This riverfront terrace apartment, positioned steps from the Riverwalk and Newstead Park with sweeping water views, has been sold by Christine Rudolph and Pauline Karatau of Ray White New Farm in 1 day.

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The two-bedroom apartment with approx. 71sqm courtyard is set by the banks of the Brisbane River within Mariner's Reach's tightly-held ‘Oriana’ building, offering an idyllic resort lifestyle, with direct access to acres of lush tropical landscaped gardens, a choice of three swimming pools, gymnasium, spa and sauna.

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Christine Rudolph told WILLIAMS MEDIA they had 30 enquiries within the first hour of listing online. Only 3 in-person inspections were held before the property was sold.

“Properties in this building are rare to the market, many sell without hitting the market, and there are also very few absolute waterfront, 2 bedroom apartments with terraces and a North-East aspect in this precinct,” Christine explained to WILLIAMS MEDIA.

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“There were a diverse range of buyers for this property. We have high demand for properties such as this from buyers wanting the option of a small waterfront base in Brisbane, offering a desirable lifestyle as well as a second property which is usually either coastal or country. The buyer who purchased this property was a professional in the 40+ demographic.”

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The sale price of $1,550,000 set a new building record for a 2-bed, 2-bath, 1-car apartment.

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“The market continues to remain tight, with a shortage of quality stock and a surplus of cashed up buyers. When a blue chip property such as this one comes on the market it is not unusual for buyers to want to make strong decisions to take it off the market and secure their dream property.”

Source: Ray White New Farm

To view the listing or for more information click here.

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