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>.

Joel Robinson

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

The City of Sydney has approved plans for <a href="https://www.apartments.com.au/developers/billbergia">Billbergia Group</a> and Metrics Credit Partners’ $3.5 billion Castlereagh Place project in the heart of the Sydney CBD

The towers will be among the tallest in <a href="https://www.apartments.com.au/developments/sydney-nsw-2000">Sydney</a>'s CBD, with more floors than any other residential tower in the city.&nbsp;

The 6,000 sqm site was acquired by the joint venture partners in 2024. It is the largest amalgamated land parcel in the Sydney CBD and comprises eight individual sites fronting Castlereagh, Pitt and Liverpool Streets.&nbsp;

<a href="https://www.apartments.com.au/new-apartments/castlereagh-place-sydney-324-348-pitt-street-sydney-nsw-2000">Castlereagh Place</a> will transform an underutilised city block into a landmark mixed-use destination, anchored by two 82-storey towers comprising 607 luxury residences above an 8-level podium housing a 209-room luxury hotel. A 1,000 square metre civic park on ground level features a curated mix of food, beverage and retail.

The plans have been refined over the past year to rebalance the residential and hotel offering, and reconfigure the retail footprint to create a stronger, more dynamic dining experience.

A three-level flagship building on the prominent corner of Pitt and Liverpool Streets will be the gateway to the Castlereagh Place lifestyle precinct. Set to become a Sydney icon, the building is capable of housing multiple hospitality venues.

“Castlereagh Place is designed to be the City's next great urban oasis - an energetic mixed-use precinct that pulses with life, day and night,"&nbsp;said Joseph Kinsella, Group Director of Billbergia.

"It will bring the vibrancy of places like Barangaroo and Darling Quarter into a more accessible, central destination at the very heart of Sydney."

Kinsella said the project will build on&nbsp;Sydney’s growing laneway culture with the City’s largest network of new activated lanes - an expanded, next-generation take on precincts like Angel Place, Palings Lane and Ash Street in Wynyard.

[smartcode_project:default project_id=134477 project_image_fid=374401]

Castlereagh Place has been designed by architects <a href="https://www.apartments.com.au/architects/fjc-studio">fjcstudio</a> in collaboration with Trias Studio, Aileen Sage and Polly Harbison Design, joint winners of an international design competition in 2018.&nbsp;

Signature design elements from the original scheme remain unchanged, while the public domain has been significantly enhanced, delivering 60 per cent more open-to-sky space.

Pedestrian access will also be enhanced through new laneways linking Pitt, Liverpool and Castlereagh Streets, drawing people into a new civic park with outdoor seating, landscaping and integrated public art.

With activated laneways supported by strong hospitality offerings, Castlereagh Place is tipped to become a vibrant new dining destination in the heart of Sydney’s CBD.

It marks the largest undertaking to date for the Billbergia and Metrics Credit Partners partnership. Together they are developing other underutilised Sydney sites into mixed-use precincts, including the $2.2 billion Concord Central and the $1.3 billion Chatswood Grand Residences.

Metrics Managing Partner and Group CEO Andrew Lockhart said Castlereagh Place is a landmark project that will redefine Sydney’s skyline.

"As the tallest residential high-rise development, the revitalised site will offer panoramic views across the CBD and surrounds. We are excited to partner with Billbergia to reinvigorate an underutilised site and create a sophisticated and contemporary mixed-use offering situated in the heart of Sydney.”

Total apartments within the towers have increased to 607 dwellings, with a focus on larger floorplans. Aligned to growing market demand, Castlereagh Place now comprises 299 three-plus-bedroom apartments, 198 two-bedroom units and 110 one-bedroom configurations.

[smartcode_project:default project_id=134477 project_image_fid=374402]

Resident amenities will include an exclusive residents club containing a gym, rooftop pool, dining rooms, co-working spaces, library, golf simulator, games room, cinema room, and access to an exclusive concierge service. There will be around 500 basement car spaces below the towers.

The development will also include a state-of-the-art wellness centre, set to feature a bathhouse with magnesium pools, hot/cold plunge pools and premium amenities.

&nbsp;

According to fjcstudio, the towers will feature distinctive yet elegant architectural design reflecting Sydney’s geometry and urban character, with a network of through-site links and intimate public spaces activating the streetscape.

"Castlereagh Place is a city-making project of significant scale and ambition," said Richard Francis-Jones, Design Director at fjcstudio.

"It will create a rich urban complex of public open spaces, landscaped gardens, and vibrant laneways. Defining these new public spaces and the important streetscape of Castlereagh Street is a sequence of fine-grained, diverse retail and hotel architecture designed in collaboration with Aileen Sage, Polly Harbison Design and Trias.

“Rising above the tree-lined, human-scale streetscape are two slender residential towers that will transform the city skyline and look towards the Harbour, Hyde Park, and the Royal Botanic Garden.”

Demolition and early construction works have commenced onsite at Castlereagh Place.

[smartcode_project_cta:default project_id=134477]

Billbergia, Metrics, approved for $3.5 billion Sydney skyscrapers

Brisbane off the plan apartments

Award-winning developer and builder <a href="/developers/holm-developments">Holm Developments</a> is bringing a small-scale luxury townhouse development in Ascot, considered by many as one of Brisbane's most premier suburbs on the river.

