Milton

Kokoda Property Group are set to launch the penthouses crowning their recently completed&nbsp;$165 million Milton apartment development, <a href="/buildings/the-ambrose-19-23-mcdougall-street-milton">The Ambrose</a>.

Four penthouses will be released to the market, following the successful completion of the project, which comprises 174 apartments and two retail spaces.

Over 95 per cent of the apartments have sold since the project launched in early 2021.&nbsp;

There will be three three-bedroom penthouses on offer, as well as a four-bedroom penthouse which will have its own au-pair residence.&nbsp;

[smartcode_project:default project_id=141568 project_image_fid=218425]

Each will benefit from direct lift access, with the floorplans ranging from 152 sqm up to an expansive 326 sqm. The apartments range from $2.5 million to $7 million.

The largest of the penthouses features a complete built-in one-bedroom private residence perfect for young adult children, au-pair or intergenerational living arrangements.

The penthouses will have floor-to-ceiling windows to allow maximum natural light while also providing panoramic views to Brisbane's city skyline and river.&nbsp;

[smartcode_project:default project_id=141568 project_image_fid=218428]

The kitchens are the cornerstone of each home, featuring natural stone benchtops, complete with premium Miele appliances including induction cooktops, pyrolytic ovens, microwaves, dishwashers and integrated Liebherr fridge and freezers.&nbsp;

The bathrooms, bedrooms and living areas all feature curved walls, allowing spaces to flow freely from one to the next, while vertical texturing is used throughout the kitchen, bathrooms and master bedrooms.

<a href="https://www.urban.com.au/developers/kokoda-property">Kokoda Property Group</a> Founder and Managing Director Mark Stevens said demand far outweighs supply for new apartments within Milton and its surrounds.

“The Ambrose is the first development in a long time to be completed at such a scale. While there are a few projects in planning in neighbouring suburbs, competition and supply are limited for a product of this quality," Stevens said.&nbsp;

“The Ambrose in particular is highly sought after due to Kokoda bringing its Melbourne flair to the design and with larger apartments being very desirable, we don’t expect these penthouses to sit on the market long.

“Out of all the capital cities, Brisbane has the strongest fundamentals for growth over the coming years. This is driven by interstate migration and the fact that Brisbane has changed so much in the past five years - it is becoming more of a destination city for both owner-occupiers and investors,” he added.

[smartcode_project:default project_id=141568 project_image_fid=218423]

Located on McDougall Street and reaching 19-storeys high, The Ambrose comprises a mix of one, two and three-bedroom apartments and four penthouses, all offering 360-degree views of Brisbane’s CBD, Brisbane River and Mount Coo-tha.

Residents have access to a concierge, health and wellness centre, private dining and a rooftop deck with an infinity pool with views of the Brisbane CBD.

Architects <a href="https://www.urban.com.au/architects/cottee-parker-architects">Cottee Parker</a> made the simple yet sculptural staircase within the lobby a true design feature in The Ambrose, which presents a calming entry sequence on arrival and provides a key linking piece that emulates the organic curves of the building.

Externally, the design of The Ambrose embraces metallic fins wrapping the facade to provide shade and textural contrast, while living greenery weaves up the full height of the tower, naturally anchoring the building to its subtropical landscape.&nbsp;

[smartcode_project:default project_id=6313 project_image_fid=208659]

Stevens said the vision for The Ambrose was to create an iconic project for Milton.

“Milton is a highly developed and corporate location. Our vision was to create something truly unique for the area that would stand out amongst other buildings. Through its design and resident amenity, The Ambrose has lifted the standard of living in Milton"

“Now, the penthouse will set a new standard for the suburb. They are unlike anything this suburb has seen and we’re excited to bring them to market,” he said.

A site steeped in history, The Ambrose is named after esteemed Brisbane chemist and experimental farmer Ambrose Eldridge, who originally purchased the land in 1851.

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Kokoda Property Founder and Managing Director Mark Stevens said demand far outweighs supply for new apartments within Milton and its surrounds

alisonwarters@gmail.com

Kokoda release luxury penthouse collection in The Ambrose, Milton following completion

National developer Goldfields' first foray into the Brisbane apartment market was no snap decision.

It's taken the prominent diversified developer years to put the plans together, seeking local market insights from the Colliers QLD team on the correct product mix for current market conditions.

Colliers International Australia’s Andrew Scriven, who will be heading the sales team for 33 Manning in Milton, believes the landscape has shifted significantly in residential real estate in the last two to three years.

