EPV Developments’ $60 million The Wellington development in East Brisbane has recorded strong results since launching the new boutique 9-storey apartment tower, achieving more than $28 million in new apartment sales.
The Wellington, a perfectly positioned development located just 1.5km from the Brisbane CBD in East Brisbane / Woolloongabba highly sought-after café and dining precinct, has sold 60 apartments since its official launch in December.
The ultimate inner city development, The Wellington incorporates 127 spacious one-bedroom and 32 two-bedroom with expansive residential recreation facilities.
The Wellington’s one-bedroom and two-bedroom apartments are available in a variety of floorplans designed to offer contemporary living and are priced between $354,000 and $615,000.
The Wellington offers premium residential apartments with luxurious recreational facilities including a rooftop pool and entertaining area with expansive views of the city skyline plus a second floor relaxation, barbecue and garden area, along with a vibrant boutique dining and retail precinct on the ground floor.
The ground floor of The Wellington features a boutique retail area reminiscent of New York’s Chelsea Markets, where residents and visitors can enjoy an eclectic mix of quality providores, artisan retailers, restaurants and cafes including a flagship experience from Phillip Di Bella, the founder of Australia’s largest specialty brand, Di Bella Coffee.
The Wellington development company EPV Developments is a synergy of two highly successful directors, Denis Mackenzie and Karl Jameson.
Operating exclusively within the inner-city Brisbane market, EPV develops boutique mixed-use apartments and integrated living to exacting standards.
EPV Developments director Karl Jameson said due diligence research showed that Brisbane’s inner south-east is increasingly becoming a lifestyle destination of choice, with The Wellington site perfectly positioned in an area of ongoing high demand.
“We want to make the most of this prime location by creating a development where residents can enjoy convenient and luxurious inner-city apartment living and captivating city views,” Mr Jameson said.
“Our vision is to create a unique central atrium with lush tropical terraces and courtyards to provide residents with a garden view and allow for natural light and breezes to flow throughout the apartments in The Wellington,” he said.
“Our design concept for The Wellington’s apartments is to create a sense of space, maximised by integrating accessories into a seamless, clean and contemporary style, offering a choice of light and dark colour palettes and selected upgrade options allowing owners to personalise aspects of their apartment.”
The Wellington marketing manager and TOTAL Property Group managing director Adrian Parsons said this clever and contemporary new property development offers a unique opportunity for both owner occupiers and investors.
“The Wellington is attracting a diverse range of buyers due to its location, value and overall quality, with purchasers coming from the local and wider Brisbane market as well as Sydney,” Mr Parsons said.
“Brisbane’s property market is continuing to record healthy growth both in sales volumes and median sale prices, particularly for multi-storey developments, with apartment living becoming increasingly popular,” he said.
“East Brisbane is a high growth area experiencing increasing and ongoing demand from buyers and tenants due to the limited availability of new apartment developments.
“The impressive sales results we have seen since launching only confirms the appeal of the location and the luxurious, spacious and competitively priced apartments on offer at The Wellington.
“The Wellington’s premium residential apartments offer buyers a highly appealing city lifestyle, being situated above a boutique retail area that is envisaged to be an upscale East Brisbane answer to the popular James Street and Gasworks Plaza retail and dining precincts.
“Buyers are also being attracted by The Wellington’s luxurious recreational facilities including a rooftop pool and entertaining area with captivating city views, plus an extensive residents’ barbecue garden and relaxation zone on level two.
“Since opening the Sales Display Centre, located directly across the road from The Wellington development site, we’ve had a lot of people walking in who are interested in selling their old-fashioned inner city house to upgrade into a well-appointed apartment with outstanding views and the convenience of apartment living, without the hassle of maintaining a house and land.
“The Wellington Sales Display Centre provides buyers with the opportunity to utilise interactive touchscreens to determine the apartment that suits them best and experience a full kitchen and bathroom display.”