Fortitude Valley's M&A development welcomes first guests
Developer and construction giant Laing O’Rourke’s first major mix-used development in Australia - M&A - welcomed its first guests last week.
Bordered by McLachlan, Ann and Connor Street in Fortitude Valley, the $250 million development comprises of a 21-level residential tower, 12-level commercial tower and a retail precinct.
The residential tower comprises of 234 apartments, with 181 already sold.
Remaining two-bedroom apartments are priced from $595,000 to $695,000.
A selection of apartments have been put aside to offer a mix of long and short stay accommodation, with the choice to stay from one to 60 nights.
Designed to appeal to both corporate and leisure travelers, a one-bedroom apartment starts from $200 a night and a two-bedroom apartments is priced from $240 a night.
The commercial tower, known as 825, has fully leased out the 17,000-square-metre space with architects PtD leasing the top two floors of boutique office space.
“With an end value in excess of $250 million, what sets M&A apart from other mixed-use projects is its quality of design coupled with its prime location,” says M&A development manager Mark Grant.
“Features also include a private recreational deck and pool for residents, extensive public artwork and an onsite concierge, and employees and residents have direct access to public transport networks, together with ready access to Brisbane Airport, the CBD and new toll road infrastructure projects,” says Grant.
The private rooftop recreation deck features a pool, gardens and barbeque areas.
M&A will also boast a retail precinct with 13 tenancies, to be known as M&A lane.
Only two tenancy leases remain, with 11 already snapped up.
On completion, the development will have nearly 2,000 residents, workers and visitors to the precinct.