Scriven says developers now needed to be “smarter and more considered, not only when finding opportunities but in seeing them through”.

“COVID brought with it changes that we didn’t expect but also provided opportunities we didn’t see, initially in the house and land space but subsequently in the apartment space as people chose to change the way they live,” he says.

“This could be changing states or downsizing from a larger house. This has created opportunities for developers and one of those has been tapping into previously undersupplied markets.”

As part of the consulting team behind 33 Manning, Scriven points to a combination of data insights and deep geographical and sector expertise being more valuable than ever before.

In-depth data analysis formed a critical part of the development of the new 18-storey, 131-apartment building. The insights gained helped inform the location, design and offering of the residential tower.

[smartcode_project:default project_id=108736 project_image_fid=209694]

“Population growth is a key indicator for changing consumer behaviour and it’s hard to ignore the opportunities offered by the explosive population growth in South-East Queensland and Brisbane over the past two years," Scriven says.

"Net interstate migration exceeded 30,000 people in 2021 and population growth in Queensland was recorded at 1.6% 1 ”.

Considered alongside the lack of available of stock within the western suburbs of Brisbane, Goldfields, development partner Icon, and Colliers saw an opportunity for maximising the post-COVID market.

Scriven believes few have fully understood the potential value of the western suburbs of Brisbane.

“The western suburbs have been undersupplied for some time, and local migration is still increasing at a faster rate than the supply of new homes on this side of the city,” he says.

[smartcode_project:default project_id=108736 project_image_fid=209692]

“We identified that buyers want to live in the western suburbs and as such we needed to deliver a diverse range of product to cater to a wide range of buyers and occupants. 33 Manning does just that with its mix of one, two and three bedroom apartments and penthouses with river and city views.”

Scriven says downsizers are actively seeking out lifestyle precincts that offer connection and a village atmosphere.

“These buyers are looking to stay close to the things they know while enjoying new experiences and unlocking value,” he says. “For investors, the market fundamentals on offer in Milton are its relative affordability compared to other states as well as the population and employment growth in the area.

“With the Olympics around the corner and low supply levels a result of construction and supply chain issues, we don’t see any of these fundamentals changing significantly for some time.”

For Scriven, the city’s low vacancy rate, which is currently under 0.7% is another indication why suburbs like Milton will experience increasing demand for housing.

<h2>Apartment resurgence</h2>

The combination of useful data and deep expertise is critical for developers looking to find value and stay ahead of the market. Similarly, collaboration with leading consultants and experts is invaluable.

[smartcode_project:default project_id=108736 project_image_fid=209693]

“We started to recognise that although sea-changers and tree-changers initially started buying land to build bigger houses at the height of the pandemic, affordability and confidence has led to a recent resurgence in apartment living.

“Additionally, many owner occupiers have been unlocking equity as house prices rise, downsizing their home while upsizing their lifestyle,” he said.

In Brisbane, there is currently a 46 per cent difference between the average house price and apartment price; the largest gap in the country, and the most significant in 10 years. Apartments in the city are currently providing the most value for owner occupiers and opportunity for investors.

[smartcode_project_cta:default project_id=108736]

Scriven says downsizers are actively seeking out lifestyle precincts that offer connection and a village atmosphere

Joel Robinson

How on the ground insights helped create 33 Manning in Brisbane's Milton

Joint venture partners Goldfields and Icon Developments have been given the green light for their first built form project in the burgeoning&nbsp;Brisbane apartment&nbsp;market.

The 18-level tower, named after its Milton dress circle location at 33 Manning, has been designed by renowned architects Rothelowman and will see 131 apartments created in the popular inner western Brisbane suburb.&nbsp;

Strategically located two kilometres from the&nbsp;Brisbane&nbsp;CBD and adjacent to the Park Road precinct, the 1,600 sqm site will feature city and river&nbsp;views,&nbsp;a rooftop pool&nbsp;and convenient transport options.&nbsp;With the&nbsp;project&nbsp;receiving&nbsp;development&nbsp;approval&nbsp;late last&nbsp;week, construction&nbsp;is set&nbsp;to commence in early 2023.&nbsp; 
&nbsp;

<img alt="33 Manning living" data-entity-type="file" data-entity-uuid="46602173-efaa-40b2-9a84-cfb270f4c49c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/220624_PH_LIVING_0.jpg?VersionId=ZswsEnH9ySqvrFbjZtwFviwp47XbVzrU" />

