Upper Mount Gravatt is leading the development charge in Brisbane property as its million dollar apartment project proves a ground-breaking success with locals after an urban feel.
The apartment project
Sky Gardens has reportedly sold 90 per cent of the first buildings apartments within 12 months leaving only six one and two-bedroom apartments still available.
Sunnybank Hills consultant Alex Stevenson said that the market project was not expected to propel such an attraction amongst local downsizers and young people.
“Twenty-something’s who have family nearby and want cosmopolitan conveniences are also buying here,” he said.
Westfield Garden City has grown by $400 million with 40 per cent in retail space since 2013 through redevelopment and Mr Stevenson said that the area has a lot more energy now with the recent bars and reinvigorated shopping centre.
The Commonwealth Bank revealed mid-way through the launch last year that there was a demand for being well connected to the centre of town and that Mount Gravatt would be a future focal point for the Brisbane City Council because of its ideal transport corridor to the city.
The Sky Gardens compromises 112 apartments across two eight level buildings.
The apartment development totalled $53 million.
It is located within walking distance from the popular Westfield Garden City shopping centre.
