DEVELOPER Pradella has started construction on the first stage of a $125 million dual tower around the city’s SkyNeedle.
SkyNeedle, an 88 metre pillar, was a key feature of Brisbane’s World Expo in 1988, and today remains a prominent marker on the city skyline.
Pradella director Kim Pradella joined Brisbane Lord Mayor Graham Quirk to officially launch the start of construction on the first tower, comprising 110 of the total 237 apartments in the project, which will incorporate a refurbished SkyNeedle as part of its design.
Pradella has appointed RCC Builders to build SkyNeedle Apartments, which will be delivered in two stages, complete with a cafe at the base of the second tower and a tropical garden oasis with a pool and barbeque terrace for the exclusive use of residents.
More than 70% of apartments in the first stage have already sold for a total of $38 million, with remaining one bedroom apartments priced from $428,000 and two bedroom abodes available from $544,000.
Australian Property Journal