THE first residential stage of Austcorp's $350 million mixed use SW1 development at South Bank has sold out ahead of its completion.
The remaining 58 apartments were sold off-the-plan last week, bringing total sales to more than $29 million.
Austcorp’s
The sell-out comes as settlements begin this month on the range of one, two and three bedroom apartments, and residents prepare to move into the five-storey and four-storey buildings.
On completion, SW1 will comprise two residential buildings as well as 36 terrace houses, along with four commercial towers with retail nodes, linked by a pedestrian spine.
SW1 is being developed by Austcorp Group Limited and Property Solutions Group on a 1.8 hectare site between Melbourne and Russell Streets, adjacent to the Brisbane Convention and Exhibition Centre.
Australian Property Journal