Silk One: The best seats in Brisbane

By: Inais Black: September 5, 2018, Updated: September 6, 2018

Silk One is a truly unique offering (a term we do not use lightly) in the Australian apartment market because it gives residents something you can’t get anywhere else in the country: box seat views of The Gabba, without being inside the iconic stadium. The first of three towers, Silk One is arriving in Woolloongabba at a time which will allow residents to take advantage of the many urban infrastructure upgrades the area is experiencing. The second tower, Silk Two, is due to start selling soon and Silk Three is still gaining DA approval.

  • 178 apartments over 22 levels with prices starting from $378,000.
  • Located on Trafalgar Street, in the heart of all the action.
  • One-of-a-kind property in a fast-growing suburb close to the city.

The Project

Silk One is a new apartment development overlooking the iconic Gabba stadium in Woolloongabba, providing residents with a birds-eye view of the stadium field — the best seats out of the house, so to speak! Inspired by the apartment buildings surrounding Wrigley Field — the home of baseball team Chicago Clubs — Silk One is one-of-a-kind in Brisbane and even Australia.

Given that Woolloongabba is set to experience a lot of growth and transformation over the coming years (with the Cross River Rail, the CBD Bikeway, and the recently-announced Gabba stadium upgrade), buying now may perhaps be the ideal plan of action if moving into the area is your goal. The urban renewal of the area is definitely something that should interest investors.

Silk One Living Room (render provided by CBRE)
Silk One Living Room (render provided by CBRE)
Silk One Exterior (render provided by CBRE)
Silk One Pool (render provided by CBRE)
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Silk One offers a mix of one, two and three-bedroom apartments, with a number of floor plans. There are 178 apartments over 22 levels. There will be 58 one-bedroom apartments which are selling from $378,000, 45 two-bedroom and one bathroom apartments selling from $480,000, 73 two-bedroom and two bathroom apartments that are priced from $540,000, and two three-bedroom, two bathroom apartments that start at $1,287,500. All are open plan, and there are more than a few floor plans to choose from.

We love…

  • Box seat-views of the Gabba.
  • Proximity is a major drawing card — being located just off Stanley Street means accessing most major hotspots in Brisbane, public transport, and events are easy.
  • There are a large number of floor plans, meaning there is a configuration for everybody.

But remember that…

  • Woolloongabba is set to experience a lot of upgrades and additions over the next decade, so expect some construction.
  • Stanley Street can be very busy during certain times of day, and especially when there is an even on at the Gabba.

The Location

Located at 825 Stanely Street, Silk One is in the heart of Woolloongabba. Obviously, the stand-out feature of Silk One is its proximity to The Gabba. Sitting just across the road from the stadium, Silk One will have all the benefits of being in such a central area — but also, some of the drawbacks including crowds on event days and limited parking.

Stanley Street is one of the busiest streets in Brisbane, especially during peak hour. However, it’s not notoriously bad (in fact, it wouldn’t even rank in anybody’s top 20 ‘Worst Streets in Brisbane During Peak Hour’ list), so it’s just something to be aware of. One of the major benefits of living off of a road like Stanley street is the ability to get anywhere pretty quickly. The M3/Pacific Motorway is only five minutes away, and there are a multitude of shops, restaurants and parks within a ten-minute drive.

Silk One is also located extremely close to a number of public transport options. There are three bus stops within a two-minute walk, and another nine if you’re willing to walk equal to or less than seven minutes. It’s also 350 metres from the Cross River Rail underground station in Woolloongabba (which is now under construction, with completion expected in 2024). The future CBD bikeway is 300 metres away as well. Expect the area to become more well connected over the coming years — quite a lot of money has been proposed for the redevelopment of the area.

