Portside Wharf Reaches The Pinnacle

The Brisbane property market has become a playground for Sydney buyers looking for holiday homes boasting inner city convenience with less traffic and lower price tags.

The riverfront community of Portside Wharf in Hamilton has attracted a string of interstate purchasers in its latest residential stage, Pinnacle, as the absolute riverfront building approaches sell out.

Brookfield Residential Properties General Manager Lee Butterworth said while Portside Wharf had always been popular with interstate investors, more buyers from southern states were now choosing to buy for lifestyle purposes.

"It's no secret that Brisbane apartment prices compare favourably to Sydney or Melbourne, but a number of our recent interstate buyers have actually purchased for lifestyle or family reasons," Mr Butterworth said.

"Buyers from south of the border are increasingly viewing Brisbane as a holiday destination or home away from home - they want all the conveniences they are used to in their own city with the benefit of less congestion and different things to see and experience.

"While the domestic market still leads sales at Portside Wharf, I expect to see more sales from lifestyle-focussed interstate buyers who are looking to make their holidays to Brisbane a more regular occurrence."Sales in Pinnacle have reached over $120 million after the final luxury penthouse was recently sold for more than $2 million.

Pinnacle comprises 162 one, two and three bedroom apartments, two-level River Terraces and luxury penthouses with over 70 per cent of apartments boasting captivating river views.

The building also features a rooftop sanctuary for residents with an infinity-edged pool, barbeque and entertainment area and stunning views over the Brisbane River to the city skyline.

Apartments in Pinnacle boast superior features and fittings with European appliances, integrated dishwasher and microwave, ducted air-conditioning, high ceilings, high quality wool carpets, floor to ceiling windows, ample storage, intercom security and secure car parking.

The building is the sixth residential stage of Portside Wharf, which is located just six kilometres from the CBD, 15 minutes from the domestic and international airports and with easy access to major roads and public transport including the CityCat.