Buyer confidence remains strong in Pradella’s $260 million luxury West End riverfront project, Water’s Edge.

The development has notched up more than 50 sales since its launch in October 2008 including four sales in the last two weeks.

The permanent views of the Brisbane River and CBD, and luxurious design along with the evolving and stylish area has proven a major drawcard for buyers keen to make the most of resale and capital gain potential. Buyer Mei Nurmawan as purchased a fifth-level, two bedroom, two-bathroom property.

“We were on the lookout for an investment property and the quality design and professional finish at Waters Edge was not offered anywhere else in Brisbane, “Ms Nurmawan said.

“The quiet riverfront location and the fact that it is less than 10 minutes from the Brisbane CBD and a short stroll from Queensland’s cultural and entertainment hub meant it was an opportunity we couldn’t miss.

“We are looking to capitalise on the slowing property market by realising the longevity of the location, suburb and attention to detail evident at Waters Edge.”

The development comprises two, seven-level buildings of one, two and three-bedroom apartment configurations offering 17 different unit designs which focus on indoor and outdoor living which maximising views of the Brisbane River and city.

Residents will be able to enjoy a private haven with an array of facilities within 4000sq m of landscaped and water-themed grounds including a fully equipped gymnasium, lagoon wading pool, barbecue shelters, air conditioned function rooms and an infinity edge recreation and lap pool overlooking the Brisbane River.

Apartments are priced from $550,000. Construction is scheduled for completion in early 2011.

The Waters Edge display suite is now open daily from 10am to 5pm and is on Riverside Drive between Kurilpa and Forbes Streets, West End.

For more information www.watersedgewestend.com.au