H Simon Real Estate to showcase Brisbane properties during Miri roadshow

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KUCHING: H Simon Real Estate will be showcasing exciting properties from Brisbane during its educational seminar in Miri, at Danum 2 room, level 5, Imperial Hotel.

Across Australia, Brisbane is known as a lifestyle destination – a place where business and pleasure easily work in tandem. A leading destination for business and investment, major events and international education, Brisbane is rapidly emerging as the city of choice of major companies and new residents.

With a vibrant city centre, an abundance of urban villages, a burgeoning cultural scene and opportunities for natural retreats, Brisbane offers a unique lifestyle experience.

Brisbane continues to be an open city – open for business, an open outdoor lifestyle, and open to people from around the world. As Brisbane continues to grow, underpinned by strong economic fundamentals and ongoing investment, this provides a solid foundation for Brisbane’s residential property market.

With a diversified and sustainable economy, Brisbane provides economic opportunities to drive future employment and prosperity. Brisbane’s economy has rapidly expanded to be worth US$135 billion, representing 48 per cent of Queensland’s economic output.

Brisbane’s economy is also predicted to grow to be worth over US$217 billion by 2031 fuelled by a competitive base for doing business, high levels of business investment and innovation, and the largest public infrastructure spending programme in Australia’s history. Brisbane’s geographic location also places it as a strategic gateway for trade with Asia, further boosting economic growth and cultural exchange.

Brisbane is well connected to global markets yet remains economically resilient, with strength in key industries such as mining, construction and infrastructure. Continued investment and trade is expected to drive high economic growth within Brisbane, making it a smart destination to do business, but also as an ideal destination in which to reside.

Education is Brisbane’s largest export industry as it has been developed into a key destination for international students, with more than 75,553 enrolments recorded for 2013. This forms a major economic driver for Brisbane, generating US$5.1 billion annually for the city’s economy and supporting more than 20,000 local jobs.

Each international student contributes approximately US$70,000 per annum to the Brisbane economy, with roughly 35 per cent of this going towards tuition fees and 65 per cent towards living expenses.

Brisbane is also internationally recognised for its top class privatised airports which is serviced by 33 airlines. Located just 20 minutes from the city centre, Brisbane Airport manages more than 3,300 flights per week, and in excess of 21 million passengers per year.

Aside from that, H Simon Real Estate will also feature Brisbane’s Newstead commerical, retail, and leisure facility.

Located less than two kilometres from the Brisbane central business district (CBD), Newstead offers significant commercial,retail and leisure amenity within walking distance and will undergo a US$2 billion urban renewal.

Benefiting from the transformation already seen in Teneriffe and James Street, Newstead is within walking distance to established lifestyle destinations that showcase an range of fashion, restaurants, cafes and nightlife.

The latest chapter in the story is the master-planned development of Newstead Riverpark, which is acting as a major catalyst for the region. The 17 hectare riverfront site is set to experience major urban renewal and US$2 billion in investment over the next decade, while the newly launched retail precinct already has established a vibrant retail precinct alongside activated

The Newstead employment node is also experiencing ongoing growth as many leading companies see the value of positioning their company in this fringe location. Comprising the suburbs of Newstead, Fortitude Valley, Bowen Hills and Herston, the Newstead employment node is supported by extensive infrastructure and an abundance of retail amenity, making it a prime area for continued commercial development.

For more information, visit the Maidan launch in Miri, at Danum 2 room, level 5, Imperial Hotel. Alternatively, attend its education seminars by calling 017-8667711 for Alex Lim or Colin Wong (PEA1230) of H Simon Real Estate (E(3)1176.