Longstanding Gold Coast and Canberra developer <a href="https://www.apartments.com.au/developers/morris-property-group">Morris Property Group</a> is continuing to roll on with its Glitter Strip apartment pipeline, seeking to return to Mermaid Beach with a new 68-apartment development.

Morris, founded by Barry Morris in 1978 and one of the Gold Coast’s most prolific apartment developers over the past two decades, has filed plans for a 12-storey mixed-use building at <a href="https://www.apartments.com.au/new-apartments/36-seabeach-avenue-mermaid-beach-qld-4218">34-36 Seabeach Avenue</a>, on the prized eastern side of the Gold Coast Highway.

The 1,227 sqm site occupies a prominent corner position at Seabeach Avenue and the Gold Coast Highway, opposite the Mermaid Plaza retail and office precinct and around 140 metres walking distance from the future Mermaid Beach South light rail station.

<a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser &amp; Partners</a> has designed the project, which will comprise 68 apartments across a mix of 48 two-bedroom and 20 three-bedroom residences.

The building will rise 12 storeys, reaching a maximum height of 36 metres, with the apartments accounting for a total of 156 bedrooms. The development application also seeks approval for short-term accommodation across the 68 apartments, while two office tenancies are proposed at ground level.

The plans show 108 car spaces across the development, with parking accommodated at ground level and within a three-level basement accessed from Seabeach Avenue.

<img alt="Seabeach Avenue and the Gold Coast Highway" data-entity-type="file" data-entity-uuid="c2175c99-12fd-4a3c-9be1-89bbf258a90d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-20%20at%202.59.41%E2%80%AFPM_0.png?VersionId=iNLzWcE6gaAE76rafhEXfHve.4g4Se0p" />

Resident amenity will be concentrated on level two, where Fraser &amp; Partners has designed a recreation deck with a swimming pool, 90 sqm pool terrace, outdoor barbecue area and gym.

The broader communal offering will also incorporate landscaped spaces, with the planning documents noting the amenity has been designed to provide areas for recreation, social interaction and outdoor living.

The proposal would continue the transformation of the Gold Coast Highway corridor through Mermaid Beach ahead of the arrival of the light rail.

The site is zoned Neighbourhood Centre and sits within the Mermaid Beach/Broadbeach Light Rail Corridor neighbourhood plan. While the prescribed building height is 24 metres, the site is identified within an Urban Neighbourhood context providing for a 50 per cent height uplift to 36 metres.

Planning documents describe the stretch of the Gold Coast Highway between Broadbeach and Nobby Beach as increasingly characterised by medium and high-rise development, with the proposed Morris tower joining projects including Ventura, The Alfred, Oceans and Otto.

<img alt="Seabeach Avenue and the Gold Coast Highway" data-entity-type="file" data-entity-uuid="911f193f-e381-4a55-be08-58be87fcf978" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-20%20at%202.59.48%E2%80%AFPM.png?VersionId=oxVvLJaY.SOXEdXrIcogfyEXDfvCmmpM" />

The development would mark Morris Property Group's latest investment in Mermaid Beach, where it has already delivered two apartment projects.

Otto, at 1 Bondi Avenue on the western side of the Gold Coast Highway, comprises 70 apartments across nine storeys. The project was completed in 2019 and includes a residents' gym, recreation deck and swimming pool.

Morris also developed Oceans at 46 Ocean Street, a nine-storey, 70-apartment build-to-rent development completed in 2019. Oceans was the group's first build-to-rent project and incorporates commercial space at ground level.

The two existing Morris projects sit further north along the same Gold Coast Highway corridor as the proposed Seabeach Avenue development. Fraser &amp; Partners' planning analysis specifically identifies both Otto and Oceans among the established built-form precedents surrounding the site.

<img alt="Seabeach Avenue and the Gold Coast Highway" data-entity-type="file" data-entity-uuid="14925119-7b71-4812-8149-340317512c7c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-20%20at%203.00.15%E2%80%AFPM.png?VersionId=aEJqYuw_nTCjcin17BSD0piB1EFotTlj" />

Mermaid Beach represents only part of Morris' considerable Gold Coast footprint.

The family-owned developer has been particularly active in neighbouring Broadbeach, delivering projects including Sierra Grand, Eclipse, Synergy, Qube, Koko, Opus and Malo, while its current pipeline includes Maison and the two-tower Crest development.

