Empty nesters swapping houses for apartments in sought-after areas

first_imgMore from newsMould, age, not enough to stop 17 bidders fighting for this homeless than 1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor6 hours agoMirvac’s $200 million development Unison in Newstead is more than 90 per cent sold.“As empty nesters looking for a smaller home with all the benefits of city living at our fingertips, Unison is perfect,” Mr Loy said.“The location is superb, with access to the CityCat just a short walk away and the precinct’s great restaurants and shops literally on our doorstep.”The final collection of Unison apartments are now available starting at $437,000 for a one-bedroom apartment.Mirvac has sold more than 90 per cent of Unison’s apartments, with $165 million in settlements and construction recently finalised.Mirvac Queensland Residential general manager Warwick Bible said a significant proportion of sales had come from local buyers looking to downsize from their homes.“We’ve seen a clear trend towards functional apartment living from buyers currently residing in more traditional dwellings within Brisbane’s inner-north suburbs,” Mr Bible said.“Unison has been very popular with Brisbane buyers, demonstrating the vast appeal Unison holds for those who don’t want to compromise on size or quality to get the benefit of apartment living so close to the CBD.” Unison at Newstead is more than 90 per cent sold with 240 homeowners already moving into the $200 million Mirvac development.EMPTY nesters looking for quality finishes and a central location are one of 240 home buyers who have snapped up an apartment in Mirvac’s $200 million Unison development in Newstead.Graham and Dianne Loy have bought their second Mirvac-built home, opting for a three-bedroom two-bathroom apartment in Unison.“Given our previous home in Wakerley was also built by Mirvac, we already knew the standard of finish would be exceptional,” Mr Loy said.“In addition to its low-maintenance layout and amazing views, the apartment is considerably larger than anything we’d every expected to have in such a central location and the quality of our fixtures, fittings and appliances is second to none.”Mr Loy said Unison’s proximity to the CBD was also a big drawcard.last_img

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