Pete Wargent blogspot

CEO AllenWargent Property Buyers, & WargentAdvisory (institutional). 6 x finance author.

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Thursday, 20 August 2015

Skytower

Been living here this year, the tallest building on the Brisbane skyline at 74 floors.


It's pretty good at the Meriton, if somewhat dear obviously.

This won't be the tallest building in the city of Brisbane for long, though.

The new Skytower at 222 Margaret will go taller again at 274 metres and comprising some 1,119 apartments. 

Mostly one- and two bedroom affairs, apartment prices commenced at around $425,000.

About 20 per cent of the apartments sold have gone to offshore buyers. 

The Skytower will only be the tallest building for a short period of time itself, until a new development at 300 George also goes all the way up to 274 metres, which is the limit for the Brisbane CBD due to aviation restrictions. 

Property developer Billbergia and AMP Capital are behind the Skytower project, with Hutchison acting as the builders.