Launched mid-last year, The Residences at Yungaba House represents Frasers Property Australia’s painstaking and elegant restoration of the 130-year-old landmark building fronting the Brisbane River at Kangaroo Point.
The Hills are one of six owners who have bought into the development so far, along with a Hong Kong-based ex-pilot who collects heritage properties around the world, a young family from Bulimba and a Brisbane-based couple who have renovated several homes and have another property in Sydney.
Cameron Leggatt of Frasers Property said while the purchasers in The Residences came from various backgrounds, they all shared a love of unique heritage property.
“They have in common the desire to own a piece of Brisbane’s history and we believe they are all likely to treasure their residence to be passed onto their future generations,” Mr Leggatt said.
“We are delighted to welcome buyers who appreciate the rare jewel that these homes represent in Brisbane’s property landscape. The remaining Residences are a truly once-in-a-lifetime opportunity to secure a part of this exquisitely restored Brisbane landmark.”
One of the remaining residences for sale, Residence Four, is now open for viewing and has been furnished with hints of modern colour and styling while respecting the heritage features of the home.
The Residences at Yungaba House earned a nomination in the upcoming UDIA National Awards for Excellence after winning the Medium Density housing category of the UDIA (Qld) Awards in November.
The project is also a finalist in this year’s Property Council of Australia (Qld) Awards in the Heritage Development category.
Dating back to 1887, Yungaba House served as an immigration facility, army refuge, accommodation centre, war-time hospital, design studio and community group hub before its transformation into 10 residences facing east to the water, the three and four-bedroom homes have modern kitchens and amenities, complemented by high-tech security throughout.
Each private residence blends the elegance of history with modern amenities to deliver a rare offering that is destined to become Brisbane’s most exclusive residential address.
The homes overlook the 3000-square-metre, heritage-listed gardens and lush parklands that surround Yungaba House. The adjacent recreation centre provides residents-only access to a private gymnasium and 25-metre infinity edge pool.
The remaining residences, priced from $2.85 million, are open for viewing each Saturday from 10am to 10.30am and 2pm to 2.30pm. See yungaba.com.au or domain.com.au/2014157147.