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1 RECENT MEDIA

2 PO Box 84, Main Beach Gold Coast, QLD, 4217 T: (07) Client: Total Property Group The Wellington Publication: The Weekend Edition Date: Thursday December 1, 2016 Title: East Brisbane gains a touch of contemporary living with The Wellington Link:

3 East Brisbane Gains a Touch of Comtemporary Living with The Wellington It s no secret that Brisbane s inner east is experiencing a boom in terms of highquality residential developments, but The Wellington is aiming to set itself apart with a charming blend of luxury amenities, dynamic retail offerings and lifestyle opportunities afforded by inner-city living. The latest in East Brisbane s property boom is The Wellington by EPV Developments a tenstorey apartment development that will consist of 127 one and two-bedroom apartments. Designed around a central atrium that boasts lush tropical terraces and courtyards, The Wellington creates a relaxing green space despite being located in close proximity to the city centre. The ground floor of the development will host an eclectic mix of cafes, providores and retail, with the area shaped to be reminiscent of New York s Chelsea Markets. Each abode will be generously sized and offer a choice between dark and light colour palettes, offset with stone bench tops, earthy tones, timber veneers as well as top-of-theline accessories and appliances blended seamlessly into the styling. The complex will also include recreational facilities including a rooftop pool and entertaining area (complete with city views) and well as a barbecue dining area. Construction is slated for be completed in the latter half of To get a closer look at the finer details, head to The Wellington s website. 1 December, 2016

4 East Brisbane is Getting Younger, and The Wellington is Getting Ready Image: Adrian Parsons East Brisbane s population is anticipated to grow at an impressive rate, following the neighbouring suburb of Woolloongabba which is projected to increase 32% by Young adults between the ages of are East Brisbane s leading age-bracket, making up 29.3% of the total population. These numbers show that East Brisbane is becoming the next in line of Brisbane areas to be adopted as the new hot spot for the young professional lifestyle. And The Wellington, a new $60 million boutique apartment tower currently under construction in East Brisbane, is in a prime position to cater to this emerging demographic. The Wellington marketing manager and TOTAL Property Group Managing Director Adrian Parsons said the apartment tower and retail precinct, which is due for completion in 2017, is set to meet the demand of this fast growing population. East Brisbane is transforming into a cosmopolitan hub, with artesian coffee houses, independent fashion boutiques, and gourmet eateries popping up around The Wellington, he said. While the young professional market in East Brisbane is driving demand for these lifestyle eateries and retailers, they also have the financial means to support and sustain them. An interesting fact is that in East Brisbane s population the most common household income is in excess of $3000 a week. The most popular occupation in East Brisbane is professionals with over 32.3% of residents working in this area and a further 13% working in management. The prominence of young professionals in East Brisbane has seen the area evolve into a thriving contemporary lifestyle location in recent years. The young professional population can really boost an area s popularity and lifestyle appeal, we ve seen it happen in areas like New Farm and West End, and now it s East Brisbane s turn. Mr Parsons said November, 2016

5 The Wellington is designed to assimilate with East Brisbane s growing culture, with contemporary design and facilities that benefit both residents and the greater community. A retail and dining precinct will feature on the ground floor, which we envision becoming a central hub for East Brisbane s flourishing retail and hospitality trade. Residents of The Wellington will experience a range of facilities including our rooftop pool area with views of Brisbane s sweeping cityscape, and a second floor garden and barbecue area perfect for entertaining guests. The finished project has been designed to incorporate plenty of light and green spaces in order to complement East Brisbane s vibrant aesthetic, as such we have included a central atrium throughout the tower to provide an open environment, Mr Parsons said. Mr Parsons says The Wellington has proven appeal within the young professional market. Our spacious and competitively priced apartments have received strong interest from a range of buyers, including investors, seasoned buyers and of course the young professional population. Many young professionals are seeing the value of our contemporary design and central location and are taking advantage of the $20,000 first home buyers grant to secure their place at The Wellington. The Wellington s one-bedroom and two-bedroom apartments are available in a variety of floorplans designed to offer contemporary living and are priced between $339,000 and $615,000. The Wellington is perfectly positioned on the corner of Wellington Road and Overend Street in the high-demand suburb of East Brisbane, just a short walk from The Gabba stadium and the dining and shopping destinations of Logan Road and Stanley Street. It will stand nine-storeys tall and include 127 spacious one-bedroom and two-bedroom apartments, complete with expansive recreational facilities and a ground floor specialty retail and dining precinct within 2.5km of the Brisbane CBD. The Wellington has recently begun basement level pouring and has brought out the big guns a major construction crane to complete its current construction phase November, 2016

