Leading integrated developer
Mirvac is set to play its part in South Brisbane’s ongoing regeneration with its exciting new
Art House project.
Located in South Brisbane’s vibrant cultural precinct, the project has already generated hundreds of enquires and aspires the development will attract a similar level of interest comparable to the third stage of Mirvac’s premier Waterfront development, Unison.
Following an overwhelming response to the release of the $200m Newstead-based residential development earlier this year, Mirvac fast- tracked the second and final release of Unison to meet buyer demand.
The unique collection of apartments and terrace homes proved so popular with home buyers and investors that construction started within just eight weeks of the public launch.
Mirvac now hopes to replicate Unison’s success with its second Brisbane-based project this year. Positioned just 850 metres from the Brisbane CBD, Art House offers buyers the chance to live and invest in the transformation of South Brisbane’s riverside hub.
The development marks Mirvac’s first re-entry into South Brisbane since the development of Arbour on Grey in 2003, reflecting the growing demand for quality residences in highly sought-after areas of the city.
Among the tallest residential developments in the area, the 27-level residence will comprise one, two and a limited number of three bedroom apartments.
Art House will also be home to an open air cinema situated on the level 27 Sky Deck. Offering residents panoramic views of the Brisbane CBD, the deck will also feature a yoga and pilates lawn, outdoor kitchen and dining area.
As one of Australia’s premiere urban renewal precincts, South Brisbane has received commitments from both the Brisbane City Council and Queensland Government for expansion and revitalisation projects, including a $4 billion infrastructure investment.
Mirvac chief executive officer residential, John Carfi, said the developer was excited to be part of the area’s regeneration.
“South Brisbane is undergoing an extensive transformation and we are pleased to be able to offer buyers the opportunity to invest in and be part of the area’s urban renewal,” he said.
“The South Bank locale is truly unique in its mix of world class cultural facilities, riverside amenity and lifestyle. What’s more, being located within a kilometre of the CBD is a real drawcard for investors.
“Our return to residential development in south east Queensland has been well received due to the quality of our projects and our commitment to excellence in design, planning and construction. This is reflected in Unison sales and we are confident Art House will hold the same appeal for buyers seeking premium, yet attainable, homes.”
Art House prices start from $429,000 for a one bedroom apartment including car park. The sales display is now open by appointment and is located at 2/77 Hope Street, South Brisbane.