Leading Brisbane developer <a href="https://www.apartments.com.au/developers/consolidated-properties">Consolidated Properties Group (CPG)</a> has completed and settled $450 million worth of apartments at Monarch Residences in Toowong, marking one of Brisbane’s most significant and prestigious riverfront residential completions in recent years.

The final apartment at Monarch sold at auction on the 30th May for $4.1m.&nbsp;

The milestone has been marked at a ribbon-cutting ceremony at <a href="https://www.apartments.com.au/buildings/monarch-residences-toowong-600-coronation-drive-toowong-qld-4066">Monarch Residences</a>, with Cr Penny Wolff highlighting the importance of completing major residential projects to boost the city’s much-needed housing supply.

The 224 apartments, delivered across two 15-level towers, are now officially in the hands of owners, including Brisbane downsizers, families and professionals who have traded traditional houses for apartment living. The completion underscores sustained demand for absolute riverfront living in Brisbane’s inner west.

<img alt="$450M Monarch Residences sells out as Brisbane riverfront demand surges" data-entity-type="file" data-entity-uuid="56ae05e9-092f-41f0-98a1-a10984fdd171" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ROBNN_MONARCHLAUNCHEVENT-131.jpg?VersionId=p76J6weGZqseNrE6aOAjmAHUah.y65Gd" />

Monarch Residences was planned and delivered over four years on a 1.2-hectare parcel with more than 130 metres of direct frontage to the Brisbane River, occupying one of the last remaining true riverfront sites of its scale and orientation within close proximity to the CBD. The site has been transformed from an underutilised, derelict block of land, into a thriving residential precinct with Middenbury House at its centre.&nbsp;

Consolidated Properties Group CEO and Chairman Don O’Rorke says the project’s completion represents the culmination of years of careful planning, design collaboration, market conviction and outstanding team delivery.

“We announced Monarch Residences in late 2021 and it’s been one of the most strongly received residential projects in our 45-year history,” Mr O’Rorke said.

"We are incredibly grateful to the outstanding team who helped bring Monarch Residences to life. A special thank you to Hutchinson Builders and their hardworking labour force for delivering a development of exceptional quality that our residents will be proud to call home for many years to come.

“Brisbane City Council and Titles Queensland also played a huge role in getting residents into their homes early through the pilot programs they ran to speed up the approval processes. They understand the challenges of the housing industry and are doing something about it.”&nbsp;

[smartcode_project:default project_id=113455 project_image_fid=211466]

Consolidated Properties Group Head of Residential, James MacGinley said Monarch Residences showed what could be achieved when private industry and government worked together to deliver new housing for Brisbane.

“Monarch Residences has delivered more than 200 new apartments in Brisbane’s inner-west at a time when additional housing supply is critically important,” MacGinley said.

“It’s fantastic to see residents now moving into this landmark riverfront development, which reflects the strength of collaboration between Council and the project team throughout delivery.

“All government agencies played a significant hand in achieving a fast-tracked outcome for Monarch Residences with Brisbane City Council, Urban Utilities, Energex and Titles Queensland assisted to remove hurdles to achieve settlements.”

[smartcode_project:default project_id=113455 project_image_fid=302326]

With Monarch Residences now complete, CPG has launched River Living, a bespoke on-site property management service designed to enhance the resident experience. The service will support all future CPG residential projects, including the recently announced <a href="https://www.apartments.com.au/new-apartments/gloriette-30-bedivere-street-yeerongpilly-qld-4105">Gloriette</a> in Yeerongpilly and <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a> in Newstead.

The completion also marks the opening of a prized leasing opportunity at the heritage-listed Middenbury House, built in 1865 and which has been carefully restored and integrated into the broader masterplan.&nbsp;

CPG said the adaptive reuse of the landmark riverfront residence presents an opportunity to introduce a complementary boutique tenancy that respects the site’s historic significance while activating the riverfront frontage.