6 Young Professionals Turning East Brisbane into the Place to Live Young professionals are boosting the popularity and lifestyle amenities of East Brisbane with the suburb set to become Brisbane s next lifestyle hotspot. According to the latest Australian Bureau of Statistics and Census 2011 statistics, East Brisbane s population is expected to be the next suburb to boom in the inner-city, following Woolloongabba s projected increase of 32% by With young adults between the ages of 20 to 29 years old making up East Brisbane s leading age-bracket, with 29.3 per cent of the suburbs total population. Total Property Group managing director Adrian Parsons said East Brisbane was transforming into a cosmopolitan hub with artesian coffee houses, independent fashion boutiques, and gourmet eateries popping up. Courier Mail 20 November, 2016

7 Total Property Group managing director Adrian Parsons While the young professional market in East Brisbane is driving demand for these lifestyle eateries and retailers, they also have the financial means to support and sustain them, Mr Parsons said. According to the ABS, the most popular occupation in East Brisbane is professionals, with more than 32.3 per cent of residents working in this area and a further 13 per cent working in management. An interesting fact is that in East Brisbane s population the most common household income is in excess of $3000 a week, Mr Parsons said. The young professional population can really boost an area s popularity and lifestyle appeal, we ve seen it happen in areas like New Farm and West End, and now it s East Brisbane s turn. Courier Mail 20 November, 2016

8 PO Box 84, Main Beach Gold Coast, QLD, 4217 T: (07) Publication: The Courier Mail Online Date: Sunday November 20, Title: Young professionals turning East Brisbane into the place to live Link: CONTINUED ON NEXT PAGE

9 FOLLOWING PREVIOUS PAGE

10 PO Box 84, Main Beach Gold Coast, QLD, 4217 T: (07) Client: Total Property Group The Wellington Publication: The South East Advertiser Date: Wednesday, November 16, 2016 Title: Tower project on schedule Page: 4 Section: News Audited Circulation: 49, 842 Estimated Publicity Value: $1,840

11 Construction Gains Momentum For Wellington Apartment Development EPV Developments $60 million boutique apartment tower in East Brisbane, The Wellington, is gaining momentum in its construction phase with the inclusion of a major construction crane and the pouring of the basement level. The Wellington will stand nine-storeys tall and include 127 spacious one-bedroom and twobedroom apartments, complete with expansive recreational facilities and a ground floor specialty retail and dining precinct within 2.5km of the Brisbane CBD. EPV Developments appointed Queensland civil and construction contractor McNab as the builder of The Wellington. Construction preparation commenced in early April on the 3,339 square metre development on the corner of Wellington Road and Overend Street. with completion estimated for October November, 2016

12 Andrew North and Patrick Dooley project managers for The Wellington. To date, the demolition of the previous buildings occupying the site has been completed, the excavation in rock is finished and the pouring of the lower basement slab is underway, EPV Developments Project Manager Andrew North said. He said the construction of a major on-site crane is a milestone in any development s construction schedule. We expect to have construction completed around the end of 2017, which is as we had originally planned, Mr North said. Wellington Marketing Manager and TOTAL Property Group Managing Director Adrian Parsons said the Wellington has been designed to include plenty of green spaces, such as a second floor garden and barbeque area and central atrium November, 2016

13 Mr Parsons said the space will provide residents a light and open living environment that many inner-city apartment dwellers miss out on. When completed the development will fit perfectly into East Brisbane s vibrant aesthetic, with facilities like an exclusive rooftop pool area with expansive views, and a cosmopolitan retail and dining precinct that will fit right in with the growing café and restaurant culture of the area. The Wellington will join East Brisbane as it becomes the next inner city suburb to undergo a contemporary transformation, which is quickly becoming a hot spot for young professionals November, 2016

