Off the plan buyers move in to Mirvac's Tulloch House at Ascot Green masterplan
The first residents have started moving into Mirvac’s racecourse-fronting Tulloch House development in Brisbane, with settlements underway on the sold-out $77 million building.
All 83 apartments in the eight-level Tulloch House, the second stage of the publicly-listed property group’s Ascot Green masterplanned community alongside Eagle Farm Racecourse, were snapped up in July, well ahead of the building’s completion, for between $450,000 to more than $2 million.
Mirvac is working to bring the next stage – Charlton House – to the market as soon as possible to meet the exceptional demand for apartments in the community and Brisbane, with registrations of interest already being taken and preview appointments anticipated to commence early next year.
The subtropical-inspired apartment block will rise 14 levels with 111 apartments and a rooftop with panoramic city and track views. That will also feature a private dining room and lounge areas.
It will home the community's first four-bedroom apartments, as well as four integrated terraces with direct access to green open space fronting the racecourse.
The ground level will feature a gym and resort-style pool overlooking the racecourse.
The luxury Ascot Green community is the first in Australia to be developed on a racecourse and is part of Brisbane Racing Club’s $1.2 billion masterplan redevelopment of Eagle Farm to transform the precinct into a vibrant place to live, work and enjoy.
Australian Bureau of Statistics (ABS) figures show Queensland recorded a net gain of 7,000 people from internal migration in the March 2021 quarter, with 3,300 people moving to Greater Brisbane. The figures showed 115,000 people also immigrated to Australia to the year ending March 2021.