Coorparoo

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Brisbane developer Karam Group has announced it will match the state’s first home owners’ grant with an additional $15,000 for first home buyers who purchase an eligible apartment at their Coorparoo project, Maasra Apartments.

The $15,000 Developer Grant will see eligible first home buyers receive up to $45,000 towards their new home, with the development also qualifying for the Federal Government’s $15,000 HomeBuilder grant.

Hindmarsh Construction Australia has started work on a $102 million mixed use development in Coorparoo, qualifying the project for the federal government’s HomeBuilder grant.

Karam Group director Anthony Karam said he was pleased to announce the additional grant to help first home buyers get their foot in the door of a brand-new apartment.

“This is a terrific opportunity for first-time buyers to get into the market, as saving this kind of money takes most people years,” he said.

<a href="https://www.urban.com.au/new-apartments/maasra-coorparoo-220-old-cleveland-road-coorparoo"><img alt="" height="1251" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/maasra_apartments_exterior.jpg" width="2000"></a>

Designed by HAL Architects, Maasra offers residents access to a podium recreational space with multiple resort-style entertainment areas at an entry-price of $399,000.

Amenities include a 25-metre pool with timber decking, sun beds, beautifully landscaped surrounds, a residents’ lounge, a gym, and retail space on the ground floor.

“Maasra Apartments in Coorparoo is perfectly positioned for eligible first home buyers wanting to purchase a quality apartment in a prime city location,” TOTAL Property Group managing director Adrian Parsons said.

The apartment’s inner-city fringe location of Coorparoo appeals to young professionals seeking to buy an apartment in an area with transport infrastructure and lifestyle offerings on its doorstep.

Parsons claimed the area was one of Brisbane’s most vibrant lifestyle hubs.

<h2>Other residential developments near Coorparoo on the market right now</h2>

“The Brisbane property market is currently in its prime,” Parsons said.

With the advantage of flexible working arrangements and Queensland’s desirable climate, affordability and lifestyle, Brisbane is a very attractive place to live.

1. <a href="https://www.urban.com.au/new-apartments/cello-5-9-flora-street-greenslopes">Cello</a>, Greenslopes 
Address: 5-9 Flora Street, Greenslopes QLD 4120 
One-bedroom apartments from $349,000

<a href="https://www.urban.com.au/new-apartments/cello-5-9-flora-street-greenslopes"><img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cello-5-9-flora-street-greenslopes-54dd93d50b90d44ea82f4d1caa728b79.jpg" width="1200"></a>

CS Development Group’s Cello Apartments is the latest addition to Brisbane’s suburb of Greenslopes. Offering residences in one, two and three-bedroom configurations, this development is the ideal home for buyers searching for properties with exceptional on-site amenities.

These amenities include a swimming pool, gym, on-site library, rooftop observation deck and multi-purpose space. 
 

2. <a href="https://www.urban.com.au/new-townhouses/minnippi-quarter-193-fursden-road-carina">Minnippi Quarter</a>, Carina 
Address: 193 Fursden Road, Carina QLD 4152 
One-bedroom apartments from $415,000

<a href="https://www.urban.com.au/new-townhouses/minnippi-quarter-193-fursden-road-carina"><img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/minnippi-quarter-193-fursden-road-carina-73840558290361af420321e00543a97b.jpg" width="1200"></a>

Located next to the Minnippi Parklands is Frasers Property’s latest masterplanned community, Minnippi Quarter. Situated on a large, newly developed site, residents will have access to 6000 square metres of private parkland and precinct parks.

Each property in the development offers open-plan living, natural light and a full suite of resort-style amenities, including a 25-metre infinity edge lap pool and a fully equipped gym.
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Karam Group has announced it will match the Queensland Government's first home owners’ grant with an additional $15,000 for first home buyers purchasing eligible apartments

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Karam Group matches HomeBuilder grant for first home buyers at Maasra

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Bolton Clarke has purchased an development site, currently occupied by the Coorparoo RSL, in the inner-Brisbane suburb for over $10,000,000 at 20 Harries Road in Coorparoo.

The property commands a 2,693 sqm corner site with 105m street frontage, and is opposite Coorparoo Square, the $252 million mixed-use development recently completed by heavyweights Fraser Property Australia and Honeycombes Property Group.

The property was marketed and sold exclusively by Ray White Commercial Qld Director and Head of Investment Sales Tom Barr and Ray White Special Projects Qld Executive Director Matthew Fritzsche.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/20_harries_road.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="631" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/20_harries_road.jpg?itok=AHwXdJJW" width="580"></a></figure>“We received competitive bids from both investors and developers. The developers were primarily contemplating vertical retirement living/aged care and/or residential apartments on the site," Mr Barr said.

“With a short-term leaseback to the Coorparoo RSL, the asset is positioned to capitalise on the future growth and development within the Brisbane south-eastern corridor, in particular the recently completed $250 million* mixed-use <a href="https://www.urban.com.au/buildings/coorparoo-square-300-old-cleveland-road-coorparoo?ref=srp_listview">Coorparoo Square development</a> (opposite).”

