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Kangaroo Point M Apartments Kangaroo Point DARK FINISHES KANGAROO POINT M APARTMENTS KANGAROO POINT Sophisticated living in a hotspot urban village. Location, design, quality and value: M Apartments put it all on the table for you at Kangaroo Point – transforming before our eyes into Brisbane’s most dynamic new urban environment. Close to the city, close to everything. The coolest places to meet and mingle, eat and shop, just a hop, skip and jump from transport, nightlife, parks and open spaces. In an area that mixes the old with the new and the unexpected, M Apartments radiate cool. Think flair plus functionality, ultra-smart aesthetics, space and comfort. Make your move and secure a vibrant slice of cosmopolitan life, in a locale primed for future growth. M Apartments, Kangaroo Point. 02 03 M APARTMENTS KANGAROO POINT A location brimming with energy and vitality. Kangaroo Point is booming and demand is rising, in this ultra-convenient and connected neighbourhood only 1.5km across the river from the CBD. Capturing the buzz of inner-city living and echoing Kangaroo Point’s revitalized contemporary edge, M Apartments will be the sought-after home for up and coming professionals, students at the nearby tertiary campuses, astute downsizers and investors with a keen eye for capital gains. It’s all here for the taking, in this one-of- a-kind location. Stroll, hop on a CityCat or ferry, catch the bus or drive the Clem7 cross-river tunnel. A new green bridge is planned, to link Kangaroo Point even more closely with the CBD. Plus, easy proximity to Woolloongabba, South Bank, Fortitude Valley, the clubs, pubs, bars, dining spots and designer stores puts Kangaroo Point clearly at the centre of Brisbane’s property radar. 04 05 M APARTMENTS KANGAROO POINT Kangaroo Point in profile. Positioned directly across the river from the CBD, Kangaroo Point is easily reached and highly desirable. It’s set to benefit substantially from the Queensland Government’s highest priority infrastructure project: Cross River Rail, the new 10.2km rail link with 5.9km of tunnel under the Brisbane River and CBD. Currently under construction, Cross River Rail is designed to ease road congestion and increase accessibility to the Brisbane CBD. It includes four new underground stations and two upgraded stations. The new Woolloongabba station, just 500m from M Apartments, will link BOTANIC GARDENS directly with the new Albert Street station – offering rail services to the southern end of the CBD for the first time, connecting people with key areas of employment, study and recreation. QUEENSLAND UNIVERSITY OF TECHNOLOGY It’s estimated that by 2036, 18,000 people* will use the new Woolloongabba station’s high- frequency services each week day. Excellent transport services, including road, bus, CityCat, ferry and the Clem7 cross-river tunnel, are already a key part of Kangaroo Point’s appeal. The location is also very walkable, achieving a Walk Score™ of 82/100. * Source: crossriverrail.qld.gov.au 06 07 M APARTMENTS KANGAROO POINT Close to all that matters most. Popular pubs and award-winning restaurants are all around. The city’s premier antiques and dining precinct is situated in Woolloongabba, with award-winning restaurants, cafés, quirky bars and fascinating shops. The area is also home to the internationally-famed Gabba stadium. Local picnic spots include peaceful areas beneath the Story Bridge and the Kangaroo Point cliffs, in Mowbray Park and Raymond Park – informally known as the Pineapple Park, providing great views and so close to M Apartments it’s almost like a back yard. Excellent walking and bicycle paths connect with South Bank and the City Botanic Gardens at Kangaroo Point. Numerous state and private schools are in the vicinity, along with Southbank Institute of Technology and Shafston International College. The integrated Mater Hospital complex, in nearby South Brisbane, comprises the Adult Hospital, Maternity Hospital, new $1.5 billion Children’s Hospital and various private hospital facilities. Brisbane’s CBD currently employs more than 164,000 people. In recent years, commercial office space has extended into city fringe areas, including Woolloongabba and South Brisbane. It’s expected more than 20,000 new jobs will be created in Woolloongabba by 2031 – a projected growth of 2.2%. Source: Broad Property Research & Advisory P/L June 2019 08 09 M APARTMENTS KANGAROO POINT 4 22 20 21 13 17 7 2 10 25 15 3 18 19 24 14 23 9 11 12 26 16 1 5 8 6 1. M1 MOTORWAY 6. WOOLLOONGABBA PREMIER 9. RIVERWALK PATH TO 13. EAGLE STREET PIER 18. CONNSTON APARTMENTS 23. RAWLSTON APARTMENTS 2. SOUTHBANK PARKLANDS ANTIQUES AND DINING PRECINCT SOUTHBANK PARKLANDS 14. THE MARC APARTMENTS 19. CLEM 7 AIRPORT LINK TUNNEL 24. SHAFTSON COLLEGE 3. GOODWILL BRIDGE 7. QUEENSLAND UNIVERSITY OF 10. BOTANICAL GARDENS 15. KANGAROO POINT CLIFFS 20. STORY BRIDGE 25. CITY HOPPER FERRY STOP 4. SUNCORP SPORTS STADIUM TECHNOLOGY 11. M APARTMENTS 16. RAYMOND PARK 21. HOWARD SMITH WHARVES 26. FERRY STOP 5. NEW CROSS RIVER RAIL 