New apartments planned in Newport
Traders In Purple has unveiled a second waterfront development at Newport, which will be its 15th in the City of Moreton Bay.
On a new site at Lighthouse Esplanade, there will be 132 residences tapping into high demand among downsizers for luxury low-maintenance living.
There will be generous two-bedroom apartments with multipurpose rooms and large penthouse-style apartments, alongside three-bedroom offerings.
Community amenities will include a pool and lounging deck, barbecue and resident lounge.
Building on the success of Lasail nearby, Traders in Purple’s new project is on 11,560sqm with water views to the east and north to Deception Bay.
It is the second site in Newport which Traders In Purple has bought from Stockland and comes with DA approval.
Minor changes are being sought to the DA. Pending approval, Traders In Purple expects to launch the project in mid-2025.
It is modelled on Lasail, Newport’s first multi-residential development in a neighbourhood of two-storey homes which sold out 12 months ahead of schedule.
The Lighthouse Esp site will have townhouses at the street edge, integrating with the suburb’s residential character and six levels of apartments along the water.
“We are excited to return to Newport waterfront and deliver another residential community on a spectacular site,” Traders In Purple Director George Geagea said.
“We have assembled the same team of architects and landscape architects, with Rothelowman and Urbis bringing the design to life and have the advantage of our own construction team, allowing us greater control and certainty over quality and delivery.
“It’s never straightforward building on the waterfront but we will deliver our second Newport project with the benefit of hindsight, knowing all the challenges and solutions.”
Traders In Purple currently has Marin and Orilla under construction at Scarborough and Woody Point respectively with Tydal, also at Woody Point, just launched.