Augustus Residences Toowong

Property Summary as at June 2020

Ownership
Joint Venture
Project
2015-2018
Site Area
2,102m2
Apartments
90
Value Range (CBIC %)
$20-$30 million

Augustus Residences, CBIC’s residential unit development in Toowong was finalised during FY20. The final five units were settled with the project returns exceeding CBIC’s long term targeted returns. CBIC acknowledges the contribution of its joint venture partners, Golden State Property Developments Pty Ltd and Oracle Estates Pty Limited, in delivering this successful project.