Eagle Farm masterplan development reveals two new luxury buildings

The next stage of a master planned community within a $1.2 billion development at Eagle Farm racecourse has been revealed. SEE THE PLANS

Mirvac has lodged a development application for a new luxury apartment building, with a private rooftop sanctuary, at its Ascot Green community on Eagle Farm Racecourse in Brisbane.

The next stage of a $1.2 billion development in Brisbane’s eastern suburbs has been revealed with plans submitted for 256 new luxury units.

Mirvac has lodged a development application for two new subtropical-inspired apartment buildings at its Ascot Green community at Eagle Farm Racecourse.

The proposal lodged with the Brisbane City Council on July 21 shows two buildings of 14 and 15-storey towers, topped with a private rooftop sanctuary featuring panoramic city and track views.

The application comes just days after Mirvac announced the off-the-plan sellout of its second stage at Ascot Green, Tulloch House.

The publicly-listed group is moving to bring the proposed new release to market as soon as possible, in response to unprecedented demand for residences across southeast Queensland.

According to the planning documents, the applicant is proposing to establish two interconnected apartment buildings with work to be carried out in two stages.

The first stage will facilitate the delivery 115 units, while the second stage would deliver 141 units.

Both buildings are set to provide a combined total of 475 car parks across two basement levels and the ground floor level.

It is anticipated the new release, the third at Ascot Green, would go to market in late 2021 or early 2022, pending approval from Brisbane City Council.

Mirvac has lodged a development application for a new luxury apartment building in Brisbane.

Mirvac head of residential Stuart Penklis said the developer was already taking registrations of interest including from purchasers who missed out on securing their place in Tulloch House.

“The demand for apartments in Brisbane is extremely high, particularly at the top end,” said Mr Penklis.

“We’re seeing this being driven by a number of factors, including local owner-occupiers capitalising on the strong growth of their family home to secure a generous apartment, upgraders expanding their living space and location, and continued high interstate migration.”

Mr Penklis said the planned building would be located alongside Tulloch House as the third in the overall Ascot Green masterplan.

Ascot Green is the first racecourse-fronting apartment project to be delivered in Australia.

Mirvac has lodged a development application for two new subtropical-inspired apartment buildings at its Ascot Green community.

It forms part of Brisbane Racing Club’s $1.2 billion master planned redevelopment, to include luxury apartments, retirement living and aged care, commercial offices, a mix of retail, dining, medical services along with childcare and a swim school.

Mirvac design director Nicolas Thioulouse said the architecture of the planned building was guided by the ‘Buildings that Breathe’ vision and design elements friendly to south east Queensland's climate.

“We have focused on aligning the proposed building with Brisbane’s beautiful subtropical climate and its truly unique location, surrounded by 50 hectares of green space,” he said.

“In keeping with the peaceful and natural surrounds, residents will enjoy the authentically Queenslander experiences of shade and shelter, and screening and greenery, with the ability to open and close elements as they wish to maximise natural light and ventilation.”

The Brisbane Turf Club were contacted for comment.