Azure Unveils Final Residences at One Earle Lane Development in Toowong

One Earl Lane by Azure
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Queensland developer Azure has announced the release of the last remaining apartments for its One Earle Lane development in Toowong. This release comprises eight residential offerings, including six apartments and two penthouses, marking the conclusion of this project in the thriving Toowong area.

Toowong has shown remarkable growth in the past year, with median prices surging by over 18%, outperforming the overall unit market in Brisbane. With over 90% of the development already sold, this final release presents a unique opportunity for buyers and investors to secure their spot in this sought-after location. One Earle Lane, designed by internationally renowned Paul Conrad Architects and constructed by 5Point Projects, is set for completion by the end of 2024.

Trent Kiernan, Director of Azure, expressed enthusiasm for the release, noting the positive reception of One Earle Lane thus far.

“We’re thrilled to release these final residences, especially considering how well received One Earle Lane has been to date

“These residences showcase the commitment of Azure to delivering a unique blend of luxury and contemporary living, to Toowong.”

“One Earle Lane’s final release delivers a diverse range of residences to cater for a range of buyers looking for a luxurious and sophisticated lifestyle that truly feels like home.”

The remaining two penthouses, priced from $3.6 million each, offer stunning park and city views along the northern facade, coupled with spacious living areas and expansive balconies. The six remaining apartments, part of the Parkview Collection, feature three bedrooms plus a multi-purpose room, 2.5 bathrooms, and two-car parking.

One Earle Lane promises unmatched amenities and sophistication, just minutes from Brisbane CBD. From the entry lobby and concierge desk to the rooftop residents club with resort-style facilities, including a wellness area with sauna, steam room, plunge pools, gymnasium, and a 25m heated lap pool, residents will enjoy a luxurious inner-city lifestyle.

Azure has enlisted the expertise of Queensland’s top agents, Simon and Courtney Caulfield at Place – Kangaroo Point, to handle the sale of the remaining eight apartments in One Earle Lane.

“The high-end apartment market is showing resilience despite recent fluctuations, and we’re noticing sustained interest from buyers, even in the face of tight supply conditions,” said Mrs Caulfield. “In fact, Brisbane’s unit market has experienced the second-highest capital growth nationally, with a notable growth rate of 14.8 per cent over the past 12 months.”

“With respect to Azure and its constant pursuit in delivering high quality owner occupier product, completed with timeless architecture and wellness and amenities of 6 star standards. Buyers of this Penthouse Collection will be spoilt for choice when buying into this collection,” said Mr Caulfield.

“Buyers in the high-end property market are looking for more than just a place to live – they seek a lifestyle statement that encapsulates luxury, security, and convenience.

“While amenities certainly play a role, recent growth rates in unit prices in Brisbane have heightened the sense of urgency among buyers, and we expect to see this consistent in One Earle Lane.

Founded in 2014, Azure is a privately owned real estate development and investment company with a track record of delivering quality residential projects. Azure’s current portfolio comprises seven developments valued at over $500 million, featuring notable projects like One Earle Lane and One Five Six at New Farm, which achieved a record-breaking $11.4 million penthouse sale in 2022. Additionally, Azure has recently obtained approval for its luxury golf course townhouse development, ‘Oakmont,’ located in Bookwater. Its portfolio includes more than 1,400 terraces, units, and residential lots, valued at over $500 million.

Note: The information presented in this article is for general informational purposes only and should not be relied upon as legal, financial, or professional advice. While we make every effort to fact-check and verify the information presented, we cannot guarantee its accuracy or completeness. Readers are encouraged to independently verify any information they find on our website and to consult with relevant professionals before making any decisions based on the information presented. The Australian Development Review does not own the rights to the information included within this article, and furthermore, there is no infringement intended from the included text and images within.

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