[smartcode_project:default project_id=113455 project_image_fid=211495]

Colliers Director of Residential Andrew Scriven said the move-in phase highlights continued demand for completed premium riverfront apartments in Brisbane.

“Residents are now experiencing firsthand the scale, craftsmanship and irreplaceable riverfront position that Monarch offers,” Scriven said.

“Opportunities to secure a brand-new, completed residence on Brisbane’s absolute riverfront are exceptionally rare. Combined with the proven track record of Consolidated Properties Group and Hutchinson Builders, combined with a design vision brought to life by some of Australia’s leading architects and designers, Monarch represents a unique opportunity to purchase a home of enduring quality and prestige.”

Monarch Residences was designed in collaboration with Melbourne-based architect Wardle Studio, alongside leading national practice Cottee Parker, with construction delivered by Hutchinson Builders.

[smartcode_project_cta:default project_id=113455]

Joel Robinson

Consolidated Properties Group sells out Monarch Residences as Brisbane riverfront demand surges

Wickton&nbsp;has sold all six apartments in its low-rise Hampton apartment development, 58 Beach.

<a href="/new-apartments/58-beach-hampton-58-beach-road-hampton">58 Beach</a>, with unonbstructed views to the beach and only 450m from Hampton Station,&nbsp; quickly attracted attention in the market, particularly among downsizers looking to transition from larger family homes. Prices had ranged from $1.65 million to $2.15 million for the large three-bedroom apartments.

[smartcode_project:default project_id=141530 project_image_fid=229655]

&nbsp;

Designed by <a href="/architects/ewert-leaf">Ewert Leaf Architects</a> with landscaping by <a href="/landscape-architect/john-patrick-landscape-architects">John Patrick</a>, the development was carefully crafted to blend the built environment with the natural coastal surroundings, just minutes from Hampton Beach.

The project’s design also emphasised spacious living areas that connect with outdoor spaces, offering wraparound garden courtyards for ground-floor apartments and expansive terraces with uninterrupted views of the bay for those above.

[smartcode_project:default project_id=141530 project_image_fid=229653]

The interiors featured a minimalist aesthetic with high-end finishes, including wide-plank engineered European oak flooring, natural stone plinths, and Swiss V-ZUG appliances.

<a href="/developers/wickton">Wickton</a>, led by property industry veteran Blanco Norton and architect Will Leaf, timed the release of 58 Beach Rd to align with favourable market conditions for downsizers, allowing buyers to secure a property at current prices with the potential for value growth by the project’s completion in December 2024.

The construction is being managed by 2 Moro Group.

The rapid sale of 58 Beach Rd reflects strong demand for premium, well-located properties in <a href="/developments/hampton-vic-3188">Hampton</a>, with its proximity to the beach and the thoughtful design elements that cater to the needs of downsizers.

[smartcode_project_cta:default project_id=141530]

The rapid sale of 58 Beach Rd reflects strong demand for premium, well-located properties in Hampton, with its proximity to the beach and the thoughtful design elements that cater to the needs of downsizers

Wickton sell out boutique Hampton apartment development, 58 Beach

Melbourne developer,&nbsp;M3 Group, has sold out its&nbsp;inaugural townhouse development, 158 Purinuan Rd in Reservoir.

Each of the four townhouses were delivered in just eight months through M3's own inhouse construction team, and were snapped up pre-completion by owner-occupiers who have recently settled on their purchases.

Vincent Mancuso, Director of <a href="/developers/m3-group">M3 Group</a>, said the team are thrilled with the success of <a href="/buildings/158-purinuan-rd-by-m3-group-158-purinuan-road-reservoir">158 Purinuan Rd</a>.

"Our team's dedication to quality and attention to detail has clearly resonated with buyers, and we look forward to continuing this momentum in our future projects."

One of the truest signs of a reputable builder and developer is they deliver on what they've sold. Below is an image of the completed townhouse, which looks identicle to the renders created as part of the marketing through Blair Property's Darren Blair.

