Construction starts on 160 Macquarie, St Lucia's first riverfront apartments in a decade
Construction has commenced on 160 Macquarie Street, St Lucia’s first riverfront residential development in more than a decade.
Developer QM Properties has appointed construction firm McNab to build the luxury development at 160 Macquarie Street on the Brisbane River.
The Rothelowman-designed development of 33 three-bedroom apartments is already 80 per cent sold, with 27 apartments raking in $58 million, an average sale price of $2.28 million.
Prices start from $1,375,000 for the three-bedroom apartments spanning 139 sqm of living space.
Andrew Roubicek, Director of Residential at Colliers International, said 160 Macquarie Street has been one of the best performing residential projects in Brisbane.
“160 Macquarie Street is a remarkable project as evidenced by the strong sales achieved prior to construction,” Roubicek said.
“Since April 2020 the median sale price for apartments in St Lucia has increased by 9.1 per cent revealing the suburb to be one of the most in-demand areas in Brisbane."
The project will feature a sky garden on its rooftop, with mature trees as part of an expansive recreation terrace which will also offer a private dining room with city skyline views from the 15th level.
QM development manager Glenn Rix said there were no other riverfront projects in the pipeline at St Lucia, making 160 Macquarie ‘one of a kind’.
“Neighbouring areas like West End, Toowong and South Bank have a number of riverfront projects in train, but St Lucia has remained a tightly-held pocket and sites like the one we have for 160 Macquarie are extremely rare,” he said.
“We’ve taken a unique site and have worked with award-winning architects Rothelowman to create a building to match, with statement features like the sky garden, which connects the rooftop with the riverfront.
“We’ve brought the outside in throughout the whole building, with a natural interior palette led by finishes such as oak timber floors and natural dolomite stone benchtops, in oversize apartments offering up to 246 sqm of living space.
Joel Robinson
Joel Robinson is the Editor in Chief at Apartments.com.au, where he leads the editorial team and oversees the country’s most comprehensive news coverage dedicated to the off the plan property market. With more than a decade of experience in residential real estate journalism, Joel brings deep insight into Australia’s evolving development landscape.
He holds a degree in Business Management with a major in Journalism from Leeds Beckett University in the UK, and has developed a particular expertise in off the plan apartment space. Joel’s editorial lens spans the full lifecycle of a project—from site acquisition and planning approvals through to new launches, construction completions, and final sell-out—delivering trusted, buyer-focused content that supports informed decision-making across the property journey
