About Silverstone

Silverstone Developments is a privately owned Brisbane based boutique development company.


NEWS
03 Jun 2014

Silverstone Developments strikes another deal on commercial site in Bowen Hills

Silverstone Developments has rounded out a successful commercial project at 121 Abbotsford Road, Bowen Hills.
Stage one of the development saw Probuild Civil purchase a parcel of land to build a 600m2 extension to their existing building. The design and construction work is being undertaken by Blackwatch Projects.

Under stage two of the development, APC Logistics has acquired the remaining land parcel for their new Brisbane headquarters. Silverstone Developments secured approval for a two storey, 1190m2 office building and Blackwatch Projects is currently negotiating the design and construction work.

Troy Daffy, Silverstone Developments' Managing Director, said "We are delighted with the result and believe the strategic location of the site has been a key factor in rounding out another successful commercial project for Silverstone Developments."

Both transactions were negotiated by Neville Jensen of Ray White Metro.


NEWS
17 Mar 2014

Repeat buyers help drive Silverstone's 100% pre-launch pre-sales

17 March 2014

Silverstone Developments has cemented its reputation as one of Brisbane's most reliable developers, with contracts taken on all 15 apartments in their new Lucca apartment complex on Brunswick Street in New Farm before the development's public launch.

"We are yet to even launch Lucca to the public, but all 15 apartments are already spoken for," said Silverstone Developments' Managing Director, Troy Daffy.

"It is a great sign that buyers are taking notice that when we say we are going to deliver a quality product in a certain timeframe, we meet that commitment," said Mr Daffy. "In fact, two of our buyers in Lucca are repeat Silverstone clients; one previously purchased an apartment in Vivid Kangaroo Point, and the other in Vertice, Dutton Park. Another of our repeat clients bought in Vivid New Farm, Vivid Kangaroo Point and Siena Milton.

"Obviously the improvement in the Brisbane market, New Farm's reputation as a desirable investment and owner-occupier location, and the hunger from interstate property investors for Brisbane stock have all contributed, but we do believe that our reputation for real development outcomes comes in to play as well. Buyers are also drawn to the combination of a luxury apartment and an affordable price tag."

Mr Daffy said his team were looking forward to bringing new stock to market over the coming months.

"With our other residential developments - Sanctuary on Oxford at Bulimba, Siena at Milton and Vertice at Dutton Park - all sold out, we were looking forward to bringing some new stock to the Brisbane market, but with Lucca we didn't even get to have a public launch!

"Fortunately we have another three of four developments we are working very hard to bring to market this year, and we look forward to unveiling these over the coming months."

Lucca will be located at 676 Brunswick Street in Brisbane's iconic New Farm, offering some of Brisbane's best restaurants, cafes and retail shops, and a major supermarket just 400m away. The building is complemented by two retail tenancies on the ground floor.

Construction on Lucca commenced in February and is anticipated to take less than 12 months to complete.

About Lucca
The apartments have been architecturally designed with Silverstone Developments' benchmark finishes. An open plan, architectural design creates a dynamic and flowing living space while preserving privacy of the bedroom area. In addition to the open plan design the elevated corner positioning provides for captivating views.


NEWS
03 Dec 2013

Silverstone Developments strikes deal on commercial site in Bowen Hills

Silverstone Developments and civil engineering group, Probuild Civil, have reached an agreement to build a 600m2 extension to Probuild's current building at 40 Thompson Street, Bowen Hills.

Silverstone have subdivided their site at 137 Abbotsford Road and on-sold the neighbouring parcel of land to Probuild Civil with a commitment to design and construct the additional 600m2 GFA of office space. The addition will see Probuild's current site expand to approximately 1000m2.

Silverstone Developments said they were thrilled with the outcome.

Jim Watson, Silverstone Developments' General Manager, said "We are delighted with the result and look forward to working with Probuild to expand their office space and support their growing team. Through our relationship with established local construction firm, Blackwatch Projects, we believe we can deliver an exceptional extension for Probuild."

Ray White Metro's Neville Jensen and Lewis Torkington helped Probuild work through the many options available and find the optimum solution.

Probuild had a requirement for approximately 1000m2 of office space on the northside.

"We showed them through several existing options but in the end the convenience of been able to stay at their current location whilst still expanding to their required GFA won out", said Torkington.

Watson said Silverstone was pleased to have retained a potential development site.

"We are pleased to have retained the balance of the land parcel, for which we have attained approval for a three storey office building with approximately 1200m2 of office space over two levels, including 20 car parks," said Watson. "It is a great location, close to the city and with significant amenity and we are confident that we can quickly secure a tenant or owner-occupier."

The Silverstone site is now being offered to the market for lease or sale through Ray White Metro.