Further south, Morris has also developed a string of projects in Burleigh Heads, including Element, Boardwalk and Sandbar, while Essentia expanded its footprint north into Surfers Paradise.

The Seabeach Avenue application has been lodged by PMM Broadbeach Pty Ltd and seeks a development permit for a Material Change of Use for multiple dwellings, short-term accommodation and office uses. Zone Planning Group prepared the planning application, with Fraser &amp; Partners commissioned as architect.

The project comes as the developer continues to expand its Gold Coast pipeline while retaining a significant presence in Canberra. Morris now has more than $2.5 billion of development in its national pipeline and has delivered more than 7,000 homes during its near five-decade history

Joel Robinson

First look: Morris Property Group returns to Mermaid Beach with new Seabeach Avenue apartment development

<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/developers/fortis&amp;source=gmail&amp;ust=1787272340808000&amp;usg=AOvVaw3hvFB2uWTRfEyEcpTSnnK9" href="https://www.apartments.com.au/developers/fortis" target="_blank">Fortis</a>&nbsp;is continuing its stronghold on Sydn​ey’s eastern suburbs apartment market, launching&nbsp;in September&nbsp;its latest boutique&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/developments/double-bay-nsw-2028&amp;source=gmail&amp;ust=1787272340808000&amp;usg=AOvVaw0GI5S9-wNeiLUnM-d1uYkw" href="https://www.apartments.com.au/developments/double-bay-nsw-2028" target="_blank">Double Bay</a>&nbsp;development,&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/new-apartments/55-william-double-bay-55-william-street-double-bay-nsw-2028&amp;source=gmail&amp;ust=1787272340808000&amp;usg=AOvVaw2YNouJQcFjiTTgVHbgDLA-" href="https://www.apartments.com.au/new-apartments/55-william-double-bay-55-william-street-double-bay-nsw-2028" target="_blank">55 William</a>.

55 William presents&nbsp;just eight north-facing&nbsp;two-bedroom, three-bedroom and full-floor&nbsp;residences to the market, priced from $4.5 million.

The upcoming launch comes just weeks after Fortis secured approval for the $80 million development, its third eastern suburbs approval in two months. Construction is already underway, with completion targeted for 2028.

[smartcode_project:default project_id=152579 project_image_fid=376250]

55 William adds to a growing concentration of Fortis projects in and around Double Bay, a market the developer has become increasingly active in over recent years.

Fortis previously completed the nine-residence Marmont on New South Head Road, while it is currently developing a mixed-use residential and retail project at 12 Cross Street. Its wider Double Bay footprint also extends into commercial and retail development.

The developer's broader Sydney residential pipeline is particularly concentrated across the eastern suburbs, with projects spanning Doub​le Bay, Ro​se Bay, Wo​ollahra, Dar​ling Point, Poi​nt Piper and Eli​zabeth Bay.

[smartcode_project:default project_id=152579 project_image_fid=376253]

At 55 William, Fortis has again turned to MHN Design Union, the architecture practice behind several of its eastern suburbs projects, while London-based 1508 London has been appointed to handle the interiors and Wyer &amp; Co the landscaping.

The six-level building will comprise a combination of two and three-bedroom apartments, including a garden residence, full-floor apartments, a sub-penthouse and penthouse. Each residence will have secure basement parking and private outdoor space.

A rooftop terrace for all residents, along with select apartments, enjoys views across Double Bay Harbour and toward the Sydney skyline.

Ceiling heights will reach up to three metres&nbsp;in select residences, while the kitchens will feature natural stone and integrated Gaggenau appliances.

&nbsp;

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The boutique nature of the project reflects the type of stock Fortis has increasingly targeted across Sydney's eastern suburbs, where larger apartments and smaller buildings are being pitched primarily toward local owner-occupiers and downsizers.

Fortis Group General Manager Ed Eve said the developer continues to see demand from buyers wanting to remain in the eastern suburbs but move into newer, lower-maintenance housing.

“We're seeing continued demand from local owner-occupiers and downsizers looking for high-quality homes that allow them to remain in the eastern suburbs, close to the lifestyle and community they know,” Eve said.

