The developer behind Brisbane's renowned Emporium precinct,
Anthony John Group, is well and truly riding the wave of a Brisbane residential revival.
The privately-owned company has achieved over $100 million of secured sales across two major mixed-use projects over the last two months.
Over 80% of the $590 million Southpoint development in Southbank has been sold to predominantly local buyers, including many empty nesters downsizing from large suburban family homes, while almost 60% of the first apartment release, The Quarters in East Village, Cannon Hill were sold over the weekend.
The creator of the internationally acclaimed Emporium Hotel has also achieved exceptional sales success with its high-end, three-bedroom Residences, selling 25 per cent of its luxury offering since the public launch two weeks ago.
Managing Director Tony John said that the Residences also offered breathtaking and uninterrupted north-east views of South Bank, the Brisbane River and the CBD, along with stunning finishes, spacious living areas and flawless attention to detail.
“All apartments will have direct access to the new Emporium Hotel South Bank. This means that while residents will enjoy private entry and lifts, they can also take advantage of Emporium’s unrivalled facilities and services, including 24/7 room service, valet parking and concierge,” he said.
Chief Executive Officer Shane Bulloch said that The Quarters attracted interest from young local buyers wanting to take advantage of East Village’s unique qualities.
Construction of The Quarters is expected to commence in the first quarter of 2014 with completion in the first half of 2015.
Construction of Southpoint’s residential apartments is scheduled for completion mid 2016, with the new Emporium Hotel to open around the same time.