Stage six of the master-planned Kingsford Terrace Corinda retirement community has been fast-tracked to meet demand for luxury independent-living apartments in Brisbane’s southwest.
The launch of the penultimate Taylor building has already been met with keen interest from retirees seeking spacious, high-end apartments in the hot suburb of Corinda where apartment prices have risen almost 17 per cent in the past 12 months, compared with an average 8 per cent rise for apartments across Brisbane (according to RP Data).
Taylor’s apartments start from $690,000 to a $1.425 million penthouse. Apartments can be reserved on a $5,000 fully-refundable deposit.
Aura Holdings’ director Mark Taylor said since the start of 2021 the Brisbane-based retirement provider has struggled to meet the demand from retirees for apartments at Kingsford Terrace.
Due to this demand, construction on stages four and five was fast-tracked with both due for completion this year. Stage four, the Francis building, has sold out and stage five, Lingrove, has limited apartments available.
The Taylor stage continues the tradition of naming buildings after local notable residents or landmarks. This latest stage honours architect and builder Walter Taylor who left his mark on Brisbane with many landmarks including the Indooroopilly Toll Bridge, opened in 1936, and later renamed the Walter Taylor Bridge, and the pretty Graceville Uniting Church.
The six-level Taylor building will provide 48 luxurious apartments with one, two or three-bedroom options. The spacious floorplans range up to 222sq m with a large main bedroom suite, including ensuite and walk-in robes, chef’s kitchen with butler’s pantry; multi-purpose room or home study, large balconies and private gardens.
Most apartments will overlook the open space of a village green. Construction is due to begin on the Taylor building this year with completion due late 2023.
“The village has developed a reputation in the Corinda area for its friendly and supportive community, amazing facilities and large apartments. Our community of retirees has blossomed and word is truly out about the lifestyle here,’’ Mr Taylor said.
“Today’s retirees won’t compromise on their standard of living when they downsize so at Aura Holdings we are providing a range of apartments in the sizes and quality they have told us they wanted. The apartments in Taylor have really been designed for the ‘wow factor’.’’
“Downsizing today is more about leaving behind all the maintenance of a family home, yard and pool, not about living somewhere without the space for all the things our residents love. They also want a sense of security surrounded by friendly, like-minded neighbours sharing a high standard of communal facilities and activities.’’
The pet-friendly village offers residents facilities including a heated indoor pool, café, gym, hairdresser, beautician, a stunning climate-controlled cellar to store and enjoy wine, a billiards room, library, dining and functions room and consulting areas for allied health professionals.
The Taylor building is the community’s penultimate stage, with planning underway for the final Radcliffe building fronting Cliveden Avenue.
Aura Holdings is currently involved in six projects in various stages of development in southeast Queensland, providing high-quality retirement living apartments.