New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

[smartcode_project:default project_id=5743 project_image_fid=953]

Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

[smartcode_project:default project_id=5743 project_image_fid=925]

Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

[smartcode_project:default project_id=5743 project_image_fid=5374]

The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

Joel Robinson

The apartment price gap drawing Sydney buyers west

A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

The long-planned transformation of Brisbane's historic Shafston Estate has taken another major step, with Capella Hotel Group announced as the luxury hospitality partner behind what will become Brisbane's first branded residences.

The project, to be known as Capella Residences Brisbane, is being delivered by Verso Projects at the landmark Kangaroo Point riverfront estate, with completion targeted for 2029.

The announcement follows a series of planning changes to the project over recent years. The site was originally approved in 2023 for a 15-level, 37-apartment development designed by Rothelowman for Burgundy Group before Verso Projects took over the 10,070 sqm riverfront holding and lodged revised plans with Kerry Hill Architects to increase the development to a 25-level tower with 51 apartments.

The latest announcement confirms Capella Hotel Group will bring its branded residential offering to the project, marking just the second Capella Residences development globally after Seoul, and the group's first branded residential project in Australia.

The <a href="https://www.apartments.com.au/new-apartments/23-castlebar-street-kangaroo-point-qld-4169">Castlebar Street development</a> will centre around the restoration of the heritage-listed Shafston House, one of Brisbane's oldest residences, originally constructed in 1851 by Reverend Robert Creyke as a single-storey cottage known as Ravenscott.

<img alt="Capella" data-entity-type="file" data-entity-uuid="2b9f4ce5-638f-4d6b-8082-3ca7e4b75fca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-09%20at%207.20.41%E2%80%AFAM.png?VersionId=f7aeqsW_DzOJI4FymWb3lD8NptSfsP7q" />

Capella said the project aligns with its focus on heritage-led developments, with the Brisbane estate combining the restored historic residence with a new luxury apartment tower and hospitality-inspired resident amenities.

Residents will have access to the Capella Living Room, a concierge-led communal space inspired by the group's luxury hotels, alongside landscaped gardens, six swimming pools, wellness and recreation facilities.

The broader estate will also include two riverfront homes, a six-berth private marina, porte cochère arrival experience, secure basement parking and a new section of public riverwalk along the Brisbane River frontage.

The heritage Postal Depot Building will also be retained and repurposed as a guest house, in line with the revised development plans.

The project represents another evolution for the site, which Kerry Hill Architects previously described as a rare opportunity to restore one of Brisbane's most significant heritage estates while creating a new benchmark for apartment living.

"The Shafston Estate provides a once-in-a-generation opportunity to restore one of Brisbane's finest heritage precincts and to reinstate residential use as a unique site perched on the edge of Kangaroo Point," Kerry Hill Architects said in its Urban Context Report accompanying the planning submission.

"The project will celebrate excellence in sub-tropical residential design, setting a new benchmark for vertical living in Brisbane."

Verso Projects, which now has an $8.5 billion development pipeline spanning more than 6,000 dwellings across apartments, townhouses, retail and commercial projects, said the partnership with Capella would elevate the development beyond a traditional residential project.

"We feel honoured to be restoring Shafston Estate to its former glory, elevating it to new heights of luxury and excellence underpinned by Capella's distinctive service ethos and design philosophy, and making it a standout landmark in Brisbane," Verso Projects CEO Steve Laffey said.

"By partnering with Capella, globally recognised for its refined approach to luxury hospitality and deep respect for cultural and historical context, we will elevate this project beyond a residential offering into a world-class destination."

Capella Hotel Group President Roland Fasel said Brisbane's emergence as a global city made it the right location for the company's Australian residential debut.

"Brisbane is a city on the cusp of something remarkable, and Capella Residences is our commitment to being part of that story," Fasel said.

"The Capella residential experience is more than luxury. It is about a sense of belonging to a place with deep meaning."

Private appointments have now opened for the project, with a display suite expected to open in late 2026 ahead of the planned 2029 completion.

Capella to launch Brisbane's first branded residences at Shafston House, Kangaroo Point

Lewis Land's latest apartment release within its <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan is targeting one of the Gold Coast's fastest-growing buyer groups, with almost a third of apartments at Solis priced below $1 million.

The seven-storey building at Biggera Waters will comprise 91 apartments, including 24 one-bedroom residences starting from $778,000, a price point Lewis Land says is aimed squarely at first home buyers struggling to enter the Gold Coast market.

<img alt="Harbour Shires" data-entity-type="file" data-entity-uuid="e7486e37-22f6-4c92-b212-9b0622070b8f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.34%E2%80%AFAM.png?VersionId=W8MJwJUCf6HkIyl_EVSksnd.QI6MZryY" />

<a href="https://www.apartments.com.au/developers/lewis-land-group">Lewis Land</a> Head of Development Michael Long said the developer deliberately allocated a significant proportion of the project to more affordable apartment types.

"First home buyers have been priced out of many parts of the Gold Coast, and we saw a clear opportunity to address this and play our part in a longer-term housing solution," Long said.

"That's why 24 of the 91 apartments being delivered at Solis have been designed and priced for the city's next generation of homeowners, quality one-bedroom apartments, half of which include an additional multipurpose room to maximise space and flexibility.

