Ancassa – Two And Three Bedroom Apartments 30m From Park and Train Station in Cannon Hill

By: Property Mash: September 22, 2016, Updated: August 6, 2018

  • 30m away from Cannon Hill Train Station and Bill Cash Memorial Park
  • 60 apartments over five levels
  • 49 x two (2) bedroom, two (2) bathroom apartments; 11 x three (3) bedroom, two (2) bathroom apartments
  • Two bedroom apartments are priced from $435,000 to $475,000, whilst three  bedroom apartments are priced from $537,500 to $555,000
  • Located at 22 Andrews Street, Cannon Hill
  • Under construction – due to be completed March 2017
  • Very affordable three bedroom apartments
Ancassa Construction Update December 2016
Ancassa Construction Update December 2016
Ancassa Construction Update December 2016
Ancassa Construction Update August 2016
Ancassa Construction Update August 2016
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Ancassa is a new apartment project in Cannon Hill with a total of 60 apartments. All of the apartments in this project are two (2) and three (3) bedroom configurations.

This project really benefits from its location, which is just by a park and the Cannon Hill Train Station. There is also a small group of corner shops just a 3 minute walk from Ancassa and the new East Village Precinct is a 10 minute walk.

Another drawcard of Ancassa is how affordable the apartments are, especially three bedroom configurations for under $560,000. There are not too many brand new three bedroom apartments on the market in Brisbane for this price.

The Project:

With 60 apartments over 5 levels, Ancassa would be classified as a mid-rise building. There are two levels of secure basement car parking. Two bedroom apartments come with one car park, whilst three bedroom apartments come with two. Having dedicated car parking would be important if you lived in this building because street parking is restricted due to the number of people that drive to Cannon Hill Train Station each day.

There are 49 x two bedroom, two bathroom apartments which are between 72m² and 82m² internally. These are priced from $435,000 to $475,000. Balconies on these apartments range from 13m² to 24m².

In terms of design, the two bedroom apartments at Ancassa seem to be quite liveable, which is great for investors and owner-occupiers alike. Each two bedroom configuration has a powder room and an ensuite and walk in robe in the master bedroom. The largest floor plan, ‘Space 02’ has natural light in both bedrooms and they each get an ensuite. There is a powder room just behind the kitchen. This is a great floor plan. Even the smallest floorplan, ‘Space 01’ looks like a very liveable apartment, with its hidden laundry and bedrooms that are separated by a bathroom. Unfortunately the second bedroom does not get natural light in this configuration, but naturally this will be the case in many apartments. All of the two (2) bedroom kitchens are in a ‘U’ shape which will be great for those that love entertaining from the kitchen and in our opinion it makes the space much more usable.

The 11 x three bedroom apartments are 93m² to 111m² internally, with balconies ranging from 13m² to 43m². The largest balconies are on the ground floor of the building. The three bedroom apartments have the bedrooms grouped together which is a good design feature for owner occupier focused living. Having a separation of living from bedrooms is always a nice thing to have for families, particularly for those with children. The floorplan ‘Space 05’ is one that particularly caught our eye, offering three bedrooms with access to natural light and a large deck space as well as a spacious and usable kitchen design. These apartments are located on the ground floor and are accessible from the street offering a lifestyle more akin to a townhouse or terrace living perhaps.

The outlook from these apartments is suburban. On the Andrews Street side, apartments on higher levels may get city glimpses, but mostly they will be looking out over suburbs. All other sides of the building will be looking into apartment buildings, some of which are currently under construction.

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Location:

This project is located at 22 Andrews Street in Cannon Hill.

Andrews Street is a short, dead-end road that has a park at one end and the Cannon Hill Train Station at the other.

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Bill Cash Memorial Park is located at one end of Andrews Street.

Bill Cash Memorial Park is just 100m down Andrews Road.  This is a great park that has open space and sporting facilities.

