Buyers set to move into The Carl Residences in Woollangabba

Cotterill said the location of the apartments will result in good rental returns for investors
Buyers set to move into The Carl Residences in Woollangabba
Urban EditorialMarch 28, 2024CONSTRUCTION UPDATE

Woollangabba is undergoing a huge transformation in the lead-up to the Brisbane 2032 Summer Olympics.

Set to see the transformation unfold is residents at The Carl Residences, the suburb's newest residential address.

Buyers will be moving in soon to the 87-apartment development by National Enterprises on Carl Street

Just a handful of apartments remain, starting from $495,000.

The Carl Residences presents an attractive opportunity for first home buyers seeking affordable yet well-connected addresses in Brisbane. The Carl Residences qualifies for the $30,000 First Home Owners Grant.

“These apartments are an exceptional opportunity for the first home buyer,” RE/MAX Experience’s David Cotterill said when speaking to Urban in 2021.

“The overall design is sleek and modern, the fit-out is stylish and high quality, and balconies are spacious. In fact, all spaces are large.”

The apartments boast light-filled interiors with city views from the north side starting from the fourth level.

The kitchens are modern and stylish and are well-equipped with Bosch appliances.

Set over 12 levels, Carl Residences also offers residents several amenities, including secure underground parking, outdoor gym facilities, and a rooftop pool with a barbecue and entertainment area.

Cotterill said the location of the apartments will result in good rental returns for investors.

Located less than three kilometres from the CBD and only a seven-minute walk from the nearest station, Carl Residences provides residents with both privacy and connectivity—making Woolloongabba an appealing choice, especially with the anticipation of the 2032 Brisbane Summer Olympics.

The upcoming 2032 Summer Olympics have spurred significant investment in the area to create a vibrant 24/7 precinct that will endure beyond the conclusion of the games. 

The Queensland and federal governments have pledged $7 billion to transform Brisbane's sporting and event venues, including a rebuild of The Gabba, just four minutes away, which will serve as the central hub for the games.

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