Your Train's Arriving
FKP is making way for construction to begin on its $210 million mixed-use development The Milton by relocating The Milton Sales Centre to a nearby site in coming weeks, marking a major milestone for the project.
The relocated sales centre is scheduled to open later this month, replacing the temporary sales office which has been open on site in the Christmas and New Year period.
One and two-bedroom apartments are now selling off-the-plan, priced from $495,000 on level 27, with completion expected in 2015.
FKP executive general manager Gary Kordic said FKP was gearing up for construction to start.
He expected inquiries to ramp up during summer, in anticipation of the tower coming out of the ground. "The Milton is a mixed-use development that has been designed to appeal to owner-occupiers and investors," he said.
"Sales have been consistently strong since The Milton was launched to the market and we expect the momentum to continue as we prepare for demolition to commence in the coming weeks."
Mr Kordic said the new sales centre and the display apartment would be fully operational in early 2013, providing prospective buyers with in-depth information on the amenities and lifestyle on offer in the project.
"The project is entering an exciting new phase, which is a fantastic milestone, not just for FKP but for Brisbane, as the first integrated Transit Oriented Development (TOD) under the South East Queensland Regional Plan to come to fruition," he said.
Marketing agent Bryce O’Connor, of 360 Project Marketing, said he expected increased demand now that the new year had started.
"More than $100 million of apartments have now sold off-the-plan in the project, with 170 one and two bedroom apartments sold to buyers looking to take advantage of the highly sought-after inner-city location and the cutting-edge TOD design," he said.
"With the Milton railway station at the doorstep, residents can leave home and be at the office in the CBD literally within minutes and on the weekends.
They can easily visit some of Brisbane’s most popular destinations like South Bank, Fortitude Valley or Queen St."