As one of Queensland's leading private developers ... · * Midwood Report February 2013 Quarter....

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Transcript of As one of Queensland's leading private developers ... · * Midwood Report February 2013 Quarter....

Page 1: As one of Queensland's leading private developers ... · * Midwood Report February 2013 Quarter. Located in the Brisbane State High School catchment. West End thrives as the culture-rich
Page 2: As one of Queensland's leading private developers ... · * Midwood Report February 2013 Quarter. Located in the Brisbane State High School catchment. West End thrives as the culture-rich

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As one of Queensland's leading private developers, Stockwell Development Group brings more than 55 years of industry experience to Riverpoint on Forbes.

With a successful portfolio of residential, retail, commercial and industrial assets, Stockwell believes in creating sustainable developments and actively supports the economic growth and diversification of each region in which it develops.

Stockwell has long been committed to the revival of West End, developing the $20 million Regatta apartments in 2002, the first residential development in the West End river precinct. The $300+ million Riverpoint development was launched in 2008 and continues Stockwell’s West End legacy through the launch of the final stage.

These developments continue to strengthen the quality and prosperity of the West End property market.

www.stockwell.com.au

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We are proud to launch the final stage of development at Riverpoint.

It’s clear from the constant positive feedback that our residents love the quality of lifestyle and riverfront location in West End.

The success of our first stages combined with the zero vacancy rate, has spurred on a growing demand from investors for this type of product in West End.

We invite you to familiarize yourself with the project and take this exclusive opportunity to invest in the Riverpoint development.

Riverpoint offers convenience, accessibility and a community atmosphere.

We love our product, and so will you!

Mark Stockwell

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Brisbane, the capital city of Queensland, is the fastest growing capital city in Australia. Brisbane has recorded the strongest growth, in number terms, recording a population increase of approximately 36,000 per year.*

Brisbane is at the heart of the rapidly growing SEQ region with 2.8 million people, and services a four hour drive market of well over 3 million people.

Over the next 20 years the population of Brisbane City is projected to increase to 1.4 million, while the population of metropolitan Brisbane reaches 2.4 million.*

Strategically located halfway up Australia’s eastern coast and close to Asia, major investments have been made in port, airport, road and rail infrastructure in recent years.

Brisbane is a very liveable modern city in a riverside setting with many National Parks and South Pacific surfing beaches less than an hours drive from the city centre.

* Midwood Report February 2013 Quarter.

Located in the Brisbane State High School catchment.

West End thrives as the culture-rich hub of Brisbane.

Once an industrial community, West End has witnessed an incrediblerenaissance, transforming into a vibrant café precinct alive with delis, art galleries, markets and designer boutiques.

Commerce mixes with the arts as Queensland’s finest theatres, galleries and museums lie minutes from the vigour of Brisbane’s CBD.

Ethnic and organic grocery stores emerge among the café and restaurant lined streets, while Davies Park on the riverside hosts one of Brisbane’s most popular markets every Saturday.

West End is recognized as a highly sought after urban renewal precinct with plans to continue to develop the cultural, educational and community facilities, as well as the residential and shopping precincts while retaining open space and improving the transport links.

Water sports, rowing regattas, cycling and walking paths encourage people to make the most of this inspiring suburb.

These elements provide the fabric of a suburb which has much to offer the young family, professional couple, retired empty nesters and investors alike.

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Page 6: As one of Queensland's leading private developers ... · * Midwood Report February 2013 Quarter. Located in the Brisbane State High School catchment. West End thrives as the culture-rich

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0

5,000

10,000

15,000

20,000

25,000

30,000

,

2002

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2004

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2008

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2010

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2012

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2014

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2016

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2020

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2022

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2024

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2026

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POPULATION

YEAR

PROJECTED 990 NEW RESIDENTS PER ANNUM

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2

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12 BRISBANE STATE HIGHSCHOOL