Cannon Hill Train Station is approximately 30m from Ancassa, which would likely benefit those who work in the CBD or anywhere along the Cleveland or Shorncliffe lines which run through the station every few minutes. A trip from Cannon Hill Station to Central Station in the city takes just 15 minutes.

The Cannon Hill Station Park-n-Ride.

The Cannon Hill Station Park-n-Ride.

The train station has a park-n-ride facility, meaning that many people drive into Andrews Street each day to use public transport. This will inevitably mean that street parking will be difficult around the building.

There is a bus stop 50m from Ancassa on Barrack Road. A trip into the city on the 232 bus takes around 30 minutes. It is worth mentioning that this route goes along Lytton Road and then Wynnum Road which is notorious for its peak hour gridlock, but which is also under going an upgrade that should help commute time in the future. You can read about that upgrade here.

Residents of Ancassa can walk 3 minutes down Barrack Road and arrive at the local corner shops. There are some great shops here including Wray Organic, Espresso Stop, Pizza Capers and the Cannon Hill Medical Centre. The nearest Woolworths is in Morningside. It is a 3 minute drive from Ancassa.

Wray Organic and other corner shops are a short walk from Ancassa, new apartments for sale in cannon hill.

Wray Organic and other corner shops are a short walk from Ancassa.

East Village is a new mixed use development that is underway just 10 minutes walk from this development. Upon completion, East Village will be home to with supermarket, boutique retail, restaurants and bars.

Cannon Hill State School and St. Oliver Plunckett Primary Schools are both within 10 minutes walk of Ancassa. Cannon Hill Anglican College and Anglican Church Grammar School are two nearby high schools.

Cannon Hill is a suburb in Brisbane’s east. It is bordered by Seven Hills, Carina, Murrarie, Tingalpa and Carindale. The population of Cannon Hill was 4,510 at the last Census, a figure that increased 10% over the five years between Census dates. The median apartment price has contracted by 0.9% over the past 12 months and currently sits at $450,000. The median weekly rental value is $450 in Cannon Hill.

Quality and Finishes:

Azure, the property developers for Ancassa, do a good job of providing quality fitouts that look attractive at a low price.

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The entry, living and dining area have a timber-look vinyl flooring that should be durable and functional. The kitchen features integrated appliances and the cabinetry is a pleasant combination of grey timber-look laminate and white gloss laminate. As with many new projects on the market, there is pendant lighting above the kitchen bench which looks great and provides good light whilst preparing food.

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The bedrooms are carpeted and have built-in robes. These robes just have a single shelf and a hanging rail. This means that residents would need to provide extra storage for their wardrobe.

There is split-system air conditioning in this complex. It is only in the living areas and the first and second bedrooms, so the third bedrooms in three (3) bedroom units will just have a fan.

The bathrooms have Roger Seller wall mounted vanity/cabinet units installed. The walls in the bathroom are painted, not tiled and the towel rail and tapware is all chrome.

Investment Analysis – Rent / Onsite Managers:

Body corporate rates and rental appraisals are available from the sales agent.

Local Competition:

There are several new apartment projects in the area. Next door is a Obelix Living which is a step down in both price and quality to Ancassa. It also does not have a three bedroom offering. Nearby, the new East Village Precinct is a high-density mixed use project that has similar apartments for sale.

Developer & Builder Overview:

Ancassa is developed by Azure, a privately owned development company with an office in Brisbane and Bangkok.  They have completed many projects across Brisbane in suburbs such as Toowong, Chelmer, Kenmore, Sunnybank and South Brisbane.  These range from housing subdivisions to apartment blocks.

The project is being constructed by RawCorp who are experienced Brisbane builders who have been operating since 2005.

Sales Display & Contacts:

There is no sales display for these units.

Interested in this project?

We would love to hear your thoughts on this project.

Have you visited this project recently, or perhaps you live nearby or bought in a neighbouring building? Tell us what you love about this project, or perhaps what you don't.

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