<a href="/developments/ascot-qld-4007">Ascot</a> is distinguished by its collection of heritage-listed sites, characterised by the grandeur of large Queenslander homes that dot the landscape.

Holm's townhouse development,&nbsp;<a href="/buildings/ascot-row-89-95-stevenson-street-ascot">Ascot Row</a>, stands out in a suburb where townhouses account for only nine per cent of dwellings.

Aside from the scarcity of brand new property, Ascot Row has been designed so it still caters to the demographic who wants to live in a house, but offers a&nbsp;price point significantly lower than the median price of houses in the affluent area.

[smartcode_project:default project_id=114093 project_image_fid=236402]

Within walking distance from Ascot Row is the vibrant Racecourse Road Village and the popular Portside Wharf shopping mall, creating a lively and convenient neighbourhood for residents.&nbsp;

The Racecourse Road Village is just a ten-minute walk west of Ascot Row, where residents can find a variety of cafes and restaurants, such as highly-rated dining options such as Le Bon Choix cafe, Cafe 63, American restaurant 5 Boroughs, and hamburger restaurant Grill'd, and shops and essential services, like Coles supermarket and Ascot Medical Centre.

[smartcode_project:default project_id=114093 project_image_fid=236404]

Towards the south, the upscale residential and retail precinct Portside Wharf is reachable within a nine-minute stroll across Kingsford Smith Dr, boasting a range of dining options, shops, a large fish shop, a supermarket, and a Dendy cinema complex.

Adjacent to Portside Wharf is Hercules Street Park, providing residents with recreational opportunities such as state-of-the-art playgrounds, aquativity areas, multi-court play areas, open green spaces, BBQ facilities, and an off-leash dog park.&nbsp;

[smartcode_project:default project_id=114093 project_image_fid=236411]

Adding to Ascot Row's appeal as a family-friendly address are the several schools nearby, including Hamilton State School less than 400 metres away, Ascot State School, St Rita's College in <a href="/new-townhouses/clayfield-qld-4011">Clayfield</a> and St Margaret's Anglican Girls School in Ascot within a five-minute drive.

The <a href="/architects/plus-architecture">Plus Architecture</a>-designed Ascot Row comprises 14 three-bedroom townhomes designed as a modern architectural interpretation of the iconic Queenslander style.&nbsp;

Ascot Row is well under construction and is slated for completion soon under Holm's construction arm,&nbsp;<a href="/builders/holm-built">Holm Built</a>.

[smartcode_project_cta:default project_id=114093]

The Plus Architecture-designed Ascot Row comprises 14 three-bedroom townhomes designed as a modern architectural interpretation of the iconic Queenslander style

Staff Writer

How Ascot Row fits into the affluent Brisbane riverside suburb

Nestled on the border of the blue-chip suburbs <a href="/new-townhouses/toowong-qld-4066">Toowong</a> and <a href="/developments/taringa-qld-4068">Taringa</a>, Oakman Residences presents an alternative to owning traditional homes in a suburb dominated by single dwellings but without compromising on space or comfort, rather with perks of various amenities and a strategic location.

This <a href="/developers/feltham-property-group">Feltham</a>-developed project boasts spacious residences that front onto parks with resort-style landscaping and a curated selection of amenities—all immersed in Taringa’s greenery and tapestry.

[smartcode_project:default project_id=112924 project_image_fid=204776]

<a href="/new-townhouses/oakman-residences-27-union-street-taringa">Oakman Residences</a> is conveniently located within walking distance of cafes, restaurants, public transport options, the Brisbane River, parks, and multiple schools.

The Union Street development is adjacent to Oakman Park and Miskin Street Park, which include an Australian rules football field, play equipment, and biking paths—a big value for young families seeking a family-friendly address as their future home.&nbsp;

Furthermore, on the east side of Oakman Park lies Brisbane Boys College, one of the city's prestigious schools, while just an eight-minute walk away towards the west is the Queensland Academy for Science, Mathematics, and Technology.

[smartcode_project:default project_id=112924 project_image_fid=204785]

Transportation options are plentiful, with several bus stops lining Moggill Rd and Taringa Station just 850 metres from Oakman Residences.&nbsp;

Taringa Station is surrounded by cafes and fast food restaurants like Amaretto Cafe Restaurant Bar, Indian Mehfil, Little Rice Bowl Restaurants, and Domino's, along with a small shopping centre, Taringa Professional Centre, located adjacent to the station.

Additionally, Oakman Residences is only a quick ride to key precincts in nearby suburbs, such as Toowong Village and The Wesley Hospital to the northeast, as well as <a href="/new-townhouses/indooroopilly-qld-4068">Indooroopilly</a> Central and Indooroopilly Shopping Centre to the southwest, making it a well-connected location for residents.

[smartcode_project:default project_id=112924 project_image_fid=204775]

“Designed around the community, Oakman Residences has been crafted to create a sense of privacy and seclusion to each of the dwellings, while feeling protected and nestled within a community,” says Elizabeth Anderson of <a href="/architects/hal-architects">Hayes Anderson Lynch</a>.

Through retaining 90 per cent of the mature natives onsite, Oakman Residences connects and immerses itself with the heritage streetscape and the neighbouring parklands, delivering a boutique collection of just 24 homes.&nbsp;

Oakman Residences comprises 17 luxury, low-maintenance park-fronting three-bedroom townhomes, along with six full-floor three-bedroom sky homes, afforded with their lift access.&nbsp;

The development is nearing completion, with construction expected to finish in the middle of this year.

