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Luxury apartments on water still hot property

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The apartment at 631/1 Newstead Terrace, Newstead. TWO high-end apartments in a luxury riverfront development in Newstead have sold for seven-figure sums. Growing strength in the downsizers market saw 631/1 Newstead Tce sell for $2.9 million. The three-bedroom, three-bathroom, double garage apartment was sold by Brett Greensill of LJ Hooker New Farm. It features open- plan living areas , with a family-sized kitchen that spills out on to a big, entertainment balcony to take advantage of the stunning views. Another unit in Pier Waterfront, 522/1 Newstead Tce, sold for $2.25 million to a local owner-occupier. The three-bedroom, two- bathroom unit spans 207sq  m. The master bedroom comes with an ensuite and its own balcony. The Pier Waterfront development includes exclusive use of pools, gyms, and a concierge service. The sales come amid strong demand for riverfront property, despite Brisbane experiencing an oversupply of inner-city units. Newstead has a median unit price of $595,000...

River Terrace Apartments

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Quizzes Lists Topics Save The River Terrace Apartments is an apartment building located at 7700 East Jefferson Avenue in Detroit, Michigan. It was listed on the National Register of Historic Places in 2009. [1] River Terrace Apartments was one of the first two garden apartment complexes built in Michigan which used loan guarantees from the Federal Housing Administration , the other being Hillcrest Village in East Lansing. [2] History By the late 19th century , the corridor along East Jefferson Avenue had become a prestigious residential neighborhood . As the automobile age dawned in the twentieth century and Detroit's population boomed, large upscale apartment buildings were constructed along the Avenue. However, this boom in apartment construction collapsed at the start of the Great Depression. However, in 1939, Wesson Seyburn, along with Leonard P. Reaume, of the property management firm of Holden & Reaume, applied for a building permit to construct this apart...