Bankable outlook

When considering a lifestyle apartment as an investment, you will likely want to tick the same boxes that you would if you were downsizing from a family home. Bankable features might include a location that is quite simply a pleasure to be in and a refined, resort-like aesthetic.

With an ideal geographical situation, Cleveland township narrowly escaped becoming the major city on the Gold Coast. Instead, Brisbane took that honour, allowing Cleveland to develop gracefully into a safe, secure seaside community.

Experienced developer Middle Street Properties recognised the appeal of this peaceful environment just 40 minutes from Brisbane. It asked award-winning Think Tank Architects to create a number of lifestyle apartment addresses in this under-realised setting. Show units for the first Northerly are open to view now, says Middle Street director Steven Duchen.

"Northerly is in a prime position, overlooking Raby Bay and boasting outstanding ocean views from its upper levels," says Duchen. Northerly more than responds to this prime location an area so green and pristine that nearly 9% of the area is taken up by parklands.

"We wanted to create an appeal that would never fall from grace combining traditional elements with a strong individual identity. The grand entry sets the tone at the street front, with a drive-through porte-cochere set-down area that is both welcoming and highly convenient. External sandstone cladding, classical proportions, and detailed columns and fountains all contribute to the upmarket ambience," says Duchen.

Northerly offers myriad spa-like attractions, with an indoor heated pool, as well as a heated spa and pool outside. There is a gymnasium and sauna, meeting and function rooms, a day spa and cafe.

Besides the spacious balcony on each unit, there are many vantages from which to take in the ocean views or to enjoy the gardens plantings include trees that have been there for decades.

"The 87 well-appointed 200m² apartments and five 515m² penthouses are a match for this setting and an attractive proposition for buyers considering waving away the upkeep of a family home without a reduction in space or style," says Duchen.

For details and show unit opening times, contact Middle Street Properties, phone (02) 9233 2063.

Story by: Trendsideas