“The site and location offered great development potential with a code accessible height up to 16 storeys with upper levels to incorporate panoramic city views. The popular suburb is only 3km* to the Brisbane CBD and within walking distance to public transport,” Mr Fritzsche said.

<h2>Two nearby Coorparoo developments:</h2>

1. Maasra Coorparoo

<a href="https://www.urban.com.au/new-apartments/maasra-coorparoo-220-old-cleveland-road-coorparoo?ref=srp_listview">220 Old Cleveland Road, Coorparoo QLD 4151</a>

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/maasra_coorparoo_lead.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="327" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/maasra_coorparoo_lead.jpg?itok=_-1RDaHG" width="580"></a>

The $101 million luxury mixed-use building has commenced construction in 2019, built to plans designed by award-winning architecture firm HAL Architects.

Accommodating 102 apartments with flexible layouts. The Coorparoo development will include a staggering 34 three-bedroom and 20 four-bedroom sky homes, as well as a floor dedicated to commercial office space.

The eight-storey development has apartments priced from $435,000 to $1.7 million.

2. The Lodges - Stirrat

<a href="https://www.urban.com.au/new-townhouses/the-lodges-stirrat-street-coorparoo?ref=srp_listview">Stirrat Street, Coorparoo QLD 4151</a>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_lodges.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="321" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the_lodges.jpg?itok=1Wx0fYrH" width="580"></a></figure>Under development by the DiCarlo Property Group The Lodges - Stirrat is a boutique development of fifteen freehold terrace homes.

Incorporating three bedrooms, multiple bathrooms and powder rooms, private balconies, secure garages and spacious living areas, according to the marketing material, "The Lodges - Stirrat offers a premium two or three storey property in a dynamic location with extensive lifestyle, recreational and commercial facilities close by."

Platinum Design Architects.are the designers for the development with Leigh Way Designs doing interiors.
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The property commands a 2,693 sqm corner site with 105m street frontage and is opposite Coorparoo Square

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Bolton Clarke purchased a Coorparoo development site for over $10 million

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A 1960s residence at Coorparoo has been listed for sale for the first time.
It has been scheduled for January 28 auction.
Located at <a href="https://www.realestate.com.au/property-house-qld-coorparoo-124421590" target="_blank">544 Cavendish Road</a>, the property featuring many of the rich characteristics dating back to its 1960s build.
There are the stylish architraves, stone feature walls, original fireplace and ornate cornices.
There is a master bedroom complete with ensuite along with four additional bedrooms, all with built ins, as well as three bathrooms.
There is also a bar area downstairs along with a fully covered outdoor entertaining area with city views.
The property features a double car garage.
Next to the wine cellar is a home workshop.
New owners have the opportunity and option to renovate, re-build or invest with the property being in its original condition.
Brisbane’s CBS is 6km away and elite shops, restaurants, cafes and the new Coorparoo Square Shopping Village a short walk away.
The property is offered through Harcourts agents Conrad Leisemann and Chris Blakeley
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Intact 1960s Coorparoo residence listed for sale for first time

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Former Brisbane Lion triple premiership captain Michael Voss and wife Donna are selling their Coorparoo home, Nu Haven.
The couple paid $2.55 million for the five bedroom family entertainer in 2009 when Voss took over as head coach at the Lions.
The residence on a 1303 square metre corner parcel is designed in a U shape, focused around a swimming pool.
A grand entertaining space with a wood fireplace, arched French windows and a chandelier overlook the manicured front gardens.
The master suite includes a lounge and bar area, dressing room, ensuite and private deck.
It became a $1,200 a week rental at the end of 2015.
The home goes to auction March 23 through Place Bulimba agents James Curtain and Warren Walsh.
Voss, the 1996 Brownlow Medal winner, had a disappointing four years at the helm of Brisbane, then returning to AFL coaching as Port Adelaide's midfield manager.
He now lives in Glenelg in a $1,200 a week rental.
This article first appeared in The Weekend Australian.
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Lions legend Michael Voss lists Coorparoo home

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Former Brisbane Lion triple premiership captain Michael Voss and wife Donna have sold their Coorparoo home, Nu Haven.
It had been on the market for 37 days before its sale through Place Bulimba agents James Curtain and Warren Walsh.
The couple paid $2.55 million for the five bedroom family entertainer in 2009 when Voss took over as head coach at the Lions.
Set on 1303, the home is designed in a U shape, focused around a centralized swimming pool.
It features a grand entertaining space with a wood fireplace, arched French windows and a chandelier overlook the manicured front gardens.
The master suite includes a lounge and bar area, dressing room, ensuite and private deck.
It became a $1,200 a week rental at the end of 2015.
Voss, the 1996 Brownlow Medal winner, had a disappointing four years at the helm of Brisbane, then returning to AFL coaching as Port Adelaide's midfield manager.
He now lives in Glenelg in a $1,200 a week rental.
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Lions triple premiership captain Michael Voss sells in Coorparoo

