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New tallest tower proposed for ...

New tallest tower proposed for Brisbane

Brisbane's skyline might soon see a new addition, as plans have been proposed for a maximum-height residential skyscraper for the central business district.

According to the development application, the 91-story building would be a sister development to the adjoining Brisbane Skytower, reports Domain.

The Skytower stands at the city's maximum height and is currently the biggest building in Brisbane.

The proposal for the new residential building was put forward by World Class Land, a developer from Singapore, which received an approval for another 91-story building in Brisbane last December. However, the developer hasn't yet submitted a full application, according to a spokesperson for the Brisbane City Council.

For the new building, plans are for it to consist of 783 units that will be a mixture of one, two and three-bedroom apartments.

The development will be divided into three precincts, which are to be low rise, high rise and sky rise.

Meanwhile, the top floor of the building will feature two penthouses, one with four bedrooms and the other with five.

Buildings are unable to be any higher than 91-storeys in Brisbane as a result of shadowing, which would interfere with planes that are coming in and out of Brisbane airport.

Although this will be one of Brisbane's highest buildings, it is not one of the biggest in Australia.

Overshadowing it for height is the Q1; a 322-metre residential tower on the Gold Coast of the country.

Building such a large residential building in Brisbane will bring much attention to the city's property market.

Although it hasn't been stated whether the units will be for sale or for rent, it's sure to attract young professionals and business-minded people to this part of the city, particularly as it's in the commercial district of Brisbane.

All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

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