"This approach places 30 per cent of apartments in Solis under $1 million, and with close proximity to Harbour Town's future light rail extension connecting residents to the city's major employment and knowledge hubs, it's a win for buyers looking to secure their first property."

<img alt="Sores" data-entity-type="file" data-entity-uuid="550526d3-73ba-4710-9739-c5f4294a30ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.29%E2%80%AFAM.png?VersionId=cQQdXHt9wS0UXwZEm5Py5bH_3kAmzyhu" />

Designed by BDA Architecture, Solis will deliver a mix of one, two and three-bedroom apartments, with residences ranging up to 232 sqm. Apartments feature generous balconies and contemporary finishes, while residents will have access to Harbour Shores' lagoon pool, clubhouse, tennis court, gym, yoga studio and sauna.

The focus on first home buyers resonated with purchaser Holly Humphreys, who said she and her boyfriend spent more than a year searching for their first property before shifting their attention from houses to apartments.

"We fell in love with the first house we bid on and got our hopes up, but after repeated knockbacks we learned not to get too attached," Humphreys said.

"We offered at the high end of price guides, but sales kept going even higher. That's where we really struggled and we needed to re-evaluate our budget and our expectations. Standalone houses were off the table, and we pivoted to apartments and townhouses."

Humphreys said it was encouraging to see developers recognising the growing demand from first home buyers.

"There's a growing number of young buyers looking to enter the market earlier because they understand that getting in now can make a real difference as prices continue to rise," she said.

"It's fantastic to see a developer recognise this and then actively take measures to deliver an apartment with us in mind."

Solis is the first development planned within the second stage of the Harbour Shores masterplan, with early works expected to commence in September 2026.

[smartcode_project_cta:default project_id=113271]

Lewis Land targets first home buyers at latest Harbour Shores release, Solis

Luxury apartment developer Abadeen has recorded $19.25 million in apartment sales across two of its Lower North Shore developments in the lead-up to the end of the financial year, headlined by the sale of a $6.75 million penthouse at <a href="https://www.apartments.com.au/buildings/koyo-crows-nest-5-rodborough-avenue-crows-nest-nsw-2065">KOYO in Crows Nest.</a>

The transactions also included the sale of a newly completed three-bedroom apartment at <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences in Cremorne</a> for $6.35 million, with the residence selling shortly after the project's first public inspections following completion.

The sales come as completed, owner-occupier-focused apartments continue to attract strong demand across Sydney's Lower North Shore, particularly from buyers looking for certainty and immediate occupancy.

The penthouse at KOYO spans 491 sqm across a single level and was designed by architect Koichi Takada. The development is one of Abadeen's flagship boutique projects in Crows Nest.

[smartcode_project:default project_id=108800 project_image_fid=370093]

Abadeen Executive Chairman and Founder Justin Brown said buyer activity lifted noticeably in the lead-up to the end of the financial year.

"We saw a clear increase in enquiry levels, inspection numbers and buyer engagement across our completed projects leading into the end of the financial year," Brown said.

"Buyers have become far more decisive over the past six months. The combination of improving confidence, limited supply and the ability to physically inspect completed residences is creating strong competition for premium apartments in the best locations."

Brown says the&nbsp;response to Park Residences following completion has been particularly strong.

"Buyers want certainty and are responding positively to the opportunity to walk through a finished product, inspect the quality firsthand and move in immediately," Brown suggested.

"Projects such as Park Residences and KOYO demonstrate that when the product is exceptional and the location is irreplaceable, buyers are prepared to act quickly."

[smartcode_project:default project_id=114246 project_image_fid=370116]

Abadeen CEO Joe Tack said quality continued to differentiate projects in the current market.

"Today's buyers are incredibly discerning," Tack said.

"They are seeking larger floorplans, premium finishes, walkability, lifestyle amenity and confidence in the developer delivering the project. Well-designed boutique developments continue to outperform because they offer something genuinely difficult to replace.

"The enquiry we are seeing across our completed and recently completed Lower North Shore portfolio is very encouraging, and we expect this momentum to continue into spring."

The sales follow increased enquiry across Abadeen's Lower North Shore portfolio which also includes <a href="https://www.apartments.com.au/buildings/northcote-collective-naremburn-2-northcote-street-naremburn-nsw-2065">Northcote Collective in Naremburn</a> which also completed recently.

KOYO penthouse headlines Abadeen's $19.25 million EOFY sales flurry

Brisbane Apartments

Brisbane apartment values continued to grow over September, figures from the property data firm CoreLogic found.

In their monthly index, CoreLogic found that Brisbane values rose 0.6 per cent over September.

It was a return to a normal growth pattern for Brisbane, following a 1.4 per cent growth spike over August. Prior to the spike, there were 0.8 per cent gains in July and 0.7 per cent gains in June.

The 2.8 per cent rolling quarterly gains, more than double the gains seen in Melbourne, see values 8.3 per cent higher than at the start of 2021.

Back then the median value was $390,000. Now it&#39;s $430,000.

The price gap between houses and units in Brisbane however has widened, with Brisbane&#39;s median house price standing at $709,000, around $280,000 higher than the median apartment price.

New listings in Brisbane are slowly on the up ahead of the traditional listing increase in spring. The same can be said for Adelaide, Perth and Hobart, however the trend remains weak in the locked-down&nbsp;Sydney, Melbourne and Canberra.

Queensland has benefitted from record low vacancy rates, with southern state dwellers heading north during the pandemic over 12 months ago.