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A house at Coorparoo has been sold for $1,565,000 making it Brisbane's most expensive sale last weekend.
Located at <a href="https://www.realestate.com.au/property-house-qld-coorparoo-124941710" target="_blank">79 Buena Vista Avenue</a>, the 809 square metre property was offered for the first time in 40 years.
The property has views of the surrounding area and of the city with a large deck overseeing the equally large backyard.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/04/02/79%20Buena%20Vist%20Avenue-2.jpg" alt="">
The four bedroom home was offered to purchasers as having the opportunity to renovate or rebuild with the CBD in close proximity.
The property was offered through ACRU Property agents.
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Tightly-held Coorparoo house sold for first time in 40 years

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A Coorparoo home listed through Place Bulimba gent Denis Najzar has been sold for $2,265,000.
The new, Hamptons style home at <a href="https://www.realestate.com.au/sold/property-house-qld-coorparoo-127894414" target="_blank">34 Jerome Street </a>had 100 plus groups through its first open home.
Some 200 groups came through over the three week marketing campaign.
There were five written offers on the property, with four more than $2 million.
The home has five bedrooms and three bathrooms across two levels.
There was 406 square metres of space of under roof living.
It is on a 647 square metre block.
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Hamptons-style Coorporoo trophy home fetches $2,265,000

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The cricketing great Ian Healy has sold his Coorparoo, Brisbane home of nearly two decades.
The former Test cricket wicketkeeper and his wife, Helen, secured $2,215,000.
<a href="https://www.realestate.com.au/sold/property-house-qld-coorparoo-128822954" target="_blank">The home</a> with five bedrooms, two bathrooms, a pool and two-car garage on a 974 square metre block, sold off market through Steven Gow of Ray White Bulimba.
It has city views.
The property last sold for $685,000 in 1999.
The suburbs' median house price of $875,000, according to CoreLogic.
The television sports presenter and commentator owns the Hoppy’s car wash business, which has 10 sites in south-east Queensland.
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Cricket legend Ian Healy sells at Coorparoo

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Designed by architect Eric Trewern, Thongabel, a Coorparoo landmark house recently sold.
Located at <a href="https://www.dixonfamily.net.au/listings/residential_sale-1564302-coorparoo/" target="_blank">4 Welwyn Crescent, Coorparoo</a>, it features a dress circle position atop 860 square metres that captures views of the entire Brisbane City skyline.
The three storey house features multiple living and entertaining spaces that span out to areas with views.
It sold through Dixon Family Estate Agents off market.
The interiors have been renovated with architectural features including Tulip Oak timber floors, Italian tiles and travertine.
There are five bedrooms positioned across two levels of the home, while the parent's retreat opens out to a private balcony.
Other highlights include library, gym, climate controlled wine cellar, formal office, heated lap pool, heated horizon spa and outdoor space for kids to play.
It is only 4 kilometres from the CBD, and within close proximity to state, Catholic and private schools. 
The suburb's median house price sits at<a href="https://www.propertyobserver.com.au/Designed%20by%20architect%20Eric%20Trewern,%20'Thongabel'%20the%20Coorparoo%20landmark%20house%20has%20been%20recently%20sold." target="_blank"> $875,000</a>, according to CoreLogic.
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Landmark Coorparoo trophy house Thongabel sold

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Coorparoo Square, a joint venture between Honeycombes Property Group and Frasers Property Australia, has won the national Liberty Award for Best Mixed-Use Development at the 2019 Property Council &amp; Rider Levett Bucknall Innovation &amp; Excellence Awards. 
Coorparoo Square, designed in consultation with Conrad Gargett Architects, comprises 366 apartments across three residential towers, exclusive residents use facilities and a major new retail, dining and entertainment precinct that has reactivated the street front. 
The project began construction in 2015 and was completed in 2017.
It sold out ahead of ahead of expectations with 90 per cent of the project’s first stage had sold within three months of release. 
Peter Honeycombe, Managing Director at Honeycombes Property Group, says it was a great honour to have been selected for this coveted national award. 
The joint venture partners also paid tribute to the property’s history by resurrecting the original MYER sign on the site. 
Coorparoo Square was recognised in the annual Property Council of Australia &amp; Rider Levett Bucknall Innovation &amp; Excellence Awards for delivering a mixed use of residential apartments and a vibrant new retail, dining and entertainment precinct comprising a Dendy cinema complex, ALDI supermarket and 2,650 sqm of supporting retail tenancies. 
The category saw five other state-of-the-art developments compete as finalists for the prestigious award including Meriton’s Altitude Parramatta; Cornerstone Property Group’s Griffith Teas in Surry Hills; Jewel in Wentworth Point developed by Payce and Sekisui House; HCAP Development’s Haven in Newstead and Lucent Gasworks in Newstead developed by Cavcorp. 
Cameron Leggatt, General Manager – Residential Queensland at Frasers Property Australia, says, “The retail leasing strategy sought to target, alongside national anchor tenants, an eclectic mix of specialty tenancies.” 
Coorparoo Square’s residents enjoy resort-style amenities including Club Coorparoo, a podium level recreation area featuring a tennis court, 25-metre lap pool, barbecue areas and gym.
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