55 William is also one of the early projects to respond directly to the NSW Government's Low and Mid-Rise Housing reforms. Fortis had previously secured approval for just two townhouses on the 599 sqm site before revising the scheme to eight apartments following the planning changes.

Situated one street back from Double Bay's water's edge, the project enjoys an enviable harbourside setting within walking distance of Double Bay Village and the ferry wharf.

[smartcode_project:default project_id=152579 project_image_fid=376252]

Fortis has increasingly made the eastern suburbs a major focus of its Sydney pipeline. Beyond Double Bay, it recently completed the 14-residence Piper in Point Piper and has projects underway or planned across Rose Bay, Woollahra and Darling Point.

The developer recently secured approval for Verano in Rose Bay, a six-level development comprising 21 two, three and four-bedroom apartments, also designed by MHNDU.

55 William&nbsp;is soon to be release to the market with VIP appointments commencing early September,&nbsp;with residences priced from $4.5 million.

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Fortis continues eastern suburbs push with 55 William launch

UAE-based developer Arada has unveiled plans for a $2 billion twin-tower apartment development in Broadbeach, marking its first move into Queensland as it continues its rapid expansion across Australia.

Arada will develop 952 apartments across two towers on a prominent site opposite the Gold Coast Convention and Exhibition Centre, with the project targeted for completion ahead of the Brisbane 2032 Olympic and Paralympic Games.

The project represents Arada's largest commitment to the Australian market since arriving in the country in 2024 and significantly expands a local pipeline that has now grown to eight projects and more than 5,000 homes.

It will also be the first major Queensland project delivered by Roberts Co since the tier-one contractor was acquired by Arada Group in 2025.

Plus Studio has designed the Broadbeach development, which will comprise one, two and three-bedroom apartments across two towers connected by a landscaped podium.

A significant resident amenity offering will include lagoon and lap pools, a gym, sauna and steam room, alongside a mist room, infrared room and salt scrub facilities. Communal terraces, private dining areas, a library, residents' lounge and work-from-home spaces are also planned. Around 1,200 sqm of retail and hospitality space will occupy the ground floor.

The site puts Arada in one of the Gold Coast's most active apartment markets, directly opposite the convention centre and within walking distance of Pacific Fair, The Star Gold Coast and Broadbeach's dining and retail precinct.

It also has immediate access to the Gold Coast light rail network and sits just a few blocks from the beach.

Arada Group Chief Executive Ahmed Alkhoshaibi said Broadbeach represented an opportunity for the developer to expand beyond its initial NSW pipeline.

“Broadbeach is a world-class address that gives us the canvas to create a community of exceptional design and lifestyle quality that genuinely enriches the daily lives of the people who call it home,” Alkhoshaibi said.

“This is our first development outside New South Wales, and it reflects our growing ambition to grow in key urban markets around the country.”

Alkhoshaibi said bringing Roberts Co into the project would give Arada greater control over the development and construction process.

“Delivering this project through Roberts Co, our own tier-one construction business, means we can bring the quality, pace and accountability that our buyers expect.”

The move into Broadbeach comes as Arada accelerates its Australian expansion following its entry into the market two years ago. The developer has assembled a pipeline of eight projects comprising more than 5,000 homes, while the acquisition of Roberts Co last year gave the group its own Australian construction capability.

Globally, Arada has a development portfolio valued at $50 billion comprising more than 55,000 homes across the UAE, United Kingdom and Australia.

The Gold Coast is emerging as the next major market for the developer, with strong population growth and infrastructure spending ahead of the 2032 Games continuing to underpin significant apartment development across the coastal strip.

Arada plots $2 billion Broadbeach towers in major Queensland move

Sydney’s downsizer market is changing, with a growing cohort of buyers prioritising the right home over simply finding a smaller one.

Coronation Property Head of Sales Cam Porter says the traditional idea of downsizing does not necessarily reflect what many buyers are now looking for, particularly those moving from established family homes across Sydney.

Instead, he says they are increasingly becoming “right-sizers”, seeking lower-maintenance homes without sacrificing the space, amenity or quality they have become accustomed to.

“We are increasingly seeing buyers who are not motivated by the idea of simply moving into a smaller property,” Porter says.

“They are right-sizers. They want a home that is easier to manage and better connected, but they still expect generosity, quality and a floorplan that supports the way they live.”