14 New Developments Offering Young Buyers Big Opportunities A terrace courtyard apartment at EPV Developments $60 million The Wellington development in East Brisbane has been purchased off-the-plan by a savvy young buyer. The brand-new one-bedroom apartment was the perfect property for first-time purchaser Jessica Ross, 26, who was attracted to The Wellington for the location and lifestyle opportunities it offers. According to the developer, The Wellington incorporates spacious one- and two-bedroom apartments and recreation facilities above a vibrant boutique dining and retail centre on the ground floor, perfectly positioned just 1.5 kilometres from the Brisbane CBD in the highly sought-after East Brisbane/Woolloongabba café and dining precinct. After several years of renting, the idea of owning her own apartment became increasingly attractive to Ms Ross, who decided to take advantage of the Queensland First Home Owners Grant and the affordable buying conditions created by the ongoing record-low interest rates June 2016

15 According to Ms Ross, she had created a detailed vision board and checklist for her ideal new apartment, including a spacious floor plan incorporating outdoor living, residential recreation facilities, well-designed communal living areas and a convenient location in an inner-city lifestyle suburb. I was surprised to discover that with interest rates being so low, there isn t much difference between mortgage repayments and rent, and getting finance was not as difficult as I thought it would be with the guidance of The Wellington s sales team, she said. I did my research and discovered that buying an apartment off-the-plan and being eligible for the Queensland First Home Owners Grant allowed me to purchase at a discounted price. Another major consideration is that buying off-the-plan gives me another 18 months or so to save further funds before I am required to settle upon the construction being completed. Ms Ross said she looked at a broad variety of developments offering off-the-plan apartments and found that The Wellington met all of her requirements. I can t wait to achieve my personal goal of getting out of the rental cycle and enjoying the security and stability of home ownership, and I plan to move into The Wellington as soon as the development is completed. A stand-out feature of the apartment I chose is the spacious open-plan living area flowing into a large courtyard, creating an outdoor living room alongside an open-air area, perfect for entertaining. I am impressed with extras like The Wellington s rooftop pool area and the garden and barbecue area located on my floor of the building, without having the responsibility of maintenance. According to Ms Ross, The Wellington also offers a retail area on the ground floor, which she believes will be a great place to grab a coffee in the morning, get groceries on the way home and go for breakfast on the weekends. I m really looking forward to immersing myself in the lifestyle offered at The Wellington and the renowned dining precinct and vintage shopping scene in the East Brisbane/Woolloongabba area. I also love the location, as The Wellington is within walking distance to the vibrant South Bank precinct, and it is a lovely walk along Kangaroo Point to the city. EPV Developments director Denis Mackenzie said construction commenced at The Wellington in early April, with an estimated completion date of October next year. Our due diligence research showed that Brisbane s inner south-east is fast becoming a lifestyle destination of choice, with The Wellington development site perfectly positioned in an area of increasingly high demand, he said June 2016

16 We aim to make the most of The Wellington s excellent location by creating a development where residents can enjoy convenient, luxurious inner-city apartment living with expansive city views and a real sense of style and sophistication about where they are living. The Wellington marketing manager and TOTAL Property Group managing director Adrian Parsons said inner-city apartment living is very popular, and new apartment developments in lifestyle-rich areas like East Brisbane that offer value for money and proximity to the Brisbane CBD are seeing strong demand from young first-time buyers wanting to set their financial goals in place. There are a lot of benefits for potential first home owners on offer at The Wellington, such as our deposit enhancer program, which may be available on select apartments to supplement the Queensland First Home Owners Grant of $20,000, as well as the long settlement time frame of buying off-the-plan, he said. The Wellington has sold more than 60 apartments since its official launch in December and we are continuing to see strong interest in the development as construction gets underway. The Wellington s one- and two-bedroom apartments are available in a variety of floor plans designed to offer contemporary living, and are priced between $349,000 and $615,000. The Wellington is positioned on the corner of Wellington Road and Overend Street in the high-demand suburb of East Brisbane, just a short walk from The Gabba stadium and the dining and shopping destinations of Logan Road and Stanley Street. Source: June 2016

