked by the 3 buildings |
| Recent sales |
Mar 10 2 bed 1 bth $420K, Oct 09 2 bed 2 bth $540K, Nov 09 1 bed 1 bth $365KFor an estimate of the current sale price of your apartment please call Richard Fleming on 0404 397117 or email richardf@beesnees.com.au |
| Current rents |
2 bed 2 bath rented in April 2010 for $550 unfurnished $640 furnished,1 bed 1 bath $400; For an over the phone estimate of current rents in Trilogy please call our Property Management team on 07 32146899 or email info@beesnees.com.au |
| Views and aspect? |
Building 3’s upper floors look north toward Royal Brisbane Hospital (the top floor apartments have roof decks to make the most of the views) |
The 'Trilogy' Apartments
Trilogy Pool Area
Do you live in the Trilogy apartments? Tell us what you think – we’d love to hear your comments!
For more info or an estimate on the current market price of your Trilogy apartment please call Richard on 0404 397117.
Trilogy Common Areas
Living Area of a 2 Bedroom Apartment
Tags: Brisbane apartments, Brisbane CBD apartment, Cramwood Developments, Hutchinsons Constrctions, Planit Architects, Spring Hill Real Estate Agent, Terrain Architects, Trilogy Apartments
Posted in Spring Hill | No Comments »
Posted by admin on 27 April 2010
Despite the number of rental homes still dropping in Spring Hill and the CBD latest data shows recent growth of the rental pool in Brisbane’s overall inner city. After 3 years of shrinking supply tenants now have more properties to choose from, largely due to investors returning to the sales market. So it’s no surprise that rents in postcode 4000 decreased slightly in the March 2010 quarter, with median rent for a 2 bedroom apartment down $10 to $530.
The past year has effectively seen no rent increase but despite some tenant job losses for the most part though the area proved resilient and it’s the corporate and executive rental markets that have been most effected. There’s a much smaller number of rented houses in the area and their rent also dropped – now $475 for a 3 bed.
This is still far and away the most expensive rental destination in Brisbane and the stable rents confirm that the area needs more new apartments to fill demand. While the new developments of 2003 to 2006 did boost supply enormously the number of rental homes on offer to tenants is not growing at the rate needed.While it’s growing across inner Brisbane the CBD and Spring Hill are not getting their share.
Note: RTA stats quoted here cover all of postcode 4000 including Spring Hill and the CBD.
Tags: Brisbane rents
Posted in Brisbane CBD, Brisbane's rental market, Spring Hill | No Comments »
Posted by Richard Fleming on 22 April 2010
As the Bees Nees’ specialist in Brisbane’s Spring Hill I spend a lot of time in the suburb’s apartment buildings. In this series of posts on Spring Hill apartments I’ve profiled some of them to give you a taste of life in this exciting suburb!
Tribeca Apartments – 292 Boundary St, Spring Hill
| Number of apartments |
62 |
| Developer |
Ozton Pty Ltd (Terry Agnew’s Tower Holdings) |
| Size and previous land use |
Carpark and beer garden of the St Paul’s Tavern |
| Year of completion |
2003 |
| Number of 1 bedroom apts |
35 |
| Number of 2 bedroom apts |
27 |
| Amenities |
Undercover ‘alfresco’ pool, gymnasium, spa and sauna |
| Other comments |
Named after a New York City neighbourhood known as “Triangle Below Canal Street”; 9 storey with majority of apartments facing north; several apartments are rented in a short-term pool |
| Recent sales |
June 2009 1 bed $340,000; February 2009 2 bed $437,100 For an estimate of the current sale price of your apartment please call Richard Fleming on 0404 397117 or email richardf@beesnees.com.au |
| Current rents |
2 bed rented in September for $470; For an over the phone estimate of current rents in Oxygen please call our Property Management team on 07 3214 6899 or email info@beesnees.com.au |
| Views and aspect? |
A typical floor has 8 apartments and 5 of these face north with good, elevated views toward Fortitude Valley |
The north-facing facade of Spring Hill's Tribeca Apartments
Each of the Tribeca Apartments has a large balcony
Do you live in the Tribeca apartments? Tell us what you think – we’d love to hear your comments! For more info or an estimate on the current market price of your Tribeca apartment please call Richard on 0404 397117.