The June 2021 quarter data from the Real Estate Institute of Queensland showed that nearly&nbsp;two thirds of local government areas in Queensland recorded their lowest or equal lowest residential vacancy rates since 2010.

Of the 35 local government areas, 20 saw their vacancy rates tighten, 10 remained static and five saw them slightly rise in the June quarter.

Brisbane&rsquo;s vacancy rate dropped from 2.1 per cent&nbsp;to 1.7 per cent&nbsp;from the previous quarter. The Gold Coast&rsquo;s remained static at a tight 0.6 per cent&nbsp;and the Sunshine Coast&rsquo;s was slightly higher, from 0.5 per cent&nbsp;to 0.6 per cent.

<h2>Urban&#39;s top Brisbane projects</h2>

1. Trellis, South Brisbane

[smartcode_project:default project_id=108278 project_image_fid=173596]

Aria Property Group are a decorated Queensland developer who have continued to improve sustainability across their South East Queensland residential apartment developments with their&nbsp;newest tower, Trellis.

Described as both the most sustainable and livable to date, all 110 of the two and three bedroom apartments in the 12 story building&nbsp;have been designed by Rothelowman.

Reminiscent of an urban retreat, Trellis reflects a new style of resort living with 1,119 sqm of recreational amenity across the Temple of Wellness on the ground floor and the Residents&rsquo; Rooftop Club on level 13.&nbsp;

Apartments in Trellis start from $739,000 for a two-bedroom,&nbsp;two-bathroom apartment. Three-bedroom apartments are priced from $1,084,000 to $1,224,000.

2. Bide, Newstead

[smartcode_project:default project_id=102309 project_image_fid=163979]

Bide is the latest Newstead residential offering by Dibcorp Properties. It has been designed in collaboration with architects from Twohill &amp; James, Lat27 and Wiltshire Stevens Architecture.

It presents a new way of inner-city-living, with a range of special inclusions and an urban green space exclusively for residents to relax, unwind and even work from home.

Bide comprises 89 spacious one, two and three-bedroom apartments just three kilometres from the CBD.

Two-bedroom apartments start from $635,000.

3. Silk Lane, Woolloongabba

[smartcode_project:default project_id=107345 project_image_fid=172022]

Silk Lane&nbsp;will give residents the best seats in the house when the sporting arena is back in a post-lockdown world.

The building&rsquo;s architectural fa&ccedil;ade, designed by&nbsp;Nettleton Tribe Architects, draws inspiration from the angular shapes of metal structure incorporated in the neighbouring Brisbane cricket ground, The Gabba.&nbsp;The appropriately named Skystand will look over the wicket for The Ashes, and the main hub of the 2032 Brisbane Olympic track and field events.

Developed by Sarazin, Silk Lane will home&nbsp;306 one, two and three-bedroom apartments.

Prices start from $449,000.

4. Rivello, Hamilton

[smartcode_project:default project_id=102922 project_image_fid=171473]

There&#39;s only a handful of apartments left at Rivello, the luxury apartment development by Brookfield Properties in Hamilton.

The 21-level building designed by&nbsp;Cottee Parker Architects has netted over 80 per cent of sales of the block of 150 apartments.

Brookfield Residential&nbsp;Properties&rsquo; Managing Director, Lee Butterworth, said buyers had responded well to Rivello.

&ldquo;There is certainly significant demand for Brisbane property in the current market and buyers recognise Rivello represents a rare opportunity to purchase a new apartment in a building on the Brisbane River,&rdquo; he said.

&nbsp;

The 2.8 per cent rolling quarterly gains, more than double the gains seen in Melbourne, see values 8.3 per cent higher than at the start of 2021

Brisbane apartment insights: What happened to Brisbane apartment values in September?

The Melbourne-based developer, Goldfields, are expanding in to Brisbane.

Their first project, a joint venture with Icon Development Australia, will be in Milton, the riverside suburb in the inner western ring of the city. They&#39;ve submitted plans for a 20-level tower designed by Rothelowman at&nbsp;29-35 Manning Street, a combination of the two lots totalling 3,511 sqm.

Goldfields Chief Executive, Lachlan Thompson, told Urban that the time was right to go in to the Brisbane apartment market.

&ldquo;As a national property developer, we are constantly looking for areas that offer strong development potential and we were impressed with Milton&rsquo;s amenity and connectivity to all things lifestyle related,&quot; Thompson said.

&quot;We are of the strong opinion that Milton, as a suburb, is on the cusp of significant capital value growth due to limited supply and its proximity to the bustling Park Street retail strip.

<img alt="" height="818" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/29-35_manning_st_milton_4.jpg" width="1200" /> 
The 20-level tower draped in landscaping. Image credit: Rothelowman

Rothelowman say the proposed 131-apartment building is a&nbsp;homage to the vernacular intelligence of the traditional Queensland Home.

&quot;The Queensland Home, with its wide verandahs and eaves, is a perfectly adapted architectural response to the local climate,&quot; Rothelowman advised in their plans submitted to the Brisbane City Council.

&quot;Our approach aims to capture the open friendliness of the traditional Queensland Home, a characteristic born of the warmer regions of Australia.