“We are excited to&nbsp;re-imagine&nbsp;the traditional Queenslander&nbsp;for&nbsp;the 21st century with this landmark new project that&nbsp;allows us to bring over a decade of&nbsp;built form&nbsp;experience&nbsp;across Australia into&nbsp;the rapidly growing and undersupplied Queensland market,” Lachlan Thompson, Goldfields&nbsp;CEO, said.&nbsp;

“Explosive population growth in South-East Queensland and Brisbane over the past two years,&nbsp;coupled&nbsp;with&nbsp;net&nbsp;interstate migration&nbsp;which&nbsp;exceeded&nbsp;50,000 people in&nbsp;the last 12 months,&nbsp;has created an ideal environment for a well-located development with&nbsp;progressive&nbsp;design credentials to meet&nbsp;a&nbsp;growing&nbsp;requirement.

“There has been an undersupply of new housing&nbsp;across most&nbsp;of Brisbane for some time&nbsp;and the continued low vacancy rates in the&nbsp;Milton&nbsp;area&nbsp;point to&nbsp;the rise in&nbsp;demand&nbsp;in this precinct in particular.”

Icon Developments’&nbsp;Nick Sestak said 33 Manning represented an opportunity for Icon Developments to partner with leading&nbsp;national&nbsp;developer Goldfields on our first development joint venture in Queensland.

Rothelowman’s Nick Williams says the project celebrates&nbsp;the Sunshine State’s heritage.

<img alt="Dining area 33 Manning" data-entity-type="file" data-entity-uuid="b17a6f2d-2b60-48a1-acff-6ceba7bcb289" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/90F9A8A0-8A84-4613-9978-C6017DEA8727.jpeg?VersionId=.Xmi3t7uyvICoGatymNK1VI2KrCrmrmG" />

”33 Manning pays homage to the verandah – the culmination of the functional intelligence of the traditional Queensland home,” Williams said.

“33 Manning brings the scale and function of a traditional Queensland home to an apartment building, aligned to Queensland’s subtropical climate while transforming it for contemporary high-rise living.

“33 Manning is an open embrace to the sunlight and temperate breezes that give Brisbane its allure,&nbsp;with&nbsp;a&nbsp;design&nbsp;language&nbsp;centred on indoor/outdoor living and elevated by the&nbsp;panoramic views across the Brisbane River and city skyline.”

The striking tower will home a mix of&nbsp;one, two and three-bedroom homes&nbsp;and penthouses&nbsp;designed to&nbsp;enhance inner-city living.

The rooftop pool will offer 180-degree views&nbsp;from&nbsp;Mount Coot-tha to the Brisbane CBD. Communal dining&nbsp;spaces,&nbsp;a&nbsp;yoga&nbsp;area,&nbsp;and the&nbsp;verdant landscaping of the zengarden provide further amenity.

Milton is an evolving area nestled between the established suburbs of Paddington, West End and South Brisbane,&nbsp;in close proximity to transport options, the Brisbane CBD and River and&nbsp;an&nbsp;eclecticarray of&nbsp;cafes, eateries and bars.

Colliers agent Andrew Scriven says migration to&nbsp;Brisbane&nbsp;has continued to increase at a faster rate than the supply of new homes.

“Post-pandemic, we have&nbsp;started to recognise&nbsp;that although sea-changers and tree-changers initially started buying land to build bigger houses at the height of the pandemic, affordability has led to a recent surge in apartment living,” Scriven said.

“Additionally, many owner occupiers have been unlocking equity as house prices rise, downsizing their home while upsizing their lifestyle.&nbsp;City side precincts like Milton that provide river and city views, an active healthy lifestyle and connectivity in a burgeoning village atmosphere tick the box for these buyers.

“In Brisbane,&nbsp;there is currently a 46% difference between the average house price and apartment&nbsp;price,&nbsp;the largest gap in the country, and the most significant in 10 years. Apartments in the city are currently providing the&nbsp;great&nbsp;value for owner occupiers&nbsp;and investors alike.

“With population growth&nbsp;now exceeding&nbsp;50,000 per year, relative affordability when compared to traditional houses and&nbsp;indeed&nbsp;interstate apartments markets, a vacancy rate less than 1% and the city moving towards the 2032 Olympics,&nbsp;the investment equation has never been as strong.”