[smartcode_project_cta:default project_id=112924]

Oakman Residences is conveniently located within walking distance of cafes, restaurants, public transport options, the Brisbane River, parks, and multiple schools

Oakman Residences: Taringa's absolute parkside new apartments

Indooroopilly in Brisbane's south-west has a little bit of everything.

A riverside suburb, Indooroopilly has the largest shopping centre in Brisbane's western suburbs, it's home to a number of parks including Witton Barracks Park, and its proximity to the Brisbane River makes for a nature-fuelled lifestyle with all the conveniences of living near the city.

The area is well known for excellent schools, which has often drawn families to the suburb.

While a sought-after place to live, it's not often there's an opportunity to buy brand new.

We've had a look at the best projects currently on the market in <a href="/developments/indooroopilly-qld-4068">Indooroopilly</a>.

<h2>Project: Natura</h2>

<h2>Location: 55 York Street, Indooroopilly QLD 4068</h2>

<h2>Developer: Opalyn Property Group</h2>

<a href="/developers/opalyn-property-group">Opalyn Property Group</a> is in the works of bringing a boutique apartment development in <a href="/developments/indooroopilly-qld-4068">Indooroopilly</a>, strategically positioned just 800 metres away from Taringa Train Station and Indooroopilly Shopping Centre.

<a href="/new-apartments/natura-indooroopilly-55-york-street-indooroopilly-qld-4068">Natura</a> comprises 35 two and three-bedroom apartments spread over five levels, accompanied by two undercover secure car parks with intercom security access.

[smartcode_project:default project_id=94606 project_image_fid=213600]

Designed by <a href="/architects/vsa-designs">VSA Designs</a>, Natura residences feature a neutral palette inspired by nature, accentuated by high-quality finishes and fixtures sourced from renowned brands.

Each residence features two generous and usable balconies, extending the living areas and offering residents a connection to the outdoors.

[smartcode_project:default project_id=94606 project_image_fid=160863]

Residents of Natura will also have exclusive access to a rooftop terrace complete with BBQ facilities, a separate dining area, and break-out zones enveloped by lush manicured gardens.&nbsp;

Natura has already reached its pre-sales milestones, with anticipation that the remaining apartments will be quickly snapped up once construction commences. Prices for a two-bedroom unit at Natura start at $749,000.

<h2>Project: Long Pocket</h2>

<h2>Location: 75 Jacaranda Place, Indooroopilly QLD 4068</h2>

<h2>Developer: Shayher Group</h2>

Indooroopilly's townhouses are a rare find, comprising only eight per cent of the area's private dwellings and particularly unique when nestled between two prestigious golf clubs.

Developed by <a href="/new-apartments/brisbane-qld">Brisbane</a>-based <a href="/developers/shayher-group">Shayher Group</a>, Long Pocket stands out as a highly sought-after townhouse development, drawing significant interest from locals including downsizers, young professionals with children, and families alike.

[smartcode_project:default project_id=95798 project_image_fid=156480]

<a href="/buildings/long-pocket-75-jacaranda-place-indooroopilly">Long Pocket</a> features 45 four-level, four-bedroom townhouses grouped into two distinct collections: the Rainforest Collection adjacent to Jacaranda Place Reserve and the Riverview Collection offering stunning views of the Brisbane River, with the latter being the preferred choice among buyers.

Each townhouse at Long Pocket boasts a meticulously planned layout, with a dual garage with storage and a spacious entry lobby on the ground level, open-plan living and dining areas, a galley kitchen on the middle level, and master suites and bedrooms on the top levels.

[smartcode_project:default project_id=95798 project_image_fid=198389]

The centrepiece of Long Pocket is its exclusive 22-metre resort-style pool, complete with a sauna and steam room, offering residents a luxurious retreat right at their doorstep.

Moreover, residents enjoy easy access to two 18-hole golf courses, St Lucia Golf Links, and Indooroopilly Golf Club, making Long Pocket an ideal choice for those seeking a lifestyle of convenience and leisure.

<h2>Project: The Audrey</h2>

<h2>Location:&nbsp;109 Clarence Road, Indooroopilly QLD 4068</h2>

<h2>Developer: Savve Developments &amp; Construction</h2>

&nbsp;

Construction is well underway at the latest Brisbane development by SAVVE Developments &amp; Construction.&nbsp;

SAVVE secured a 1610 sqm site at 107 Clarence Road and crafted The&nbsp;<a href="/new-apartments/audrey-st-leonards-13-19-canberra-avenue-st-leonards">Audrey</a>, a mix of 35 two, three and four-bedroom apartments, as well as a five-bedroom penthouses.

[smartcode_project:default project_id=94824 project_image_fid=209991]

Commercial tenancies will take up shop across the ground floor of the site, with the two-storey addition set to include space for offices and food and beverage retailers.&nbsp;

Designed by Prospect Architects, with interiors by Merge, the development will take inspiration from the tree-lined streets of its locale, which is situated just moments from world-class cafes, restaurants, shopping and golf courses.&nbsp;

&nbsp;

Indooroopilly's top three new developments selling in 2024

Diversified investment group and property developer Salter Brothers is set for its first development play in the Queensland capital.

While they own and operate a handful of retreats across the Gold Coast and outer Brisbane through their Spicers Retreats brand which they acquired in late 2022, their new project, exclusively revealed by Apartments.com.au, is their first within the City of Brisbane.

