The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Interested in a Corporate TUD+ Membership? Access premium content, site tours, event discounts and networking opportunities
Interested in a Corporate Membership? Access exclusive member benefits today
Enquire NowEnquire
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Partner Lab
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
OtherStaff WriterMon 05 Sep 16

Brisbane Unit Delivers Over $400,000 Gain In Three Years

Hamilton-Reach_The-Keelson_620x380

A luxury villa within Frasers Property Australia’s Hamilton Reach development has sold for more than $400,000 than its 2013 off-the-plan sale price.

The four-bedroom, four-bathroom river-fronting villa within Hamilton Reach’s prestigious The Keelson release sold in May 2016 for $2.75 million. Its 2013 off-the-plan sale price of $2.33 million means the sellers walked away with an 18 per cent gain, or over $400,000.

Cameron Leggatt, General Manager Residential Queensland for Frasers Property Australia, said while this was a standout performer, other recent re-sales demonstrated strong demand for the Hamilton Reach precinct and the quality of its product.

“We firmly believe that residences that are well designed, well built and well located will stand the test of time,” he said.

Mr Leggatt said while there was no doubt Brisbane’s apartment market had become an increasingly congested space, buyers would continue to seek out quality.

“Since the project’s inception in 2011, our focus has been to create homes that are unique, high quality and highly desirable in a master-planned community. We have achieved over $300 million in sales during this time, which shows that buyers are responding,” he said. “We believe the market sees value in the established Hamilton Reach master plan and the premium nature of the product we are delivering here, so it is very pleasing to see such a large uplift in this recent re-sale.”

The Keelson villa features four bedrooms, four bathrooms and a four-car garage as well as a private swimming pool, gourmet-style kitchen and sweeping river views. The current release at Hamilton Reach, Riverlight, will feature 240 one, two and threebedroom apartments across two buildings offering expansive river and parkland views.

Riverlight’s construction is expected to start within months and be completed in the first half of 2018. One-bedroom + multipurpose room apartments in Riverlight are priced from $440,000, while two- and three-bedroom configurations are priced from $467,500 and $637,500 respectively.

Hamilton Reach is an established master-planned community located within the Northshore Hamilton Urban Development area, one of Australia’s largest waterfront urban renewal projects.

ResidentialAustraliaReal EstateSector
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
ADVERTISEMENT
TOP STORIES
Exclusive

Brains, Guts and Determination: How Salvo Property Shapes Melbourne’s Skyline

Marisa Wikramanayake
5 Min
Fraser and Partners founder Callum Fraser
Exclusive

Saving Our CBDs: Architect’s Blueprint Paves Way for Office-to-Resi that Works

Leon Della Bosca
8 Min
Exclusive

Watchdog’s Court Loss Throws Spotlight on Union Balancing Act

Clare Burnett
6 Min
Time and Place's The Queensbridge Building at 90 Queens Bridge Street in Melbourne's Southbank.
Exclusive

Innovation Keeps Time & Place’s Southbank Skyscraper Rising

Marisa Wikramanayake
6 Min
Breathe Architecture founder Jeremy McLeod in front of his Featherweight Home design
Exclusive

Nightingale Founder’s Bid for Affordable Architectural Kit Homes

Leon Della Bosca
7 Min
View All >
Novus on Victoria Chatswood
Build-to-Rent

Novus Plots Second BtR Tower for Chatswood

Renee McKeown
Westmead Gene Technologies Building EDM
Life Sciences

Plans for $272m Parramatta Biomedical Facility Go Public

Clare Burnett
Exclusive

Brains, Guts and Determination: How Salvo Property Shapes Melbourne’s Skyline

Marisa Wikramanayake
Data, 3D tech and careful research are vital, but count for little without the courage to back it up, says James Maitlan…
LATEST
Novus on Victoria Chatswood
Build-to-Rent

Novus Plots Second BtR Tower for Chatswood

Renee McKeown
2 Min
Westmead Gene Technologies Building EDM
Life Sciences

Plans for $272m Parramatta Biomedical Facility Go Public

Clare Burnett
3 Min
Exclusive

Brains, Guts and Determination: How Salvo Property Shapes Melbourne’s Skyline

Marisa Wikramanayake
5 Min
PBSA DA Hindmarsh Square student accomodation tower
Student Housing

Student-Friendly Adelaide Draws 35-Storey PBSA Proposal

Renee McKeown
3 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/brisbane-unit-delivers-400000-gain-three-years