Opulent oasis at the heart of Brisbane sold for $2,950,000

Contact

Apr 16, 2020

Opulent oasis at the heart of Brisbane sold for $2,950,000

Delivering luxury, location, and quality, in an owner-occupied building, this Banc apartment has been sold by Deb Maguire of Place Kangaroo Point.

Place Kangaroo Point
Place Kangaroo Point
Place Kangaroo Point

With all the amenities of a house on one level, this sky home overlooking the Brisbane River has been sold by Deb Maguire of Place Kangaroo Point for $2,950,000.

The property was listed on 22 December 2019 and sold as a private treaty on 9 March 2020.

Lead Agent Deb Maguire of Place Kangaroo Point told WILLIAMS MEDIA, “We hosted three open homes, and two private inspections, both private inspections were with the successful buyers.”

Situated in the primarily owner-occupied Banc complex, moments from the heart of Brisbane’s CBD, the residence boasts outstanding river and city views, a huge 12.5-metre north-east frontage, a bespoke layout and high-end features.

It sold for $2,950,000, which was well above the original sale price of $2,625,000 off the plan.

body2_1302527_coronation_drive_toowong.jpg

Source: Place Kangaroo Point

“The buyer had previously sold a large home in the western suburbs, and were one of the first to enquire on the initial release of Banc to the market - they first bought a penthouse in St Lucia only to discover the finishes and the orientation with no view did not suit them and watched and waited until their original choice of north east facing Sky Home became available again,” Deb told WILLIAMS MEDIA.

Interest in this property was predominantly from high net-worth downsizers who were looking for a quality location, luxury finishes and a primarily owner-occupied environment.

“Banc has 34 apartments over 15 levels and is one of the rare opportunities to live in a 98% owner-occupied boutique complex,” Deb told WILLIAMS MEDIA.

“Every apartment in the complex has a river or city view. This apartment has private lift access to the foyer, natural Italian travertine finishes, Gaggenau appliances, uninterrupted river and city views.”

body_1_1302527_coronation_drive_toowong.jpg

Source: Place Kangaroo Point

Residents enjoy both front and rear access, plus a lap pool and outdoor entertainment area with barbecues, a function room, and a wine-tasting room. Each residence includes a full height combination lockable twin zone wine fridge in the wine cellar.

A private lift leads directly to an elegant private foyer where a spacious and light filled open plan living and dining space connects to a wrap-around entertaining balcony, the ideal position to host the Riverfire and New Year’s Eve fireworks.

A sleek chef’s kitchen completes the living and dining area, with custom-built cabinetry, premium appliances, butler’s pantry, Italian Travertine benchtops and a breakfast bar.

Extending from the living and dining area, sliding doors open to the versatile media room, library, or guestroom accommodation, as well as a functional study nook, as well as ample storage, a powder room and a separate laundry.

At the property’s rear, two carpeted bedrooms include extensive built-in robes both serviced by the contemporary main bathroom, while the spacious master suite is the epitome of luxury, with a generous walk-in robe and an incredible ensuite with a freestanding bathtub, a separate full glass walled shower, double vanity, mirrored cabinets and premium travertine benchtops.

Deb told WILLIAMS MEDIA, “The luxury property market in our area has high net-worth downsizers, coming from big homes (particularly in the Western suburbs) looking for quality products, luxury finishes and a larger floor plan. There are some larger apartments in smaller boutique complexes.”