couriermail.com.au/property November 24-25, 2012 The Courier-Mail 13

FRST

A professional approach to design and amenities is raising the bar in gentrifying Annerley

CUTTING-EDGE: The latest technology and intelligent use ofspace provide convenience and comfort throughout.

Fresh breezein townhousesFresh breezein townhouses

CONSTRUCTION has begunon six high-tech, split-leveltownhouses in an urban re-newal area on Brisbane’ssouthside.

The residential developerUlyssus is working withHutchinson Builders to createthe Waterton at Annerley withone townhouse already sold.

Prices start at $549,000 forthe three-bedroom, two-bathroom homes.

Ulyssus director GerardMcNamara says each homewill be operated through awall-mounted iPad, providing

wireless hi-fi, security andinternet access.

Other smart devices such asa TV, fridge and washing ma-chine, can also be integrated.

‘‘Waterton seeks to capitaliseon the ongoing gentrificationof the Annerley area,’’McNamara says.

‘‘Inner-city buyers increas-ingly expect technology inte-gration as standard in thedesign scope of new properties– perhaps more so at the

market’s higher end. This iswhere Waterton has beenclever.

‘‘The price point is achiev-able for the area.’’

Marketing agent ChristineHayes-Brown of Project Prop-erty Sales says the project is afirst for the area.

‘‘The design has taken amuch smarter approach tomaximising space and out-look,’’ she says. ‘‘What strikesme as most appealing is the

modern feel. The experience ofWaterton is luxury – the clearspaces, the incredible views,the gorgeous finishes andthe amenities.’’

Architect Tim Carman de-scribes Waterton’s perspectiveas unique.

‘‘Rather than taking thestandard, street-facing option,Waterton’s outlook clearlycapitalises on the easterlyview towards Mount Gravatt,giving every town-home a

stunning view,’’ Carman says.‘‘This perspective allows for

natural east-west air flow, animportant lifestyle factor fortown-home living.

‘‘The split-level plan acrossthree floors feels much biggerthan the geographic footprintwould indicate and the hugebalcony offers additionalliving space.

‘‘With city living increasinglyshifting to smaller dwellings,buyers are becoming more

discerning in their demands ofproperty features and finishes.

‘‘Waterton lives up to itsethos of designer living withoutthe designer price tag.’’

Buyers Cheryl and WilliamWilshere plan to move intoWaterton with their four-year-old daughter Penina, beforerenting the property out afterseveral years.

They were attracted by thedesign – particularly the splitlevels – and the location.

Investment poolfor Brightwater

BRIGHT IDEAS: GregTuckwell and Syd Walker.

A GROUP of Sunshine Coastinvestors will build 45 town-houses at Stockland’s Bright-water community in MountainCreek.

The syndicate, led by ac-counting firm the Poole Group,paid $2 million for the site ofmore than 8000sq m at Kurri-mine Cres.

Kingfisher Court has beendesigned by local architectsBlackburne Jackson, withMurphy Builders due to startconstruction early next year.

The two and three-bedroomtownhouses will be priced from$330,000 to $390,000.

Project leader Greg Tuck-well says the group has confi-dence in the precinct becauseof its proximity to multi-billiondollar residential, medical andcommercial developments.

‘‘Kingfisher Court is just five

minutes drive to the 450-bedSunshine Coast UniversityHospital as well as the associ-ated 200-bed Ramsay Healthprivate hospital, and a majorhealth and education hub,’’Tuckwell says.

Marketing agent Syd Walkerfrom Place Projects says thedevelopment is registeredunder the National RentalAffordability Scheme.

Developer’s Bli Bli buyBRISBANE private developerWM Projects has taken overthe 500-lot Parklakes estate(pictured) at Bli Bli.

Director Kent Madders saysmarket research revealed BliBli was an ideal location for thecompany to stake its claim onthe Sunshine Coast.

‘‘It’s so well connected toMaroochydore CBD and theairport as well as great beachesat Maroochydore and Mud-jimba,’’ he says.

The estate has 157 lots re-maining for development and asmall number of earlier-releaseblocks priced from $195,500still available.

Madders says WM Projectswill release the next stage of 29blocks within a few months.Prices will average in the low$200,000 range for blocks of450sq m to 660sq m.

‘‘The land is flat so there areno additional earthworks re-

quired for construction andthey would be ideal for asizeable home with a pool or ashed and room to entertain,’’Madders says.

The 82ha Parklakes develop-ment includes natural bush-land and parks, a new childcarecentre and several lakes stock-

ed with Australian bass forcatch-and-release fishing.

Work is expected to beginearly next year on the Park-lakes Sport Complex at thesoccer fields.

UDIA Sunshine Coast vice-president Andrew Stevens saysWM Projects’ investment con-

tinues the momentum return-ing to the local market.

He says projects such as theSunshine Coast UniversityHospital and the planned re-development of the airport andMaroochydore CBD areattracting investors.

Paula Shearer

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