DEVELOPMENT

Final opportunity to secure ultimate sophistication at One Earle Lane

WORDS: Ocean Road Magazine Editorial Staff PHOTOGRAPHY Supplied

Queensland developer Azure has released the final apartments for its One Earle Lane development in the booming location of Toowong, bringing to market its final eight residential offerings, including six apartments and two penthouses.

The release comes at a time when Toowong is outperforming the overall unit market in Brisbane, with the median price growth in the last 12 months skyrocketing to over 18 per cent.

With over 90 per cent of the development sold out, this will be the last chance for buyers to secure their spot in this exceptional collection of residences and offers an incredible chance for buyers and investors to get a foothold in the growing Toowong market.

“We’re thrilled to release these final residences, especially considering how well received One Earle Lane has been to date,” said Trent Kiernan, Director of Azure.

“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 two remaining penthouses are priced from $3.6 million, each adorning park and city views on the northern façade and provide spacious living areas that are enhanced by expansive balconies.

The final six remaining apartments are part of the Parkview Collection which feature three bedrooms plus multi-purpose room, 2.5 bathrooms and two-car parking.

One Earle Lane will provide residents with unmatched amenities and the ultimate level of sophistication just minutes from Brisbane CBD.

The project offers the luxurious inner-city lifestyle from the entry lobby, concierge desk, business lounge to, to the rooftop residents club with its resort-style facilities including a wellness area with a large sauna, steam room, hot and cold plunge pools, gymnasium and 25m heated lap pool.

Azure has enlisted Queensland’s top agents, Simon and Courtney Caulfield, to sell 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.”

Azure is a privately owned real estate development and investment company that has delivered more than 1,400 terraces, units and residential lots since it was founded in 2014.

The company’s active portfolio of seven developments is valued at more than $500 million including One Earle Lane and One Five Six by Azure at New Farm which set a price record for the inner city in 2022 with its $11.4 million penthouse sale.

The premium residential development encompasses Brisbane’s subtropical climate and draws inspiration from European forefathers of modernist open plan living.

With timeless architectural and interior design by the internationally renowned, Paul Conrad Architects, and constructed by the known and trusted 5Point Projects, One Earle Lane is on track for completion at the end of 2024.