There are a number of schools located close to Silk One, making the development ideal for those who have, or plan to have, a family. For primary school-aged children, there is East Brisbane State School (200 metres away), St Joseph’s Primary School, and St Ita’s Primary School. Children moving into secondary school can choose between Coorparoo Secondary College (which includes the Coorparoo Centre for Continuing Education), St Laurence’s College, and Villanova College, all of which are within a ten-minute drive. If you’d prefer to keep your child in the same school from Prep to Year 12, Sommerville House and Anglican Church Grammar School (known more commonly as Churchie) are less than two kilometres away.

Communal Facilities

Perhaps the most stand-out feature of Silk One is ‘The SkyStand’. Located on the roof of the building, the ‘The SkyStand’ allows residents to look directly into The Gabba — so you can watch every AFL game, test cricket match, and concert, live! The area also includes dining and BBQ areas, a big screen television (so you can watch that game in high definition and from up high).

Silk One Residents Facilities (render provided by CBRE)
Silk One, Woolloongabba
Silk One Rooftop Plan With Labels (render provided by CBRE)
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Silk One also includes a gym, which looks into the resort-style pool and spa. The area has CBD views, so you can admire the cityscape while working out or getting that tan for summer.

Apartment Details

Another excellent aspect of the apartments that is worth noting is that above (and including) level eight, every north-facing apartment has had specific alterations to maximise its city views.

Silk One Living Room (render provided by CBRE)

Silk One Living Room (render provided by CBRE)

Buyers of Silk One apartments can choose between one of two colour schemes. The first is a dark colour scheme, based on the New York warehouse loft aesthetic. It includes dark stone bench tops, darker cabinetry and timber-look floors. The second colour scheme is much brighter. It is more reminiscent of the Hamptons, as it is dominated by ivories, greys and neutral colours, which work really well with the paler timber-look flooring.

Silk One Dark Colour Scheme Kitchen
Silk One Light Colour Scheme Kitchen
Silk One Dark Colour Scheme Bathroom
Silk One Dark Colour Scheme Bathroom
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The bathrooms continue both the colour scheme chosen and the level of finishes. This means that small details, like timber-look shelving, and brass/stainless steel accents are carried through from the main areas of the apartments. All appliances are ILVE.

Floor Plans

As you can see from the galley below, there are a number of floor plan options available. There are some features that are similar across all the floor plans, however. For example, all of the apartments have well-thought-out bathrooms, designed for functionality first and foremost. All of the apartments are also designed to take advantage of every bit of space, which is definitely a plus.

Silk One Floor Plans Type A (supplied by developer)
Silk One Floor Plans Type A1 (supplied by developer)
Silk One Floor Plans Type B (supplied by developer)
Silk One Floor Plans Type B1 (supplied by developer)
Silk One Floor Plans Type B2 (supplied by developer)
Silk One Floor Plans Type C (supplied by developer)
Silk One Floor Plans Type C1 (supplied by developer)
Silk One Floor Plans Type C2 (supplied by developer)
Silk One Floor Plans Type D (supplied by developer)
Silk One Floor Plans Type D2 (supplied by developer)
Silk One Floor Plans Type E (supplied by developer)
Silk One Floor Plans Type E1 (supplied by developer)
Silk One Floor Plans Type F (supplied by developer)
Silk One Floor Plans Type F1 (supplied by developer)
Silk One Floor Plans Type G (supplied by developer)
Silk One Floor Plans Type G1 (supplied by developer)
Silk One Floor Plans Type H (supplied by developer)
Silk One Floor Plans Type H1 (supplied by developer)
Silk One Floor Plans Type H1 Variation (supplied by developer)
Silk One Floor Plans Type H2 (supplied by developer)
Silk One Floor Plans Type J (supplied by developer)
Silk One Floor Plans Type J1 (supplied by developer)
Silk One Floor Plans Type J2 (supplied by developer)
Silk One Floor Plans Type K (supplied by developer)
Silk One Floor Plans Type K1 (supplied by developer)
Silk One Floor Plans Type K2 (supplied by developer)
Silk One Floor Plans Type L (supplied by developer)
Silk One Floor Plans Type M (supplied by developer)
Silk One Floor Plans Type M1 (supplied by developer)
Silk One Floor Plans Type N (supplied by developer)
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The one-bedroom apartments (floor plans E, E1, G, G1, L, L1, M, M1) are all very well laid out. They have separate laundry cupboards, which is a major plus in apartments, especially one-bedroom apartments. All of the apartments have a larger balcony, which ranges from 9 – 25 sqm (depending on whether the apartment has a landscaped/planting area).

