Brisbane heritage project The Residences more than half sold
Sales at one of Brisbane’s The Residences at Yungaba House have passed the halfway point.
Launched mid last year, The Residences represents Frasers Property Australia’s restoration of the 130-year-old landmark building fronting the Brisbane River at Kangaroo Point.
Some six of the 10 resulting luxury bespoke apartments have sold.
Amongst the purchasers is a Hong Kong-based ex-pilot who collects heritage properties around the world.
A Brisbane-based couple who have renovated several homes and have another property in Sydney, have also now chosen The Residences.
Other buyers are a Gatton couple in their 60s who use the property during visits to Brisbane, and the Residences’ first buyer, a young family from Bulimba, who secured Residence Five for $3.6 million shortly after the flagship project’s launch.
Cameron Leggatt, general manager residential Queensland for Frasers Property, said while the purchasers in The Residences come from various backgrounds, they all share a love of unique heritage property.
One of the remaining residences for sale, Residence Four, is now open for viewing and has been furnished with hints of modern colour and styling while respecting the heritage features of the home.
The Residences at Yungaba House earned a nomination in the upcoming UDIA National Awards for Excellence after winning the Medium Density housing category of the UDIA (Qld) Awards in November. The project is also a finalist in this year’s Property Council of Australia (Qld) Awards in the Heritage Development category.
Dating back to 1887, Yungaba House served as an immigration facility, army refuge, accommodation centre, war-time hospital, design studio and community group hub before its transformation into 10 residences.
Facing east to the water, the three and four-bedroom homes have modern kitchens and amenities, complemented by high-tech security throughout.
Each private residence blends the elegance of history with the ultimate in modern amenities to deliver a rareoffering that is destined to become Brisbane’s most exclusive residential address.
The homes overlook the 3,000 square metre heritage-listed gardens and lush parklands that surround Yungaba House.
The adjacent Recreation Centre provides residents-only access to a private gymnasium and 25 metre infinity edge pool.
The remaining Residences, priced from $2.85 million, are open for viewing each Saturday from 10am to 10.30am and 2pm to 2.30pm.
