$27 million Brisbane development London Residences begins July

Construction is slated to begin July on Ferro Property Group's $27 million London Residences in Brisbane.

The residential development, 10 Bailey Street, West End, will feature 27 three and four bedroom residences, three 2-story manors, two terrace residences and 22  three bedroom residences.

Marco Ferro, developer, said the boutique market for larger, custom-designed three and four bedroom apartments in Brisbane was largely untapped and very strong.

“We purchased the site at 12 Bailey Street about 12 months ago and since then have been focused on perfecting the design both internally to ensure each Residence is completely unique and special for owners, and externally, to ensure London Residences complements the West End character and location," he said.

“We know the boutique owner-occupier market have very specific needs – and to meet these we have created a mix of oversized residences  - unique 2-story Manors that feature three bedrooms plus sitting rooms, The Terraces which are over 200sqm and home to 4 bedrooms plus study as well as the range of 3-bedroom Residences.

"Completely new to the market is the storage plans – we have dedicated half a floor to storage for owners, each ranging from 6-14sqm and attached to the Title, as well as car parking for 2 to up to 4 cars per residence. This is a flagship development, with owner needs pre-empted and delivered.”