Australian first Skystand provides new views for Brisbane apartment buyers

Australian first Skystand provides new views for Brisbane apartment buyers
Australian first Skystand provides new views for Brisbane apartment buyers

Featuring the nation’s only rooftop skystand overlooking a major sports stadium, a new residential development in Woolloongabba has begun marketing.

Adjacent to Brisbane’s Gabba stadium, the Silk One project will boast a rooftop terrace 20 stories high, providing residents views of the ground.

The development is just 300 metres from the planned Woolloongabba Cross River Rail train station, 350 metres from Woolloongabba Busway and within two kilometres of major lifestyle and entertainment developments including Queens Wharf, Howard Smith Wharves and Dexus Waterfront,

"Silk One will combine lifestyle, access and amenity" suggests the developer.

Sarazin managing director Darren Dougan said the developer chose the Woolloongabba site, as it’s in prime position to take advantage of a changing Brisbane market.

“Contrary to the gloom portrayed by oversupply a couple of years ago, the proof is in the data - Brisbane’s off the plan prices are flat, not falling, and are forecasted to grow,” Mr Dougan said.

“Queensland’s interstate migration is the nation’s highest , the affordability gap between 1 Brisbane and Sydney is now at 66 per cent plus the jobs market is surging - with 130,000 2 net new jobs within the past year ,” he said.

CBRE Brisbane Managing Director Paul Barratt confirmed the confidence in Brisbane’s inner-city residential apartment market, “Brisbane not only offers premium value at attainable prices, but with the market due for a natural correction - the Queensland capital is ahead of its southern counterpart when it comes to long-term financial return.”

“Smart money follows infrastructure, and Brisbane’s infrastructure is at an all time high, in fact, there is over $12 billion in projects planned or under construction in the CBD alone,” he said.

The project will deliver 178 residencies comprising a mix of one, two and three bedroom open plan apartments with prices starting from $369,000 (including one car park).

Strategically designed to maximise the birds-eye views of the Gabba stadium, the unique Silk One skystand rooftop will offer an outdoor dining and BBQ space, resort-style pool, gym and spa as well as a big screen TV near the bar to ensure not a minute of the action is missed.

For those wanting to enjoy Brisbane’s glorious weather privately, each of the varying orientations benefit from deep balconies all northerly facing apartments on level eight and above benefit from stunning city skyline views.

Registrations and expressions of interest are now open ahead of the global launch on 23 June 2018

Brisbane Skystand


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