Pradella Developments has collaborated with Newstead Interiors on a Brisbane riverfront apartment that, according to KPMG, is larger than the average Australian home.

The three bedroom, two bathroom, triple garage apartment is located on second level of the Drift building in the Waters Edge community in West End, and offers 194sqm of living space, including 35sqm of balcony space, with 13 metres of river frontage. KPMG claims the average new Australian home is 192sqm, and the average new apartment just 135sqm.

In addition to its front row seat to the river, the residence has access to more than 4,000sqm of water-scaped gardens at Waters Edge, including a 25 metre heated infinity pool, barbecue terrace, gymnasium and private residents’ lounge. The residence was picked by Waters Edge developer Pradella for an exclusive makeover by Newstead Interiors. Pradella director Kim Pradella says the apartment was chosen for its unique location and design.

“We wanted to redefine the concept of a riverfront home. This residence has been designed to offer the space and ambience of a private home with the convenience of apartment living,” he said.

“The position on the second level mirrors the look and feel of a home in leafy surroundings. The apartment is elevated to ensure privacy and to provide spectacular 180 degree panoramic views across the river, while allowing residents direct private access to surrounding parklands, riverfront pathways and exclusive resort-style amenities.”

Director of Newstead Interiors, Virginia De Luca says the apartment has been ‘themed’ to suit its surroundings.

“The Brisbane lifestyle is centred around the river, so we wanted to extend the apartment’s connection to the river through the use of different colours, textures and materials,” she said.

“The end result is an abode that is classic yet contemporary, with a monochrome interior matched by bespoke furnishings with earthy tones, enhanced by splashes of blue hues as a visual reminder that this apartment is framed by the water.

We have opted to keep the overall palette of the apartment neutral, light and fresh to allow the buyer to put their own stamp on the apartment.”

Platinum 360 agent Mary Terblanche says she expects the residence will catch the eye of buyers looking to transition from a riverfront home to an apartment.

“I’m expecting interest from purchasers who currently own a riverfront home, and want a lower maintenance lifestyle without ‘downsizing’ to a regular apartment,” she said.

“The type of purchaser looking at this apartment is likely to be a mature professional or semi retiree taking a long term view with the property, so liveability is just as important as lifestyle and location. This apartment is more akin to a home not only because of its size, but also its ‘zoning’. The layout of the apartment, with bedrooms and bathrooms separated for privacy, and living and dining areas grouped together for entertaining, makes it comfortable and functional for all occasions.”

 

 

 

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