South Brisbane will soon be home to an iconic twin tower development project by Sydney-based Australian and Japanese trust fund Galileo.
The development, known as Arena includes two 12 level twin tower apartment buildings located at 9 Edmondstone Street, South Brisbane.
The site, which sits directly behind the Melbourne Hotel currently houses a Celebrations bottle shop and open air carpark.
Designed by Ellivo architects, a chopstick column design has been utilised to float the two towers above the recreation area, which includes a pool, gym, bbq facilities, garden and two to three ground level retail tenancies. The design also helps to retain city views for neighbouring buildings.
The project has been designed to allow pedestrian access to Browning Street via a dedicated cross block link.
The developer, Galileo is behind Sydney’s sell-out Metro Residences, a large TOD development built above Sydney’s Chattswood transport interchange.
Arena composes of 191 one, two and three bedroom apartments.
- 90 one bedroom stock
- 17 two bed, one bath stock
- 76 two bed, two bath stock
- 8 three bed stock
In August last year, Your Investment Property magazine selected South Brisbane as Australia’s number 1 suburb to buy property due to it’s low supply, high demand, proximity to the CBD, high population growth and solid infrastructure and employment nodes.
CBRE Residential Projects Director Paul Barratt said Arena will raise the bar in terms of architecture, value and amenity for South Brisbane.
“Apartments in Arena boast spectacular views of the Brisbane CBD, high quality fixtures and finishes and a fantastic level of resident amenity.
“You couldn’t ask for a better location in South Brisbane, positioned along the quiet Edmondstone Street, yet a minutes walk to the hustle and bustle of West End’s boundary street dining precinct.
“No expense has been spared in creating a superb quality residential development in the heart of Australia’s top investment suburb.
“Demand for new stock in South Brisbane is very high, so buyers are encouraged to register interest early via the website to secure the best apartment,” Mr Barratt said.
CBRE Residential Projects plans a sales launch of Arena on the 23rd of March at a brand new full apartment display centre located on the heritage listed Stefan Skyneedle site off Edmondstone Street.
Apartments will start from $370k for a 1 bedroom apartment plus car space.