10 posts tagged “riparian”
There are a number of apartments for sale in Riparian (71 Eagle Street) at present.
- Apt 4404 - 3 bedrooms - 314sqm - receiver's auction (current owner is Nick Seirlis, a real estate agent who paid $2.9M in September 2005)
- Apt 4504 - 2 bedrooms (last sale - $1.5M in 2006)
- Apt 4702 - 2 bedrooms (last sale - $1.6M in 2006)
- Apt 4703 - 3 bedrooms - 269sqm - receiver's auction (Nick Seirlis paid $3.2M in 2007)
- Apts 4602 & 4603 - have been joined together - 530 sqm (paid $5M in 2007)
- Apt 4803 - 3 bedrooms - 317sqm (sold for $1.9M in 2004)
- Apt 4801 - 3 bedrooms - 376sqm (sold for $1.6M off the plan in 2002)
- Apt 4802 - 3 bedrooms - Noel Robinson's apartment - he was the only person who purchased an empty shell. The AFR says he purchased the shell, and did the fitout, and is now looking for $3M. This has been on the market for some time. Another auction is planned for late October.
But 4104 (2 bed, 183sqm) is reported as being sold for $1.4M about the same time.
Admiralty Towers One - 3 bed, 2 bath, 2 car, 148 sqm, level 19, sold in March 2009 for $1,200,000
Admiralty Towers Two - 2 bed, 2 bath, 1 car, 106 sqm, level 14 - sold in March 2009 for $725,000
Quay West - 1 bedroom, 1 bath, 1 car - 75sqm, level 4 - sold in April 2009 for $450,000
Riparian - 2 bed, 2 bath, level 41 - sold at auction for $1,400,000
Grosvenor - 3 bedrooms sold at auction for $1,535,000 on 3 July
There are four apartments for sale on the one floor in Riparian -- for about $15 million total. Thus, you can buy the whole floor, and have 12 bedrooms and 14 carparks!
"BRISBANE: Unit prices in an an exclusive city residential tower continue to soar in the face of economic crisis, and cashed-up investors are lining up for a piece of the action.
The Riparian Plaza in Eagle St houses three of the inner-city’s most expensive residential properties sold last year, and their values were up 27 per cent compared to similar properties sold at the same time in 2007."
See City News
Trilogy (proposed) - 265 m
Vision (proposed) - 259 m
Empire Square (proposed) - 250 m
French Quarter (proposed) - 230 m ??
Aurora - 207 m
Riparian Plaza - 200 m
Empire Square - Level 50 - 182 m
Trilogy - Level 48 (First Skyhome floor) - 175 m
Skyline - 150 m
Waterfront Place - 162 m
M on Mary - 145 m
Charlotte Towers - 138 m
Festival Towers - 135 m
Trilogy - Level 36 (First Hotel floor) - 135 m
Felix - 131 m
Admiralty Towers Two - 126 m
Casino Towers - 120 m
New Buildings - Furnished
1 bed, no car - M on Mary - $500 per week
2 bed, 2 bath, 1 car - Evolution - $900 per week
2 bed, 2 bath, 1 car - Skyline - $1,300 per week
3 bed, 2 bath, 1 car - Skyline - $900 per week
3 bed, 2 bath, 3 cars - Riparian - $2200 per week
Other Buildings - Furnished
2 bed, 2 bath, 1 car - Admiralty Towers - $680 per week
2 bed, 2 bath, 1 car - Saville South Bank - $740 per week
New Buildings - Unfurnished
2 bed, 1 bath, 1 car - Evolution - $650 per week
2 bed, 2 bath, no car - Aurora - $660 per week
3 bed, 2 bath, 2 car - Skyline - $1500 per week
3 bed, 2 bath, 3 car - Riparian - $1850 per week
Other Buildings - Unfurnished
2 bed, 2 bath, 1 car - Admiralty Two - $580 per week
2 bed, 3 bath, 1 car - Metro 21 - $575 per week
Google runs an interest photos website, Picasa, that has many interesting photos of Brisbane, including apartment buildings. Some are fantastic. Here are my favourites:
http://picasaweb.google.com/maruglenn/LessonsFromBrisbane
http://picasaweb.google.com/ronstuff17/CityPics
http://picasaweb.google.com/gscottie/Brisbane07
http://picasaweb.google.com/LaurieDryburgh/BrisbaneQueenslandAustraliaMarch2007Photos
http://picasaweb.google.com/kraustin/AroundBrisbane
http://picasaweb.google.com/jwknuth/DowntownBrisbaneAustralia
http://picasaweb.google.com/ehsan.ketabi/BrisbaneAustralia
http://picasaweb.google.com/tbraisby/BrisbaneToday
http://picasaweb.google.com/wandering.outdoors/Brisbane
http://picasaweb.google.com/markwilloughby75/Brisbane20062008
Riparian
http://picasaweb.google.com/fbatch/RiparianPlaza
http://picasaweb.google.com/wwwinno/BrisbaneCitycatCruise
Trilogy Spring Hill
http://picasaweb.google.com/stephenng0729/BrisbaneApartment
Riparian: 3 bedroom with great river views, high quality building: listed at $3,300,000
Admiralty One: 3 bedrooms on high floor, great river views, high quality building: listed at $2,500,000
River Place Villa, 3 bedrooms, listed at $2,100,000
River Place, 3 bedrooms, listed at $2,000,000
Admiralty Two, 3 bedrooms, high quality building listed at $1,300,000
River Place, 2 bedrooms, renovated with new kitchen: listed at $900,000
River Place, 2 bedrooms: listed at $690,000
Quay West: large 1 bedroom over looking the Botanical Gardens, high quality building: listed at $550,000
All the above have "never to be built out" views.
Also, Aurora: 2 bedrooms, corner, high floor, but may be impacted by Trilogy: listed at $749,000
I will be interested to see what these apartments actually sell for. On a price-per-square metre basis, most of these are cheaper than a number of apartments currently in off-the-plan sales.
|
Building |
Number of Resales |
Median Annualized Capital Growth |
Median hold period |
|
Riparian Plaza |
4 |
24.8% |
2.8 years |
|
Grosvenor |
7 |
11.9% |
3.7 years |
|
Admiralty Towers |
10 |
9% |
6 years |
|
KoKo |
15 |
7.6% |
2.3 years |
|
Quay West |
13 |
6.1% |
11.1 years |
|
Festival Towers |
61 |
2.3% |
3.9 years |
|
Charlotte Towers |
13 |
0.8% |
2.9 years |
Capital Growth is only for apartments that were sold in 2007. The median hold period includes time held from original off-the-plan contract date to sale.
Some recent sales of two bedrooms above $800,000
- Parklands, Apt 6042, $875,000
- Felix, Apt 377, $950,000
- Quay West, Apt 1901, $850,000
- Quay West, Apt 2006, $830,000
Some current listings (all two bedrooms)
- Casino Tower Penthouse, $1,300,000
- Riparian Plaza, $2,200,000
- Quay West, Apartment 606, $800,000
- Evolution, Apartment 52 (level 5) (77sqm internal), $958,000
- Evolution, Apartment 166 (level 16) (89sqm internal), $868,500
- Evolution sub penthouse, Apartment 323, $1,640,000
- Evolution, Apartment 344, $1,740,000
- Evolution, $850,000
- Admiralty Towers Two, $815,000
- Admiralty Quays, $880,000
- Parklands, Pinnacle, 9th floor, $1,050,000
- Parklands, Pinnacle, 6th floor, $975,000
- Quest River Park Central, 29th floor, $1,400,000
- Grosvenor on Edward, $1,100,000