Salter Brothers, who is based in Melbourne but has several hotels and commercial assets nationally, is seeking to demolish the Mercure Brisbane Garden City Hotel in Upper Mount Gravatt and develop a new 17-level apartment building at 18 Macgregor Street, Upper Mount Gravatt.

They've had Bates Smart, who has worked more in Sydney and Melbourne since it was founded in the mid-1850s, create the plans for the mixed-use building that will have 101 apartments above a four-level podium. That will home a 90-space childcare centre and parking for 107 cars.

<img alt="salter Mt Gravatt" data-entity-type="file" data-entity-uuid="c4dec6fa-570c-4013-839c-62b39b4f9104" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-23%20at%201.25.21%20pm.png?VersionId=7_hXoO1RkzCAYSX0V_05iv_vT4kAgzO5" />

The residential apartments will start from level six and run through to level 17. The apartments are expressed as "gently undulating petals," Bates Smart wrote in their submission to the Brisbane City Council.

"The tower form and floorplate have been inspired by the native indigenous Tea Tree Flower and Wallum Banksia, two species of flora endemic to the region. This resulted in each apartment being expressed as an individual 'petal' with a curved edge, spatially and visually separated from the apartment adjacent."

There will be eight apartments per floor, six two-beds and two three-bedders. Living rooms and balconies are oriented to achieve maximum amenity through view outlook and solar access.

<img alt="Salter" data-entity-type="file" data-entity-uuid="eb15e66d-6ece-43de-b33b-7d832cc94911" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-23%20at%201.32.50%20pm.png?VersionId=Pyl1YkGAsejRI6Q3jL5b6hz5Nuy6t.a5" />

A rooftop communal terrace will span the entirety of level 18. It's been conceived as an extension of the nearby Toohey Forest Park which is known for its ecological significance and native flora and fauna. The rooftop will have&nbsp; a pool, mineral spa, and a landscaped seating area oriented to the north where they enjoy primary view outlook towards Mount Gravatt.

A resident gym and separate amenity room are located east and west of the core, while to the south there will be a landscaped barbecue area.

<img alt="Upper Grav" data-entity-type="file" data-entity-uuid="098f0bfc-085f-4f7f-83d6-da8e00d8cb32" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-23%20at%201.32.55%20pm.png?VersionId=RI9wF8PPHdGo8JbBQQH8ADFNpRbpwNqc" />

Bates Smart said&nbsp;Mount Gravatt was known by the local Turrbal and Jagera Peoples as 'kaggur-madul', meaning the 'Place of the Echidna', or 'Where Echidnas Rest'.

They said they when they designed the external shading system, they took inspiration from the delicate fine grain repetition of echidna spikes and their use in traditional indigenous jewellery making, where the quills were dried, treated with emu oil, and then assembled into beautiful strings of necklaces which express a strong linear repetition that enhances the legibility of curved surfaces they adorn.

The 5,356 sqm site is ideally located a five-minute walk from Garden City Westfield, one of Brisbane's largest shopping centres.

&nbsp;

Down in its native Melbourne, Salter is currently developing <a href="/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe">Candela Ivanhoe</a>, 62 one, two three and four-bedroom apartments in Melbourne's north east.

The 5,356 sqm site is ideally located a five-minute walk from Garden City Westfield in Upper Mount Gravatt, one of Brisbane's largest shopping centres.

First look exclusive: Salter Brothers plot new Brisbane apartments

Contreras Earl Architecture is continuing to bring its architectural smarts to Brisbane on behalf of developer Vista Projects.

Having submitted <a href="/news/qld/first-look-architectural-apartments-set-for-st-lucia">plans for Vista in St Lucia late last year</a> for five striking apartments, the Gold Coast-based architecture firm has put together a design for their next project in the neighbouring <a href="/new-apartments/taringa-qld-4068">Taringa</a>.

The project, dubbed La Flor at&nbsp;128-130 Swann Road, will replace two single-level houses on 1,042 sqm.

<img alt="Contreras" data-entity-type="file" data-entity-uuid="fe2988ac-1388-45b3-8450-35e4bdbb7bfa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-22%20at%208.32.03%20pm.png?VersionId=HeeqUErVssguFX_j7YbQb3AwAQUvGMVZ" />

"The elevated site presents an opportunity to create a building of significance on a street of iconic character in the established inner-west suburb, a leafy locality with panoramic views towards the city," the Architecture Statement submitted to the Brisbane City Council by <a href="/architects/contreras-earl-architecture">Contreras Earl Architecture</a> noted.

La Flor draws inspiration from nature, with its design metaphorically likened to the unfolding petals of a flower and translates into an architectural interplay between openness and enclosure.&nbsp;

The material palette, including coloured concrete, translucent glass, stone, and aluminium, further reinforces the concept of the building's petal form.

<img alt="New Taringa project, La Flor - Concept" data-entity-type="file" data-entity-uuid="1179c3af-b902-4572-9a43-f717ab792b27" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/New%20Taringa%20project%2C%20La%20Flor%20Concept.png?VersionId=XDNrxF0M_IRmHCkZqdyU4bCB6D3FOJzs" />

"Creating a space of sanctuary in the suburban setting “La Flor” emanates sculptural presence, while also providing spaces of privacy and shadowy refuge from nature’s elements as well as from the street.

