Waterfront lifestyle on the market

24 June 2024
Following the recent sold-out projects on the Moreton Bay peninsula, Traders In Purple launch their 14th luxury waterfront collection Tydal Woody Point.

The Moreton Bay peninsula is gaining attention as a coastal lifestyle destination for empty nesters.

Following the recent sold-out projects on the Moreton Bay peninsula, Traders In Purple launch their 14th luxury waterfront collection Tydal Woody Point.

National property and construction group Traders In Purple has launched its 14th collection of luxury waterfront apartments on the Moreton Bay peninsula with Tydal Woody Point. Located at the highest point in the suburb, with panoramic views stretching across the ocean, Tydal is set to replicate the success of Traders’ most recent sold-out projects, Marin at Scarborough and Lasail Newport.

The location was home to the Palace Hotel, a venue where the Bee Gees played their first paid gig. The launch of the first of two buildings, with 104 apartments, attracted local downsizers and residents from north of Brisbane. Two- and three-bedroom apartments are now selling, featuring a luxe coastal design aesthetic that has become Traders In Purple’s signature style and a proven hit with buyers.

While the empty nester migration to the Gold Coast and Sunshine Coast has been entrenched for many years, the Moreton Bay peninsula is now firmly on the radar. Traders In Purple development director Alex Black said Tydal offered a rare opportunity to enjoy a laid-back resort lifestyle by the water for far less than comparable properties in many other Queensland coastal locations.

“Tydal is one of those rare opportunities to have the best of all worlds,” she said.

“The water views with sunrises over the ocean are extraordinary, while to the west, apartments capture the sunset over Bramble Bay. And all of this, just 20 minutes’ drive from the airport and 40 minutes from the CBD.

“Moreton Bay has flown under the radar for many years but the word is well and truly out.

“Apartment prices in Woody Point and neighbouring suburbs rose by around 13.7 per cent in the past 12 months but it is still comparatively affordable.

“Woody Point is a location to watch with the recent multimillion-dollar makeover of the Belvedere Hotel, and transformational projects such as Orilla, our luxury boutique project on the waterfront, and now Tydal elevating the suburb to new heights.

“It has charm, character and hasn’t lost its village atmosphere.”

Two-bedroom apartments are selling from $775,000* and three-bedroom designs from $1.249m*. Two-bedroom apartments range in size from 122sqm to 141sqm and three-bedroom layouts from 157sqm to 194sqm. Three luxurious penthouses with panoramic views are set for release next month.

Ms Black said the gently curved facade of the 10-storey stage one apartment building, designed by Brisbane-based Ellivo Architects, was oriented to maximise views.

“The architectural language draws inspiration from the natural elements along the shoreline, creating an environment that is intimately connected to its setting,” she said.

Two- and three-bedroom courtyard homes at ground level will have their own gatehouse entry.

Resident facilities include a subtropical pool with sun lounges, covered outdoor dining, barbecue, herb garden, lawn and residents’ lounge with a kitchenette. There’s also a dog wash bay.

Tydal will be constructed by Traders In Purple’s construction team and while many Queensland projects have been impacted by construction issues, having its own construction capability has allowed Traders In Purple to maintain a 100 per cent completion track record.

Traders In Purple has two other projects under construction in the area – Marin at Scarborough, due for completion in early 2025 and Orilla, an ultra-luxury boutique development of 32 residences, on a waterfront position at Woody Point, due to complete in mid-2025.

*Prices are subject to change and correct as at 24th June 2024

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