The Hathaway is a boutique complex consisting of just eight apartments, three penthouses and three townhouses. Located in the leafy suburb of Auchenflower, The Hathaway sits just 4 km from the Brisbane CBD nestled amongst parks and heritage-listed homes.

  • The development comprises just 14 residences in total with three penthouses, eight three-bedroom apartments and three townhouses.
  • As of August 2018, there are three three-bedroom apartments remaining for sale priced between $825,000 and $925,00.
  • One three-bedroom penthouse apartment also remains for sale at $1,495,000.
  • There is also one townhome still for available for $1,165,000.
  • Construction completion expected in September, with owner move-in date scheduled for October 2018.

The Project

The Hathaway apartments are geared towards downsizers primarily, with a clear focus on maximising living space and storage, making the transition from a traditional home into apartment living as easy as possible for people downsizing to these new Brisbane apartments.

The Hathaway Townhouse external
The Hathaway Townhouse external

The Hathaway is built around an eye-catching old Queenslander, which was the second home ever built in the suburb of Auchenflower. This home is also currently for sale, with renovations expected to bring it back to its former glory. Across the road from The Hathaway sits the first home that was ever built in Auchenflower, which is also heritage listed.

The eight apartments of The Hathaway are located across the ground and first levels, ranging from 120m² to 162m². These apartments include either a balcony or private courtyard. All apartments have high ceilings and ducted air conditioning, with all eight being cleverly positioned on a corner, meaning extra balcony/courtyard space and lots of natural light.

The three-bedroom penthouses include either city views or views of Mount Coot-tha. The penthouses are located on the second level and start at $1,445,000 and range from 184m² to 209m². As well as being higher up the building, the big difference with the penthouses is obviously the size. The penthouses are quite a bit larger and feature a media room and very large balconies which extend from multiple sides of the home. This is an excellent feature for promoting cross breezes through the penthouses which is always a huge plus for the Brisbane climate.

The Hathaway bathroom
The Hathaway bathroom
The Hathaway master bedroom
The Hathaway master bedroom
The Hathaway Townhouse living space
The Hathaway Townhouse living space
The Hathaway Townhouse bathroom
The Hathaway Townhouse bathroom
The Hathaway East-facing courtyard
The Hathaway East-facing courtyard
The Hathaway bathroom
The Hathaway master bedroom
The Hathaway Townhouse living space
The Hathaway Townhouse bathroom
The Hathaway East-facing courtyard

There are three four-bedroom townhouses at The Hathaway. These include four bedrooms and a study, open-plan living, dining and kitchen and include a private courtyard and BBQ area. These townhouses are priced from $1,045,000 and are 185m². The driveway for the townhouses is separate from the driveway of the apartments, which gives the townhomes that extra touch of privacy.

We love…

  • The Hathaway offers eco-friendly features throughout the development including solar power systems.
  • With large balconies and outdoor spaces, coupled with open floor-plans and large windows, all apartments, penthouses and townhomes will have cross-breezes all year round.
  • Cadell Street is in a lovely quiet area with heritage-listed buildings peppered throughout the street. This means other development in the immediate vicinity is restricted.
  • The Hathaway is a pet-friendly development.

But remember that…

  • There is no onsite management at The Hathaway, making the development not ideal for investors.
  • The communal facilities are quite limited with no onsite pool or gym (this is great for keeping body corporate low, but will not suit all buyers).
  • The master bedrooms on some of the floor plans aren’t overly spacious.
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The Location

The Hathaway is located at 46 Cadell Street, Auchenflower. Cadell Street sits right in the heart of Auchenflower and comprises of modern homes, heritage-listed houses and a few low rise apartments buildings. Cadell Street has traffic calming in place to ease fast traffic. Access to the street is from Park Avenue, which is accessed via traffic lights off Milton Road. At the other end, Cadell Street can be accessed straight off Croydon Street.

Milton Road is the main road running from Toowong through to Milton and provides easy access to the Inner City Bypass. There is traffic at peak times, but the road is structured quite well so congestion on this road should only add 5-10 minutes to your journey at most. The Hathaway is located one block away from Milton road so traffic noise should not be an issue.

Living at The Hathaway means that you are within walking distance of a wide range of public transport including Auchenflower and Toowong train stations, bus stops and the Regatta Ferry Terminal which are all big positives. From Cadell Street, the Brisbane River and access to the Bicentennial Bikeway are only 800 metres away. For those who love a good weekend bike ride, the Bicentennial Bikeway provides easy access through to the CBD and South Bank, as well as up to the University of Queensland (which is also only 4.3km away). The Toowong Memorial Park is 500m away too, with Milton Dog Park only 1.5km away for those with furry friends. Toowong Village Shopping Center is only 3 min drive away with shops including Coles, Kmart and David Jones.

The Hathaway is located directly behind the Toowong Private Hospital and on the same street as Trinity College Queensland. This means lots of cars in and out which could make on-street parking hard to find on weekdays. This shouldn’t be an issue as each apartment and townhouse within The Hathaway comes with two car parks and the townhomes come with three. There are also four visitor parks for The Hathaway too, one of which is sectioned off specifically as a disabled car park.

For families, there are quite a few schools in the area including: Toowong State School, Milton State School, Brisbane Boys’ College, St Ignatius School, Montessori Childrens’ School and Hubbard’s School.

