Sophisticated sky homes in Brisbane

Brisbane’s leafy affluent western suburbs have long been sought-after hotspots for those looking to be near the city, university and medical precincts.

And now a new nirvana is being built called Skyhomes Taringa.

Developer Dirk Long said the choice of this site on Morrow St was driven specifically by the Westside Private Hospital.

“The Skyhomes were driven by the mixed used nature of the site and the height that we were able to achieve in this precinct.  The city and mountain views inspired us to create a product that has not been seen in the western suburbs,” Mr Long said.

“The development provides a unique opportunity to have a hotel, child care facility , day hospital and café on your doorstep.  In addition to the facilities this provides for you and your visitors the property is located adjacent to the Taringa railway station allowing easy access to the CBD, Suncorp Stadium and the airport. The architects were briefed to create a warm and sophisticated space that took full advantage of the city, river and mountain views enjoyed by the respective skyhomes.

“A degree of flexibility was built in to create spaces that could be used for a variety of uses as well as catering for ground floor bedrooms now or in the future is desired.

“The rooftop was designed to capture the stunning views and give a space that is exclusive to the residents to enjoy.”

Ray White Toowong agent Kris Matthews said properties that were performing well in this current apartment market were the larger more opulent sized apartments.

“Apartments that fill the void between large family homes and your standard sized 2 and 3 bedroom apartments seem to be the most desired right now and this is being reflected in the interest and prices achieved,” he said.

“Due to the lack of quality, expansive higher end apartments in Brisbane, buyers are will to pay top dollar for such properties,” he said.

Back in 2007/8 there was a number of unit developments in Brisbane such as Tennyson Reach at Tennyson that provided the expansive 3 & 4 bedroom apartments, which were highly desired due to their size.

Fast-forward and developers then started building typical investor  2 & 3 bedroom apartments, which lacked style or space.

“Local developers are finally starting to realise that and we are now seeing some spectacular apartments become available in the Brisbane prestige apartment market,” Mr Matthew said.

“There hasn’t been anything comparable recently in the Western Suburbs to these Skyhomes.”

The team at Ray White predict the Skyhomes’  buyers will be looking for a downsizing alternative.

“They potentially live in the area or surrounds and won’t want to leave all the conveniences they have become use to. They will want a downsizing opportunity that still provides the space for when family or friends come to visit and doesn’t necessarily feel like your typical apartment,” Mr Matthews said.

THE DETAILS

Project name: Skyhomes Taringa – Westside Private Hospital

Project website: Currently under development

Address: 32 Morrow Street, Taringa, Brisbane

Developer:  Co-Developed by Evans Long & Montserrat Hospital

Architect:  Mode

Builder: Evansbuilt

How many skyhomes in total: 7 (5 for sale)

Sizes: 175sq m – 241sq m

Rents: Expected rental return in the vicinity of $1400 – $1600 per week.

Sale prices: Prices ranging from $1.6 million – $2 million

Sales launch: June 2018

Building completion date: Late September 2018

Sale Agent: Ray White Toowong agents Sharon King and Kris Matthews