Executive Two Bedroom Apartment in a Desirable Location

A very rare opportunity presents itself to secure your future in one of Woolloongabba's premium apartment complexes. Designed by award-winning developer Aria Property Group, The Drapery Residence is an architectural masterpiece with a flawless, ultra-contemporary design aesthetic. Welcome to apartment 1402 in 'The Drapery Residences'.

Unparalleled and uninterrupted views offer this light-filled two bedroom opportunity the perfect Inner City abode or superb investment for the savvy investor looking for a statement asset. Enjoy a level 14 vantage point with panoramic City views plus enjoy an ultra-convenient lifestyle with this residence delivering a generous floor-plan to either relax, entertain or work from home together with modern finishes, fixtures and inclusions.

Features of this apartment include:
- North East facing apartment with some of Brisbane's best city views on level 14;
- Spacious open plan living and dining area awash with natural light;
- Meticulously designed double sided chefs kitchen with full height joinery for additional storage. Gas cooktops and integrated fridge and dishwasher;
- 2.7m ceilings, ducted air-conditioning, floor to ceiling double glazed glass and quality block-out curtains to all windows;
- European style laundry;
- Brilliantly designed ventilation to capture the breezes with air conditioning throughout;
- Secure car park with direct lift access.

The building features a resident rooftop club with infinity pool, BBQ area, recreation lawn, fitness centre, dining room and private theatre.

In addition, residents also have access to:
- Ample visitor car spaces;
- Bicycles available for use;
- Complimentary fortnightly group Yoga sessions;
- Complimentary fortnightly group PT Sessions;
- Daily Newspapers in the lobby as well as full online access 24/7;
- Fresh apples in the lobby.

Rates: $450 p.q | Water: $200 p.q + usage | Body Corp Levy: $1,200 p.q approx.

Current market rental appraisal $800 - $850 per week

Enjoy the convenience of being at the centre of Brisbane's cultural heartbeat with the shopping, dining, entertainment and cultural precinct of Woolloongabba at your doorstep.

As Brisbane moves towards hosting the 2032 Olympics, the precinct adjacent (5 minute walk) to Archive is set to undergo a multi-billion dollar transformation, headlined by the $5.4 billion Cross River Rail Project. The Woolloongabba station links directly into Brisbane CBD's Albert Street via a 3-minute journey, along with the complete re-development of the $1 billion Gabba Olympic Stadium, which is home to the opening ceremony of the Olympic Games. The new South Bank Masterplan embarks on continuing the iconic riverside precinct towards The Drapery with new riverfront public spaces.

Make no mistake this exclusive position will hold strong demand with high potential of strong capital growth in the years to come. Our instructions are clear, and this property will be SOLD at auction, if not prior.

In-Room Auction
Location: Ray White West End (5/156 Boundary Street, West End)
Thursday 3rd August 2023 at 11am

Disclaimer
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Explore the area

School catchments

East Brisbane State School Primary Prep-6 Government 0.28km
Australian International Islamic College - Buranda Campus Combined Independent 0.80km
St Joseph's Primary School Primary Prep-6 Catholic 0.86km
Buranda State School Primary Prep-6 Government 1.0km
Dutton Park State School Primary Prep-6 Government 1.2km
St Laurence's College Combined 5-12 Catholic 1.3km
Brisbane South State Secondary College Secondary 7-11 Government 1.4km
Somerville House Combined Prep-12 Independent 1.4km
Anglican Church Grammar School Combined Prep-12 Independent 1.4km
Coorparoo Secondary College Secondary 7-12 Government 1.6km
Brisbane School of Distance Education Combined Prep-12 Government 1.6km
Coorparoo Centre for Continuing Secondary Education Secondary Government 1.6km
Villanova College Combined 5-12 Catholic 1.6km
St Ita's Regional Primary School Primary Prep-6 Catholic 1.7km
St James Primary School Primary Prep-6 Catholic 1.8km
Brisbane State High School Secondary 7-12 Government 2.2km
Queensland Pathways State College - Coorparoo Campus Secondary Government 2.2km
Greenslopes State School Primary Prep-6 Government 2.3km
Coorparoo State School Primary Prep-6 Government 2.3km
Junction Park State School Primary Prep-6 Government 2.4km
Queensland Pathways State College Secondary 10-12 Government 2.4km
Lourdes Hill College Combined 5-12 Catholic 2.9km
Indie School, Logan - Brisbane City Campus Secondary Independent 2.9km
The BUSY School - Brisbane Campus Secondary Independent 3.0km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.