Bolton Clarke

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Bolton Clarke has purchased an development site, currently occupied by the Coorparoo RSL, in the inner-Brisbane suburb for over $10,000,000 at 20 Harries Road in Coorparoo.

The property commands a 2,693 sqm corner site with 105m street frontage, and is opposite Coorparoo Square, the $252 million mixed-use development recently completed by heavyweights Fraser Property Australia and Honeycombes Property Group.

The property was marketed and sold exclusively by Ray White Commercial Qld Director and Head of Investment Sales Tom Barr and Ray White Special Projects Qld Executive Director Matthew Fritzsche.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/20_harries_road.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="631" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/20_harries_road.jpg?itok=AHwXdJJW" width="580"></a></figure>“We received competitive bids from both investors and developers. The developers were primarily contemplating vertical retirement living/aged care and/or residential apartments on the site," Mr Barr said.

“With a short-term leaseback to the Coorparoo RSL, the asset is positioned to capitalise on the future growth and development within the Brisbane south-eastern corridor, in particular the recently completed $250 million* mixed-use <a href="https://www.urban.com.au/buildings/coorparoo-square-300-old-cleveland-road-coorparoo?ref=srp_listview">Coorparoo Square development</a> (opposite).”

“The site and location offered great development potential with a code accessible height up to 16 storeys with upper levels to incorporate panoramic city views. The popular suburb is only 3km* to the Brisbane CBD and within walking distance to public transport,” Mr Fritzsche said.

<h2>Two nearby Coorparoo developments:</h2>

1. Maasra Coorparoo

<a href="/buildings/maasra-coorparoo-220-old-cleveland-road-coorparoo">220 Old Cleveland Road, Coorparoo QLD 4151</a>

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/maasra_coorparoo_lead.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="327" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/maasra_coorparoo_lead.jpg?itok=_-1RDaHG" width="580"></a>

The $101 million luxury mixed-use building has commenced construction in 2019, built to plans designed by award-winning architecture firm HAL Architects.

Accommodating 102 apartments with flexible layouts. The Coorparoo development will include a staggering 34 three-bedroom and 20 four-bedroom sky homes, as well as a floor dedicated to commercial office space.

The eight-storey development has apartments priced from $435,000 to $1.7 million.

2. The Lodges - Stirrat

<a href="https://www.urban.com.au/new-townhouses/the-lodges-stirrat-street-coorparoo?ref=srp_listview">Stirrat Street, Coorparoo QLD 4151</a>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_lodges.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="321" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the_lodges.jpg?itok=1Wx0fYrH" width="580"></a></figure>Under development by the DiCarlo Property Group The Lodges - Stirrat is a boutique development of fifteen freehold terrace homes.

Incorporating three bedrooms, multiple bathrooms and powder rooms, private balconies, secure garages and spacious living areas, according to the marketing material, "The Lodges - Stirrat offers a premium two or three storey property in a dynamic location with extensive lifestyle, recreational and commercial facilities close by."

Platinum Design Architects.are the designers for the development with Leigh Way Designs doing interiors.
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The property commands a 2,693 sqm corner site with 105m street frontage and is opposite Coorparoo Square

urban.com.au

Bolton Clarke purchased a Coorparoo development site for over $10 million

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RSL Care RDNS Limited, which recently changed its operating name to Bolton Clarke, is moving to rework a substantial St Kilda development site for the purpose of an aged care complex.

Spanning 3,799sqm, 31-39 Alma Road did hold approval for a Plus Architecture-designed mid-rise building holding 135 apartments. Under recast plans, the East Melbourne office of global architecture firm Design Worldwide Partnership has rejigged the approved scheme into a part-four and part-six storey development containing 81 retirement living dwellings.

Bolton Clarke's Alma Road project joins Jewish Care's nearby <a href="http://www.jewishcare.org.au/how-to-give/growing.-for-our-community/jewish-care-st-kilda-road/#residential-aged-care">Senior Living and Community Precinct</a> at 619 St Kilda Road; both intend to deliver a substantial boost in retirement living capacity to the area.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image10_15.jpg" rel="gallery-all" title="Plus Architecture's defunct design and Jewish Care's nearby development"><img alt="" class="image-article-full-width-580px" height="189" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image10_15.jpg?itok=8n79wppt" title="Plus Architecture's defunct design and Jewish Care's nearby development" width="580"></a>

<figcaption>Plus Architecture's defunct design and Jewish Care's nearby development</figcaption></figure>VCAT provided the original Plus Architecture scheme with approval on 21 June 2017. 

<blockquote>
The most significant change to the approved development discussed above is the use. Instead of residential dwellings (apartments), the proposal seeks to use the land for a retirement village.

The subtle changes to built form and layouts compared to the approved development are necessary elements to respond to the function of the new use proposed. This includes the additional, enhanced communal areas throughout the building, ancillary uses on-site, and a food and drink premises open to the public as well as residents of the building.

Planning report: SJB
</blockquote>

To that end communal space provided within 31-39 Alma Road has increased from 551sqm to 1,498sqm, whilst dwellings numbers have dropped considerably. Car spaces have also dropped from 170 to 109, resulting in expected traffic movements diminishing from 690 to 405 on a daily basis.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image7_16.jpg" rel="gallery-all" title="Alma Road perspective. Image: Design Worldwide Partnership"><img alt="" class="image-article-full-width-580px" height="302" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image7_16.jpg?itok=HY8kLt-Z" title="Alma Road perspective. Image: Design Worldwide Partnership" width="580"></a>

<figcaption>Alma Road perspective. Image: Design Worldwide Partnership</figcaption></figure>Design Worldwide Partnership is an irregular entrant into the Urban.com.au Project Database. Their previous work includes the joint design of <a href="http://dwp.com/community-project/rathdowne-place/">Rathdowne Place</a> with Jackson Architecture, with the result an aged community vertical village.

31-39 Alma Road's increased provision of communal space has resulted in a novel elevated bowls green atop level 4. Additional elevated amenities include multiple terraces, a 'community sky room' and a vegetable garden.

The St Kilda project forms part of Bolton Clarke's push to <a href="https://www.australianageingagenda.com.au/2017/08/08/rsl-care-rdns-rebrands-ambitious-target/">double in size over the next five years in order to maintain market share</a> in the expanding aged care and retirement living sector.
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Bolton Clarke

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