17 Courier Mail 2 June, 2016

18 Construction Commences At The Wellington Boutique Apartment Development Photo: supplied Construction has commenced on the $60 million The Wellington boutique apartment development in East Brisbane, following a strong sales campaign achieving more than $28 million in new apartment sales in less than three months of launching. The Wellington, the latest project by innovative inner-city property developers EPV Developments, is a nine-storey tower incorporating 127 spacious onebedroom and two-bedroom apartments, expansive residential recreation facilities, and a ground floor specialty retail and dining precinct just 2.5km from the Brisbane CBD. Construction preparation commenced early April with the demolition of the existing old buildings on the 3339 square metre development site on the corner of Wellington Road and Overend Street in the highly sought-after inner city suburb of East Brisbane bordering on Woolloongabba, with an estimated completion date of October th May 2016

19 EPV Developments has appointed leading Queensland civil and construction contractor McNab as the builder of The Wellington. McNab has more than two decades of experience in the construction industry and a well-established reputation for completing projects of the highest quality within development schedules. Over the years McNab has delivered landmark projects for a broad range of clients including many national industry leaders and state private developers. EPV Developments director Denis Mackenzie said that after due diligence research and consideration the company was happy to announce McNab as the appointed builders of the nine storey mixed-use The Wellington development. It is always exciting to see construction start on any new development, particularly on such a perfectly positioned site in a major growth suburb, Mr Mackenzie. The concept for our latest project was to create affordable, quality apartments in a prime location, he said. Our innovative construction techniques will increase the efficiency of the project while maintaining quality craftsmanship and we are aiming for completion around the end of Our vision as developers is to play a significant role by offering the highest quality, well-positioned, prestige apartment building developments that contribute to the beautification of the cityscape. We aim to make the most of The Wellington s prime location by creating a development where residents can enjoy convenient, luxurious inner-city apartment living with expansive city views and a real sense of style and sophistication about where they are living. The Wellington marketing manager and TOTAL Property Group managing director Adrian Parsons said it is an exciting time for the developers and its purchasers, who will be able to see construction of their brand new apartment building rolling out. Inner-city apartment living is becoming increasingly popular and the limited availability of new apartment developments in high growth areas like East Brisbane is resulting in ongoing strong demand from buyers and tenants, Mr Parsons said th May 2016

20 We are continuing to see very strong interest in The Wellington as we move into the construction phase, with both owner occupiers and investors recognising the unique opportunity presented by this clever and contemporary new development, he said. The Wellington apartments are available in a variety of floor plans and are competitively priced from $354,000 for one bedroom apartments and from $470,000 for two bedroom apartments. Buyers are seeing quality and value in the design of The Wellington apartments, which combines chic modern aesthetic with stylish inner city living. The Wellington is designed to offer residents captivating city views as well as garden views afforded by unique central atrium, which allows natural light and breezes to flow into the spacious apartments. Buyers have responded to The Wellington s luxurious recreational facilities including a rooftop pool area with spectacular views of the city skyline, a second floor barbecue and garden area, plus a vibrant boutique dining and retail precinct on the ground floor inspired by New York s Chelsea Markets. Savvy owner-occupiers and investors also recognise the lifestyle appeal that comes from The Wellington s highly desirable location adjacent to the world-class Gabba sporting stadium and within metres of the vibrant Woolloongabba / East Brisbane dining precinct. Source: th May 2016

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22 South East Advertiser 25 May, 2016

23 EPV Appoints McNab for $60 Million Wellington Project Photo: supplied EPV Developments has kicked off construction of its $60 million The Wellington boutique apartment development in East Brisbane after appointing Queensland builder McNab as the construction contractor. The Wellington is a nine-storey tower incorporating 127 spacious one-bedroom and two-bedroom apartments, expansive residential recreation facilities, and a ground floor specialty retail and dining precinct just 2.5km from the Brisbane CBD. Construction preparation commenced early April with the demolition of the existing old buildings on the 3339 square metre development site on the corner of Wellington Road and Overend Street in the highly sought-after inner city suburb of East Brisbane bordering on Woolloongabba, with an estimated completion date of October th May 2016

24 McNab has more than two decades of experience in the construction industry and a well-established reputation for completing projects of the highest quality within development schedules. Over the years McNab has delivered landmark projects for a broad range of clients including many national industry leaders and state private developers. Photo: supplied EPV Developments director Denis Mackenzie said that after due diligence research and consideration the company was happy to announce McNab as the appointed builders of the nine storey mixed-use The Wellington development. It is always exciting to see construction start on any new development, particularly on such a perfectly positioned site in a major growth suburb, Mr Mackenzie th May 2016