Tags: Boundary Street Spring Hill, Spring Hill apartments, Tribeca Apartments Spring Hill
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Posted by Richard Fleming on 1 March 2010
The other day my partner and I together with a few friends visited L’academie for dinner in Spring Hill. Initially our overall attitude was, lets give it try and see how we go. L’academie as the name suggests is a training hub for some of Brisbane’s finest up and coming chefs where they obtain exposure to a real restaurant and not just the classroom.
As soon as we entered the restaurant, which is situated on St Pauls Terrace (cnr with Gipps Street), we were immediately greeted by members of the team and shown to our table which we had pre-booked. Not knowing what to expect we were all impressed with the ambience of the restaurant which boasts fine chandeliers, an array of classic pictures (which would be the envy of many a gallery) as well as soft French music which added to the overall atmosphere. In addition to this the service was exceptional with waiters always being very responsive and courteous.
We measure our attitude to a restaurant with all the above in mind and obviously the main determinant as to whether we would re-visit an establishment is the quality of the food. In that regard I was extremely impressed with all 3 courses and so were the others in the group. The cost is only a fraction of what you would normally expect to pay for a similar experience in a non training restaurant.
To all at L’academie, congratulations and bon appetit.
Tags: Gipps Street Spring Hill, L'academie Restaurant Spring Hill, St Pauls Terrace Spring Hill
Posted in Spring Hill, just for fun! | No Comments »
Posted by Richard Fleming on 25 February 2010
As the Bees Nees’ specialist in Spring Hill, Brisbane I spend a lot of time in the suburb’s apartment buildings. In this series of posts on Spring Hill apartments I’ve profiled some of them to give you a taste of life in this exciting suburb!
Oxygen Apartments – 170 Leichhardt St, Spring Hill
| Number of apartments |
191 |
| Developer |
Spring Hill Developments Pty Ltd (Honeycombes Property Group) |
| Size and previous land use |
6853m2 – former Metro Ford dealership |
| Builder |
Watpac |
| Architects |
Scott Peabody of Planit Architecture, Liam Proberts of Fairweather Proberts, John Simpson and Scott Taylor of Terrain Landscape Design |
| Year of completion |
2005 |
| Number of 1 bedroom apts |
48 |
| Number of 2 bedroom apts |
107 |
| Number of 3&4 bedroom apts |
36 |
| Amenities |
2 pools, big gym and 1 acre of landscaping and open space; ground floor mini-mart and pizza shop |
| Other comments |
Spring Hill’s largest residential development with 26 different floorplans and a broad variety of architecture. Mixed use project with offices and shops. Record sale was a 4 bedroom penthouse sold by Bees Nees for $980,000 |
| Recent sales |
Sept 2009 1 bed “skyhome” $380,000; Nov 2009 2 bed 1 bath $417,000 For an estimate of the current sale price of your apartment please call Richard Fleming on 0404 397117 or email richardf@beesnees.com.au |
| Current rents |
2 bed 2 bath rented in Jan 2010 for $490; 2 bed 1 bath rented in Aug 2009 for $445; For an over the phone estimate of current rents in Oxygen please call our Property Management team 07 32146899 or email info@beesnees.com.au |
| Views and aspect? |
City skyline to the south and elevated northerly views across Spring Hill toward the bay. |
| Are pets allowed? |
No |
Oxygen Apartments' "Parkview" Building
The main pool in the Village Green
The Oxygen Apartments "Cityview" building
The record holder sale at Oxygen Apartments
Do you live in the Oxygen apartments? Tell us what you think – we’d love to hear your comments!
For more info or an estimate on the current market price of your Oxygen apartment please call Richard on 0404 397117.
Tags: Oxygen Apartments Spring Hill Brisbane, record property sales, Spring Hill apartments
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Posted by Richard Fleming on 2 February 2010
Just how much is that vacant piece of land worth? As you can appreciate, in the inner city this isn’t an easy question to answer. Obviously there isn’t an over-abundance of residential vacant blocks of land available in Brisbane’s oldest suburb.
Earlier this year an empty block of 405 SQM prime real estate sold for $738K. The block on Royal Avenue, just off Water Street, had council approval to build a brand new 5 bed house which will boast city views and once completed will take into account the character and heritige of other surrounding homes.
Other factors will determine how much a particular parcel of land may be worth including the zoning, council approval etc but this gives local residents an indication of value.
Tags: land prices Brisbane, Royal Avenue Spring Hill, vacant land Spring Hill, Water Street Spring Hill
Posted in Brisbane's sales market, Spring Hill, trends in Brisbane property | No Comments »
Posted by Richard Fleming on 20 January 2010
After much anticipation Quattro on Astor has just been released onto the Spring Hill market with its major launch last weekend. The building has been sitting there for a year or so without any activity as a result of the developer going into receivership.
