REAL estate company Coronis has opened a new office at Portside Wharf in a bid to capture a slice of the growing property market in Hamilton.
The new location takes its network to 21 offices across south-east Queensland, with plans to more than double this number by 2019.
Coronis managing director Andrew Coronis says the company selected the location to take advantage of the high traffic and growth opportunities in the area.
He says more than 250 Hamilton properties exchanged hands at an average price of $985,000 and the suburb recorded a 12.3 per cent increase in capital growth.
"Portside Wharf has many similarities to Melbourne's Docklands and the potential it has to service some of Brisbane's most dynamic suburbs, including Ascot, Hendra, Hamilton and Clayfield, is unrivalled," Coronis says.
"The next logical step for the business was to service this market and we're looking forward to the Coronis Hamilton team tapping into both the apartment and luxury home markets.
"We believe our location within the prominent Portside Wharf precinct and our business model of offering an end-to-end service including buying, selling, property management, conveyancing, financial planning and estate planning, will ensure we achieve this goal."
CBRE director and leasing agent Damian Crocetti, who negotiated the five-year lease, says the emergence of integrated retail and residential developments gives retailers options outside the CBD.
"With the CBD demanding top dollar for spaces, retailers are turning to fringe developments that offer a great mix of clientele with a lower rental rate," Crocetti says.
"Businesses looking for such a space are advised to get in early before competition pushes prices up."
Coronis has a team of more than 350 agents, property managers, mortgage brokers and support staff across the state.
There are more than 530 completed residential apartments within Portside Wharf, with thousands more in the area.
Image: Coronis Hamilton agency leader Patrick McKinnon and managing director Andrew Coronis.
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