<img alt="158 Purinuan Rd by M3 Group" data-entity-type="file" data-entity-uuid="4fb0b30a-899a-4547-b8cd-ea1239afcb8a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/RESERVIOR-8.JPG?VersionId=Z6KmcSa1MfZ374DEKajrI79XEgr4wPDp" />

Darren Blair, Director of <a href="/project-marketer/blair-property">Blair Property Group</a>, said the rapid sell-out and settlement of 158 Purinuan Rd is a clear indication of the market's confidence in M3 Group's ability to deliver high-quality homes.

"We are excited about the upcoming completions and new launches, and we are confident they will continue to meet and exceed buyer expectations."

[smartcode_project:default project_id=142461 project_image_fid=240514]

M3 Group is creating a string of new townhouses in <a href="/developments/reservoir-vic-3073">Reservoir</a>, redefining the townhouse landscape and offering something that's not been delivered before in the suburb north of Melbourne.

They have sold four out of five townhouses in their other Reservoir development 48 Dundee Street, which is set to complete next week, while 69 Hickford St, another four townhouses, is around four weeks out from completion. Only one townhouse remains there too.

&nbsp;

M3 Group is now switching its focus to the neighbouring Preston where they're soon to start construction on four townhouses at 23 Sussex Street, just off Dundas Street and not far from the&nbsp;Preston Activity Area.

[smartcode_project_cta:default project_id=142461]

M3 Group is now switching its focus to the neighbouring Preston where they're soon to start construction on four townhouses at 23 Sussex Street

M3 Group sell out Reservoir townhouses 158 Purinuan Rd before settlement

Noosa's off the plan property market is continuing to show strength due to its limited supply, with the sellout of Malola, a boutique new development in Noosa.

Malolo, 22 townhouses and apartments developed by <a href="/developers/davrus">Davrus</a>, has been designed by <a href="/architects/blackwood-architecture">Blackwood Architects</a>&nbsp;and has recently been completed by&nbsp;<a href="/builders/vantage-building-group">Vantage Building Group</a>.

[smartcode_project:default project_id=134080 project_image_fid=205483]

The townhouses are all two levels, designed with spacious interiors and ample natural lighting.

Each home is equipped with a modern appliance package by Bosch and features Smartstone benchtops and splashbacks, Omnistone tiling throughout, and optional wooden flooring.&nbsp;

The sizeable island bench in the designer kitchen offers flexibility for both formal and informal entertaining, flowing into the living and dining areas and onto the large, light-filled north and east-facing courtyards for some alfresco dining or relaxing.&nbsp;

[smartcode_project:default project_id=134080 project_image_fid=205485]

The four apartments in the development feature open living areas that extend to a private, outdoor patio.

Located within easy reach of Noosa River, Hastings Street, and Noosa Main Beach, Malolo residents will enjoy convenient access to the best of what Noosa has to offer.

[smartcode_project_cta:default project_id=134080]

mikah.m@urban.com.au

Malola Noosa new development sells out

<a href="/developers/m3-group">M3 Group</a> has sold out all of the townhomes at their <a href="/buildings/158-purinuan-rd-by-m3-group-158-purinuan-road-reservoir">158 Purinuan Road</a> development.

The development, which features four two-bedroom townhomes, is nearing completion, with new owners set to move in over the next few weeks.

Each townhome includes two bedrooms, private ensuites, a courtyard, and a single garage.

158 Purinuan Rd blends traditional design elements with contemporary touches, such as feature brickwork and a curated material palette, reflecting the character of Reservoir.

The homes are also designed with sustainability in mind, featuring a minimum 6-star energy rating, rainwater collection tanks, and EV-ready garages.

The development is just steps from Cheddar Road and minutes from the heart of Reservoir, with a short walk to the train station.