&quot;It is aiming to reflect and acknowledge the semi-outdoor lifestyle, a unique expression of the way people have adapted to their environment.&quot;

<img alt="" height="737" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/29-35_manning_st_milton_5.jpg" width="1200" /> 
The apartments are oriented to take advantage of river and city views. Image credit: Rothelowman

Oriented to maximise the eastern aspect and minimise north-west exposure, the building responds&nbsp;directly to its immediate urban context, while also celebrating the views of Brisbane CBD and the Brisbane River.

There will be 14 one-bedroom apartments, 91 two-beds, 16 with a multipurpose room, 18 three-bedroom apartments and eight four-bedders, located across the top two levels.

The tower&rsquo;s floor plate maximises both the eastern and southern aspect, river and city views from the apartments.

The building will be crowned with Sky Terrace, a generous recreational space for&nbsp;residents featuring a swimming pool, outdoor kitchen and&nbsp;dining area.

<img alt="" height="734" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/29-35_manning_st_milton_3.jpg" width="1200" /> 
The proposed rooftop Sky Terrace. Image credit: Rothelowman

Landscaping is a big feature, with FORM&nbsp;Landscape Architects installing&nbsp;vertical greenery on the podium and on the rooftop.&nbsp;&nbsp;

Thompson says the apartments will appeal to young professional in particular.

&quot;This includes the &ldquo;three day a week owner occupiers&rdquo; that split their time between the Sunshine Coast and inner-city Brisbane, but don&rsquo;t want to compromise on quality or safety, as well as strategic investors,&quot; Thompson said.

<img alt="" height="732" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/29-35_manning_st_milton_roof.jpg" width="1200" />

Goldfields entered the Queensland market four years ago with a $350 million, 1,000 lot master-planned community in Ripley, in Ipswich.

Next the company will be announcing a&nbsp;mixed-use acquisition in East Elimbah that will, in time, deliver over a billion-dollar multi sector development.

&quot;We have been hungry to grow and further diversify our presence here with built-form opportunities within the inner suburbs of Brisbane,&quot; Thompson said.

As we continue to build our Queensland portfolio, we are considering a number of development opportunities from Brisbane to the Sunshine Coast and look forward to making further announcements in the near future.&rdquo;

Goldfields also have a presence in Sydney, having recently launched The Livingstone, a collection of townhouses in Sydney&#39;s affluent Pymble.

[smartcode_project_cta: project_id=108736]

Rothelowman say the new 131 apartment building is a homage to the vernacular intelligence of the traditional Queensland Home.

Melbourne developer Goldfields take first step in to Brisbane

South Brisbane is set for a new apartment tower.

The plans for the site at 9 Overend Street and 31-33 Wellington Road have been lodged to the Brisbane City Council by company&#39;s linked to the local Bitomsky family, headed by family patriarch, the Brisbane lawyer turned developer Greg Bitomsky.

They&#39;ve had Rothelowman design the 18-level tower, complete with rooftop terrace and set in&nbsp;landscaping by Aspect Studios.

&quot;The landscape vision of 9 Overend St &amp; 31-33 Wellington Rd aims to create a high quality public realm that reflects its landmark location and responds to Brisbane&rsquo;s subtropical climate by providing shade and shelter, fine grain active edges and passive surveillance of the street,&quot; Rothelowman advised in their architecture plans.

<img alt="" height="1351" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/overend_2.jpg" width="1200" />

There will be 181 apartments across the building, made up of 60 one-bedroom apartments, 13 of which come with a multi-purpose room, 101 two-bedroom apartments and 20 three-bedroom apartments.

The rooftop will feature an open pergola structure, a swimming pool with deck, a dining space with a barbecue and a lawned area with gardens.

&quot;The landscape design will respond to it&rsquo;s vertical village of inhabitants and add to the quality of life and well-being of the community,&quot; Rothelowman advised.

&quot;Tapping into the existing rich urban grit of Woolloongabba&rsquo;s local history, industry &amp; local culture craftsmanship, the development will contribute to the next wave of renewal for the precinct.&quot;

<img alt="" height="1001" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/overend_3.jpg" width="1200" />

The Overend project will also revitalize the streetscape. The lower mezzanine will feature work from home space, while there will be a new laneway with a collection of studios, workshops and&nbsp;collaboration zones, set within a landscaped setting.

Aspect Studios, who are handling the landscaping, called the development a vertical village that&nbsp;responds to it&rsquo;s inhabitants and the urban scale and takes advantage of the local subtropical climate.

&quot;The palette of raw materials with a reliance on brick, granite, concrete, timber and corten will create a simple and strong &lsquo;materiality&rsquo; for Overend &amp; Wellington,&quot; Aspect&#39;s submission read.

&quot;The public realm will generally focus on utilizing hard wearing materials which provide longevity in robustness and aesthetics.

&quot;The use of brick, granite, timber and corten within the landscape will reflect the historic industrial materiality of the Woolloongabba precinct.

&quot;In addition, the curated use of feature recycled &lsquo;found&rsquo; artifacts and salvaged materials will contribute towards cultural &lsquo;grit&rsquo; of the space as a place for makers.&quot;

"The landscape design will respond to it’s vertical village of inhabitants and add to the quality of life and well-being of the community," Rothelowman advised

Rothelowman-designed apartment tower set for South Brisbane

The Brisbane-based Aria Property Group has won two awards at the 2021&nbsp;QLD Master Builders Award for its West End apartment development, Tree House.

Tree House, designed by Rothelowman, won the overall&nbsp;2021 QLD Master Builders Award for Residential (Regional), as well as the award for residential high-rise building over $20 million.