25 The concept for our latest project was to create affordable, quality apartments in a prime location, he said. Our innovative construction techniques will increase the efficiency of the project while maintaining quality craftsmanship and we are aiming for completion around the end of Our vision as developers is to play a significant role by offering the highest quality, well-positioned, prestige apartment building developments that contribute to the beautification of the cityscape. We aim to make the most of The Wellington s prime location by creating a development where residents can enjoy convenient, luxurious inner-city apartment living with expansive city views and a real sense of style and sophistication about where they are living. The Wellington apartment and retail precinct will be located on the corner of Wellington Road and Overend Street in the inner East Brisbane suburb of Woolloongabba, with one and two bedroom apartments available from $354,000. Source: th May 2016

26 The Wellington Marks $30M Sales As Buyers Head East Photo: supplied EPV Developments has recorded almost $30 million in new apartment sales at its latest offering The Wellington in East Brisbane. The $60 million 9-storey tower comprises 127 one-bedroom and 32 two-bedroom residences, with 60 apartments sold since its launch in December. EPV Developments director Karl Jameson says the project is poised to capitalise on growing demand for Brisbane's inner south-east. "We want to make the most of this prime location by creating a development where residents can enjoy convenient and luxurious inner-city apartment living and captivating city views," Jameson says. "Our design concept for The Wellington's apartments is to create a sense of space, maximised by integrating accessories into a seamless, clean and contemporary style, offering a choice of light and dark colour palettes and selected upgrade options allowing owners to personalise aspects of their apartment." The development has a rooftop pool and entertaining area, as well as a dining and retail precinct on the bottom floor featuring a flagship Di Bella Coffee store th May 2016

27 The Wellington marketing manager and TOTAL Property Group managing director Adrian Parsons says the mixed-use offering has attracted both owneroccupiers and investors. "The Wellington is attracting a diverse range of buyers due to its location, value and overall quality, with purchasers coming from the local and wider Brisbane market as well as Sydney," Parsons says. "Brisbane's property market is continuing to record healthy growth both in sales volumes and median sale prices, particularly for multi-storey developments, with apartment living becoming increasingly popular. "East Brisbane is a high growth area experiencing increasing and ongoing demand from buyers and tenants due to the limited availability of new apartment developments. "The impressive sales results we have seen since launching only confirms the appeal of the location and the luxurious, spacious and competitively priced apartments on offer at The Wellington." Located on the corner of Wellington Road and Overend Street, apartment prices start from $345,000. Source: th May 2016

28 Buyers Grab $28 Million Worth Of Apartments In Popular Inner-City Café Precinct Photo: supplied A NEW residential project in the sought-after East Brisbane and Woolloongabba cafe precinct has sold $28 million worth of apartments since its December launch. The sale of 60 apartments in the nine-storey The Wellingon has confirmed the vision of developers Denis Mackenzie and Karl Jameson, joint directors of EPV Developments. Operating exclusively within inner-city Brisbane, EPV develops boutique mixeduse apartment projects. Mr Jameson said research showed Brisbane s inner southeast was increasingly becoming a lifestyle destination of choice and The Wellingtonwas perfectly positioned in an area of ongoing high demand. 4 th May 2016

29 We want to make the most of this prime location by creating a development where residents can enjoy convenient and luxurious inner-city apartment living and captivating city views, he said. Our vision is to create a unique central atrium with lush tropical terraces and courtyards to provide residents with a garden view and allow for natural light and breezes to flow throughout the apartments, he said. Photo: supplied Our design concept... is to create a sense of space, maximised by integrating accessories into a seamless, clean and contemporary style. Project marketing manager and Total Property Group managing director Adrian Parsons said The Wellington had drawn owner-occupiers and investors. The Wellington is attracting a diverse range of buyers due to its location, value and overall quality, with purchasers coming from the local and wider Brisbane market as well as Sydney, he said. Brisbane s property market is continuing to record healthy growth both in sales volumes and median sale prices, particularly for multistorey developments, with apartment living becoming increasingly popular. 4 th May 2016