158 Purinuan Rd is part of a trio of developments by M3 Group in Reservoir, including projects at <a href="/buildings/48-dundee-st-by-m3-group-48-dundee-street-reservoir">48 Dundee Street</a> and <a href="/buildings/69-hickford-st-by-m3-group-69-hickford-street-reservoir">69 Hickford Street</a>. Each development is located within a few hundred metres of one another.&nbsp;

The Hickford and Dundee St projects have one townhouse left in each. Darren Blair from Blair Property sold out 158 Purinuan, and is handling the sales of the other two projects.

M3 Group sell out Reservoir townhouse development, 158 Purinuan Road

Apartment giant Meriton has officially sold out its Zetland apartment development, Allegra.

Meriton Company Director, James Sialepis, expressed his pride in Allegra's sellout, highlighting Meriton's exceptional track record in the area.

"Meriton has been instrumental in transforming Green Square from its industrial roots into today's thriving town centre, buzzing with life and energy," Sialepis said.

"Our journey in Zetland has been incredibly fulfilling, and with our dedicated team's hard work, we've once again met Sydney's demand for quality housing."

<a href="/buildings/allegra-94-epsom-road-zetland">Allegra</a>, completed last year, comprises a mixture of apartments and townhouses across four buildings on Epsom Road alongside&nbsp;Gunyama Park.

The buildings range from six to 13 levels, with the lower-level apartments offering an outlook of Gunyama Park's lush greenery or the internal landscaped gardens, while the upper-level units offer views of the CBD skyline and the coastline.

[smartcode_project:default project_id=25281 project_image_fid=209639]

<a href="/architects/sjb-architects">SJB Architects</a>&nbsp;designed Allegra which comprises 260 single and dual-level apartments alongside terraced homes and rooftop penthouses.&nbsp;

Apartments feature large living areas extending to private balconies, courtyards, or alfresco terraces, kitchens equipped with BOSCH appliances, bathrooms and ensuites with free-standing baths, internal laundry facilities, and provisions for super-fast broadband and pay TV via fibre optic cabling.

[smartcode_project:default project_id=25281 project_image_fid=209637]

Its strategic&nbsp;location in <a href="/developments/zetland-nsw-2017">Zetland</a>, near the new Gunyama Park Aquatic and Recreation Centre adds to its appeal, providing residents with convenient access to a range of external amenities besides its own.

Residents at Allegra will also have access to various in-house lifestyle amenities and services, including an indoor aquatic centre with a heated pool, spa and sauna, a fully equipped gymnasium, landscaped communal gardens, BBQ pavilions and open lawns, an exclusive resident-only outdoor kids play area, a My parcel Locker system, and dedicated on-site building management.

[smartcode_project:default project_id=25281 project_image_fid=216955]

<a href="/developers/meriton" target="">Meriton</a>&nbsp;was offering its finance assistance,&nbsp;Meriton Property Finance, to Allegra buyers, including a three-year fixed interest rate at 4.75 per cent and up to 90 per cent of the purchase price without a valuation requirement.

Investors were guaranteed a tenant on settlement.

[smartcode_project_cta:default project_id=25281]

Staff Writer

Meriton sell out Allegra Zetland

Brisbane developer and townhouse community specialists Azure has sold out Willow by Azure, its most recent townhouse development in North Lakes.

The 76 terrace-style residences in&nbsp;<a href="/new-apartments/north-lakes-qld-4509">North Lakes</a>&nbsp;in the Moreton Bay Region of Brisbane, have all been snapped up well before construction completion, expected in the second quarter of 2025 under Azure's construction arm <a href="/developers/azure">Azure</a> Build.

Willow by Azure comprises three-bedroom and four-bedroom townhomes tailored for families and residents of all types, located in a gated community within the thriving masterplanned city of North Lakes.

