$200 Million Albion development set to conquer inner northern property market

Arden Group has launched the $200 Million Jade development featuring more than 350 fully designed and integrated apartments in the heart of Brisbane’s desirable inner north wealth belt suburb of Albion.

Stage one of the 1.4 hectare botanical oasis themed master planned community will feature 150 apartments over two six-level buildings, Sage (60 apartments) and Fern (90 apartments), neighbouring Brisbane’s leafy suburbs of Ascot, Clayfield and Hamilton.

Jade’s one, two and three bedroom apartments will range in size from 60 sqm to 160 sqm and will be offered for sale ‘off the plan’ priced from $392,000 to $990,000, with completion expected in late 2015.

Arden Group director Steven Walsh said the development was certain to generate interest from buyers, providing an exclusive opportunity to buy into one of Brisbane’s fastest growing lifestyle areas.

“Jade’s convenient location less than 10 minutes from Brisbane’s CBD and airport as well as its close proximity to Brisbane’s best urban restaurants and lifestyle precincts makes it an excellent choice for owner resident buyers,” he said.

“High quality, affordable apartment product in Albion is hard to come by due to the suburb’s highly constrained land supplies and we’re anticipating a lot of interest in this particular development.

“Jade will comprise four separate six-level buildings situated in a high-quality landscaped environment with five ‘green’ zones for residents to enjoy.”

Mr Walsh said buyers would be able to choose from a broad mix of one, two and three bedroom apartments featuring large entertaining balconies and high quality finishes.

“Apartments of this size are experiencing the highest demand in a decade, particularly for young professionals looking for convenience and empty nesters looking to downsize and remain within easy reach of the city,” Mr Walsh said.

“Combined with the development’s competitive price points and more buyers being drawn to property in the area, we’re expecting a strong level of enquiry.”

Jade provides the opportunity for local couples from within the region who wish to downsize an extensive choice of 24 three bedroom apartments, ranging in price from $670,000 to $990,000.

Jade residents will have access to a high quality landscaped environment including three park-like areas Jade Common, Greenbank and The Pocket as well as two BBQ areas Water Court and The Green. The Frangipani pool with extensive sundeck and spa and a resident gym will also add to the leisurely lifestyle buyers will be able to enjoy.

All apartments will feature at least one secure basement car parking space, open plan living, with wide windows and doors to capture natural light and ventilation, impressive finishes with three colour choices and up-to-date communications including NBN accessibility and security capabilities.

Jade also offers excellent access to public transport, with Albion Railway Station just a short walk away and buses along Sandgate Road and Crosby Road. The development also features close proximity to schools including St Margaret’s Anglican Girls School, Ascot State School, St Rita’s College, Holly Cross School, St Agatha’s Primary School and Clayfield College.

As well as proximity to entertainment precincts such as Portside, Racecourse Rd and Albion Village, residents can enjoy the shops, cafes and restaurants of Gasworks Newstead and James Street in Fortitude Valley.

Construction for Jade is expected to be completed in late 2015.