Owner occupiers seek larger apartments, target Chermside's Estilo on the Park
Owner-occupiers looking for a new apartment in Brisbane's inner suburbs have taken to Chermside's Estilo on the Park, the newest development by the family run developer builder, Gardner Vaughan Group.
The new development on Kittyhawk Drive, flanked by the expansive 73-hectare Seventh Brigade Park and one of the largest Westfield shopping centres in the southern hemisphere, was a hit with first home buyers earlier this year, who made up over half of the enquiry on Urban.com.au. They were drawn to the apartments that offered over 100 sqm on title, with two bedrooms and two bathrooms.
Over 95 per cent of enquiry has come from owner-occupiers. More recently that demographic has shifted to the rightsizers and downsizers who have identified the three and four-bedroom apartments that range in size from 182 sqm to 280 sqm.
Estilo on the Park comprises three towers. Lujosa and Belleza are both sold out, while Esencia, which homes 50 of the 122 apartments in the three-building project, was released to the market at the start of 2024.
Each apartment in Esencia features open-plan living spaces extending to large entertainer's balconies.
The kitchens are fitted with integrated European appliances and stone benchtops, while the large master suites feature walk-in wardrobes and en suites with double vanities, imported tiles and designer tapware.
In a conscious effort to cater to the work-from-home trend, some apartments have a private study space or a home office.
Apartments at Esencia will sit above four commercial and retail tenancies, likely to home a cafe.
Residents will also have access to a rooftop terrace with indoor and outdoor dining, in addition to several relaxation zones, a central outdoor pool, and landscaped gardens.
Gardner Vaughan Group is approaching the final stages of construction, with the building nearly topped out. They're expecting residents to move into Esencia in early 2025.