Construction underway at Dutton Place
There’s something encouraging and positive in construction starting on a new building, especially when the land has been sitting vacant for many years. So the workers at Annerley Road’s “Dutton Place” have created plenty of comment amongst locals as this tiny suburb’s first major residential development gets underway.
Stockwell Group are behind the 100 apartments and their track record is strong. Their recently completed “Riverpoint” Apartments at West End have earned them good respect from buyers and the property industry alike and despite the cooler property market “Dutton Place” has been selling well, even before the ground-breaking. There’s now just a handful of 1 and 2 bedroom apartments still for sale from $380,000.
Like any good real estate the location is key, and “Dutton Place” is central to a number of the big employment nodes in Brisbane’s inner-city. The Mater and PA hospitals, the CBD itself and, via the new busway link, Qld Uni. The Boggo Road redevelopment is just across the street and has itself been a sleepy, huge, empty development site for a long, long time. Finally CSIRO have moved into their new offices and there’s some activity about the place.
Property development can often be controversial in established areas, but this one is injecting energy and a bunch of new residents into a neighbourhood.