Two whole-floor Brisbane apartments the most expensive sales of the week: RP Data

Two whole-floor Brisbane apartments the most expensive sales of the week: RP Data
Alistair WalshJuly 2, 2012

The two most expensive sales of the week were whole-floor units in the same building in Queensland’s Kangaroo Point.

The 15-level 1 Scott Street building sits on the south bank of the Brisbane River near the Story Bridge. The fifth-storey apartment (pictured above) sold for $4.13 million, and the 10th-storey apartment (pictured below) sold for $4.62 million.

The near-identical apartments sold on the day the tender closed. They were bought by locally based owner-occupiers. The project approval was secured by the Brisbane developers Waterford Properties with a design by architects Jackson Teece and construction by Hutchinson Builders.

Agent Denise Gustafson from Style Estate Agents says there are no more apartments left in the 2011-built building, with all 12 selling for between $4 million and $8 million.

The apartments were held off the market last year to see if the economy improved. Gustafon says this year there has been a campaign with two tenders every five weeks.

The apartments are both 432 square metres, including a 116-square-metre balcony.

NSW dominated the rest of this week’s 10 most expensive property sales, taking six spots on RPData’s list.

Four-bedroom houses featured strongly on the list, accounting for five of the sales. The remaining positions were taken by a three bedroom unit, a three bedroom house and a five bedroom house.

All of the properties sold for more than $2 million, with four of the 10 sold at auction.

1. 110/1 Scott Street, Kangaroo Point, QLD, 4169, three-bedroom unit, sold on June 29 by Style Estate Agents Brisbane for $4,62,381

2. 105/1 Scott Street, Kangaroo Point, QLD, 4169, three-bedroom unit, sold on June 29 by Style Estate Agents Brisbane for $4.13 million

3. 143 Seaforth Crescent, Seaforth, NSW, 2092, four-bedroom house, sold on June 28 by Richardson & Wrench Seaforth for $3.4 million

4. 63 Govett Street, Randwick, NSW, 2031, four-bedroom house, sold at auction on June 30 by McGrath Estate Agents for $2,605,000

5. 86 Ellery Parade, Seaforth, NSW, 2092, five-bedroom house, sold at auction on June 28 by Belle Property Manly for $2.465 million

6. 1 Bulkara road, Bellevue Hill, NSW, 2023, four-bedroom house, sold at auction on June 28 by Elders Real Estate Double Bay for $2.3 million

7. 5/17 Greenoaks Avenue, Darling Point, NSW, 2027, three-bedroom unit, sold on June 27 by 1St City Hasemer + Caldwell Eyles for $2.25 million

8. 3A Walter Street, Claremont, WA, 6010, four-bedroom house, sold on June 26 by Paxton Hoad for $2.175 million

9. 52 Wolseley Road, Mosman, NSW, 2088, three-bedroom house, sold prior to auction on June 28 by L J Hooker Mosman for $2.15 million

10. 23 Elizabeth Street, Elsternwick, VIC, 3185, four-bedroom house, sold at auction on June 30 by Biggin & Scott Real Estate Elsternwick for $2,101,000

 

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Alistair Walsh

Deutsche Welle online reporter

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