"This interplay of openness and enclosure amplifies the buildings’ honest character and feel creating a harmonious addition to the streetscape of Swann Road."

The six-level building will have eight three-bedroom apartments and a four-bedroom penthouse with its own private rooftop. The rest of the rooftop is reserved for resident amenity, comprising a resort-style pool, a sauna, extensive seating, barbecue spaces and sun lounges.

The design also takes the&nbsp;opportunity to use the undercroft area below the building with a unique wellness zone nestled amongst the gentle slope that includes an outdoor gym, outdoor yoga and entertainment areas distributed across different terraces immersed by lush landscape and vegetation.

<img alt="Contreras" data-entity-type="file" data-entity-uuid="a453b2f1-b1a4-48ef-b519-c2d3aecdfa0e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-22%20at%208.32.15%20pm.png?VersionId=axXVW32r_DyNT1ZFLyGBSZCj1l6xzUZj" />

The architecture also incorporates cascading vegetation that complements the building's organic lines, strategically placed to enhance privacy internally and externally while fostering a stronger connection with the surrounding vegetation.

Contreras Earl has a long history on the Gold Coast. Led by Rafael&nbsp;Contreras and Monica Earl, the company has designed several buildings by Sunland including the luxury 272 Hedges Avenue in Mermaid Beach and 180 Marine Parade in Labrador.

First look: Contreras Earl pen new Taringa apartment project, La Flor

Queensland developer Azure has released the final apartments for its One Earle Lane development in Toowong.

The final eight apartments, including two penthouses, have hit the market in the building which is 90 per cent sold and under construction.

“We’re thrilled to release these final residences, especially considering how well received <a href="/new-apartments/one-earle-lane-by-azure">One Earle Lane</a> has been to date,” <a href="/developers/azure">Azure</a> Director&nbsp;Trent Kiernan said.

[smartcode_project:default project_id=112120 project_image_fid=206691]

“These residences showcase the commitment of Azure to delivering a unique blend of luxury and contemporary living, to <a href="/new-apartments/toowong-qld-4066">Toowong</a>.

“One Earle Lane’s final release delivers a diverse range of residences to cater for a range of buyers looking for a luxurious and sophisticated lifestyle that truly feels like home.”

[smartcode_project:default project_id=112120 project_image_fid=206686]

The two remaining penthouses are priced from $3.6 million, each adorning park and city views on the northern façade and provide spacious living areas that are enhanced by expansive balconies.&nbsp;

The final six remaining apartments are part of the Parkview Collection which feature three bedrooms plus multi-purpose room, 2.5 bathrooms and two-car parking.

One Earle Lane will provide residents with unmatched amenities and the ultimate level of sophistication just minutes from Brisbane CBD.

[smartcode_project:default project_id=112120 project_image_fid=206692]

The project has an entry lobby with a concierge desk and a business lounge, as well as a rooftop residents club with resort-style facilities including a wellness area with a sauna, steam room, hot and cold plunge pools, gym, and a 25 metre heated lap pool.

Simon and Courtney Caulfield are selling the remaining eight apartments.

“The high-end apartment market is showing resilience despite recent fluctuations, and we’re noticing sustained interest from buyers, even in the face of tight supply conditions,” Mrs Caulfield said.&nbsp;

“In fact, Brisbane’s unit market has experienced the second-highest capital growth nationally, with a notable growth rate of 14.8 per cent over the past 12 months.”

[smartcode_project:default project_id=112120 project_image_fid=206697]

Simon Caulfield said buyers in the high-end property market are looking for more than just a place to live.

"They seek a lifestyle statement that encapsulates luxury, security, and convenience," he said.

“While amenities certainly play a role, recent growth rates in unit prices in Brisbane have heightened the sense of urgency among buyers, and we expect to see this consistent in One Earle Lane.”

[smartcode_project:default project_id=112120 project_image_fid=206698]

Azure is a privately owned real estate development and investment company that has delivered more than 1,400 terraces, units and residential lots since it was founded in 2014.&nbsp;

The company’s active portfolio of seven developments is valued at more than $500 million and includes One Five Six by Azure at New Farm which set a price record for the inner city in 2022 with its $11.4 million penthouse sale.

One Earle Lane, designed by&nbsp;Paul Conrad Architects and constructed by 5Point Projects, is on track for completion at the end of 2024.

[smartcode_project_cta:default project_id=112120]

Simon Caulfield said buyers in the high-end property market are looking for more than just a place to live

Azure release final apartments at One Earle Lane, Toowong

Aria is again seeking to bulk up its upcoming Kangaroo Point apartment project, Canopy House.

The design change comes after the&nbsp;Tim Forrester-led developer, who focuses heavily on sustainable practices, green buildings and extensive rooftop amenity, has bought the site next door to the approved Canopy House, now giving them a larger footprint of around 2,300 sqm across 50-62 Leopard Street, Kangaroo Point

They're seeking to add a further four levels to the previous 29-level tower by Rothelowman, which were approved in August after a&nbsp;<a href="/news/qld/aria-seek-to-make-kangaroo-point-cliffside-tower-canopy-house-by-aria-larger">change application in June last year</a>.

<img alt="Aria" data-entity-type="file" data-entity-uuid="e8523cf3-a37b-4317-a899-12ab7108ad3b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-16%20at%208.29.27%20pm.png?VersionId=EcbkV1.4aU3qa_g5kxyNXsrkqKpgJOuZ" />

The new design will also see the step in the building removed. The tower floorplate will now get larger from levels 14 upwards, where previously narrowed to home the larger three-bedroom apartments. The design change will see&nbsp;the apartment numbers increase from 136 to 196.