8. THE GABBA SPORTS STADIUM 12. THE PINEAPPLE HOTEL 17. THORNTON ST FERRY STOP 22. ALL HALLOWS 10 11 M APARTMENTS KANGAROO POINT A refreshing new approach to apartment living. Our new boutique development offers well considered floor plans combined with vistas to the surrounding vibrancy of Kangaroo Point. Savouring the challenge of crafting these stylish interiors, Mary Durack Interior Design has taken inspiration from the simple clean lines of the building as well as the reflections of the meandering Brisbane River and nearby leafiness of the Botanical Gardens. Through the assured use of pattern and colour in highly glazed wall tiles, terrazzo and timber flooring in choices of natural or darker tones, the apartments exhibit a zen-like quality blending interesting materials in harmonious combinations. 12 13 M APARTMENTS KANGAROO POINT Top Performance Developer During the year to end March 2019, 289 apartment were sold in Kangaroo Point, with a median sale price of $597,500 – Artaria Developments Pty Ltd and compared with 308 sales in the previous Chad Pty Ltd are both privately-owned year with a median sale price of $540,000. Queensland companies with excellent The median house price in Kangaroo Point track records in designing, delivering and is currently $965,000. Clearly, acquiring marketing successful residential projects a new apartment from just $410,000 in across inner Brisbane. M Apartments is a tremendous buying M Apartments is the fourth project opportunity. they’ve undertaken in Kangaroo Point, The increase in Kangaroo Point’s median following the success of The Marc on apartment price over the past 12 months Main Street, Connston Apartments in is one of the highest growth rates of all Connor Street and Rawlston Apartments suburbs within inner Brisbane over this in Rawlins Street. period. The vacancy rate for permanent rental accommodation in Kangaroo Point currently averaging 5.6% per annum. Not is currently just 2.9%. Anything under 3% only is this one of the highest gross rental suggests a significant shortfall of suitable yields of all suburbs across inner Brisbane product. According to the Residential it is significantly ahead of average gross Tenancies Authority, more than 200 new rental yields across Brisbane as a whole rental bonds are lodged each month in the (4.8%) as well as in Sydney (3.5%) and 4169 postcode (which includes Kangaroo Melbourne (3.7%). Point and East Brisbane). The scarcity of new apartments for sale is 60% of households in Kangaroo Point are also a key factor behind the tight vacancy renters, so it’s no surprise that there’s rate in Kangaroo Point. Brisbane’s Inner robust demand. This is one of the highest East (which includes Kangaroo Point) proportions of renter households of contains just 8% of inner Brisbane’s any suburb in Queensland, pointing to supply of new residential apartments intense interest in new projects such as M – compared with 38% across the Inner Apartments. North and 29% in the Inner South. Strong demand and lack of supply mean Source: Broad Property Research & Advisory P/L gross rental yields in Kangaroo Point are June 2019 14 15 M APARTMENTS KANGAROO POINT Architect The creation of M Apartments has evolved through the exploration of the site, local contextual constraints and climate-responsive principles to create a building that provides a sanctuary for the residents, while also enhancing the built environments of Kangaroo Point. Contemporary sub-tropical South East Queensland themes of simplicity and outdoor living are carefully considered. The strong regular facade-forms symbolise the solid foundations that Kangaroo Point sits on while the light colour palette softens the façade and Interior Designer also reduces the heat gained from the sun throughout the day. Extended slabs and screening limit solar exposure to the glazing during the summer months while enabling views towards the Brisbane Mary Durack Interior Design is a Brisbane design students at the Queensland CBD. based practice specialising in interior Institute of Technology while further design styling. Reflecting Mary’s eye developing her successful business. “Red Door Architecture is a boutique design for beauty and design, the studio in studio based in Teneriffe, Queensland. We Paddington is alive with inspiration and Today, Mary Durack Interior Design focus on creating an outcome for our clients expertise, colour, texture, imagery and blends comfort, style and spirit to create that incorporates their spatial requirements pattern. Translating ideas into fascinating unique interiors. Commissions have while helping them to realise their ideas and stories, new vitality is infused into included many residential and commercial values through architecture. any concept. projects in Australia and internationally in France, Italy, China and the UK. The Our highly professional team believes in Mary has been creating functional, refurbishment of the formal reception economical, sustainable and smart design beautiful spaces for over 30 years.
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