The development of 90 apartments was inspired by the leafy and tranquil suburb of West End, taking cues from Davies Park with over sixty mature trees are integrated throughout the development, to deliver a living and breathing urban forest.

Aria has had further success with one of their recently completed apartment projects.

The popular South Brisbane tower, The Standard, located in the heart of the Fish Lane arts precinct, has seen off the plan investors sell their apartments, secured before construction was complete, for between 10 per cent and 38 per cent higher than what they paid, with owner-occupiers showing the greatest keenness.

Investors who have held on to their apartments are&nbsp;also seeing&nbsp;strong 5.48 per cent rental yields throughout the building.

ARIA&#39;s latest development is Trellis, the Rothelowman-designed 12-level apartment block at 20 Edmonstone Street, also in South Brisbane.

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The development of 110 two and three-bedroom apartments is located&nbsp;adjacent to Musgrave Park,&nbsp;one of Brisbane&rsquo;s oldest and most iconic parklands.

ARIA say Trellis is one of their most liveable apartments to date, featuring three metre high ceilings, Miele appliances, operable glazing and a number of sustainable features.

Reminiscent of an urban retreat, Trellis reflect a new age of living, with work from home spaces and cross flow ventilated corridors.

[smartcode_project:default project_id=108278 project_image_fid=173597]

Trellis also has some of the highest resident amenity ARIA have offered, with&nbsp;1,119 sqm&nbsp;of recreational amenity across the Temple of Wellness on the ground floor and the Residents&rsquo; Rooftop Club on level 13.

Completion is slated for mid-2023 
 
Aria Property Group has been awarded Australia&#39;s best high-density developer in 2017, 2018 and 2019.

[smartcode_project_cta: project_id=108278]

ARIA's latest development is Trellis, the Rothelowman-designed 12-level apartment block at 20 Edmonstone Street, also in South Brisbane

Aria Property Group win Master Builders awards for West End apartments Tree House, launch Trellis at South Brisbane

The New Farm apartment development Arcilla, a collaboration between architect-turned developer Joe Adsett and&nbsp;Craig Purdy of Purdy Developments, has been given the green light by the Brisbane City Council.

Arcilla, a boutique $30 million block of just nine apartments in the&nbsp;prestigious cul de sac of Maxwell Street, draws inspiration from the character Spanish mission architectural styles which pervade the local streets of New Farm.

&ldquo;In our search for inspiration we chose the language of the Spanish Mission architectural style which is adored by many for its unique and beautiful architectural details like the fluted terracotta roof tiles and iconic arches,&quot; Adsett says.

Neville Court, the&nbsp;Spanish Mission heritage residence designed in 1936 by the prominent interwar architects Chambers and Ford, sits next door.

The project&nbsp;name,&nbsp;Arcilla,&nbsp;is&nbsp;a Spanish word meaning terracotta.

<img alt="" height="899" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/arcilla_new_farm_2.jpeg" width="1160" />

&quot;We took one of the red roof tiles and have used this shape as the mold for the concrete on the fa&ccedil;ade of the building and we will be adding terracotta accents to the mix of the concrete to achieve the beautiful coloring on the sun exposed faces of the building,&quot; Adsett added.

&quot;I am most excited about the structural concrete columns which curve and become the ceiling. It&rsquo;s a design language we can continue to refine across our portfolio of projects. With the Olympic spotlight upon Brisbane its important we design our boutique buildings to be unique and speak the language of Brisbane&rsquo;s place and identity.&rdquo;

Arcilla, at 28 Maxwell Street, will span five-storeys and will have&nbsp;eight three bedroom apartments and one four bedroom apartment, which will span the whole of the top level.&nbsp;

The 845 sqm Maxwell St block was bought for $4 million. It had an old four-storey apartment building on the property.

Craig Purdy said as a group, their&nbsp;focus is upon developing boutique buildings and delivering oversized apartments to targeted buyers who are seeking a genuine alternative to a house in the inner city.

&quot;Apartments of this size have historically been reserved for riverfront locations however we believe there is an increasing market for those buyers seeking lifestyle and good design in a premium location with river and city views from most residences.

<img alt="" height="1701" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/arcilla_2.jpg" width="1200" />

&quot;The response to our projects has been overwhelming and with the oversubscribed demand for every project we continue to search for great opportunities in which to develop our next offering to an undersupplied market.&rdquo;

Arcilla&nbsp;is the second development by the pair, following on from the success of the 16-apartment development Botanic, also in New Farm, which sold out in February this year. Botanic is now in the final stages of construction.

The project name, Arcilla, is a Spanish word meaning terracotta

Joe Adsett-designed New Farm apartment development Arcilla gets approval

Brisbane apartment values surged over August, jumping 1.4 per cent, according to the monthly update from property data firm CoreLogic.

It was the Queensland capital&#39;s best performing month in 2021 and took the rolling quarterly gains to 1.6 per cent,&nbsp;following&nbsp;0.8 per cent gains over July and 0.7 per cent in June.

Values are now 7.7 per cent higher than they were at the start of 2021, when the median apartment price was $390,000. Now it&#39;s $425,000, CoreLogic calculate.

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The price gap between houses and units in Brisbane however has widened, with Brisbane&#39;s median house price standing at $691,000, around $270,000 higher than the median apartment price.