The majority of the increases will be in the two-bedroom stock. There will be 75 per cent more two-beds, with then numbers jumping from 64 to 112. The three beds will increase 27 per cent from 66 to 84.

With the increase in the apartments will come an increase in the parking spaces, up to 295 from 226.

The new design will also see an extended podium which will now feature a resident park with a barbecue kitchen and outdoor dining area, playground, and seating pods.

The documents suggest the new design will improve the facade, providing a "greater visual relief to the built form and significantly increasing the project’s ‘Green Factor’."

<img alt="Kangaroo" data-entity-type="file" data-entity-uuid="fe2b8b2f-21a0-443a-ad4c-1d8ac634e26e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-17%20at%2010.18.44%20am.png?VersionId=M799qvcaNsT1mrk3C9giXBKlEhPEAC8p" />

The land acquisition next door provides more than 130 metres of additional street frontage to Mark Lane, Leopard Street and Vulture Street.

Town planner Saunders Havill Group suggested in the documents submitted to the Brisbane City Council that&nbsp;the increased size of the site and the full control of the block-end provides for several significant improvements to the project in terms of its ground plane public realm offering, vehicle access, servicing and circulation, constructability, and sequencing methodologies.

They said the widening of the Mark Lane carriageway and verge will provide an improved pedestrian experience and vehicle safety, while also creating an opportunity for Mark Lane to become a destination laneway with echoes of Fish Lane.

The site had previously had two dwelling houses which Saunders Havills said were "left isolated", and had limited development potential.

Icon is forecasting an August start of construction, with a crane being installed onsite by March next year. Completion is forecasted for the end of 2027.

First look: Aria bulk up Canopy House in Kangaroo Point by buying next door

New apartments in the affordable end of the market are few and far between in Brisbane, and have been for quite some time.

While apartment values continue to rise month on month, it's the luxury end of the market in the off the plan space which is dominating in both supply and sales metrics.

The good news is the Brisbane market is incredibly strong. The median value of units has risen to $587,000, and, if the trends continue, will overtake Melbourne's median unit value by the end of the year.

Both trends in the data, as well as developers and agents on the ground, suggest there's not going to be a slowdown of growth in Brisbane anytime soon.

What has made the market problematic for prospective off the plan buyers is the volume of higher-density projects, which tend to offer more affordable options than boutique riverfront buildings. They've been few and far between, given the availability of builders and construction costs. Smaller, higher-end buildings cost less to build and take a shorter amount of time, and the prices in them make the whole development more feasible financially.

Amid a limited market for the entry-level buyer, we've cast our eye over the whole of Brisbane and wrapped up the best apartment developments in Brisbane that have apartments under the $1 million mark.

<h2>Project: Ruby Ruby</h2>

<h2>Location: 12 Crombie Street, Milton QLD 4064</h2>

<h2>Developer: Kokoda Property</h2>

<h2>Price: From $799,000</h2>

Award-winning national developer <a href="/developers/kokoda-property">Kokoda Property</a>'s third <a href="/new-apartments/brisbane-qld">Brisbane</a> apartment development, <a href="/new-apartments/ruby-ruby-milton-12-crombie-street-milton">Ruby Ruby</a>, in <a href="/developments/milton-qld-4064">Milton</a>, offers 145 two and three-bedroom apartments, ranging in size from 65 sqm to 155 sqm. The two-bedroom units are priced starting at $799,000.

All units boast open living areas extending to balconies, kitchens well-equipped with Miele or Bosch appliances, contemporary bathrooms, and walk-in robes in master suites.

Cottee Parker Principal (Interiors), Dee Passenger, said that the internal material palette echoes a similar design language that takes inspiration from Milton’s history.

[smartcode_project:default project_id=139032 project_image_fid=232277]

“Internally, we’ve blended organic feature joinery, flowing curves, textural transparent features and weaving forms to create a captivating, luxury living experience,” Passenger said.

Now a staple of Kokoda's, Kokoda Property Founder and Managing Director Mark Stevens said the team has also carefully considered the inclusion of extra, premium amenities.

“Ruby Ruby is packed with an incredible range of extensive amenities that offer buyers an elevated luxury apartment living experience in Brisbane,” Stevens said.

[smartcode_project:default project_id=139032 project_image_fid=232307]

The 21-level building will feature a wellness rooftop with a wet-edge swimming pool that spans the full width of the building, as well as several cabanas, day beds, a firepit area, barbecues and alfresco spaces, and a private dining and bar area. Completing the fitness component of the rooftop is a health and wellness space with a gym, infrared sauna, spa, plunge pool and yoga studio.&nbsp;

Kokoda is also catering for the working-from-home trend with several meeting rooms on the ground level, while the podium will house a private dining and lounge area, a cinema room, and a billiards room.

<h2>Project: Estilo on the Park</h2>

<h2>Location: 75-81 Kittyhawk Drive, Chermside QLD 4032</h2>

<h2>Developer: Gardner Vaughan Group</h2>

<h2>Prices: From $869,000</h2>

Veteran builder developer Gardner Vaughan Group's parkside <a href="/developments/chermside-qld-4032">Chermside</a> development,&nbsp;<a href="/new-apartments/estilo-on-the-park-chermside-81-kittyhawk-drive-chermside">Estilo on the Park</a>.

