Premium terrace homes on their own freehold title are about to be launched in Bulimba as a new $50 million residential project gets under way.
Brisbane-based family company Di Carlo Property Group is behind the new TriBeCa Terraces, 53 spacious terrace homes inspired by New York’s premium urban neighbourhood of TriBeCa.
Group director Josh Di Carlo said they had noticed the Bulimba area had matured in recent years as a choice for lifestyle buyers and TriBeCa was a premium product that would fill the void.
“We wanted to create a new style of home that both stands out from the crowd and comfortably blends with the character of the area,” Mr Di Carlo said. The project would be a stylish new take on the traditional terrace home with all the amenities of inner-city living. “We’ve incorporated many features that bring together the lifestyle we have envisaged for residents,” he said. “Rooftop decks, courtyards, multiple outdoor balcony areas and extensive landscaping and recreation areas offer residents many ways of enjoying the views and relaxing privately or with friends.”
The development will be made up of terrace homes of two and three storeys, each with three bedrooms, a master ensuite and study nook. Selected terrace homes will have their own roof deck and all terrace homes will have courtyards and multiple outdoor balcony areas, to take advantage of a range of vistas. “We’ve designed TriBeCa Terraces to stand out from what is currently being offered in the market,” Mr Di Carlo said. “Each terrace will have freehold title, which brings with it all the advantages of owning your own home.”
The homes will have double-car garages plus parking space for guests. Residents will also have access to a range of lifestyle facilities including storage for bicycles and two recreation areas. These include a luxury swimming pool, outdoor entertaining areas and extensive landscaping for exercise and relaxation purposes.
Terrace homes on freehold title near the water and lifestyle amenities are taking luxury living to the next level.
The Terraces are set to be developed on a 6827sqm site with frontages to Banya Street and Johnston Street, just a short walk to Bulimba’s retail hub and along the river to the Apollo Road ferry terminal.
A former army barracks site that dates back to the 1940s wartime era, it is an easy walk to the riverfront precinct of the Bulimba Army Barracks, which is currently subject to a new master plan by the Brisbane City Council.
Di Carlo Property Group has delivered a suite of successful residential projects in Brisbane’s inner east, including Ebony and Ivory at Coorparoo and Element Bulimba. “Bulimba is a market we know really well,” Mr Di Carlo said. “Our family has lived and worked here for more than a generation, so we’re already converts to the lifestyle that Bulimba offers.”
Originally published by:
8 Apr 2017
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