New listings in Brisbane are slowly on the up ahead of the traditional listing increase in spring. The same can be said for Adelaide, Perth and Hobart, however the trend remains weak in the locked-down&nbsp;Sydney, Melbourne and Canberra.

[smartcode_project:default project_id=7879 project_image_fid=81519]

Queensland has benefitted from record low vacancy rates, with southern state dwellers heading north during the pandemic over 12 months ago.

The June 2021 quarter data from the Real Estate Institute of Queensland showed that nearly&nbsp;two thirds of local government areas in Queensland recorded their lowest or equal lowest residential vacancy rates since 2010.

Of the 35 local government areas, 20 saw their vacancy rates tighten, 10 remained static and five saw them slightly rise in the June quarter.

Brisbane&rsquo;s vacancy rate dropped from 2.1 per cent&nbsp;to 1.7 per cent&nbsp;from the previous quarter. The Gold Coast&rsquo;s remained static at a tight 0.6 per cent&nbsp;and the Sunshine Coast&rsquo;s was slightly higher, from 0.5 per cent&nbsp;to 0.6 per cent.

[smartcode_project:default project_id=21132 project_image_fid=33504]

Around Greater Brisbane, Ipswich stayed at one per cent, Logan slightly tightened from 1.1 per cent&nbsp;to one per cent&nbsp;while Moreton Bay remained the same at a low 0.7 per cent. Redland was tight at 0.5 per cent, falling from 0.6 per cent, while the Scenic Rim dropped from 0.8 per cent&nbsp;to 0.7 per cent.

REIQ&nbsp;chief executive Antonia Mercorella said the perfect storm of conditions thrown up by COVID-19 appeared to still have their grip on vacancy rates in the Sunshine State.

&ldquo;It seems the COVID-19 phenomenon of people moving to the regions for lifestyle purposes is still having an effect on vacancy rates,&rdquo; Mercorella said.

&ldquo;With more people taking the opportunity of working remotely and not having to commute regularly to their offices, they are succumbing to the lure of moving to a region where they can enjoy a sea or tree change lifestyle.

&ldquo;This could be reflected in regions around Brisbane such as the Gold and Sunshine Coasts and even further afield, where people can work remotely and commute to the capital city when necessary.

&ldquo;The lifestyle motivation is strong interstate, with people seeking an escape to Queensland from the southern states. According to the Australian Bureau of Statistics (ABS), Queensland recorded a net gain of 9800 interstate migrants in the December quarter &ndash; the highest of any state or territory.

[smartcode_project:default project_id=102309 project_image_fid=163977]

&ldquo;Greater Brisbane also recorded the highest net internal migration rate of any capital city in the December quarter &ndash; with 4800 arrivals. By comparison, Sydney and Melbourne lost 9300 and 8500 people respectively. In terms of overseas migration, half a million Australian expats have returned since the pandemic began.

&ldquo;In central and northern Queensland, a ramping up of the resources industry and a recent revival of tourism&rsquo;s fortunes (at least until the current interstate lockdowns) could be attracting workers to these regions, putting pressure on vacancy rates.&rdquo;

Mercorella said while owner-occupiers had been dominant in the residential property sales market, investors were becoming more active.

&ldquo;In May according to the ABS, the number of new housing loans taken out by investors rose 13.3 per cent to $9.1 billion &ndash; the highest amount seen since June 2015.

&ldquo;A return of investors to the market will likely increase the number of rental properties available and reduce pressure on vacancy rates, potentially providing some relief for those struggling to find a rental.&rdquo;

Queensland has benefitted from record low vacancy rates, with southern state dwellers heading north during the pandemic over 12 months ago

What happened to Brisbane apartment values over August?

An inner-city residential suburb, transport hub, industrial precinct, and world-famous sporting ground, Woolloongabba is many things rolled into one.

It has a long history of occupation and development, but is now poised for new prominence as an Olympic destination in 2032.

And to take advantage of the future infrastructure is Silk Lane, the apartment development that will rise high above The Gabba, the hub of the Olympic Ganes.

Woolloongabba however was not always the melting pot that it is today.

University of Queensland associate professor in history, Geoff Ginn, shares the history of the suburb.

<h2>A Meeting Place</h2>

Before the onset of British colonial development in the 1820s, the Aboriginal people of the Turrbal and Jagara clans knew the place as Woolloon Capemm meaning &lsquo;place of whirling water&rsquo;, a name that reflected the abundant waterholes, swamps and creeks in the area, said associate professor Geoff Ginn.

Ceremonial places included a bora ground on top of Woolloongabba Hill, at the site now occupied by Holy Trinity Church in Hawthorne Street, and two &lsquo;pullen pullen&rsquo; grounds for ceremonial fighting nearby.

[smartcode_project:default project_id=107345 project_image_fid=172022]

&ldquo;In 1824, the founding of the Moreton Bay penal settlement heralded the beginning of the European presence in Queensland and the displacement of the First Australians in the area&rdquo;, Ginn continued.

In an attempt to achieve self-sufficiency, convicts in the fledgling settlement cleared and cultivated the south bank of the Brisbane River.

Known as &lsquo;One Mile Swamp&rsquo;, this area had isolated houses and farm dwellings in the 1840s through to the 1850s, when allotments were surveyed and sold.