KEY INSIGHTSMONTAGUE ROAD

CORONATION DRIVE

VULTURE STREET

ORLEIGH PARK

DAVIES PARK

MUSGRAVEPARK

BOUNDARY STREET

RIVERSIDE DRIVE CORDELIA STREET

MERIVALE STREET GREY STREET

PEEL STREET

GOODWILL

BRIDGE

GO BETWEEN

BRIDGE

KURILPA

BRIDGE

VICTORIA

BRIDGE

SOUTH BRISBANE

HIGHGATE HILL

BRISBANE CBD

AUCHENFLOWER

MILTON

WEST END

BOUNDARY STREET RETAIL & DINING

PRECINCT

WEST END DINING PRECINCT

MOLLISON STREET

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2

3

4

5

6

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1110

12

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$0

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$400,000

$500,000

$600,000

$700,000

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Dec-

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NUMBER OF SETTLE TRANSACTIONS

WEST END CATCHMENT

WEST END

NUMBER OF SETTLED TRANSACTIONS

Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13

1 BED BRISBANE

1 BED WEST END/SOUTH BRISBANE

2 BED BRISBANE

2 BED WEST END/SOUTH BRISBANE

150

250

350

450

550

WEST END HAD AN AVERAGE PREMIUM OF 27% OVER BRISBANE BETWEEN 2008 & 2012

$460

$595

$1,100

$320

$500

$745

$0

$200

$400

$600

$800

$1,000

$1,200

1 Bed2 Bed3 Bed

MEDIAN RENTAL $ PER W

EEK

NEW PRODUCT WEST END CATCHMENT

TOTAL PRODUCT WEST END CATCHMENT

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Name: Riverpoint on Forbes

Project address: 55 Forbes Street, West End, Brisbane QLD 4101

Project Description: Riverpoint on Forbes, set over two buildings called Fortune and Breeze, is the final stage in the sought after Riverpoint development.

Project location: Riverpoint on Forbes is perfectly situated on Forbes Street at the most elevated riverside position in the tranquil southwestern pocket of West End, just 2km from Brisbane CBD.

Total Apartments: 110 apartments in Fortune and 38 apartments in Breeze

Car Parking: The secure basement car parking, accessible from Forbes Street and Ferry Road will provide 161 spaces for residents along with 84 visitors carparks for the development. The generous allowance for car parking will ensure that all apartments will be allocated on title a minimum of one car space, with some apartments allocated 2 spaces.

Facilities: Lap pool, leisure pool, gym and residents function room. Provision for broadband internet and cable TV.

Security: High level of security including CCTV and at main access points voice security with card access to lobbies of all building entrances and the basement.

Onsite Management: Riverpoint provides a maintenance-free lifestyle, withdedicated onsite managers caring for the secure landscaped grounds, pools, gym and function facilities to the highest standard.

Developer: Stockwell Development Group Pty Ltd

Architect: Mode Design

Configurations: 1, 2 and 3 bedroom apartments

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Breeze is located on the south-eastern side of the development and will consist of 38 apartments.

Fortune is located on the north-eastern side of the Riverpoint development and will consist of 110 apartments.

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Note: Plans are not to scale, show our current design only and are subject to change. Colours are not indicative of actual apartment finishes. Location of fixtures and fittings may vary. Windows may vary in location and size. Intending purchasers should make their own enquiries as to the details of the development which are subject to change without notice. Neither Stockwell Development Group Pty Ltd, Stockwell Property Management Pty Ltd nor Riverpoint Developments Pty Ltd guarantees the accuracy of this information, nor accepts responsibility for any action taken by intending purchasers in reliance on this information.

APARTMENT FEATURES

Spacious open plan living area

Functional kitchens

Quality European appliances

Architectual design that maximises light

Private Balconies

Secure undercover parking and optional storage

Secure landscaped grounds with recreational pool, lap pool, gym and function room

High level of security

Split System air-conditioning

The full range of floor plans is available in the floor plan guide.