&nbsp;

The 18-level tower, named after its Milton dress circle location at 33 Manning, has been designed by renowned architects Rothelowman

Goldfields and Icon secure approval for Milton apartment tower

Brisbane is set to welcome on of its most striking buildings.

The latest apartment plans by diversified property developer Anthony John Group are for a tree-inspired development.

Bureau^proberts were inspired by the&nbsp;Melaleuca Quinquereme, or the Paperbark Tree, for the design, the building form mimicking the trunk, and the facade layering and colour palette imitating bark.

The 24-level tower will home just 50 apartments.

<img alt="The striking tower" data-entity-type="file" data-entity-uuid="9bd45cba-53e4-477e-b45b-b24b969d318f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-20%20at%2010.32.16%20am.png?VersionId=0mF6qCs49LB8zpAHfEEH3om7LjvusrV0" />

Bureau^proberts noted in the design statement submitted to the Brisbane City Council that the dramatic growth of Australian cities has required new approaches to high density living.

"This infill tower in Milton, Brisbane provides 50 generous residences that respond to its subtropical climate and urban context," the architecture firm wrote in their submission.

&nbsp;

"The tower takes on the expressive metaphor of the Melaleuca or Paper bark tree, seen in many of the surrounding streets of Milton, in developing a strategy to challenge the traditional built form that dominates the city fabric and skyline.

<img alt="The tree-inspired Milton tower" data-entity-type="file" data-entity-uuid="3d9e57f8-4a78-4856-b852-0743f40fe54e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-20%20at%2010.32.27%20am.png?VersionId=Tu78jJ_ruSi4owBa4oiyEQt.QRPdcst0" />

"The organic form is derived from the built context surrounding the site where an ovular form&nbsp;is arranged to suit views and aspect through adjacent sites and beyond to distant landmarks.&nbsp;The colours of the trunk of a Melaleuca of white, tan and grey are reflected in the elemental screen of the tower and podium.

"Its shape is adjusted up the tower to suit the range of plan shapes that create variety of living options from two bed apartments to large home apartments."

There will be four apartment per floor up to level nine, a mix of two and three-bedroom apartments. From level nine upwards will be half floor four-bed apartments.

<img alt="The tree-inspired Milton tower" data-entity-type="file" data-entity-uuid="278066a9-338f-4464-9c7a-9aa25f19e7e4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-20%20at%2010.32.42%20am.png?VersionId=KCL5bu_LFgr2cu5mTxgcwxQH.tk1582b" />

They will run to level 21, the 365 sqm sub penthouse, which spans a whole floor. That has a further 80 sqm balcony space.

Above on level 22 is the resident amenity which will include a resort style pool with spa and day beds, a gym, steam room, and a private dining space.

Crowning the unique tower is a two level penthouse. Occupying the 240 sqm lower level is the living zones, an open plan kitchen living and dining with butlers and wine storage, which opens to a balcony with pool. There's also a guest bedroom and an MPR on this level. Upstairs, via a spiral staircase or lift, the second level has a further three bedrooms, including the master with walk in wardrobe and ensuite, as well as a private gym and study.&nbsp;

&nbsp;

Bureau^proberts noted in the design statement submitted to the Brisbane City Council that the dramatic growth of Australian cities has required new approaches to high density living

First look: Anthony John Group plot Milton apartment tower inspired by a Paperbark Tree

The ever-busy South East Queensland apartment developer, Mosaic Property Group, has pivoted away from a hotel apartment development at its recently acquired Milton, Brisbane site.

Mosaic, led by Brook Monahan, secured 33 Railway Terrace, Milton, a near 1,600 sqm site not far from the Brisbane River, late last year.

The sale came with plans for a mixed-use hotel and apartment tower, however Mosaic, who are always keenly developing for the owner-occupier, has taken a change of direction, amending the plans to create 113 two and three-bedroom apartments across the 20 levels.

<a href="/new-apartments/the-manning-by-mosaic-33-railway-terrace-milton-qld-4064"><img alt="" height="531" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-31_at_9.13.56_am.png" width="965" /></a>

They had BDA Architecture amend the design, which will include Mosaic&#39;s signature luxury rooftop amenity level, as well as ground floor retail.

&quot;Intending to appeal directly to owner-occupiers, we have removed the previous plans for 73 hotel/accommodation suites and 500 sqm of office space, making it primarily a residential building,&quot; Mosaic&#39;s website read.