<figure><img alt="" class="image-article-full-width-580px" height="375" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2021-08-26_at_12.54.37_am.png?itok=gP2p_Jns" title="Woolloongabba Fiveways traffic in 1955" width="580" />

<figcaption>Woolloongabba Fiveways traffic in 1955</figcaption>
</figure>

As the European settlement of Brisbane gathered pace in the 1860s-1880s, most of the southerly traffic from Ipswich Road and Logan Road converged at the site, at the intersection with Stanley Street and Main Street through Kangaroo Point to create the famous &lsquo;Gabba Fiveways&rsquo;.

&ldquo;It wasn&rsquo;t until the 1870s that the name of Woolloongabba was officially used.&rdquo;

A tram service drawn by horses was active after 1885, with electric trams after 1897. After 1895, these brought crowds to football and cricket matches at the recreation reserve later named the Brisbane Cricket Ground.

A major railway station and goods yard appeared at the site and the surrounding industrial areas as streets rapidly filled up with workers cottages and small timber &lsquo;Queenslanders&rsquo;.

A few local landmarks from this period included Woolloongabba Post Office, the Princess Theatre and many hotels in prominent positions at road intersections.

&ldquo;There were also churches and other centres associated with distinct immigrant communities such as the Deutscher Turnverein (now German Club) established in the mid-1880s, the nearby Russian Orthodox Church&rdquo;, Ginn said.

<figure><img alt="" class="image-article-full-width-580px" height="377" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2021-08-26_at_12.54.44_am.png?itok=a71ZJC_1" title="International cricket match at the Gabba in 1931" width="580" />

<figcaption>International cricket match at the Gabba in 1931</figcaption>
</figure>

By this time, with vehicles, trams, and trains filling its streets and footpaths crowded with shoppers and workers, Woolloongabba had assumed its modern form.

<h2>Local Amenities</h2>

[smartcode_project:default project_id=107345 project_image_fid=172025]

Now an energetic place of work, transport, leisure and community, Silk Lane residents are offered convenient local amenities that dot the suburb.

The apartments are in close proximity to Queensland University of Technology and Torrens University, as well as secondary schools including Anglican Church Grammar School and St Laurence&rsquo;s College.

Other local amenities include the soon-to-be-completed Cross River Rail station, The Gabba, Gabba Central shopping centre, Deshon Street Park and Brisbane City Indoor Sports centre.

[smartcode_project_cta: project_id=107345]

University of Queensland associate professor in history, Geoff Ginn, shares the history of the Brisbane suburb

max.kwok_55688

The history of Woolloongabba: From isolated houses and farm dwellings to the home of the Olympic Games

The ASX-listed developer Mirvac has started work on their $180 million Brisbane apartment tower, Quay Waterfront Newstead, part of its $1 billion Waterfront community.

Queensland Treasurer and Minister for Investment, Cameron Dick,&nbsp;joined Mirvac General Manager Build to Rent, Angela Buckley, and Mirvac General Manager Residential Queensland, Warwick Bible, to turn the first sod on the buildings.

The 25-level Quay Waterfront has already secured 70 per cent of its 143 riverside apartments, with prices starting from $475,000.

It will feature a luxury rooftop pool and entertainment area, exclusive shared dining room, wine room and ground-floor yoga studio, gym and wellness rooms. Construction is also anticipated for completion in early 2024.

[smartcode_project:default project_id=90553 project_image_fid=147609]

More than half the site area of Quay will be dedicated to open space, injecting more than 2,000 sqm of parkland to expand Waterfront Park.&nbsp;

Mirvac has also commenced construction on LIV Anura, their dual-tower $270 million built-to-rent project in the same precinct. It is set to be one of the first large-scale built to rent projects in Brisbane when completed in early 2024.&nbsp;

LIV Anura will contribute more than 1,000sqm of retail and deliver a new cross block linkage connecting Skyring Terrace and Festival Place for easy pedestrian access to the parkland and riverfront.

The development, which is being delivered in partnership with the Queensland Government as part of its Build to Rent Pilot Project, will have 395 apartments exclusively for renters, including 25 per cent for key workers, across the 23 level and 25 level buildings.

[smartcode_project:default project_id=90553 project_image_fid=147607]

The development will feature a dedicated community team, a suite of sustainability initiatives including 100 per cent renewable energy to all apartments and car, bike, scooter and E-bike share, and an entire level dedicated to facilities, such as a cinema, games room, yoga studio, gym, pool, co-working spaces and a pet park.

Mirvac General Manager Residential Queensland, Warwick Bible, said LIV Anura and Quay were the next transformative chapters in the mixed-use Waterfront Newstead community, which Mirvac had been delivering for two decades.

&ldquo;When we completed the first stage of Waterfront Newstead, Pier, in 2011 we spearheaded the urban renewal of Newstead and LIV Anura and Quay follow that proud legacy,&rdquo; Bible&nbsp;said.

&ldquo;The two projects complement each other, providing a range of new opportunities to live in this fantastic location, with our Quay apartments setting a new standard for holistic riverside living.

&ldquo;Quay is designed to make a statement with a bold organic architecture and lush landscaping spilling from its balconies, while inside residents enjoy refined interiors and stunning Brisbane River views.

[smartcode_project_cta: project_id=90553]

The 25-level Quay Waterfront has already secured 70 per cent of its 143 riverside apartments.

Construction starts at Mirvac's Quay Waterfront apartments in Brisbane's Newstead

The Brisbane billionaire John Van Lieshout has paid $5.7 million for a Newstead apartment development site.