30 East Brisbane is a high-growth area experiencing increasing and ongoing demand... The impressive sales results we have seen since launching only confirms the appeal of the location and the luxurious, spacious and competitively priced apartments on offer. Photo: supplied The Wellington will comprise 127 one-bedroom and 32 two-bedroom apartments priced between $354,000 and $615,000. Recreational facilities include a rooftop pool and entertainment area with city views; a second-floor relaxation, barbecue and garden area and, a ground-floor boutique dining and retail precinct. The mix of providores, artisan retailers, restaurants and cafes will include a flagship Di Bella Coffee store. Source: th May 2016

31 The Wellington Records Strong Sales As Demand Grows For New Apartments In East Brisbane Photo: supplied EPV Developments $60 million The Wellington development in East Brisbane has recorded strong results since launching the new boutique 9-storey apartment tower, achieving more than $28 million in new apartment sales. The Wellington, a perfectly positioned development located just 1.5km from the Brisbane CBD in East Brisbane / Woolloongabba highly sought-after café and dining precinct, has sold 60 apartments since its official launch in December. The ultimate inner city development, The Wellington incorporates 127 spacious one-bedroom and 32 two-bedroom with expansive residential recreation facilities. The Wellington s one-bedroom and two-bedroom apartments are available in a variety of floorplans designed to offer contemporary living and are priced between $354,000 and $615, May 2016

32 The Wellington offers premium residential apartments with luxurious recreational facilities including a rooftop pool and entertaining area with expansive views of the city skyline plus a second floor relaxation, barbecue and garden area, along with a vibrant boutique dining and retail precinct on the ground floor. The ground floor of The Wellington features a boutique retail area reminiscent of New York s Chelsea Markets, where residents and visitors can enjoy an eclectic mix of quality providores, artisan retailers, restaurants and cafes including a flagship experience from Phillip Di Bella, the founder of Australia s largest specialty brand, Di Bella Coffee. The Wellington development company EPV Developments is a synergy of two highly successful directors, Denis Mackenzie and Karl Jameson. Operating exclusively within the inner-city Brisbane market, EPV develops boutique mixed-use apartments and integrated living to exacting standards. EPV Developments director Karl Jameson said due diligence research showed that Brisbane s inner south-east is increasingly becoming a lifestyle destination of choice, with The Wellington site perfectly positioned in an area of ongoing high demand. We want to make the most of this prime location by creating a development where residents can enjoy convenient and luxurious inner-city apartment living and captivating city views, Mr Jameson said. Our vision is to create a unique central atrium with lush tropical terraces and courtyards to provide residents with a garden view and allow for natural light and breezes to flow throughout the apartments in The Wellington, he said. Our design concept for The Wellington s apartments is to create a sense of space, maximised by integrating accessories into a seamless, clean and contemporary style, offering a choice of light and dark colour palettes and selected upgrade options allowing owners to personalise aspects of their apartment. The Wellington marketing manager and TOTAL Property Group managing director Adrian Parsons said this clever and contemporary new property development offers a unique opportunity for both owner occupiers and investors. The Wellington is attracting a diverse range of buyers due to its location, value and overall quality, with purchasers coming from the local and wider Brisbane market as well as Sydney, Mr Parsons said. Brisbane s property market is continuing to record healthy growth both in sales volumes and median sale prices, particularly for multi-storey developments, with apartment living becoming increasingly popular, he said. 2 May 2016

33 East Brisbane is a high growth area experiencing increasing and ongoing demand from buyers and tenants due to the limited availability of new apartment developments. The impressive sales results we have seen since launching only confirms the appeal of the location and the luxurious, spacious and competitively priced apartments on offer at The Wellington. The Wellington s premium residential apartments offer buyers a highly appealing city lifestyle, being situated above a boutique retail area that is envisaged to be an upscale East Brisbane answer to the popular James Street and Gasworks Plaza retail and dining precincts. Buyers are also being attracted by The Wellington s luxurious recreational facilities including a rooftop pool and entertaining area with captivating city views, plus an extensive residents barbecue garden and relaxation zone on level two. Since opening the Sales Display Centre, located directly across the road from The Wellington development site, we ve had a lot of people walking in who are interested in selling their old-fashioned inner city house to upgrade into a wellappointed apartment with outstanding views and the convenience of apartment living, without the hassle of maintaining a house and land. The Wellington Sales Display Centre provides buyers with the opportunity to utilise interactive touchscreens to determine the apartment that suits them best and experience a full kitchen and bathroom display. Source: May 2016

