Spyre Group Launches West End Apartment Project

Queensland developer Spyre Group has launched a $77 million residential tower in Brisbane's West End.

SOKO Waterfront will have 120 apartments overlooking the Brisbane River.

The project will incorporate a virtual concierge and automated number plate recognition entry systems.

SOKO’s virtual concierge will enable residents to access body corporate services and information, lodge maintenance requests, “What’s On in Brisbane” events and deals, book facilities and optional upgrades for monitoring electricity usage etc.

Marketing agent Syd Walker of Place Projects, said the virtual concierge was a first for a Brisbane apartment building.

“Anything to do with the building’s facilities, body corporate, management as well as special discounts will be at each resident’s fingertips,” he said.

“Like the apartments themselves it is very sophisticated and contemporary and will make life easier for residents.”

Interior[/caption]Spyre Group recently secured development approval for the apartments at 21 Duncan Street, within walking distance to the vibrant nightlife of Brisbane’s West End.

Designed by Vabasis Architects, SOKO Waterfront will comprise a mix of one, two and three-bedroom apartments.

Mr Walker said demand for luxury apartment living had dramatically increased with buyers wanting to secure a foothold in the growing Brisbane market.

“We are seeing an even split between owner-occupiers and investors,” he said.

“Owner occupiers are enjoying the great lifestyle benefits that West End offers – while investors are seeing opportunities for high rental yields."Soko Waterfront’s one-bedroom apartments are priced from $379,000, with two-bedroom configurations from $569,000 and three bedrooms starting at $950,000.

Rooftop[/caption]Established in 2007, Spyre Group’s previous projects include multi level developments in Ascot and Brisbane’s Northside as well as previous land subdivisions in the Sunshine Coast region and beyond.