BROOKFIELD Residential Properties has started construction on the second tower of its $271 million apartment project, Gallery House, following strong presales.
The second tower of Gallery House will comprise 19 levels and a range of luxury one, two, three and four-bedroom apartments.
Brookfield Residential Properties has now achieved more than $161 million in presales, $14 million in June alone.
“We are delighted with the level of enquiry leading to a strong sales result. Buyer confidence is high and we expect this to continue through the construction phase as buyers witness the quality of what we’re creating,” managing director Lee Butterworth said.
Butterworth said Gallery House has proven popular with local owner-occupiers who are looking to secure an address on Brisbane’s prime riverfront.
Gallery House features 319 apartments across two towers. The project neighbours Brookfield’s vibrant retail and residential precinct, Portside Wharf, and is part of the greater Northshore Hamilton redevelopment – Queensland’s largest waterfront urban renewal project.
Australian Property Journal