It is a subtle but important distinction in a market where apartment developers are increasingly targeting established owner-occupiers.

[smartcode_project:default project_id=135149 project_image_fid=377495]

For many of these buyers, moving from a house to an apartment is not driven by a desire to dramatically reduce their living space. Instead, the appeal is in removing some of the maintenance associated with a larger home while retaining generous living areas, storage and enough flexibility to accommodate family and friends.

Coronation’s sales team is seeing buyers place particular importance on natural light, practical storage and additional rooms that can be used as guest bedrooms, home offices or secondary living spaces.

Kitchens and dining areas are also playing an increasingly important role, particularly for buyers who regularly entertain or have children and grandchildren visit.

[smartcode_project:default project_id=135149 project_image_fid=377494]

“These buyers still want their home to feel generous,” Porter says.

“They may want less maintenance, but they are not looking for less life.”

The challenge for the broader housing market is providing enough of the right stock to encourage that move.

While much of the discussion around Sydney’s housing shortage has centred on the number of homes being delivered, Porter says the diversity of those homes is equally important.

Older homeowners can remain in large family houses for longer when they cannot find an appropriate alternative in the neighbourhoods where they have built their lives.

“The decision is rarely as simple as wanting fewer bedrooms,” Porter says.

“People are weighing up their connection to a neighbourhood, the space they need for family, the quality of the home and whether it will continue to work for them over the long term.”

It also has implications beyond the downsizer market. Providing suitable apartments for smaller households can free up established houses for families who need the additional bedrooms and land, creating greater movement through the housing market.

<h2>Lillian targets the next stage of apartment buyer</h2>

It is a buyer Coronation is targeting at <a href="https://www.apartments.com.au/new-apartments/lillian-erskineville-9-metters-street-erskineville-nsw-2043">Lillian</a>, its new collection of apartments, terraces and penthouses at Erskineville Village.

Designed by Silvester Fuller, Lillian has been shaped around larger living spaces, natural light and flexible floorplans, alongside landscaped areas, wellness amenity and communal spaces for residents.

The development will form part of Coronation’s broader Erskineville Village precinct, which will combine new homes with green space, retail, hospitality and new pedestrian connections.

[smartcode_project:default project_id=135149 project_image_fid=377688]

McPherson Park will sit at the centre of the precinct, creating a significant new green space alongside the project’s retail and hospitality offering.

For Porter, the opportunity is to give buyers another housing option without forcing them to leave the part of Sydney they already know.

“People should be able to change the type of home they live in without having to change their entire life,” he says.

“For many buyers, Lillian offers the opportunity to remain connected to the Inner West and the city, while gaining access to a more convenient, walkable and considered way of living.”

[smartcode_project:default project_id=135149 project_image_fid=377687]

Coronation will explore the changing <a href="https://lillianresidences.com.au/news/lillian-x-space-x-downsizers-event-27-august/">right-sizer market at an event on August 27</a>, bringing together experts across property, design and lifestyle.

Held in partnership with SPACE, Poliform and Downsizer.com.au, the event will include a property market outlook from economist Michael Blythe alongside discussion around the considerations facing buyers planning their next move.

Attendees will also be able to learn more about the residences and amenity planned at Lillian Erskineville.

[smartcode_project_cta:default project_id=135149]

From downsizing to right-sizing: What Sydney buyers want from their next home

Family-owned builder and developer <a href="https://www.apartments.com.au/developers/omaya">Omaya</a> is bringing its 27-storey The Maybelle development to market, with the 229-apartment tower rising alongside Ismay Reserve near North Strathfield.

<a href="https://www.apartments.com.au/new-apartments/the-maybelle-21-parramatta-road-homebush-nsw-2140">The Maybelle</a> will comprise one, two and three-bedroom apartments, with its height providing elevated outlooks towards the Sydney skyline and Harbour Bridge, while other residences will look across neighbouring Ismay Reserve.

Designed by <a href="https://www.apartments.com.au/architects/squillace-architects">Squillace Architects</a>, the tower combines its parkside setting with proximity to the established retail, dining and transport amenity around North Strathfield.

[smartcode_project:default project_id=134873 project_image_fid=376196]

Residences will feature open-plan living spaces and a choice of two interior schemes, while communal amenity is spread across two elevated levels of the building.

