Azure release final apartments at One Earle Lane, Toowong

Simon Caulfield said buyers in the high-end property market are looking for more than just a place to live
Azure release final apartments at One Earle Lane, Toowong
Urban EditorialApril 22, 2024NEW RELEASE

Queensland developer Azure has released the final apartments for its One Earle Lane development in Toowong.

The final eight apartments, including two penthouses, have hit the market in the building which is 90 per cent sold and under construction.

“We’re thrilled to release these final residences, especially considering how well received One Earle Lane has been to date,” Azure Director Trent Kiernan said.

“These residences showcase the commitment of Azure to delivering a unique blend of luxury and contemporary living, to Toowong.

“One Earle Lane’s final release delivers a diverse range of residences to cater for a range of buyers looking for a luxurious and sophisticated lifestyle that truly feels like home.”

The two remaining penthouses are priced from $3.6 million, each adorning park and city views on the northern façade and provide spacious living areas that are enhanced by expansive balconies. 

The final six remaining apartments are part of the Parkview Collection which feature three bedrooms plus multi-purpose room, 2.5 bathrooms and two-car parking.

One Earle Lane will provide residents with unmatched amenities and the ultimate level of sophistication just minutes from Brisbane CBD.

The project has an entry lobby with a concierge desk and a business lounge, as well as a rooftop residents club with resort-style facilities including a wellness area with a sauna, steam room, hot and cold plunge pools, gym, and a 25 metre heated lap pool.

Simon and Courtney Caulfield are selling the remaining eight apartments.

“The high-end apartment market is showing resilience despite recent fluctuations, and we’re noticing sustained interest from buyers, even in the face of tight supply conditions,” Mrs Caulfield said. 

“In fact, Brisbane’s unit market has experienced the second-highest capital growth nationally, with a notable growth rate of 14.8 per cent over the past 12 months.”

Simon Caulfield said buyers in the high-end property market are looking for more than just a place to live.

"They seek a lifestyle statement that encapsulates luxury, security, and convenience," he said.

“While amenities certainly play a role, recent growth rates in unit prices in Brisbane have heightened the sense of urgency among buyers, and we expect to see this consistent in One Earle Lane.”

Azure is a privately owned real estate development and investment company that has delivered more than 1,400 terraces, units and residential lots since it was founded in 2014. 

The company’s active portfolio of seven developments is valued at more than $500 million and includes One Five Six by Azure at New Farm which set a price record for the inner city in 2022 with its $11.4 million penthouse sale.

One Earle Lane, designed by Paul Conrad Architects and constructed by 5Point Projects, is on track for completion at the end of 2024.

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