The Urban Developer
AdvertiseEventsWebinarsUrbanity
Industry Excellence
Urban Leader
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Urban Leader Awards Logos RGB White
NOMINATIONS CLOSE SEPTEMBER 12 RECOGNISING THE INDIVIDUALS BEHIND THE PROJECTS
NOMINATIONS CLOSING SEPTEMBER 12 URBAN LEADER AWARDS
LEARN MOREDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
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
Stockland bumps up its apartment pipeline in melbourne and sydney
Exclusive

Stockland Re-Enters Density in $5bn Apartment Play

Renee McKeown
4 Min
Woolloongabba Precinct Vulture St
Exclusive

Brisbane Developer in Cross River Rail Compensation Tussle

Clare Burnett
4 Min
The Mondrian Gold Coast hotel's food and beverage is driving profits
Exclusive

Touch, Taste, Theatre: What’s Driving Mondrian’s Success

Renee McKeown
6 Min
Fortis’ display suites are designed as brand environments first, with tactile details and curated design to build buyer confidence before project specifics.
Exclusive

Relevant or Redundant: Will Tech Kill Display Suites?

Vanessa Croll
7 Min
Exclusive

Missing Heart: Why The Gold Coast Needs a CBD

Phil Bartsch
7 Min
View All >
The Adelaide purpose built student accommodation market is about to increase by 1058 beds with the State Commission Assessment Panel supporting two towers in the making.
Student Housing

Highrise Approvals Add 1000-Plus PBSA Beds in Adelaide

Renee McKeown
Stockland bumps up its apartment pipeline in melbourne and sydney
Exclusive

Stockland Re-Enters Density in $5bn Apartment Play

Renee McKeown
JQZ Parramatta EDM
Residential

JQZ Plots 10-Storey Addition to Parramatta ‘Auto Alley’ Plans

Clare Burnett
The Sydney developer is pushing ahead with a project it picked up following the collapse of Dyldam in 2020....
LATEST
The Adelaide purpose built student accommodation market is about to increase by 1058 beds with the State Commission Assessment Panel supporting two towers in the making.
Student Housing

Highrise Approvals Add 1000-Plus PBSA Beds in Adelaide

Renee McKeown
3 Min
Stockland bumps up its apartment pipeline in melbourne and sydney
Exclusive

Stockland Re-Enters Density in $5bn Apartment Play

Renee McKeown
4 Min
JQZ Parramatta EDM
Residential

JQZ Plots 10-Storey Addition to Parramatta ‘Auto Alley’ Plans

Clare Burnett
3 Min
Aerial view of Caboolture and Bruce highway to Brisbane with Bribie Island Road crossing, Queensland, Australia
Policy

Queensland’s $2bn Push Opens New Housing Front

Vanessa Croll
2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://www.theurbandeveloper.com/articles/brisbane-unit-delivers-400000-gain-three-years