The project, which has two-bedroom apartments starting at $869,000, will put residents on the fringe of 73-hectare Seventh Brigade Park and opposite one of the largest Westfield shopping centres in the southern hemisphere once completed.

[smartcode_project:default project_id=100682 project_image_fid=250594]

<a href="/new-apartments/estilo-on-the-park-chermside-81-kittyhawk-drive-chermside">Estilo on the Park</a>&nbsp;is a three-tower apartment development with towers one and two, Lujosa and Belleza, all but sold out, while the <a href="/news/qld/gardner-vaughan-launch-final-release-at-chermsides-estilo-on-the-park-as-completion-nears">final stage of the project</a>, Escencia, has a limited selection of its 50 apartments remaining.

There are two, three and four-bedroom apartments on offer in Esencia, with prices starting from just over $800,000.

Apartments at Esencia will sit above four commercial tenancies.

[smartcode_project:default project_id=100682 project_image_fid=186903]

Each apartment features open-plan living spaces extending to large entertainer's balconies, kitchens fitted with integrated European appliances and stone benchtops, and large master suites with walk-in wardrobes and en suites.

Residents will also have access to a rooftop terrace with indoor and outdoor dining, in addition to several relaxation zones, a central outdoor pool, and landscaped gardens.

<h2>Project: Stonebrook</h2>

<h2>Location: 10 Flora Street, Stones Corner QLD 4120</h2>

<h2>Developer: Gardner Vaughan Group</h2>

<h2>Price: From $1,069,000</h2>

Despite prices for their apartments now at just over $1 million due to the success of selling all the one-bedroom apartments and the entry-level two-bedroom units, Gardner Vaughan's <a href="/new-apartments/stonebrook-stones-corner-10-flora-street-stones-corner">Stonebrook</a> project in&nbsp;<a href="/developments/stones-corner-qld-4120">Stones Corner</a>&nbsp;still&nbsp;deserves a place on the list.

That's because the price of $1,069,000 is for their large two-bedroom apartments, with an additional multi-purpose room.

On track for completion later this year, Stonebrook, on the fringe of Hanlon Park, comprises 90&nbsp;one, two, three and four-bedroom units as well as a gym,&nbsp;heated pool, and a communal rooftop terrace overlooking park views.

[smartcode_project:default project_id=114094 project_image_fid=249477]

Stonebrook is also proud UDIA-certified EnviroDevelopment.

The development is just five kilometres from the Brisbane CBD via the Buranda Train &amp; Busways and moments from the first-class restaurants at Logan Rd.&nbsp;

<h2>Project: 443 Queen</h2>

<h2>Location: 443 Queen Street, Brisbane QLD 4000</h2>

<h2>Developer: Cbus Property</h2>

<h2>Prices: From $850,000</h2>

Developed and recently completed by Australia’s most awarded and trusted national property investors and developers <a href="/developers/cbus-property">Cbus Property</a> is Brisbane's new riverside landmark, 443 Queen.

<a href="/buildings/443-queen-street-brisbane-443-queen-street-brisbane">443 Queen</a> offers 264 apartments with a mix of one, two, three and four-bedroom floor plans. Now the final opportunity to buy in the building has presented itself, with just a handful of apartments recently hitting the market.

The one-bedroom apartments start from $850,000.

[smartcode_project:default project_id=6226 project_image_fid=37090]

Designed by the internationally acclaimed architectural firms <a href="/architects/woha">WOHA</a> and <a href="/architects/architectus">Architectus</a>, the residences are afforded unprecedented views of the Brisbane River, Story Bridge, and <a href="/developments/kangaroo-point-qld-4169">Kangaroo Point</a>.

The emphasis on sustainable and energy-efficient design sets 443 Queen St apart as a world-class development.&nbsp;

Residents will also benefit from a full-floor recreation deck, complete with a 25-metre riverside infinity pool, a state-of-the-art gym, dining room, and cabana lounges.&nbsp;

Both trends in the data, as well as developers and agents on the ground, suggest there's not going to be a slowdown of growth in Brisbane anytime soon.

Brisbane's best off the plan apartments under $1 million selling in 2024

Brisbane's price per square metre record has been broken at the two-level penthouse atop Kangaroo Point's newest luxury apartment development, Sorano House.

The $14 million sale, to a local, represents an internal price per sqm of over $45,000, bettering the former record at&nbsp;<a href="/new-apartments/moray-house-65-moray-street-new-farm">Moray House</a>&nbsp;by&nbsp;<a href="/developers/spyre-group">Spyre Group</a>&nbsp;in <a href="/new-apartments/new-farm-qld-4005">New Farm</a>, which set the record at $35,000 per sqm late last year.

The two-level penthouse, with 311 sqm of internal living space, a 39 sqm balcony and a 333 sqm rooftop, is one of just seven apartments in the Hamilton Street development by&nbsp;<a href="/developers/trezetto-developments">Trezetto Development</a>.

<img alt="Sorana House" data-entity-type="file" data-entity-uuid="db8ce2d3-d295-443d-aed0-c6c23915d33b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-10%20at%202.04.36%20pm.png?VersionId=5LtUU6wja5zAqqHBFqkw.S8PneJY.6t7" />

Boasting 180-degree views of the Brisbane River and city skyline, the penthouse features four bedrooms, 5.5 bathrooms, multiple living areas, four-car accommodations and boasts approximately 70 metres of lineal frontage over two levels.

