![]() ![]() Last week, Ken Woodley, marketing director of Metro Property Group, zoomed past me in his Jaguar. He was leaving his Mirvac penthouse and heading in the direction of the Valley. He must be super happy with the sales of Metro's off-the-plan apartments in the Valley. ![]() Although they are marketed as luxury apartments, in my view, they are small, basic apartments, targeted at foreign investors who cannot buy existing apartments due to FIRB rules.Īs reported today in Property Observer, Metro has been hugely successful in its Valley developments. "Devine’s Metro Property Development group recorded 67 off-the-plan sales over the March quarter for Cambridge Towers, the first stage of its $450 million Central Village development in Fortitude Valley making it the top seller by some margin, according to the latest inner Brisbane apartment update from Colliers International. #THE WATERMARQUE CONDOS VALLEY VILLAGE UPDATE# Now under construction, Metro had sold 92 out of 165 units in the development as of the end of the March quarter. In a release earlier this month, Metro said it had sold 80% of the 160 apartments in Oxford Towers, stage two of the project, with one and two bedroom apartments ranging from $275,000 to $575,000. Impact of COVID-19 on Brisbane Apartment market.The project is expected to take approximately five years to complete." On completion Central Village will comprise five towers and approximately 970 apartments. #THE WATERMARQUE CONDOS VALLEY VILLAGE UPDATE#.Properties may or may not be listed by the office/agent presenting the information. All information should be independently reviewed and verified for accuracy. ![]() All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. Based on information from The MLS™ - Combined L.A. Information is deemed reliable but not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties may or may not be listed by the office/agent presenting the information as of 09:05:35 PDT and /or other sources. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.īased on information from California Regional Multiple Listing Service, Inc. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. Valley Village CA real estate listings updated every 15min. ("CRMLS") and is protected by all applicable copyright laws. Valley Village homes for sale range from 415K - 2.75M with the avg price of a 2-bed single family home of 820K. The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ![]()
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