The 1821sq m site at 14 Maud Street has approval for a nine storey residential tower with 52 apartments.&nbsp;

It will be integrated with the old Federal Boot Factory on its heritage 1012 sqm lot, with the retention and adaptive reuse of the Goldsworthy and Perkins Boot Factory heritage building into ground floor retail.

Known as Federal Residences, the development was designed by Joe Adsett Architects.

<img alt="" height="662" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/federal_2.jpg" width="1200" /> 
The plans for Federal Residences. Source: Joe Adsett Architecture

The development approval was for an upmarket boutique 2 and 3 bedroom residential apartments in a precinct popular with both young professional and downsizer markets.

The split was aroound 30 &times; two (2) bedroom apartments and 22 &times; three (3) bedroom apartments.

The application sought 89 car spaces &ndash; 79 resident spaces and 10 residential visitor spaces in four basement levels

There was bicycle parking for 77 bicycle spaces.

The application sought a residents&#39; rooftop recreation deck with a pool, lounge area, outdoor dining, lawn area, cinema projection wall and decked auditorium seating.

&quot;It was an excellent opportunity to capitalise on a market with diminishing forecast unit supply and located in one of Brisbane&#39;s most exciting precincts underpinned by strong fundamentals and demographics,&quot; the marketing advised.

<img alt="" height="846" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/federal_3.jpg" width="1200" /> 
The plans for Federal Residences. Source: Joe Adsett Architecture

The Ray White marketing campaign generated 70 buyer inquiries from local and interstate developers and investors.

The site was previously sold for $4.18 million in July 2017 by Aspire HP which then secured the development approval.

It had been tightly held having sold at $135,000 in 1981.

Currently in the market in Newstead is Bide, the luxury owner-occupier development from Dibcorp.

[smartcode_project:default project_id=102309 project_image_fid=163982]

The Newstead residential development site has approval for a nine storey residential tower

jchancellor-FAypfDUnLy

John Van Lieshout buys Newstead Federal Boot Factory apartment development site

The upper-end of the Brisbane off the plan apartment market is continuing to go from strength to strength.

The latest success story comes from Hamilton, where Brookfield&nbsp;Residential Properties has already secured over $100 million in off the plan sales at is riverfront Rivello Hamilton apartment development.

Sales of the 150 apartments have just officially hit the market.

[smartcode_project:default project_id=102922 project_image_fid=171473]

It&#39;s been the higher end apartments in the $147 million, 21-level building designed by Cottee Parker Architects which have proved the most popular, with the penthouses among the first to sell.

Brookfield Residential Properties&rsquo; Managing Director, Lee Butterworth, said buyers had responded well to Rivello.

&ldquo;There is certainly significant demand for Brisbane property in the current market and buyers recognise Rivello represents a rare opportunity to purchase a new apartment in a building on the Brisbane River,&rdquo; he said.

&ldquo;We started receiving enquiries from the moment we secured development approval, and formally began taking registrations of interest late June, with buyers knocking on our door to know when they could officially secure their place in the project.

&ldquo;Buyers have predominately been local owner-occupiers from within a ten kilometre radius of Portside, who are familiar with this precinct and are looking to secure their place here, or to upgrade to a new apartment. Many have purchased with us at Portside previously.

[smartcode_project:default project_id=102922 project_image_fid=171475]

&ldquo;We have also experienced strong enquiry from interstate buyers, including owner-occupiers wanting to relocate to the Sunshine State and those who see the strong investment potential Queensland offers, with almost 10 per cent of sales to date to interstate purchasers.&rdquo;

Apartments at Rivello average a generous 120 sqm and feature high quality fittings and finishes, including premium appliances, a spacious open plan design and floor to ceiling glass to maximise views and natural light.

The final two sub-penthouses have up to 302 sqm of floor space, including&nbsp;kitchens with butler&rsquo;s pantries, a fireplace, and expansive outdoor entertaining spaces.

There&#39;s extensive&nbsp;resort-style resident amenity within the building, including an infinity-edge pool with views across the Brisbane River to the CBD, a private dining room with kitchen and bar for intimate gatherings, a residents&rsquo; lounge, wine cellar, business centre, outdoor gardens and barbeque areas.

[smartcode_project:default project_id=102922 project_image_fid=171474]

Butterworth said the exclusive facilities were complemented by the extensive range of lifestyle offerings at Portside.

&ldquo;While there are plenty of places for residents to relax and unwind, or host family and friends, within their apartment or the building, they are spoilt for choice with the range of sophisticated dining and retail, along with a cinema and supermarket, quite literally at the doorstep,&rdquo; he said.

&ldquo;If they want to go further afield, there&rsquo;s numerous modes of public transport, including the CityCat, major arterial roads and Brisbane Airport in easy reach.

&ldquo;Rivello&rsquo;s location truly is unparalleled when you consider its accessibility, absolute riverfront position and vibrant street level.&rdquo;

There&#39;s a mix of apartments available, ranging from one bedrooms to the final two sub-penthouses.

Two bedroom apartments in the &lsquo;Lifestyle Collection&rsquo; are priced from $605,000, two and three-bedroom apartments in the &lsquo;River Collection&rsquo; from $720,000 and the final sub-penthouses in the &lsquo;Penthouse Collection&rsquo; are priced from $2,070,000.

[smartcode_project_cta: project_id=102922]

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