City views from apartment 203 of The Hathaway
City views from apartment 203 of The Hathaway

Communal Facilities

The amenities included at The Hathaway are quite minimal, although there is a lovely Bocce green which is quite an unusual, but welcome addition. A communal BBQ area is also included on the ground floor and there is an internal lift. There’s a secure underground car park offering at least two car spaces for each apartment, some of which are tandem and some are side-by-side. The penthouses have three side-by-side car parks. The underground car park also has storage cage space for each apartment, which is great for those downsizing from a larger home. There is also a rubbish chute for garbage on each level of the apartment building.

Apartment Details

The interior of the Hathaway focuses on open-plan living with the kitchen, living and dining all flowing from one room to the other. Each penthouse has two or three balconies capturing city and Mount Coot-tha views. Each apartment has either a balcony or a private courtyard.

The Hathaway includes eco-friendly features throughout the development. Solar power systems will result in zero common area power costs for residents and a reduction in power costs to the apartments and penthouses. In the townhouses for an additional $5,000 upgrade, solar power storage units will be installed and totally negate the power costs in the Hathaway Townhouses. These energy-saving features will allow body corporate fees to be minimised throughout the building.

Most apartments include a completely separate laundry which is a relatively uncommon feature in modern apartments. All hallway and entryway space is utilised with both broad and narrow cupboard storage.

The townhomes all have gas to the balcony, with BBQs included and private courtyards that will be landscaped with mature trees. In the townhouses, the ceilings on the second storey are raked and ascend to a height of over three metres at their peak. The ceilings through the rest of the townhomes and apartments are 2.65m.

Floor Plans

The Hathaway townhouses, the apartments and the penthouses are all designed to maximise open-plan living spaces as well as storage. The townhouses have been designed to be suitable for family living, with the bedrooms all upstairs. The bathroom is separate from the toilet, preventing any of those “I need to pee, please for the love of all that is good, stop blow-drying your hair!” frustrations. In the master ensuite of the townhouses, the toilet is also kept separate from the bathroom, with a beautiful glass feature wall connecting the bathroom (with statement bath and double vanity) to the bedroom.

One of the apartments still available for sale, has a lovely east-facing frontage, with an extended balcony and courtyard space. The apartments are structured with the main bedroom located to the front of the home, and the spare bedrooms at the rear which is great for families with adult children or those who will have guests visiting often.

The kitchens in both the apartments and penthouses include a kitchen island bench and butlers pantry, making the kitchen into a beautiful feature of the living space, not just tucked away in the corner.

Quality and Finishes

The apartments have tiles, woollen carpet and Bosch appliances, whereas the townhouses and penthouses have hardwood timber flooring and Neff appliances. The penthouses also include a double oven as standard.

The Kitchens have Caesar stone polished benchtops and splashback with matte black tapware, sink and gas stovetop. There was an optional upgrade that will include lighting fixtures, window dressings, different flooring options (including hardwood timber floors), mirrored kitchen splashback and larger Bosch kitchen appliances; however this close to the end of construction it may no longer be available.

The white, neutral and black colour tone from the kitchen continues throughout the bathroom. The bench tops, like the kitchen, are polished Caesar stone, with white double basins. There is ample bathroom storage with large, mirrored cabinets above the basins. The accents including taps, towel rails and shower head are all matte black. The feature tiles in the bathroom extend all the way up to the ceiling, which adds a lovely touch of luxury. A few of the owners who have already purchased an apartment have opted to have skylights put into the bathrooms, to increase natural light.

The living areas have neutral porcelain tiling with soft white walls. There is an optional upgrade to include transparent roller blinds to manage the amount of natural light that filters in. All bedrooms are carpeted with neutral tones. Buyers have the option to purchase blackout roller blinds. All master bedrooms include a walk in robe and double sink ensuite.

Investment Analysis

With no onsite management, The Hathaway is definitely geared towards owner-occupiers rather than investors. That being said, Auchenflower is a Brisbane favourite, with high rental demand. The market for three-bedroom apartments in Brisbane, in particular, Auchenflower has actually decreased significantly in the last year (down 6.4%) and the median price for a three-bedroom apartment in the suburb is $535,000.

Neighbouring Projects

There is currently a boom in development in Brisbane’s inner western suburbs of Auchenflower, Toowong, St Lucia and Taringa. Where these suburbs were once just hubs for student housing thanks to the proximity to UQ, now developments in the area are taking a similar approach to The Hathaway and offering a cut-above-the-rest type luxury apartments and geared heavily towards owner-occupiers.

The Quattro in St Lucia is a development of two and three-bedroom apartments. With fifty apartments over four levels, The Quattro is four times the size of The Hathaway and instead focuses on affordability for first-home buyers. Along the river in Toowong, Blanc is currently under construction and will offer large luxury apartments of two or three bedrooms. Blanc’s thirty-three apartments are spread out over fifteen levels, giving the residence a real high-rise feel, despite not having that many apartments.

There are several other developments currently proposed for the Taringa area that are similar in size to The Hathaway, although these are not yet approved for construction.

Body Corporate

The small building size and conservative communal facilities mean the annual body corporate fees are quite low for a new development of this calibre. With no pool, gym or onsite management, the body corporate fees for a three-bedroom apartment in The Hathaway are approximately $4,575. The remaining penthouse apartment will have body corporate fees of $5,919 for the year.

The Developer

This project is being developed by Velocity Property Group. They were first established in July 2008. They are a multi-sector firm that specializes in Property Development, Joint Ventures, Project Marketing & Sales, Interior Design and Finance & Capital Funding.

Display Suite

There is no sales suite for this development as it is near completion. There is, however, a display apartment which will be open every Saturday and Sunday throughout August and September. Site-walk through appointments can also be booked with HB Property Group.

Written: 17 August 2018

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