Property developer and fund manager OpenCorp is bringing luxury living to Brisbane’s north with its new $34m residential development 'Evolve' at 39-41 Thomas Street Chermside.
The 10-storey building is responding to demand from local-owner occupiers, particularly first home buyers and downsizers looking for a spacious, inner-city home.
Evolve contains 72 ‘oversized’ apartments designed by Tonic Architects - the average three-bedroom in the development is a generous 122.5 square metres. As at May 2016, 61 of the 72 apartments have been sold including two ground floor retail tenancies.
While the architecturally designed apartments are generously sized, the prices have remained competitive. Only 11 apartments remain including a mix of one, two and three bedroom apartments starting from $370,000.
OpenCorp director Allister Lewison said the area attracts various demographics of buyers.
“There is a strong owner-occupier market for Evolve from both small first home buyer households and those downsizing from nearby suburbs Kedron, Carseldine, Aspley and Bridgeman Down,” Mr Lewison said.
“Evolve caters to this gap in the market, offering a range a wide variety of spacious, well-designed dwellings in an inner-city location," he said.
Developed by property developer and fund manager OpenCorp and designed by Tonic Architects, Evolve contains 72 ‘oversized’ apartments.
Completion of the Evolve Apartments is scheduled for Christmas 2016.
