Coronet Court art deco gem sold for $855,000
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Jun 5, 2020
Coronet Court art deco gem sold for $855,000
Sold by Tom Lyne of Ray White New Farm, who told WILLIAMS MEDIA, “Art deco apartments in New Farm always draw strong interest.”
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Ray White New Farm -
Ray White New Farm -
Ray White New Farm
This top floor, two-bedroom apartment in one of New Farm's most loved Art Deco buildings, Coronet Court, has been sold by Tom Lyne of Ray White New Farm for $855,000 post auction.
Built in 1933, Coronet Court was described at the time as ‘having the architectural dignity of a mansion’ and features a number of exquisite period features including original bay windows, grand galleried stairs and tall decorative stained glass windows.
Coronet Court is directly opposite New Farm Park, one of Brisbane’s oldest and largest parks, serviced by a CityCat Terminal, and the historic Brisbane Powerhouse, which is host to live arts, weekend farmers markets and other seasonal events.
Source: Ray White New Farm
The 35-day campaign saw 4 virtual inspections and 24 in-person one on one prior to COVID-19 lockdown restrictions.
Tom Lyne told WILLIAMS MEDIA, “It was a pleasure to market this stunning property on behalf of our client and we are also incredibly happy for the young couple who have just purchased their now second art deco apartment in New Farm.”
“Iconic art deco apartments in New Farm always draw strong interest, the building itself is very loved by locals. Still to do this day it stands proud, embracing exceptional charm and an historic aesthetic.”
Source: Ray White New Farm
Boasting leafy views of New Farm park and the Brisbane CBD, the apartment enjoys generously sized rooms and a large enclosed veranda with combined sunroom and laundry space. Original bay windows, light fittings and timber floors, picture and plate rails feature throughout.
“The charm of the Art Deco style attracts buyers looking for the historic charm with original features such as ornate plasterwork. These buildings are well known for being well built and passing the test of time. For New Farm – the appeal to buyers is also a great location,” Tom told WILLIAMS MEDIA. “After transacting approximately 50% of 2019 art deco sales my team and I are enormously proud that all of these sales achieved building records!”
Source: Ray White New Farm
“In comparison to major cities of the southern states, Brisbane can be undervalued. Nonetheless, the city boasts incredible schools and universities, respected cultural centres, a variety of available opportunities for growth, and a signature sunny lifestyle! It is hard to see the Brisbane inner city market as anything other than bright. 2019 saw a number of robust sales (and auction results) of high end homes,” Tom told WILLIAMS MEDIA.
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