&quot;This move allows us to lower the number of basement levels from four to one, which will reduce the impact of excavation and piling construction works on the local community.

&quot;A strong focus on quality, sustainability, and amenity aligns with our award-winning reputation while at the same time respecting local context and Milton&#39;s distinct character.

<a href="/new-apartments/the-manning-by-mosaic-33-railway-terrace-milton-qld-4064"><img alt="" height="536" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-31_at_9.14.02_am.png" width="969" /></a>

&quot;Quality ground floor retail will deliver much-needed activation and rejuvenation, creating the opportunity to cultivate a sense of community within the building and the wider local area.&quot;

33 Railway Terrace, which will be dubbed The Manning by Mosaic,&nbsp;will pursue&nbsp;UDIA EnviroDevelopment certification, implementing a range of initiatives, from design to construction and ongoing maintenance.

Mosaic recently lodged plans for am 81-apartment tower&nbsp;in East Brisbane, which will be one of seven apartment projects they intend to launch across Brisbane, the Gold Coast, and the Sunshine Coast, in 2022.

Mosaic&#39;s track record in Brisbane&#39;s inner-west is enviable.&nbsp;Last year alone they sold out both of their&nbsp;Toowong projects,&nbsp;The Patterson&nbsp;and&nbsp;Kensington.

Mosaic, led by Brook Monahan, secured 33 Railway Terrace, Milton, a near 1,600 sqm site not far from the Brisbane River, late last year

Mosaic amend mixed-use hotel and apartment design for Milton tower to focus on owner-occupiers

The Melbourne-based developer, Goldfields, are expanding in to Brisbane.

Their first project, a joint venture with Icon Development Australia, will be in Milton, the riverside suburb in the inner western ring of the city. They&#39;ve submitted plans for a 20-level tower designed by Rothelowman at&nbsp;29-35 Manning Street, a combination of the two lots totalling 3,511 sqm.

Goldfields Chief Executive, Lachlan Thompson, told Urban that the time was right to go in to the Brisbane apartment market.

&ldquo;As a national property developer, we are constantly looking for areas that offer strong development potential and we were impressed with Milton&rsquo;s amenity and connectivity to all things lifestyle related,&quot; Thompson said.

&quot;We are of the strong opinion that Milton, as a suburb, is on the cusp of significant capital value growth due to limited supply and its proximity to the bustling Park Street retail strip.

<img alt="" height="818" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/29-35_manning_st_milton_4.jpg" width="1200" /> 
The 20-level tower draped in landscaping. Image credit: Rothelowman

Rothelowman say the proposed 131-apartment building is a&nbsp;homage to the vernacular intelligence of the traditional Queensland Home.

&quot;The Queensland Home, with its wide verandahs and eaves, is a perfectly adapted architectural response to the local climate,&quot; Rothelowman advised in their plans submitted to the Brisbane City Council.

&quot;Our approach aims to capture the open friendliness of the traditional Queensland Home, a characteristic born of the warmer regions of Australia.

&quot;It is aiming to reflect and acknowledge the semi-outdoor lifestyle, a unique expression of the way people have adapted to their environment.&quot;

<img alt="" height="737" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/29-35_manning_st_milton_5.jpg" width="1200" /> 
The apartments are oriented to take advantage of river and city views. Image credit: Rothelowman

Oriented to maximise the eastern aspect and minimise north-west exposure, the building responds&nbsp;directly to its immediate urban context, while also celebrating the views of Brisbane CBD and the Brisbane River.

There will be 14 one-bedroom apartments, 91 two-beds, 16 with a multipurpose room, 18 three-bedroom apartments and eight four-bedders, located across the top two levels.

The tower&rsquo;s floor plate maximises both the eastern and southern aspect, river and city views from the apartments.

The building will be crowned with Sky Terrace, a generous recreational space for&nbsp;residents featuring a swimming pool, outdoor kitchen and&nbsp;dining area.

<img alt="" height="734" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/29-35_manning_st_milton_3.jpg" width="1200" /> 
The proposed rooftop Sky Terrace. Image credit: Rothelowman

Landscaping is a big feature, with FORM&nbsp;Landscape Architects installing&nbsp;vertical greenery on the podium and on the rooftop.&nbsp;&nbsp;

Thompson says the apartments will appeal to young professional in particular.

