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Brisbane’s Fortitude Valley just got itself a spectacular skyline pool

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Mantra Group have opened a spectacular new property in the heart of inner-city Brisbane, presenting the city with FV by Peppers as part of a landmark $600 million development on Fortitude Valley’s Alfred Street, which also features a luxury long-term letting offering rubbed FV Peppers Residences.

Peppers, a brand known for their mix private self-contained apartments and hotel services, have evidently poured a lot into this modern hotel, which we’re betting will be most popular for its stunning heated u-shaped skyline pool. The hotel will also feature a moonlight cinema, VIP private spa lounges, and a fully equipped gym and yoga retreat with views of the Story Bride and Brisbane City.

The modern-style apartments that make up the accommodation are said to offer a new level of “understated luxury” in Brisbane with a choice of well-appointed, spacious one and two bedroom apartments, each featuring expansive views of the city’s skyline. All feature full kitchens with state-of-the-art appliances, laundry, separate lounge and dining areas, and a private balcony.

24-hour reception, valet parking, Wi-Fi, express checkout, a tour desk and concierge are all the expected inclusions, pushing FV by Peppers as a very welcome addition to Brisbane’s increasingly luxe landscape of hotels.

FV by Peppers are currently running an opening special, with a One Bedroom Apartment from $199 AUD per night for a minimum two-night stay (minimum spend $398 AUD). The special rate is available up until November 30th, valid for stays until 28th February 2018.

Originally Published: abroad.theaureview.com

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Developments

Frasers Acquires Infill Land Site for Masterplan

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Frasers Acquires Infill Land Site for Masterplan
Frasers Property Australia has acquired a rare infill land parcel in south-east Brisbane for $27.75 million with plans to develop a masterplanned community on the site.

The 5.4-hectare site at 179-193 Fursden Road, Carina has been owned by Cobbity Farm Bakeries since 1983.

The listing presented a rare infill development opportunity in Brisbane’s middle ring, according to Frasers Property Queensland general manager Cameron Leggatt.

Frasers Property plans to develop the land parcel, currently occupied by Cobbity Farm’s former bakery, into a masterplanned community comprising traditional housing lots as well as terrace homes and townhouses.

The masterplan will include community amenities and parkland.

“This site provides a strategic opportunity for Frasers Property to bring to the market a suite of new products in an inner-city area that has been largely fully-developed for more than two decades,” Leggatt said.

Frasers Property has already been active in Brisbane’s eastern suburbs, launching the recently completed Coorparoo Squaremixed-use development and the Solito at Carindale.

 

Further down the Australian coast, Frasers acquired a 23-hectare parcel of industrial land in Melbourne’s south-east for $19 million, with plans to build an industrial estate on the land later this year.

Originally Published: theurbandeveloper.com

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Developments

Integrated Aged Care Towers Proposed in Woolloongabba

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Integrated Aged Care Towers Proposed in Woolloongabba
On the same day Lendlease announced their intention to develop an aged care precinct at Brisbane’s Doomben racecourse, local developer Pikos Group lodged an application with the Brisbane City Council for a new 10-12 storey integrated health and aged care facility in Woolloongabba.

Cardno lodged the application on behalf of the Pikos Group’s medical and aged care development arm, “Collective Health and Wellness”.

The Brisbane-based developer diversified into health and aged care development in 2014, after 30 years of residential development.

Located across two neighbouring blocks at 52 and 64 Annerley Road Woolloongabba, the facility will include over 7,678sq m of health care services, an 842sq m child care centre, 70 residential care rooms, 45 retirement units and 876sq m of ground level retail space.

Related reading: Moelis Australia Commits to Aged Care Sector with $53 million Acquisition

Collective Health and Wellness managing director Steven Jones spoke with The Urban Developer about the demand for aged care facilities in Brisbane’s inner-city.

“We had been studying the Mater precinct for some time and through our relationships with key medical professionals we understood the need for a new high quality medical facility to service the growing medical needs of Brisbane.

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“It was always our intention that we would build a world class medical facility that attracted the specialists to the area and further supported the area as the medical hub of Brisbane.” Jones said.

Jones said that the site’s proximity to the Mater Hospital has generated a lot of enquiry from groups looking to co-locate their high-care aged care specialist facilities to be closer to one of Queensland’s largest hospitals.

The project will be split across two sites utilising two separate buildings interlinked to one another – one housing health care and the other a mix of aged care and retirement living.

The development includes a 600sq m rooftop communal recreation space.

The development was designed by Kris Kowalski Architects. Jones said that the developer was sensitive to designing in a way that did not detract from the area.

“We are very fortunate to have good friends in both medical and aged care who have educated us as to the challenges faced in this area and how we can build a facility which highlights the strength of Brisbane as a place for specialised medical treatment through all stages of life.” he said.

The application is currently pending approval from the Brisbane City Council and a commencement date is yet to be confirmed.

Originally Published: theurbandeveloper.com

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Developments

Lendlease Announce Partnership to Develop Aged-Care in Brisbane

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Lendlease Announce Partnership to Develop Aged-Care in Brisbane
Property giant Lendlease has entered into a development agreement with the Brisbane Racing Club to develop an integrated retirement and aged care precinct overlooking the Doomben racecourse.

Developed over five stages, the two-hectare development will include 300 independent living units, 108 full service high-care aged beds and resort-style facilities including a café, restaurant, and a new bowls club.

The Brisbane Racing Club is developing a $1.5 billion master plan, which includes the “reinvigoration” of an 89-hectare site in Brisbane’s Ascot, with Mirvac building the residential component, designed by BVN.

Lendlease’s deal with Brisbane Racing Club comes as the developer re-entered the aged-care sector last year, purchasing 756-bed licences from the federal government on the eastern seaboard and finalising an alliance with Catholic Healthcare.

In 2013, the company had exited the aged-care business, selling its aged-care business to Archer Capital for $270 million. Chief executive Steve McCann said at the time that the aged-care business was more closely aligned to healthcare services than property.

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Tony Randello, managing director of Lendlease’s Retirement Living business, said the company was attracted to the Doomben site’s metropolitan location within seven kilometres of the Brisbane CBD, proximity to Royal Queensland Golf Course, Hamilton Wharf, Racecourse Road and the Brisbane International Airport.

“The site provides an opportunity to develop a market leading, intergenerational retirement and aged care community adjacent to a renowned racecourse,” Randello said.

“We look forward to working in close consultation with BRC, local authorities and the local community to develop the master plan and respond to the ageing population of greater Brisbane.”

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The chairman of Brisbane Racing Club, Neville Bell, said the project was another important step in the BRC’s $1.5 billion master plan.

“This development agreement represents the next phase of the BRC Master Plan over our two racecourses. While we have been active in transforming the Eagle Farm precinct, this is the first project on the Doomben side of our Club,” Bell said.

“This partnership with Lendlease is part of the BRC’s strategy to develop our non-core land. This is producing a diversified business model that will future-proof the BRC and help to fund new racing and patron facilities.”

Lendlease participated in an expression of interest sales process to acquire the site, which is a 99-leasehold interest.

In October, Lendlease announced a sale of 25 per cent of its $1.7 billion retirement living business to giant Dutch fund APG Asset Management in order to support its development plans, with APG being seen as a capital partner with a similar vision.

Lendlease has 71 retirement villages across Australia.

Originally Published: theurbandeveloper.com

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