The penthouse’s private rooftop terrace occupies the top floor of the development and homes a private pool, spa, sauna, outdoor dining and firepit.&nbsp;

<img alt="Sorano House" data-entity-type="file" data-entity-uuid="18545e81-92bb-4745-ac4a-38f4265d64fd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-10%20at%202.04.40%20pm.png?VersionId=crbTdKNK1339akHFdYwmthIr2ytcAuvi" />

Other features include a grand 5.5-metre kitchen island bench, a suite of Wolf, Sub Zero, and V-Zug appliances, and a travertine-clad lift lobby.&nbsp;

Trezetto Developments Managing Director, Sam Sgroi, said the unprecedented sale represented a “new age” of Brisbane’s luxury property market.&nbsp;

“The sale of the Sorano House Penthouse is a testament to the maturity of the prestige market in Brisbane and the value buyers are seeing in A-Grade locations which will never be repeated,"&nbsp;Sgroi says.

[smartcode_project:default project_id=6206 project_image_fid=231551]

<a href="/project-marketer/ypm-group">YPM Group</a>’s Project Sales Director, Phillip Rand - who sold the penthouse - said the purchaser had been looking to secure something unique, private and irreplaceable along the riverfront and had been searching for almost two years for the right property.&nbsp;

“The <a href="/new-apartments/sorano-house-kangaroo-point-12-hamilton-street-kangaroo-point">Sorano House</a>&nbsp;penthouse sale sets a new benchmark for new development in Brisbane,” Rand said.

“This record internal sales rate has not been seen before in the <a href="/new-apartments/brisbane-qld">Brisbane</a> market and is the kind of value akin to some of Sydney's premier and established waterfront suburbs.&nbsp;

"This sale will pave the way as a new benchmark for Brisbane's ultra-luxury market.”&nbsp;

[smartcode_project:default project_id=6206 project_image_fid=227100]

Sorano House occupies one of the last remaining riverfront addresses in the coveted and tightly held <a href="/developments/kangaroo-point-qld-4169">Kangaroo Point</a> peninsula.

The project officially went to market in October 2023 with great success, announcing four of the six whole-floor residences had sold, with an average price of $8.6 million, in the first 10 weeks of the campaign.

YPM Group Director, Bryce O’Connor said the successful sales campaign and record penthouse sale at Sorano House demonstrates that a shortage of quality product in premium locations will continue to drive Brisbane’s luxury market - and that construction security continues to be of utmost importance to purchasers.”&nbsp;

“We are excited to see Kangaroo Point progress as one of Brisbane’s most premium residential suburbs, setting record-breaking results usually reserved for projects in New Farm or <a href="/new-apartments/teneriffe-qld-4005">Teneriffe</a>," O'Connor said.

&nbsp;

Construction is well underway on site at Sorano House, with expected completion in early 2025. Sorano House is now 70% sold, with just two apartments remaining from $7.75 million.

[smartcode_project_cta:default project_id=6206]

Construction is well underway on site at Sorano House, with expected completion in early 2025

Sorano House, Kangaroo Point penthouse breaks Brisbane record

Brisbane townhouse developer Tocu Properties is switching it up in West End.

Tocu, who has been developing townhouses across Brisbane's inner-ring suburbs, is moving into the apartment market. They've had&nbsp;<a href="/architects/woods-bagot">Woods Bagot</a> draw up plans for a seven-level apartment development on the corner of Beesley and Filmer streets.

Tocu secured the six-lot amalgamation, totalling 1,648 sqm at 28 Beesley Street, in mid-2022. It was marketed as one of the last remaining infill development sites within the highly sought-after West End precinct.

<img alt="Tocu" data-entity-type="file" data-entity-uuid="9f2631ab-d7b6-4258-9e72-e303e2fccd31" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-08%20at%202.55.00%20pm.png?VersionId=kmmVDJLDjORu2KAAqTiHkM1FwIhGBEPp" />

The proposal is for 42 two and three-bedroom apartments, 30 of which will have an additional multi-purpose room.

Crowning the building will be a 656 sqm rooftop amenity level with an infinity edge pool, hot and cold plunge pools, and open lawn and barbecue areas with views over Brisbane.

The Planning Report by Saunders Havill Group said the project represents an exciting opportunity to enhance the residential offerings in the vibrant <a href="/developments/west-end-qld-4101">West End</a> community, combining luxury living with the convenience of urban life.

"This development aims to cater to the growing demand for residential accommodation in the area, whilst providing a modern and comfortable living environment to suit the needs of its occupants and the community."

There will be 56 resident parking spaces, so every apartment has at least one parking space, and a further three visitor spaces.

<img alt="Tocu" data-entity-type="file" data-entity-uuid="2cc48d08-085a-48fb-a223-0db08cf3058b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-08%20at%202.57.20%20pm.png?VersionId=IG2lY_h_89Xdgx5YbKmnbrMUeHvhecfG" />

Tocu, led by developer Thomas Gray, has created several townhouse developments across Brisbane.

They were behind Fulcher Lane in Red Hill, completed a few years ago, while they are now working on&nbsp;The Archer Residences in Sherwood, 38 three and four-bedroom homes and townhouses at 60 Railway Terrace.

Brisbane off the plan apartments

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