Boutique Queensland developer Urban Living Homes has launched a $37 million apartment project at Kangaroo Point in Brisbane called Willow.
The 73-apartment project has council approval and will be built next year. It increases the number of projects where more than 20,000 apartments are in the pipeline.
Urban Living Homes founder and owner Caroline Barry said she was confident of her new project following her successful Circle on Felix project in Brisbane’s inner north which sold out last year.
“We like the concept of taking a piece of land and creating a building that is not just a plain box,” Ms Barry said.
The latest development, on the corner of Duke and Princess streets, will have a recreation roof deck with city views.
It will comprise one-bedroom apartments priced from $365,000 and two-bedrooms starting at $498,000.
“Kangaroo Point is like a little oasis next to the CBD,” Ms Barry said.
“Willow is not on a main road, yet is a stroll to excellent dining precincts, a massive bus station and South Bank is also close by.”
Other projects in Kangaroo Point due to proceed include Metro Property Development’s 20-storey residential tower, which successfully fought an appeal by a neighbourhood group seeking to overturn the council approval.