Project Review by Property Mash: June 11, 2016
Artist's Impression
This is independent editorial content written by a PropertyMash Journalist. While we try to ensure all information is as accurate as possible, please double check with the developer or real estate agent directly before making a purchasing decision. The information contained within this article may be incorrect or out of date.
  • 49 Apartments, 29 x 2 Bed, 2 Bath 1 Car (all sold), 12 x 3 Bed, 3 Bath, 2 Car
    and 6 x Penthouse 3 Bed, 2 Bath, 2 Car + Private rooftop balcony
  • At 8 levels will be the tallest building in Wynnum (4178), a Brisbane bay side suburb
  • Bay views from higher levels
  • Opposite Coles and new Woolworths and 300m walk to train
IMG_3735df
Location of Alto Project

Kick off your shoes and kick back on your rooftop terrace to ocean views. Doesn’t seem a likely scenario for a Brisbane property? Sea breezes, a more laid back approach to life, an esplanade of activities, all within 15km from Brisbane’s CBD, ultimately that is what living is Wynnum promises.

Alto Wynnum is an 8 level building that will be the highest in Wynnum, and it will offer bay views from the higher levels which is definitely part of its appeal.

Alto is also very well located for access to major shopping facilities, such as Coles and Woolworths and for public transport, namely the Wynnum Central Station. 

If you (or your tenant) are working in the Brisbane CBD or the Port of Brisbane precinct, choosing to live in Wynnum is ultimately all about choosing a balance of a more laid back lifestyle over inner or near city living. Construction is commencing in mid 2016 and the development should be complete by early 2017.

The Project

Alto Wynnum will consist of a commercial floor, 29 two bedroom and 18 three bedroom apartments, across eight levels.

The ground floor will have residential car parking, bike storage, shops, and a lobby with a secure lift. Above that, a commercial level will house business offices and five two-bedroom apartments.

Another 24 two-bedroom apartments will be on floors two, three and four and 12 three-bedroom apartments will be located on levels five and six. The seventh level will have six three-bedroom penthouses all leading up to their own exclusive area of the rooftop terrace. With panoramic views, the rooftop will also have a common sky lounge with a sauna and spa for all residents to enjoy.

IMG_3747
Looking down Florence Street from the Alto project location.

The 21 apartments on levels one, two and three have completely sold.

On level four there are seven two-bedroom apartments available, all with an allocated car space. The average price of these is $517,000.

Level five still has six three-bedroom, two-bathroom apartments on offer. All with two allocated car spaces, these range from $695,000 to $875,000. This floor offers the cheapest three-bedroom apartment in the building.

Level six also has six three-bedroom, two-bathroom apartments still available. These also have two car spaces. The prices range from $745,000 to $925,000.

The six penthouses on level seven are selling for an average of $1,022,500. They have three bedrooms, two bathrooms and two allocated car spaces. The penthouse apartments also have access to their own podium on level 8

The lower levels, which are more likely to attract investors, are expected to return 4.5% – 4.8% per year. They won’t have the finer finishes or sweeping views of the higher level apartments.

Location

The bayside suburb of Wynnum is just 15km from the Brisbane’s CBD, and 18km from Brisbane Airport across the Gateway Bridge.

Wynnum is a popular place to settle down with a family. It has a population of just over 12,000, with an average age of 40, according to the 2011 Australian census.

Alto Wynnum is in a very central location in Wynnum at 100 Florence Street. It sits opposite the old Wynnum Central School, which has been redeveloped in part. 120 year old school buildings have been replaced with a new mixed-use commercial project with a Woolworths and the new Wynnum community library.

IMG_3739
Former Wynnum Central School opposite Alto. Now the Wynnun Community Centre.
Construction nearing completion for the new library.
Construction nearing completion for the new library.

Wynnum’s waterfront offers plenty of space to walk, run and ride. The area is home to one of Brisbane’s oldest water parks. Built during the 1930s, Wynnum Water Park was part of the Unemployment Relief System. Take your children down, or unleash your inner-child, and splash around among the water spouts of replica whales. Next to the water park is the Wynnum Wading Pool, a seawater pool, perfect during the warmer months. Complete with slides, it sits right on the bay so you can let the kids cool down in the water without the worry of dangerous tides and currents. The whole area has a nautical theme and kids can also enjoy riding their scooters or bikes along the connecting bike ways and pathways. There are a number of playgrounds and climbing nets along the waterfront with toilets, barbecues and picnic tables. The whole waterfront promenade is also very popular with runners and walkers.

Elanora Park, on Granada Street, is an off-leash dog park where you can find agility props for dogs to train on. The park also has an all-purpose sports field. Elanora Park is also the starting point for the 1.5km Wynnum Mangrove Boardwalk.

Manly is Wynnum’s sister suburb and together they offer many restaurants, cafes and lovely bayside experiences with a similar atmosphere to that of a coastal town. Manly hosts a farmer’s market every first and third Saturday of the month that provides locals with fresh produce, food and coffee. Another great outing is the monthly, free outdoor cinemas in Manly. Checkout the Must Do Brisbane website for this month’s movie.

Wynnum is bordered on the east by the bay and to the north by the Brisbane River, so it it is a natural pocket of sorts. The major road arterials can often be slow and congested, although the upgrade to Wynnum Rd will help. The daily commute from Wynnum can easilt take 45 minutes to 1 hour.

Train is very convenient to Alto Wynnum as it is only 300m walk. A train to the CBD will take 45 minutes and you will probably need to change at Buranda Train Station. Bus will take over an hour.

Quality & Finishes

Finishes vary between the apartments on levels one to four, and those on levels five to seven. The latter are more owner-occupier focused, having superior finishes. These include the quality of tiling and some fittings, with the level seven penthouses having better fittings again.

Alto Artists Impression Lounge and kitchen
Alto Artists Impression Lounge and kitchen

Apartments will all have a Bosch and Delonghi appliance package including the oven, cooktop, rangehood and dishwasher. The kitchen benchtops in apartments up to level four will be reconstituted stone. Apartments higher than level four will have reconstituted stone benchtops with a waterfall edge.  

Three bedroom apartments will have a bath in their main bathroom and the penthouses will also have frameless, no-door shower screens.

Alto Artists Impression Bathroom
Alto Artists Impression Bathroom

Access to the building and each level will be by swipe card and each apartment will have an audio intercom.

Transport/Schools/Amenities

The closest train station to Alto is Wynnum Central Station, 300m’s away. As detailed above a train to the CBD will take around 45 minutes in peak time.. The 240 express bus into the city stops at Florence Street (stop 97), just across the road and will take about an hour to reach the City.

Alto is surrounded by schools including Guardian Angels’ Catholic Primary School which is only a five-minute walk. Brisbane Bayside State College, Wynnum State High School, Wynnum State School and Wondall Heights State School are all about five-minute drives from home. There are plenty more options around the area to choose from.

The nearest hospital is Wynnum Hospital, 3km away. There are also many medical centres and pharmacies around Wynnum, including a health centre on Florence Street itself.

The easiest public transport to The University of Queensland involves taking a train and a bus. From Wynnum Central station take the train to Central and walk to King George Square. From there, catch bus 412 to the St Lucia campus. The trip will take an hour and 18 minutes by public transport, as opposed to about half an hour drive (outside of peak traffic). To travel to the Queensland University of Technology (QUT), catch the train from Wynnum Central to Southbank Station and then walk over the Goodwill Bridge. This will take about an hour.

Developer

The developer is TRK Property Group. Established in 2009 and with a solid portfolio of residential developments under its belt.

The builder is unknown at this time.

Display Suite

There is no display suite for Alto Wynnum.

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