Bide Newstead begins to take form with construction well underway
Boutique property developers DibCorp have recently released their City View Collection in Bide Newstead. With construction underway, Bide Newstead is set to deliver 89 residences for completion in late 2023.
Atlantis Property Group Director, Fraser Byrne, said construction has been tracking well, despite the continuing building sector struggles.
“LPS Group has been powering through the basement dig and the basement pour has just commenced,” Byrne said.
Over 85 per cent of the apartments have already been sold in Bide, with stock uptake heavily weighted towards local owner occupiers. Byrne says however there have been a number of interstate purchasers, who intend to move from the south to the Sunshine state.
There has also been a few investors securing apartments in the contemporary block.
The number of new apartment project launches have significantly diminished in 2022, with many developers holding back projects until the interest rate hikes slow and both labour and material costs become more reasonable.
Bryne said it’s in times like these where it’s important for buyers to put their trust in builder/developers who can get projects out of the ground.
“In the current climate, launching a project is one thing, but actually being under construction is another,” Byrne said.
“To have a project in Newstead that has the surety of being in construction with a completion date in site, gives buyers a lot of comfort.”
Located just three kilometres from the Brisbane CBD, the dress circle address, and the overall designs and landscaping by Twohill & James, Wiltshire Stevens Architecture and Lat27 add to Bide’s continuing success.
With the project titled from the verb meaning to dwell or reside, the building design has been considered from the inside out, ensuring all of the elements to a balanced home can be achieved to each skyhome.
The Newstead address grants breathtaking city views, while perfectly framed floor-to-ceiling windows allow natural light to spill into every aspect of the homes.
Wellness is a paramount element of Bide Newstead’s design, with its amenity offering further emphasising the importance of lifestyle for all residents.
Bide offers a 600 sqm lush garden, across two storeys, an urban green space dedicated to wellness and entertainment.
With barbecue facilities, private cabanas, landscaped gardens perfect for enjoying the open air, and seating areas for entertaining or even to be used as a workspace.