&quot;This includes the &ldquo;three day a week owner occupiers&rdquo; that split their time between the Sunshine Coast and inner-city Brisbane, but don&rsquo;t want to compromise on quality or safety, as well as strategic investors,&quot; Thompson said.

<img alt="" height="732" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/29-35_manning_st_milton_roof.jpg" width="1200" />

Goldfields entered the Queensland market four years ago with a $350 million, 1,000 lot master-planned community in Ripley, in Ipswich.

Next the company will be announcing a&nbsp;mixed-use acquisition in East Elimbah that will, in time, deliver over a billion-dollar multi sector development.

&quot;We have been hungry to grow and further diversify our presence here with built-form opportunities within the inner suburbs of Brisbane,&quot; Thompson said.

As we continue to build our Queensland portfolio, we are considering a number of development opportunities from Brisbane to the Sunshine Coast and look forward to making further announcements in the near future.&rdquo;

Goldfields also have a presence in Sydney, having recently launched The Livingstone, a collection of townhouses in Sydney&#39;s affluent Pymble.

[smartcode_project_cta: project_id=108736]

Rothelowman say the new 131 apartment building is a homage to the vernacular intelligence of the traditional Queensland Home.

Melbourne developer Goldfields take first step in to Brisbane

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Humanity Place, the home of Australian Red Cross in the Park Road dining precinct in Milton, is set to come onto the market for the first time in 15 years.
Red Cross, who have owned and occupied the building since 2004, have appointed Colliers International’s in conjunction with Knight Frank, to run a national campaign closing late November.
Partner Developments’ Matthew Berg is appointed as transaction manager.
The three-level freehold property is located on a 1,902 square metre site at 49-57 Park Road in Milton, 1.2 kilometres from Brisbane CBD.
Agents expect the three-level office building to draw national interest from developers, owner occupiers and value add investors.
They say it is one of Brisbane’s best value-add buildings in the city fringe, offering holding income from Red Cross on flexible lease back terms, prime corporate exposure with potential signage income, a 1:46 square metre car parking ratio with a total of 57 basement car parking bays, as well as the mixed-use zoning with significant development upside allowing up to eight storeys (STCA).
After owning the asset for nearly 15 years, Red Cross has determined it is time to put the asset on the market with a view to redistributing funds back into the organisation to further enhance its ongoing service to the community.
“Red Cross will reinvest the funds to move to premises in Brisbane’s CBD or CBD fringe that are both more affordable to own or lease, and better suited to the needs of the people we work with,” Red Cross CEO Judy Slatyer said. 
“As community needs change, the need to operate from a particular premises changes. The sale is part of a national property masterplan that releases value from several key properties and allows us to work in locations that best serve the people who use them, from clients and volunteers to staff and partners.”
According to Colliers International research, strong tenant demand in the Milton office precinct over the first half of 2019 has resulted in record net absorption of 19,848 square metres, driving the vacancy rate down to 17.5% from a historical high of 27.9% in September 2018.
It suggests Milton is going through a major regentrification and urban renewal including the new Railway Terrace retail precinct.
There have been the recent on-market sales of fully-leased and refurbished assets at 16 Marie Street for $25.5 million and 8 Gardner Close for $25.23 million.
Milton has access to various forms of public transport, direct access to bicentennial bikeway and connectivity to north and south of the Brisbane River.
The complex features a 4.0 Stars NABERS Rating.
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Red Cross office building in Milton, Brisbane on the market

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Australian Radio Network (ARN) have relocated their Brisbane office into Kings Row Office Park in Milton after committing to a 12-year lease for 1,158sqm. 
Owned by the Shayer Group, Kings Row is one of Brisbane’s premier commercial precincts, comprising four A-Grade office buildings with onsite amenities such as a tennis court, swimming pool, BBQ, conference facilities, high quality end-of-trip facilities and secure basement parking. 
Colliers International Tenant Advisory represented ARN in their negotiations to relocate to Kings Row.
Colliers Leasing was in conjunction with Cushman &amp; Wakefield acted on behalf of the Shayer Group. 
“ARN had outgrown their Stones Corner office and have chosen Kings Row as the new location due to the Brisbane City and River views, quality of office accommodation, accessibility to local amenity and public transport,” said Simon Crouch, Head of Tenant Advisory at Colliers International.  
“The lease agreement also includes rooftop signage, which provides excellent brand exposure for ARN considering the building faces the busy Coronation Drive,” said Bo Veivers National Director of Office Leasing at Colliers International. 
The office park currently offers refurbished and fitted tenancies ranging from 200sqm to 5,000sqm which are marketed between $500-550 per sqm. 
“The opportunities of 1,000sqm or greater of A grade office space in the metro market are limited,” said Mr Veivers.
The Kings Row buildings feature 2,200sqm floorplates, some of which are still available.  
“Milton’s office market has seen great improvement over the last 12 months, backed by stronger leasing activity than we have seen in previous years.
“Total office vacancy in Milton is currently sitting at 21.5%, per the figures released from the Property Council of Australia in February 2019.”
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ARN relocates to Kings Row Office Park