1 Bedroom1 Bathroom Courtyard apartment

2 Bedroom2 Bathroom Courtyard apartment

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* Rental appraisal provided by Ray White South Brisbane

* Rental appraisal provided by Ray White South Brisbane

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Suncorp Stadium

William Jolly Bridge

Go Between Bridge

CityCat Terminal for Toowong Village and Regatta Hotel

Davies Park Markets

Brisbane City

South Brisbane Cultural Precinct

Gallery of Modern Art

Qld Performing Arts Centre

South Bank Beach & Parklands

Brisbane Convention and Exhibition Centre

Brisbane State High School

Coles and West End Markets

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Mater Hospital

The Green Bridge

West End CityCat Stop

University of Queensland

South Brisbane Sailing Club

Orleigh Park

RecreationalDog Park

CityCat

Brisbane and GPS Rowing Club

Queensland Ballet

CityGlider Bus Stop

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West End’s integrated public transport network supports convenient travel by land and water. Riverpoint residents can travel directly and easily to hotspots such as South Bank, University of Queensland, Suncorp Stadium, The Gabba, Queensland University of Technology, the CBD and many more destinations.

Stroll or cycle along tree-lined riverside parthways.

Utilise CityCycle, bicycles provided by the Brisbane City Council.

The CityGlider express bus runs every 8 minutes in peak hour from West End via the CBD to Teneriffe.

The Go Between bridge links South Brisbane to Milton and provides a convenient link to the Western and Northern suburbs as well as the airport.

The Kurilpa Bridge gives direct access to the CBD for bicycles and pedestrians.

Queensland Rail train stations are located at South Brisbane and South Bank.

Jump on the CityCat ferry at the Orleigh Park stop, just an 8 minute walk from Riverpoint.

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Wick

ham

St

Bou

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y St

Melbourne St

North Quay

Adelaide St

Har

dgra

ve R

d

Mon

tagu

e Rd

Vulture St

Orleigh St

Ann St

Brunswick St

Commercial Rd

West End Ferry

Roma StStation

CulturalCentre

SouthBrisbaneStation

TeneriffeFerry

CentralStation

Fortitude ValleyStation

WestEnd

Woolloongabba

City

zone 2

Cordeaux St

Ganges St

Gray RdMorry St

Hoogley St

Guyatt Park Ferry

St Lucia

Montague Rd

Mollison St

Victoria St

Donkin StMollison St

Melbourne St

Albert St

City HallStop 20

zone 1

City HallStop 43

SouthBrisbane

SouthBrisbane

CathedralStop 28

CentralStop 36

Creek St

Wickham StStop 229

Ann St

Light StStop 7

Light StStop 7

FortitudeValley

BulimbaFerry

Mer

thyr

Rd

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Skyring Tce

Teneri�eFerry

Skyring Tce

Commercial Rd

James St

Newstead

New Farm

Spring Hill

KangarooPoint

HighgateHill

West End Ferry

Universityof Queensland

Cordeaux St

Montague Rd

Donkin St

CulturalCentre

SouthBrisbaneStation

key

diagrammatic map - not to scale

CityGlider route bus stopzone boundaryshopping centreconnecting train stationtrain stationcitycat terminalferry terminalbusway station

CityGliderservicingTeneri�e FerryNewsteadFortitude ValleyAdelaide StCityCultural CentreWest End

pre-paid fareCityGlider is a pre-paid service, wherebypassengers must have a valid TransLinkticket or go card to travel.

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Exterior and interior finishes will reflect the quality that existing Riverpoint residents enjoy. Riverpoint on Forbes has been designed to complement the existing buildings and landscaping. Many superior external finishes applied to the facade, such as glass balustrading, timber, coloured concrete and copper details showcased in the first stage will be incoporated.

A variety of intelligent floorplans are on offer with architectural designs that maximise light and flow through ventilation. All apartments will have spacious open plan living areas and will feature split system air-conditioning to the living areas and bedrooms.

Bedrooms will feature plush wool carpets, walls of sleek wardrobes and soft palettes providing the finishing touches to each of these private and secure havens.

The private undercover entertainer’s balconies will provide relaxing garden views.

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The functional kitchens will have quality finishes including stainless steel European appliances, stone benchtops and ample storage.

Select laminate finish with melamine internal cabinetry.

BOSCH or equivalent standard 600mm stainless steel range hood.

