Brisbane development Gallery House reports strong sales quarter

Brisbane development Gallery House reports strong sales quarter
Staff reporterDecember 7, 2020

The Gallery House development in Brisbane’s Northshore Hamilton reported strong sales in the June quarter with 31 sales.

The results put it top of the pile in a recent Urbis Essentials report, with the nest new development recording 12 sales in the same period.

Gallery House features 319 one, two, three and four bedroom apartments across the 20-level Gallery House One and 19-level Gallery House Two towers.

Construction on both towers at the project is being lead by building contractor Multiplex.

Brisbane development Gallery House reports strong sales quarter

Brookfield Residential Properties’ Managing Director, Lee Butterworth said more than $173 million of luxury apartments have now sold at Gallery House.

"The opportunities to secure such generously-sized luxury riverfront apartments in the current market are extremely limited, and as a result, we are seeing increasing enquiry from buyers wanting to secure their own private oasis close to the city centre," he said.

"Sales to date have predominately been to owner-occupiers, including empty nesters looking to make the move from a home to an apartment and professionals wanting to be close to the city centre."

Two bedroom apartments are prices from $565,000; three-bedroom from $865,000; and four bedroom from $1,195,000.

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