34 Courier Mail 23 April, 2016

35 Courier Mail 23 April, 2016

36 Establish Magazine March/April 2016

37 City South News 18 February, 2016

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41 New Wellington Apartments Photo: supplied The Gabba area will see the rise of another residential apartment development with the launch of The Wellington, set on the corner of Wellington Road and Overend Street. The nine-storey apartment building is the latest project for EPV Developments. The apartment complex features a mix of one and two bedroom apartments over nine floors, set above a ground floor retail and dining precinct. A Di Bella Coffee cafe will be among the restaurants and cafes yet to be announced for the ground floor area, which has been designed to be reminiscent of New York s Chelsea Markets. Photo: supplied 27 January, 2016

42 Taking full advantage of the proximity to South Brisbane, the CBD, universities, hospitals and the Gabba stadium, EPV Developments have positioned The Wellington well to appeal to a wide range of potential buyers and residents. The building will feature shared facilities like a rooftop pool and entertainment area. A variety of floor plans will be available across the one and two bedroom apartments, and each will feature large balconies and quality interior inclusions like Bosch or Miele appliances and stone bench tops. The price of the onebedroom apartments start at $354,000 and $470,000 for the two-bedroom apartments. Construction on The Wellington is due to commence from April 2016 with a view to completion at the end of Source: Images sourced from The Wellington Facebook page 20 December, 2015

43 Urbis: Gabba Suburb To Watch As $28 Million Notched In Apartment Sales Photo: supplied $28 million in residential sales has been reached across four months at EPV Developments The Wellington located metres from The Gabba despite launching in an historically slow holiday sales period. 60 apartments have sold at the boutique nine-storey apartment tower located on the corner of Wellington Road and Overend Street on the edge of both East Brisbane and Woolloongabba, with the sales launch taking place in December The Wellington s one-bedroom and two-bedroom apartments are are priced between $354,000 and $615,000 available in a variety of contemporary floor plans January 2016

44 Urbis associate director Paul Riga told The Courier-Mail that the next six months would see activity spread across all inner-brisbane areas, and that Woolloongabba is the next place to watch, with big players moving in and a range of upcoming projects, according to Riga. The latest Urbis Brisbane Apartment Insight found inner Brisbane ended the year with a weighted average sale price of $626,853. Photo: supplied The Wellington marketing manager and TOTAL Property Group managing director Adrian Parsons said this clever and contemporary new property development offers a unique opportunity for both owner occupiers and investors. The Wellington is attracting a diverse range of buyers due to its location, value and overall quality, with purchasers coming from the local and wider Brisbane market as well as Sydney, Mr Parsons said. Brisbane s property market is continuing to record healthy growth both in sales volumes and median sale prices, particularly for multi-storey developments, with apartment living becoming increasingly popular, he said th April 2016

45 East Brisbane is a high growth area experiencing increasing and ongoing demand from buyers and tenants due to the limited availability of new apartment developments. The impressive sales results we have seen since launching only confirms the appeal of the location and the luxurious, spacious and competitively priced apartments on offer at The Wellington, he said. Photo: supplied The Wellington offers premium residential apartments with luxurious recreational facilities including a rooftop pool and entertaining area with expansive views of the city skyline plus a second floor relaxation, barbecue and garden area, along with a vibrant boutique dining and retail precinct on the ground floor. The ground floor of The Wellington features a boutique retail area reminiscent of New York s Chelsea Markets, where residents and visitors can enjoy an eclectic mix of quality providores, artisan retailers, restaurants and cafes including a flagship experience from Phillip Di Bella, the founder of Australia s largest specialty brand, Di Bella Coffee th April 2016

46 EPV Developments is a synergy of Denis Mackenzie and Karl Jameson, two highly successful directors. Operating exclusively within Brisbane s inner city market, EPV develops boutique mixed-use apartments and integrated living to exacting standards. Source: th April 2016