I looked around the development yesterday which comprises of 52 residential apartments which are all 2 bedrooms, most with 2 bathrooms. Although Quattro has only officially been on the market a number of days reports are that 60% of the apartments already have contracts on them.
A great vote of confidence for the local Spring Hill market!
Its location is on the junction of Spring Hill, the CBD and the Valley and is ideal for virtually everything that central Brisbane has to offer.
Great thought has gone into the design of the apartments. One of its best features in my opinion are the generous balcony areas. A good spot to enjoy not only the views but also the sub tropical climate that us Queenslanders love. The rooftop pool, spa and sauna looks like a great spot to exercise and relax. Overall the design and quality of finish is high.
Remaining apartments are priced from $490,000 so if you can picture yourself in this environment give me a call (0404 397 117) ASAP as these apartments won’t last long. I’d be happy to show you around, you won’t be disappointed!
Tags: Astor Terrace Spring Hill, Quattro on Astor Spring Hill
Posted in Brisbane's future & new infrastructure, Brisbane's sales market, Spring Hill, real estate marketing | No Comments »
Posted by admin on 15 January 2010
The latest RTA data is out and the graph below shows rents increased slightly in the December 2009 quarter, with median rent for a 2 bedroom apartment up $10 and back to the June figure of $540. The past year saw some tenant job losses and some rent drops.
For the most part though the area proved resilient and it’s the corporate and executive rental markets that have been most effected. There’s a much smaller number of rented houses in the area and their rent also crept back up to previous levels – now $500 for a 3 bed.
This is still far and away the most expensive rental destination in Brisbane and the number of rented homes is shrinking, with first home buyers and other owner-occupiers moving in at the expense of tenants.
Losing 165 homes from the rental pool this past quarter alone, it’s now at its lowest level in 3 and a half years. So while the new developments of 2003 to 2006 did boost supply enormously the number of rental homes on offer to tenants now is low and still shrinking.
Note: The RTA groups all of postcode 4000 including the CBD, so the stats quoted here cover the 2 suburbs.
Visit www.WhatRentMyHome.com.au for the latest median rents on other Brisbane suburbs or email me at karenb@beesnees.com.au if you’d like a rental market estimate for your property.
Tags: Brisbane rents, median rents Brisbane, rental supply Brisbane, Residential Tenancies Authority
Posted in Spring Hill | No Comments »
Posted by Richard Fleming on 9 January 2010
Rumour has it that the ‘Ghost building’ of Spring Hill is about to have some activity that is sure to create a buzz of excitement in the local property market.
Quattro on Astor, a new residential development located on Astor Terrace, has been lying dormant for the best part of a year as a result of the developer going into receivership. Never lived in it’s been an odd sight for the suburb.
We’ve all been wondering what its future held and now hear the 52 apartments will go to the market.
Once these apartments are released it will be the biggest development to hit the Spring Hill market for quite some time. And in a great spot. Watch this space for further developments.
Tags: Astor Terrace Spring Hill, Quattro on Astor Spring Hill
Posted in Brisbane's sales market, Spring Hill | No Comments »
Posted by Richard Fleming on 8 January 2010
Spring Hill apartments are set to break through the $1 million sale price barrier for the first time with the brand new development of Mountview Residences. Prices start from $1.8 million and are due to set new records in terms of sales price for apartment living in Spring Hill.
At present the highest priced apartment in Spring Hill was sold by Bees Nees at Oxygen Apartments, a penthouse for just under $1 million.
Mountview Residences is a new $25 million luxury development which consists of 9 one level 3 bedroom apartments and 1 three storey penthouse. The development is perched on the highest point in Brisbane’s CBD at the very top of Spring Hill on the corner of Leichhardt and Downing Streets.
Its elevation will capture views of both the city skyline and hinterland. Each residence will have quality luxurious finishes both internally and externally. Construction is expected to start early 2010 and to be completed by mid 2011.
Tags: Downing Street Spring Hill, Leichhardt Street Spring Hill, Mountview Residences Spring Hill, Oxygen Apartments Spring Hill
Posted in Brisbane CBD, Brisbane's sales market, Spring Hill, architecture and renovation, trends in Brisbane property | No Comments »
and in the posts below you’ll find plenty of info about the area and its property market. If you’d like recent stats on the local market download our research team’s 
