Earlier this year, Australian Property Investor Magazine reported that South East Queensland was among the nation’s hottest apartments markets, with owner-occupiers and investors alike particularly attracted to beachfront dwellings.

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Located in Newport, Lasail will provide residents with direct water frontage and access to Moreton Bay, with the first stage expected to be complete by late next year.

Traders In Purple development director Brett Lentz said investors and owner-occupiers had both been attracted by the fact that each apartment in the project had water frontage and spectacular views.

“As a result, we have had a terrific response from buyers who - like us - have fallen in love with this premium location and the enviable coastal lifestyle it will deliver,” Mr Lentz said.

“We want to redefine resort style living by offering something extra special and taking full advantage of an absolutely stunning and one-of-a-kind location – we are very proud of Lasail.”

Lasail is Trader In Purple’s 11th residential development on the Redcliffe peninsula, with the second stage of the $120 million project likely to be fast-tracked to satisfy rising buyer demand.

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