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Monthly Archives: November 2015



Private and public sector spending in Brisbane’s infrastructure is one of the key attractions for international investors, according to investment solutions company Ausin Group. Billions of dollars’ worth of new infrastructure projects have recently been completed or will be starting soon in Brisbane spanning North East from the CBD through to the Trade Coast precinct.

Joseph Zaja, Managing Director for Ausin Group comments, “Ausin first started witnessing a growing interest in Brisbane from overseas investors following the G20 Summit which was held last year. It positioned Brisbane as a ‘new world city’. This vision is now starting to come to fruition following announcements by the State government and private sector about major infrastructure and development projects.

“Brisbane’s two most important economic and employment hubs, the CBD and Trade Coast region are benefiting from the new infrastructure plans. The economic potential of these two areas is being unlocked with State and Federal governments’ as well as the private sector reaping significant financial rewards.” He added, “Ausin opened an office in Brisbane a few months ago to meet demand from its international investors for premium Brisbane property and expects to double its staff numbers prior to Christmas to service this interest. Brisbane’s affordable properties, clean lifestyle and infrastructure spend in major locations are the biggest drivers for international property investors. “Investors are purchasing apartments throughout the CBD and CBD fringe, as well as house and land packages in well located masterplanned communities in the middle ring suburbs. Sunnybank is home to the biggest Chinese migrant population in the state. Areas neighbouring this suburb are benefiting from the growing migrant population.”

The Lord Mayor Graham Quirk will officially open Ausin Group’s new Brisbane office this week. He said successfully hosting the G20 last year had raised Brisbane’s profile in the international marketplace as a place in the Asia Pacific to do business. “In 2014-15, Brisbane received one million annual international visitors for the first time ever, with expenditure reaching a record high of $1.8 billion,” Cr Quirk said. “We are the largest municipal council in Australia and are focused on export and trade to grow our local economy, as well as investment attraction and a commitment to key industries as drivers of growth. “Brisbane is an enterprising and energised city that is firmly connected to global markets, yet remains economically resilient. We are committed to the growth of small business, including start-up companies and embrace an entrepreneurial culture.”

Cr Quirk said he was committed to supporting economic growth by investing in key infrastructure across the city’s suburbs including the recently opened $1.5 billion Legacy Way tunnel which was delivering travel time savings. “There is no denying the delivery of key infrastructure such as the Clem7, Go Between Bridge, Airport Link and now Legacy Way is helping manage our city’s growth and improve travel times for motorists,”
Cr Quirk said. “The Kingsford Smith Drive upgrade is Brisbane’s next major project that will widen the road from four to six lanes and the new contractor for the project which connects the city to the Trade Coast will begin preliminary works later this year.”

Mr Zaja said that as the greater CBD expands out through Fortitude Valley and Newstead, suburbs including Albion and Hamilton are now on the radar of international investors. The duplication of Brisbane airport is expected to increase the size of the airport in line with Hong Kong and Singapore with completion expected in 2020. Two of the State government’s priority development areas have also been given approval to move forward with multi-billion dollar projects including Queens Wharf in the CBD which is touted to create over 3,000 jobs during construction and 8,000 jobs when completed. Hamilton North Shore, which is a two kilometre project along the waterfront near Trade Coast will also generate thousands of jobs and homes for the expanding Brisbane population.

Mr Zaja concluded, “Brisbane is a city that has a vision which is being embraced by business, government bodies and international investors. The city is governed by one Council which has the power to make all of the important decisions regarding the growth of the region. “Its ability to make quick, informed decisions has helped make the city more investor friendly and geared towards long term investment opportunities. Unlocking the economic potential of Brisbane is attractive to international investors.”

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Ausin Group has sold 80 of the 130 properties that were released to the market in Urban Camperdown (Urban) which is located on the Ryvita Biscuit Factory site in Camperdown. It is designed by award winning architects Allen Jack + Cottier and developed by Mark Mezrani. This is the third and final development on this site by Mr Mezrani. Previous projects included DNA Camperdown and The Biscuit Factory which were both very popular with owner occupiers and investors.

Sales were valued at over $85 million with one and two bed apartments proving to be the most popular. Prices for apartments start at $659,000 for a one bed, two beds start at $1.138 million, three beds are priced from $1.75 million and terrace homes start at $2.15 million.

Ben Hamblett, NSW & QLD Business Development Manager for Ausin Group’s project marketing division said, “Purchaser drawcards in Urban included its location directly beside Sydney University, the selection of 30 different floor configurations, proximity to the CBD and the superb architecture by Allen Jack + Cottier. “The project attracted a mix of local and overseas buyers. Local purchasers were predominantly from the lower North Shore, Inner West and Eastern suburbs.” He added, “Urban is being built on one of the last remaining major development sites in Camperdown. This community which is nestled in a culturally diverse and eclectic area epitomises the very best of inner city living.”

Joseph Zaja, Managing Director of Ausin Group said, “Urban offers the best of both worlds – it has a suburban feel with universities, cafes, schools, shopping precincts and major transport links on the doorstep, while the city’s major attractions are only two kilometres down the road.”

The master planned community is located on the edge of the Sydney CBD in the heart of Camperdown. Urban will comprise 199 designer apartments and 15 three storey terrace homes across a family of five buildings with several offering city views. These range from five to seven levels and are intertwined with lush landscaped gardens and terrace homes.

Urban’s luxurious apartments will enjoy 2.7 metre high ceilings, vitrified floor tiling in living areas, reconstituted kitchen stone benchtops, Brodware tapware in the kitchen and bathrooms and generous balcony areas. The project, located on Barr Street comprises 15 studios, 32 one beds, 75 one bed plus studies, 27 two beds, 39 two bed plus studies, 7 three beds, 4 three bed plus studies and 15 three level terrace homes. One hundred and thirty properties will be released in stage one in Uma, Bella and Nelson buildings including 15 terrace homes.

Ceerose is currently constructing Urban with completion expected in the first quarter of 2017.
The display suite is located at Australia Square – Level 48, 264 George Street, Sydney and is open seven days from 11am until 1pm. Viewing outside these time is available by appointment only. A $5,000 expression of interest deposit is also required to secure an apartment.

For further information visit or phone Ausin Group on 1300 786 098.

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