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Santa Fe, an abode style residence nestled on the north facing hillside of Milton, NSW is on the market. 
Craig Cooper of Cooper Coastal Properties Milton has the listing. 
It last sold in 2009 at $1.6 million.
Set amongst 30 lush acres of landscaping and rainforest, Santa Fe at <a href="https://www.realestate.com.au/property-acreage+semi-rural-nsw-milton-131247434" target="_blank">614 Little Forest Road</a> is complemented by panoramic rural and ocean vistas. 
Originally the home of Stuart Wilde, British author, who was best known for his works on New Age, self-empowerment, and spirituality.
The architecturally designed home features the use of natural timbers, stonework, glass, and metalwork.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/5/28/milton%202.jpg" alt="">
The main house comprises of 8 bedrooms, 4 bathrooms, formal and informal lounge rooms, dining room, entertaining and meditation spaces, outdoor terrace and a rooftop pool overlooking the lush landscape and ocean. 
It also comes with a Japanese bath house with a large eight person spa, sauna and tea room.
There are subterranean tunnels and hidden rooms extending throughout the whole structure of the house.
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The second accommodation or manager's cottage on a lower private section of the property comes with its own separate access. 
Additional highlights of the property include olive and citrus grove, and  300,000 litre water tank.
Santa Fe is only 8 minutes from the Milton Village, beaches and waterways.
 
 
 
 
 
 
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jrobinson-rf4aSBido9

Santa Fe, Milton trophy rainforest home listed 

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International fashion designer Collette Dinnigan and husband, the hotel and tourism entrepreneur, Bradley Cocks, have sold one of their money-spinning Milton farmstays.
The NSW South Coast property had been a lucrative investment for the pair, who pocketed over $80,000 a year from vacationers, when pitching it as Milton Surf and Stables.
They're now focused on setting up an international boutique tourism operation in key locations around the world, w.hich includes the neighbouring Milton property, The White House. 
Last year they popped a 400 year old farmhouse in Italy into their bespoke home portfolio.
The Puglia property, in Italy's southern region near Naples, was viewed as suiting their brief for a luxury Airbnb type portfolio.
The Milton property piqued the couple's interest in the premium holiday home industry.  
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Once a dairy farm, the property near Mollymook and Ulladulla had been styled by Dinnigan after the couple paid $970,000 for the 11 hectares in 2013.
They were seeking offers through Simon Platt, who is based at the burgeoning Lifestyle Property agency.
Billed as offering an urban-detox experience in an idyllic setting, the well managed retreat enjoyed super host status on Airbnb.
The former stables turned four bedroom luxury retreat has featured in the likes of Country Style and Vogue.
Completed with roaming horse and alpaccas, Milton Surf and Stables was voted number one by Australian Traveller's 'Top 100 Places You Haven't Been to Yet'.
There is an outdoor bar and barn complete with pizza oven for entertaining. The marketing says a chef can be arranged to come to cook at its outdoor entertaining feature.
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Since settling into “the magic of Milton”, Dinnigan has created an organic vegetable garden and planted citrus trees, along with her favourite flowers - white hydrangeas and white magnolia.
Always having fresh eggs when she was growing up in South Africa and New Zealand, she ensures there's lots of hens. Beehives for honey too.
“Milton itself is quite special,” Collette previously said. “It’s not one of those sleepy little towns – it has a really vibrant, productive community." 
The couple had revised $2.4 million hopes.
The couple retain The White House next door, a four bedroom farmhouse which cost them $830,000 in 2006. That now rents at $1,500 a night.
Dinnigan has been busy in the Southern Highlands in recent months where her Instragram shows she has waved her design wand over the family property.
They've recently added a swimming pool to Springfield Farm, their Avoca property that cost $4.5 million in 2016.
This article was first published in the Saturday Daily Telegraph.
 
 
 
 
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