47 EPV Developments Launches Woolloongabba Project Property developer EPV Developments has launched a new 10-storey apartment tower in Woolloongabba called The Wellington. The Wellington incorporates 127 one-bedroom and two-bedroom apartments situated on the corner of Wellington Road and Overend Street above a specialty retail and dining precinct. The ground floor of the development will feature a retail area with a mix of quality food retailers, restaurants and cafes including an offering from Phillip Di Bella, the founder of Australia s largest specialty brand, Di Bella Coffee. The first release of apartments starts at $354,000 for one bedroom apartments and $470,000 for two bedroom apartments. The Wellington development site is located in Woolloongabba within metres of The Gabba stadium. Development company EPV Developments is a joint venture of Denis Mackenzie and Karl Jameson. Operating exclusively within the inner-city Brisbane market, EPV develops boutique mixed-use apartments and integrated living. Source: January 2016

48 Hot Spots Investor Inside s Top Suburbs For Rental Yields And Growth The Australian Financial Review October 2015

49 Forget Sydney, Melbourne, Property Investors Head To Brisbane Southern investors are looking north to the Queensland property market as Sydney and Melbourne markets become too expensive to gain a foothold. While the latest BIS Shrapnel report warning Sydney and Melbourne house prices will start to fall in as interest rates start to rise, Brisbane, the Gold and Sunshine Coasts, are emerging as the more attractive destination for investors. Despite a flat jobs market in south-east Queensland as the mining boom comes off the boil, Brisbane's median house price of $475,000 is looking a lot more affordable than Sydney ($785,000) and Melbourne ($527,000). It might be a while off from repeating the hordes of Victorians who fled north during the mid-to-late 1990s, but there is definitely an uptick in interest from investors as Australians focus on the Sydney property "bubble" and when it will burst. Photo Sourced. Gold Coast real estate agent John Newlands said he had been inundated with calls from southern investors in the past few months looking to buy north of the Tweed. "In the old days they used to come up with their suitcases and buy a similar house and have a bag load of money left over," Mr Newland said. 1 July, 2015

50 "There is still a bit of that because Brisbane house prices haven't caught up [to Sydney and Melbourne] but we are starting to see more investors come back from interstate, especially in the unit market. They have been absent for a while because things have been so good in their own state. But there are definitely opportunities up here now." Higher returns Mr Newlands said clients had commented about the expensive price tags in Sydney and Melbourne and they were attracted to the higher returns and the buzz and new infrastructure around the Gold Coast ahead of the 2018 Commonwealth Games. Chinese investors have also been piling into the Gold Coast apartment market as well as funding their own developments, with over $600 million worth of Gold Coast development sites sold to Asian-backed buyers in the past year. The BIS Shrapnel report found Queensland would largely be insulated from the dip in house prices in southern states, with further interest cuts later this year expected to make Brisbane homes even affordable. Brisbane's median house prices were expected to grow by a total 13 per cent over the next three years, while apartments will rise by 6 per cent. CoreLogic RP Data released on Wednesday found Brisbane had the highest investment yields of the major metropolitan markets for both houses and apartments. Sydney's valuations are now 80 per cent above Brisbane, according to Corelogic's head of research Tim Lawless. He said the last time that happened in , Brisbane's prices took off. Growth projections REIQ chief executive Antonia Mercorella said the growth projections for Queensland homes and units was very encouraging. This is despite a sluggish employment market with the state's unemployment rate staying persistently high it was 6.7 per cent in May after the collapse of the international coal price. "Brisbane offers some excellent opportunities for owner-occupiers and investors. This is in stark contrast to other markets, such as Sydney and Melbourne, where rapid price growth is a cause for concern," Ms Mercorella said. 1 July, 2015

51 She said there was also good news for the neighbouring Gold Coast and Sunshine Coast markets with future price growth expected to reach 13 per cent and 12 per cent respectively. The Brisbane apartment market has been hot for some time, with the BIS Shrapnel report saying the Queensland capital will be the only city where apartment prices will be stronger in 2018 than they are today. More than $742.9 million worth of apartments were purchased in Brisbane during the March quarter, according to Place Advisory, which is 200 per cent above the 10-year average for the city. Brisbane real estate agent Rob Holcombe, who runs Bees Nees Reality in South Brisbane, said southern investors were chasing bigger yields and cheaper prices in Brisbane. "They are primarily investors and most are buying with a view to capital gain. They see better prospects for returns up here, not to mention it's more affordable," he said. "They come up here to buy our property, they just can't admit to supporting our football team." Source: July, 2015

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