8 Reasons to invest in South Brisbane, sit back and enjoy high returns!
1. South Brisbane apartments achieve $125 more p.w. than the average Brisbane Apartment
South Brisbane apartments have an average rent per week of $510 compared to the Brisbane average which is $385 per week.
(Residex August 2016)
2. $25 million Flight Centre Head Office Moves Into South Brisbane With 2,000 Staff in August 2016
Flight Centre’s new headquarters will be located within the commercial tower of Anthony John Group’s $590m Southpoint complex at Brisbane’s Southbank. Flight Centre’s new headquarters will be located within the commercial tower of Anthony John Group’s $590m Southpoint complex at Brisbane’s Southbank.
The travel company wanted to bring its diverse brands together under the one roof, and will vacate their current tenancies in Brisbane’s CBD to move their 2000 staff to the 23,000sq m new offices.
Southpoint is one of the biggest mixed-use transit-orientated developments in Queensland, located in the busy hub of South Bank. Southpoint will also feature a hotel and restaurants as well as apartments.
3. 0.6% Vacancy For Inner Brisbane Apartments
In the March quarter 2016, Urbis surveyed projects within
the Inner Brisbane Catchment. From the surveyed data Urbis recorded a vacancy rate of 0.6% showing a tightening vacancy rate for new apartment product from December 2015 at 1.6%.
ARIA Projects (Plus Spice Apartments)
4. Top Ranked For Recreational Space
Kelder Architects have ranked all new South Brisbane apartment developments and found that ARIA Property Group and Abacus/Kilcor’s Property (Spice Apartments) ranked the highest above all other developments for the ratio of recreational space to a number of apartments at 3 – 8 square meters of recreational space per apartment.
5. #1 Brisbane State High School in South Brisbane Dominates Private Schools in 2016
Despite fierce competition from expensive private schools Queensland’s top public school – Brisbane State High has dominated the 2016 NAPLAN results across the high school years. The selective school is located within the South Brisbane catchment and applications are only considered from South Brisbane residents.
6. Southpoint to Deliver $6 million South Bank Train Station Upgrade
Located at the southern gateway to South Bank, one of Queensland’s largest transit-oriented developments is set to deliver major improvements with an estimated $6 million upgrade to the existing train station late this year. With over 60,000 passengers passing through on a weekly basis, South Bank is one of Brisbane’s busiest train stations.
New South Brisbane Bridge To Be Named
7. Neville Bonner Bridge
A new inner-city pedestrian bridge to be built as part of the Queen’s Wharf Brisbane project will honour the life and legacy of Australia’s first Indigenous parliamentarian, Neville Bonner. The new bridge will be part of the $3 billion Queen’s Wharf Brisbane development and link both sides of the river.
Iconic Sydney Brand Gelato Messina To Open Largest Store in South Brisbane
The glorious shop is anticipated to be the largest Gelato Messina in Australia! Over 200 square metres of retail space to open in October 2016.
Messina’s first-ever Brisbane store will open its doors, confirmed by Messina director and co-founder Declan Lee. We predict a whole lot of hanging around South Brisbane in our future store at
109 Melbourne Street, South Brisbane – Also home to Aria’s highly anticipated “Melbourne Residences.”
8. Foodies Converge on First Fish Lane Festival
Saturday saw the kick off of the inaugural Fish Lane Festival showcasing dishes not only from the venues in the lane but from restaurants from the wider Southbank dining precinct and beyond.