<img alt="Willow by Azure Sold - Living" data-entity-type="file" data-entity-uuid="a9a8d326-0e3e-4e8b-a6e5-5ed5432bf957" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Willow%20by%20Azure%20Living.png?VersionId=8DKBc7rhRgiHllYP_cudZc9ul64T1OuW" />

Each townhouse is characterised by expansive living spaces and ample natural light, accentuated by high-quality finishes and premium materials.

Central to the Willow by Azure's appeal is its array of communal amenities, including a 20-metre pool, yoga lawn, and various lounging zones, all aimed at providing residents with a resort-style living experience.

<img alt="Willow by Azure Sold - Pool" data-entity-type="file" data-entity-uuid="33b0c174-73e9-4264-ab38-affa73cae65d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Willow%20by%20Azure%20Pool.png?VersionId=bPVFzndjQxmc5_jcLoR2SQ_pUVPsnUnu" />

Willow by Azure has 70 per cent of its civil stormwater infrastructure already installed and has reached 65 per cent completion on the retaining walls.

Upcoming plans for the development include the installation of underground electrical systems.

Azure recently <a href="/news/qld/azure-plans-230-townhomes-at-new-rothwell-moreton-bay-site">grabbed a Rothwell site</a>, also in the Moreton Bay Region, where they're planning a 230-home community.

Each townhouse is characterised by expansive living spaces and ample natural light, accentuated by high-quality finishes and premium materials

Azure sell out Willow by Azure townhouse community in North Lakes

Developer Ausdev has secured a sell-out at its Nundah Village apartment development, Eight on Eton, just before construction reaches its completion.

The 47 apartments at <a href="/buildings/eight-on-eton-nundah-8-eton-street-nundah">8 Eton Street</a>, which will sit above commercial spaces, is expected to settle in mid-2024.

[smartcode_project:default project_id=14915 project_image_fid=179524]

Nestled among Brisbane’s most sought-after suburbs like <a href="/new-apartments/clayfield-qld-4011">Clayfield</a> and <a href="/new-apartments/ascot-qld-4007">Ascot</a>, <a href="/new-apartments/nundah-qld-4012">Nundah</a> offers an enviable lifestyle marked by convenience and connectivity. Its proximity to the Brisbane CBD, domestic and international airports, esteemed educational institutions, healthcare facilities, fine dining, boutique shopping, parks, and transport networks positions Eight on Eton as a pinnacle of desirable living.

[smartcode_project:default project_id=14915 project_image_fid=179531]

The project proved popular with downsizers, first home buyers and seasoned investors.

The diversity in apartment options, offering one, two, and three-bedroom layouts, caters to a broad spectrum of residents, while three commercial spaces on the ground floor adds further convenience to future residents.

Project Property Sales handled the marketing of the project

[smartcode_project_cta:default project_id=14915]

The project proved popular with downsizers, first home buyers and seasoned investors

Eight on Eton apartment development sells out before completion in Nundah Village

Renowned South East Queensland developer Mosaic Property Group has sold out its Toowong apartment development, The Prescott, before construction has completed.

<a href="/new-apartments/the-prescott-by-mosaic-toowong-24-28-lissner-street-toowong">The Prescott</a>, on a 2,108 sqm site on Lissner Street on the fringe of&nbsp;<a href="/developments/toowong-qld-4066">Toowong</a>&nbsp;village, comprises 100 apartments across a 14-level building. There were 10 apartments that featured in Mosaic's sought-after Masterpiece Series.

Mosaic partnered with acclaimed design firm <a href="/architects/dko-architecture">DKO</a>, their second collaboration following the rapid sellout of <a href="/buildings/the-mowbray-73-northcote-street-east-brisbane-qld-4169">The Mowbray</a> in <a href="/new-apartments/east-brisbane-qld-4169">East Brisbane</a>. The architectural design incorporates cascading and climbing plants on each facade, creating green spines throughout The Prescott.

Prospective residents of The Prescott can anticipate a lifestyle that takes advantage of Brisbane's subtropical climate with rooftop recreation spaces that include a pool, a gym with a yoga lawn, and multiple dining areas with panoramic views of the Brisbane River, Mount Coot-Tha, and the city skyline.