BOSCH or equivalent standard stainless steel 600mm four burner gas cooktop.

Stainless steel 1.5 undermount sink with chrome finish sink mixer.

Select 20mm reconstituted stone bench.

BOSCH or equivalent standard, stainless steel 600mm multifunction electric oven.

Underbench storage cupboards with select laminate finish, satin chrome handles + melamine internal cabinetry.

BOSCH or equivalent standard stainless feel dishwasher.

Select floor tiles, minimum 300mm x 300mm.

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Rain water is captured and stored in underground tanks, which in turn is used to water the gardens

Pre-coloured panels will be used in construction, as well as external materials that require little or no maintenance, all of which improve the sustainability of the development whilst reducing the environmental impact along with maintenance costs for the Body Corporate.

Select laminate finish with individual melamine cabinetry.

Stainless steel undermount 1.5 sink with chrome finish sink mixers.

BOSCH or equivalent standard stainless steel dishwasher.

BOSCH or equivalent standard stainless steel range hood.

BOSCH or equivalent standard stainless steel 600mm multifunction oven.

BOSCH or equivalent standard stainless steel 600mm 4 burner gas cooktop.

Select 20mm reconstituted stone bench top.

Select floor tiling, minimum 300mm x 300mm.

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Semi-recessed basin, vitreous china.

Select 20mm reconstituted stone benchtop.

Select laminate finish with satin chrome handles and melamine internal cabinetry.

Floor to ceiling tiling.

Semi-frameless glass shower screen.

Vitreous china toilet suite.

To ceiling mirror.

Single lever chrome basin mixer.

Single lever polished chrome wall mixer with rail shower.

Select floor tiles, minimum 300mm x 300mm.

Bathrooms feature simple elegant lines and full height tiling.

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Residents enjoy private and secure living spaces, beautiful green views and 4.8 hectares of pet friendly riverfront parklands on their doorstep. Located within the lush gardens of Riverpoint, residents will find a fully maintained delectable herb garden.

We understand that a family unit is not complete without the family pet. With a pet-friendly policy in place, Riverpoint residents enjoy the company of their family pets under 10kg in size.

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Proudly developed by Stockwell – www.stockwell.com.au

2km from Brisbane CBD

Situated in the tranquil pocket of West End

Part of the West End unique, bohemian culture

Walking distance to South Bank, the cultural heart of Brisbane

Close to University of Queensland, South Bank TAFE, Queensland University of Technology

Situated in the Brisbane State High School Catchment

High rental returns, low vacancy rates

On-site Managers

Secure complex

Undercover car parking

60m to Brisbane River and Orleigh Park(4.8 hectares of parklands)

8 minute walk to the Orleigh Park CityCat stop (transport to South Brisbane, the City, Teneriffe)

2 minute walk to the nearest CityGlider bus stop (express bus to the city every 8 minutes)

10 minute walk to the famous Davies Park markets – held every Saturday and well known in Brisbane

West End boasts many cafes, restaurants and specialty shops

20 minute drive to Brisbane Airport via the Go Between Bridge and Airport Link tunnel

Nearest railways stations:  South Bank and South Brisbane

Pet friendly complex for a pet under 10kg

Leisure pool, lap pool, function area and gym

Spacious open plan living areas, functional kitchens with quality European appliances, stone bench tops, full height tiling in all wet areas, split-system air-conditioning throughout

Page 24: As one of Queensland's leading private developers ... · * Midwood Report February 2013 Quarter. Located in the Brisbane State High School catchment. West End thrives as the culture-rich

55 FORBES STREET, WEST END, BRISBANE PH 1300 885 628

NOTE: Whilst all information has been gathered from reliable sources, neither Stockwell Development Group Pty Ltd, Property Management Pty Ltd nor Riverpoint Developments Pty Ltd guarantees the accuracy of this information, nor accepts responsibility for any action taken by intending purchasers in reliance on this information. Actual features differ in each apartment. Intending purchasers should make their own enquiries as to the details of the development which are subject to change without notice. All information contained herein should be read subject to the terms of any agreement of sale.