A major highlight in the two-bedroom apartments, regardless of how many bathrooms they have, is the inclusion of extra cupboards (labelled ‘L’ for linen cupboard on the floor plans above). Having extra storage space is never a bad thing. Another aspect of the floor plans worth noting is that some of the two-bedroom apartments also include a little study nook, which is generally connected to one of the bedrooms. It’s also worth noting that in the two-bedroom, one bathroom apartments, there isn’t a ‘master suite’ as such, as none of the bedrooms have an ensuite bathroom or walk-in wardrobe, which has become common in modern off-the-plan apartment design.

The three-bedroom apartments are, of course, the largest apartments in the whole complex. Both designs are slightly different (see floor plans O and N), however, there are some key commonalities between the two of them. The master bedroom is at one end of the apartment, whilst the other two bedrooms are located at the other end. This is ideal if you’ve got children, as it creates a distinct ‘children’s area’, away from where you would be sleeping. Both three-bedroom apartments also have two lounge room areas, one of which could easily be turned into a separate study.

Investment Analysis

Silk One is perhaps the ideal investment property in many ways — it’s close to a major Brisbane attraction, is ideally positioned for foot and car traffic, and it also sits in an area that will experience a major facelift over the coming years.

Most apartments rent for approximately $430 per week in Woolloongabba. Of course, this varies a little, depending on how many bedrooms are in the apartment, and the exact location. Silk One is in a premium location, so a little more money could be expected.

Neighbouring Projects

There are a number of new and recently completed projects close to Silk One. The Duke, while technically classed as part of Kangaroo Point, is also opposite The Gabba. Sapphire Apartments and Princess Regent Apartments are also close by.

Body Corporate

The body corporate fees differ slightly, depending on what type of apartment you choose. One-bedroom apartments have body corporate fees between $62 – 75 per week. Two bedroom, one bathroom apartments pay $67 – 81 per week, whilst two bedroom, two bathroom apartments will pay slightly more at $70 – 81 per week. The three-bedroom apartments will pay approximately $90 per week.

The Developer

Silk One Woolloongabba is a joint venture between Southlake Group and Sarazin, two Sydney-based property developers.

Southlake Group started investing in real estate projects in 2010. They are involved in everything from apartments and residential communities to property investment, leasing and sales. With the help of international investors, Southlake is committed to developing landmark projects in key locations across Australia.

Sarazin is a national property development business with projects in Brisbane, Canberra and Sydney. With projects ranging in size from $10 – 500 million, and over 50 years of combined experience, Sarazin’s principals have developed some of Australia’s highest quality developments. Sarazin prides itself on delivering exceptional results, relying on integrity and trust when partnering with its stakeholders.

Display Suite

The display suite for Silk One is located at 14 Trafalgar Street, Woolloongabba. To make an appointment to view the display suite, use the enquiry form.

Interested in this project?

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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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Kirsten Frager
Guest
Kirsten Frager

What are your thoughts from an investment perspective of Woolloongabba vs Hamilton Reach?

Cameron Black
Admin

Hi Kirsten – good question. Both a pretty hot locations in Brisbane at the moment. Certainly Hamilton Reach is more mature and progressed as a place to live. Woolloongabba is still what we refer to as an emerging inner city suburb. As a master planned project Hamilton Reach certainly has its advantages, and Frasers are doing a great job in delivering a quality neighbourhood there. It is already a beautiful place to live and will only get better. Woolloongabba on the other hand still has a long way to go to finish its growth into a fully fledged inner city… Read more »