Michael Studach, Lantona's Development Partner and Head of Acquisitions, worked closely with Tom Barr to secure the site.
Andrew Hanna, Director of Lantona, said the acquisition represented another strategic addition to the group’s growing pipeline of premium residential projects across Brisbane’s inner-west.
“Indooroopilly has long been recognised as one of Brisbane’s most desirable residential pockets, particularly for owner-occupiers seeking elevated living, strong amenity and proximity to the city,” Mr Hanna said.
“What attracted us to this opportunity was the combination of the elevated position, expansive frontage and the quality of the existing approval already in place. The vision for the project strongly aligns with the type of considered, lifestyle-focused residential product we believe the Brisbane market is continuing to move towards.”
“We see significant value in creating residences that not only respond to the surrounding landscape and views, but also deliver a strong sense of liveability, design quality and long-term appeal for future residents.”
Located within walking distance of Taringa Train Station and close to major bus services, the property is also set to benefit from the future Toowong to West End Green Bridge, enhancing connectivity to Brisbane’s inner south-west precincts.
The site additionally offers close proximity to University of Queensland, Indooroopilly Shopping Centre, Toowong Village and Mount Coot-tha Reserve.