The Coterie: New apartments in Fortitude Valley

By: Sarah Tayler: July 12, 2018, Updated: February 7, 2019

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JANUARY 2019 UPDATE: Section 2 (Level 5) is currently being poured and the support structure for Level 6 is currently being assembled to be poured by the end of the month. The first apartments on Level 5 will begin to take place shortly. By April, the display gallery on the lower floor will be closing and the entire 7th floor of the St Paul’s Terrace tower will open showcasing completed full apartments.

The Coterie is a new development at 365 St Pauls Terrace, Fortitude Valley, Brisbane. It is made up of two towers with 249 one (1), two (2) and three (3) bedroom apartments, and two penthouses. When it comes to off-the-plan apartments in Brisbane, we think these might be some of the most luxurious. Check out our 2018 list of Brisbane’s Top 5 Luxury Apartments to read more about The Coterie’s penthouses.

  • Great location in Fortitude Valley, 1.5 kilometres from the CBD, close to transport, employment, restaurants and nightlife.
  • Rooftop retreat with pool, landscaped gardens and outdoor seating areas.
  • One-bedroom apartments from $344,000 – ideal for first-time buyers.
  • October 2018 “Welcome Home” deal for first-home buyers with $15k worth of freebies including 12 months paid body corporate fees, council rates, home insurance, internet, electricity bills, furniture gift card and first-night dinner voucher.
  • $2,500 rebate for buyers who travel from interstate or overseas (to cover travel expenses).
  • Pet-friendly apartments.
  • Triple glazed glass to ensure no noise disturbance.
  • Two elevators per building to avoid queues.
  • Construction is well underway with completion anticipated to be September 2019.

The Project

Construction has now started on The Coterie apartments. Both buildings are being constructed at the same time, which is great for residents as there won’t be any further construction once they move in. Construction is due to finish in September 2019. One-bedroom apartments at The Coterie in Fortitude Valley start at 344,000, two-bedroom from $530,000, and three-bedroom from $1,184,000.

The Coterie apartments will be built on the site of an old bakery, which is heritage listed and will become the main entrance on St Pauls Terrace, as well as housing retail space. On the Alfred Street side of the building, there will be four more retail outlets and entry to the underground parking.

The Coterie Apartments, Fortitude Valley, Brisbane.
The Coterie Apartments, Fortitude Valley, Brisbane.
The Coterie Apartments, Fortitude Valley, Brisbane.
The Coterie Apartments, Fortitude Valley, Brisbane.
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Construction Updates

JANUARY 2019 UPDATE: Section 2 (Level 5) is currently being poured and the support structure for Level 6 is currently being assembled to be poured by the end of the month. The first apartments on Level 5 will begin to take place shortly. By April, the display gallery on the lower floor will be closing and the entire 7th floor of the St Paul’s Terrace tower will open showcasing completed full apartments.

The Location

Only 1.5 kilometres from the CBD, The Coterie is ideal for young professionals who commute to the city for work. The Valley has great transport connections via train and bus. The range of cafes, bars, restaurants, nightlife hotspots, boutique shops, and activities within Fortitude Valley itself are endless.

Schools in Fortitude Valley include Fortitude Valley State School, which is 400 metres from the Coterie apartments. Other nearby schools are St James College, Brisbane Central State School in Spring Hill, Brisbane Girls Grammar and Brisbane Grammar.

Communal Facilities

The Coterie will have a private rooftop retreat on top of each tower with landscaped gardens, seating areas, dining areas, and a pool with a sundeck. There is underground secure parking in the basement and entry is via a lobby in each of the towers with a contemporary design. One slight drawback about the apartments is that not all of them come with a parking space, and street parking in the Valley is limited. The apartments that do have parking are allocated as follows, one space for the one and two-bed apartments, two spaces for the three-bed apartments and three spaces for penthouses.

The Coterie pool and deck
The Coterie pool and deck
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Apartment Details

The apartments have 2.6 metre high ceilings, triple glazed glass throughout to exclude any noise from the street and road below, and uninterrupted views of the city. Each apartment is air conditioned and has full floor-to-ceiling glass windows and doors. The Coterie apartments all have minimalist design features and an open-plan layout. There are several types of apartments to choose from depending on your lifestyle and budget. From first-home buyer friendly one and two bedrooms to dual-key apartments and multi-million dollar penthouses.

Floor Plans

“The Dual-Key Investor Collection” apartments start from just $1,130,000; making a comparable three-bedroom apartment in The Coterie a little more expensive at $1,184,000. Not only are the dual-key apartments actually cheaper, they also come fully furnished and ready to move into, with European Oak furnishings from the same company that supply the uber stylish furniture showrooms of James Street. Located on floors 10 – 18 of the Alfred Street Tower, with two bedrooms and two bathrooms in one side of the apartment and one bedroom, one bathroom in the other. It essentially offers two entirely separate apartments for the price of one — each side with its own entrance, kitchen, lounge area, balcony and laundry. Ideal for buyers or savvy investors who want to rent out a room or have their elderly parents living with them. Read more about the dual-key apartments here.

The two penthouses have 3 bed 2 bath 3 car, and 3 bed 2.5 bath 3 car, and were listed as one of Brisbane’s most luxurious apartments. Inside the penthouses, you will find open-plan living spaces with three-metre-high ceilings, stone and hardwood finishes and plenty of natural light through the floor-to-ceiling glass doors, which seamlessly integrate with the balcony areas which stretch the whole length of the apartment. The spa-inspired bathrooms will have marble and timber finishes with black tapware and a free-standing bath with views of the city in the master ensuite. The penthouses also have a separate study and walk-in robes in the bedrooms.

The Coterie penthouse floor plans
The Coterie penthouse floor plans
The Coterie dual-key apartment floor plan
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Quality and Finishes

The minimalist apartments have been designed to allow the high-end materials and finishes to really shine through. The kitchens will have Miele appliances, marble bench tops and a kitchen island to make entertaining easy, however, they do have mirrored splashbacks which can be hard to keep clean. The flooring will be European Oak, and the kitchen cabinets are full height to allow for plenty of storage.

The bathroom will be tiled and have a sleek design to maximise space. The bedrooms will have plush broadloom carpets, sliding mirrored doors in the cleverly crafted walk through robes, and full-length windows to make the most of the view. Most of the two-bedroom and three-bedroom apartments have ensuite master bathrooms.

Investment Analysis

Nearly 50% of the apartments are already sold and the balance of owner-occupier and investor is about 50/50, so you can expect there to be a mix of owners and renters in the building. There will be an onsite manager and caretaker in the building as well as daily cleaning and maintenance.

Neighbouring Projects

Other projects in Fortitude Valley include Argentum, Utopia, and Belise in Bowen Hills.

Body Corporate

The body corporate fees range from $3,600 annually for the one-bedroom apartment up to $7,200 annually for the penthouse apartment.

The Developer

The project is being developed by VicLand Property Group and marketed and sold by Reubendrake. VicLand’s other current projects include Spencer West in Melbourne; and previous projects include Habitat on Melbourne’s Southbank.

Display Suite

The Display Suite is open Tuesday – Saturday from 10am to 6pm. Located onsite at 365 St Pauls Terrace (closing early April 2019 as the new display apartments will be opening.

Photo of The Coterie display suite taken by PropertyMash.
Photo of The Coterie display suite taken by PropertyMash.
Photo of The Coterie display suite taken by PropertyMash.
Photo of The Coterie display suite taken by PropertyMash.
Photo of The Coterie display suite taken by PropertyMash.
Photo of The Coterie display suite taken by PropertyMash.
Photo of The Coterie display suite taken by PropertyMash.
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