[smartcode_project:default project_id=107029 project_image_fid=251124]

The design of The Prescott draws on&nbsp;local historical references, particularly architectural detailing and craftsmanship, to bring something refreshing and new to Toowong.

Architecture and materiality are timeless, with a strong emphasis on landscaping, including an abundance of cascading and climbing plants. Seven green spines feature across the building, connecting the ground to the rooftop, breathing life into each facade.

A veiled podium references the nearby Regatta Hotel and surrounding masonry apartment context with the inclusion of breeze blocks.

[smartcode_project:default project_id=107029 project_image_fid=251119]

Mosaic's building arm,&nbsp;<a href="/builders/mosaic-construction">Mosaic Construction</a>, completed the ground-level concrete slab pour last month, a massive task involving 1320 cubic metres of concrete. Weather permitting, the team aims to complete the forming and pouring of the level two slab by the end of March.

<a href="/developers/mosaic-property-group">Mosaic</a>&nbsp;has 11 projects under construction in Brisbane and the Gold Coast, the majority of which are sold out. The Prescott is Mosaic's third apartment development in Toowong, following the successful&nbsp;<a href="/new-apartments/the-patterson-by-mosaic-15-archer-street-toowong">The Patterson by Mosaic</a>&nbsp;and&nbsp;<a href="/buildings/kensington-by-mosaic-36-sylvan-road-toowong">Kensington by Mosaic</a>.

[smartcode_project_cta:default project_id=107029]

Mosaic has 11 projects under construction in Brisbane and the Gold Coast, the majority of which are sold out

Mosaic sell out The Prescott in Toowong

Property developer Traders in Purple has successfully sold out their&nbsp;&nbsp;<a href="/new-apartments/scarborough-qld-4020">Scarborough</a>&nbsp;apartment development, Marin, well before construction completion.

Traders in Purple said the&nbsp;enthusiasm for the unparalleled lifestyle Marin offers has been overwhelming.

"With construction well on track, we can hardly wait to welcome the proud homeowners in early 2025," <a href="/developers/traders-in-purple">Traders in Purple</a> said.

Nestled on the leafy Landsborough Avenue Esplanade, Marin boasts a waterfront location with direct views to the east across Moreton Bay.&nbsp;

[smartcode_project:default project_id=21934 project_image_fid=216925]

Designed by <a href="/architects/ellivo-architects">Ellivo Architects</a>, the mixed-use development features retail on the ground level, including an expansive outdoor dining space set under a green leafy podium that seamlessly combines subtropical and coastal architectural elements.

The eight residential levels above the green base consist of 80 two and three-bedroom apartments.&nbsp;

[smartcode_project:default project_id=21934 project_image_fid=216937]

The gourmet kitchen has a butler's pantry, Miele appliances, and stone benchtops, while the waterfront master suite includes a walk-in robe, an ensuite with a double vanity, and a bath.&nbsp;

Some apartments at Marin include a multi-purpose room, allowing homeowners to create and tailor a personalised space to suit their lifestyle.

Residents will also have access to resort-style facilities, including a swimming pool surrounded by cabana-style day beds, landscaped gardens, and an outdoor BBQ kitchen and alfresco entertaining area.

[smartcode_project:default project_id=21934 project_image_fid=216929]

Marin is strategically located at the northernmost end of the Redcliffe Peninsula, close to beaches, green spaces, and retail outlets, all framed by the iconic Norfolk Pines that grace Landsborough Avenue Esplanade.

Traders In Purple has been a cornerstone of development in the Moreton Bay region for over a decade, with Marin marking their 12th project in the sought-after Moreton Bay Peninsula. The company's in-house construction team will deliver every development stage.

[smartcode_project_cta:default project_id=21934]

Traders in Purple's in-house construction team will deliver every development stage.

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