Pyco Group launch Queenslander-style Albion apartment development, Nouveau
Brisbane's inner north-east is the next spot for Sydney-based developers, Pyco Group.
The Sydney-based developers are no strangers to the Sunshine State, having built up an impressive portfolio over the past seven years with projects in West End, Chermside, Newmarket, and Cannon Hill.
The new Albion development, Nouveau, is set to deliver 42 sub-tropical sky homes upon completion, adding to Pyco's impressive project pipeline valued at over $150 million.
Realm Projects Managing Director, Shane Foley, says the Albion location really adds to Nouveau's desirability.
“It’s an amazing, iconic suburb, with wonderful opportunities. It has that laid back vibe but there’s also the buzz and excitement just minutes away,” he added.
The group's latest residences have been designed in a bid to bridge the gap in the Queensland property market.
Designed by DAH Architecture, Nouveau has been designed as a reimagined, contemporary take on a traditional Queenslander.
DAHA's Director, David Hansford, says the project is the outcome of years of planning and hypothesising and making practical and pragmatic space for people to occupy.
“We really took the Queenslander pallet and incorporated it into the apartments to give them a sense of home."
Pyco's Development Director, Ben Dalgliesh, says Nouveau will give buyers a chance to get an architecturally designed home, in a suburb they want to live in, at an affordable price.
“Nouveau has come about from a problem that we've identified in the market: there aren't quality homes that people want in the suburbs they want to live in. We see it as the missing middle; there’s a lot of high-density development, and there's a lot of low-density housing that's unaffordable, but nothing of quality in between".
The apartments within Nouveau have been curated under a single loaded design, which means the residences run right through the building.
Dalgliesh explains the reasoning behind this is to allow each apartment to do more, creating the sense of a more traditional home, rather than a typical unit.
Nouveau's ground floor residences will feature their own front entry, with a private yard at the rear, to mirror the feeling of a traditional home.
Rooftop residences will enjoy oversized private rooftop terraces, and all sky homes take advantage of impressive double height entertaining areas at their terraces, which enhances the feeling of space within the residence.
"The name Nouveau means 'new' and we see this project as a new offering to the Brisbane market," Dalgliesh concluded.