SOKO FAST-TRACKED AFTER SALES TIP $54M

SOKO FAST-TRACKED AFTER SALES TIP $54M

SPYRE Group has fast-tracked construction on its SOKO Waterfront development at West End, after apartment sales tipped $54 million.

Builder Civic will commence work on the seven-storey property onsite in coming weeks, with the project expected to be completed in 13 months.

Spyre Group general manager Andrew Malouf says the development's location and market-leading technology resonated with investors.

"SOKO is set apart by its absolute waterfront location, modern finishes and the latest smart building technology," Malouf says.

"Buyers have been extremely inquisitive about the pioneering virtual concierge system that is being developed at SOKO."

The Brisbane-first virtual concierge system allows residents to log maintenance requests, monitor utility usage, book transport to the airport and access exclusive deals in the area.

The development also offers the latest technology in integrated security and home solutions, complete with number plate recognition for residents and visitors.

"Every apartment will be able to take advantage of these innovations which has yielded strong sales across investor and owner occupier stock," Malouf says.

Spyre Group is also in talks with a manufacturer in Italy to develop the virtual concierge for another development in New Farm.

Designed by Vabasis Architects, SOKO Waterfront features 120 one, two and three-bedroom apartments starting from $409,000.

 

Get our daily business news

Sign up to our free email news updates.

Please tick to verify that you are not a robot

 
ERP: Your ticket to better business visibility, control and efficiency
Partner Content
When it’s time to evolve and mature as a business, the process of choosing the ri...
Fusion5
Advertisement

Related Stories

Homes by CMA founder Chris Baptista builds legacy as Brisbane Young Entrepreneur of the Year

Homes by CMA founder Chris Baptista builds legacy as Brisbane Young Entrepreneur of the Year

As numerous major construction companies buckle under the weig...

Sydney proptech Archistar gets picked up for pilot program in Texas

Sydney proptech Archistar gets picked up for pilot program in Texas

A Sydney-based technology platform that uses artificial intelligenc...

Costa board accepts $1.4b takeover offer from Paine Schwartz, Driscoll’s and BCI

Costa board accepts $1.4b takeover offer from Paine Schwartz, Driscoll’s and BCI

One of Australia’s largest fruit and vegetable producers, Cos...

Young Entrepreneur Awards to celebrate Brisbane's rising stars tonight

Young Entrepreneur Awards to celebrate Brisbane's rising stars tonight

There is a tangible buzz in the Queensland capital at the moment an...