April 14, 2014
CONSTRUCTION KICKS OFF ASBROADWAY ON ANN SALES HIT $100MILLION
CONSTRUCTION is due to commence on Metro Property Development’s Broadway on Ann apartment building in Fortitude Valley within daysas sales for the property rocket past $100 million.
Buyers have snapped up 93 per cent of the 247 apartments at Broadway on Ann, with total sales to date at now at more than $100 million.
Work on the $107milliondevelopment will start soon by Hindmarsh, the building company that has also been appointed to work on Metro’s Brooklyn on Brookes adjoining Emporium in Fortitude Valley.
Metro Property Development founder David Devine said Broadway on Ann’s sales success was due to a quality product and an improving market.
“The Brisbane property market is on the move and more buyers are looking to apartments in the inner city as their preferred investment,” he said.
“Broadway on Ann’s sales success is a definite reflection of this trend. The development’s location in vibrant Fortitude Valley close to shops, transport and diningis highly sought-after and demand has been so high that we are urging buyers to make an appointment soon so they don’t miss out.”
Located at 1 Commercial Road and 977 Ann Street, the 247-apartment Broadway on Ann offers a range of apartments from $335,000 to $630,000.
Metro Property Development Marketing Director Ken Woodley said Broadway on Ann’s stylish apartments delivered the perfect balance between easy going luxury and affordability.
“Global consulting and architectural firm Woods Bagot was commissioned to design the development and they came up with a design that is innovative, fresh and caters to the needs of today’s urban buyers,” he said.
Residents will enjoy a variety of lifestyle benefits including a rooftop entertainment area with a 15-metre heated pool, gym and a barbecue area offering river, city and mountain views.
The project is just 300 metres from the $1.1 billion Gasworks development, 500 metres from the James Street retail and entertainment precinct and opposite the popular Emporium.
Access to transport is easy, with bus services nearby and the Fortitude Valley Train Station is only 1km away. There are more than 30 educational institutions such as schools, colleges and universities within a 3km radius of Fortitude Valley.
Metro Property Development was created in 2010 by Devine Limited founder David Devine and business partners Ken Woodley and Luke Hartman.
The company currently has a portfolio of projects concentrating on quality, affordable residential high rise projects and broad acre land development in Queensland, Victoria and South Australia.
For sales enquiries call 1300 663 301. For more information visit
ENDS: Media enquiries to Peter Hobbs on (07) 3224 9123 or 0408 836 436