Level 8 will be home to the Garden Pavilion, a full-floor resident space incorporating communal entertaining and breakout areas, seating and recreation spaces. Further up the tower, a landscaped Sky Terrace on Level 14 will provide another communal area with panoramic views towards the Harbour Bridge and Sydney skyline.

At ground level, the development sits directly alongside Ismay Reserve, where lawns, walking paths, children's play areas, picnic spaces and recreational facilities extend the green space available immediately around the project.

[smartcode_project:default project_id=134873 project_image_fid=376194]

The Maybelle is also within walking distance of North Strathfield and the Bakehouse Quarter, which provides a mix of cafés, restaurants, shops and everyday services.

Existing rail and bus services provide connections across Sydney, while the future North Strathfield Metro and access to the M4 will add to the transport options available around the precinct. Walking and cycling routes also extend via Powells Creek towards Sydney Olympic Park and its sporting, entertainment and parkland precincts.

Families are also well positioned for access to a broad selection of established schools and education options across Strathfield and the surrounding Inner West.

[smartcode_project:default project_id=134873 project_image_fid=376181]

Omaya has operated in Sydney for more than 35 years, managing projects from acquisition and design through to construction and delivery. The family-owned company is both developer and builder of The Maybelle.

Apartments start from $560,000, with the development protected by 10-year Latent Defects Insurance.

Construction is well underway, with completion expected by the end of 2026 and move-in anticipated from Q1 2027.

[smartcode_project_cta:default project_id=134873]

The Maybelle brings 27-storey parkside tower to market near North Strathfield

Brisbane off the plan apartments

Boutique property developers PYCO Group has named Brick Constructions as their builder for their latest residential development in Albion, which is due to commence soon.&nbsp;

The group are no strangers to Brisbane's inner city, having completed The Bailey apartments in the burgeoning West End.&nbsp;

Nouveau will deliver 42 apartments to the up and coming riverside suburb, which has been on the radar for many buyers due to the area's growing nightlife scene which is centred on a stretch of former warehouses featuring craft breweries and pubs with a trendy, laid-back atmosphere.&nbsp;

[smartcode_project:default project_id=113348 project_image_fid=204229]

Positioned atop a supreme hill, Nouveau takes advantage of its elevated location to offer views of the Brisbane city skyline and neighbouring suburbs.

They engaged DAH Architecture to design the apartment building which reflects Albion's rich heritage, integrating a façade composed of brickwork, concrete, and natural greenery into the local streetscape.

DAH's design philosophy&nbsp;looked to optimise natural daylight, air and ventilation, as well as shade, living greenery, outdoor space, orientation, identity, and sustainability.

[smartcode_project:default project_id=113348 project_image_fid=204234]

The use of luxury oak timber flooring, stone benchtops, and splashbacks adds a touch of elegance to each residence, while sheer curtains and blinds are included in all homes, providing privacy and enhancing the overall aesthetic.

Select residences feature courtyards, lawns, and balconies, while others boast private rooftop terraces and double-height balconies.

[smartcode_project:default project_id=113348 project_image_fid=204228]

Buyers also have upgrade options, including turning the rumpus room into a fourth bedroom, in a bid to attract a diverse buyer group.&nbsp;

Two secure basement provides car spaces for all the residences, while select residences also offer secure basement storage.

Only a limited supply of three and four-bedroom apartments remain on offer at Nouveau, with prices from&nbsp;$1.395 million.&nbsp;

[smartcode_project_cta:default project_id=113348]

Pyco are no strangers to Brisbane's inner city, having completed The Bailey apartments in the burgeoning West End. 

alisonwarters@gmail.com

Construction on Nouveau, Albion apartments, due to commence 

Stones Corner, a fringe suburb of Woollangabba in Brisbane, wasn't even a suburb until 2017, it was officially a "precinct" within the suburb of Greenslopes.

It became a suburb in 2017, but sat on the sidelines to the Wooloongabba. But since the announcement of the&nbsp;2032 Brisbane Olympics, developers have started to&nbsp;purchase sites, submitting applications, and launching new projects.

Veteran Brisbane developer Stockwell is the latest to take advantage of the area's location, albeit with an asset they've owned for over 15 years.

They're looking to redevelop Stones Corner Village, its 3,395 sqm retail and dining precinct just off Hanlon Park.&nbsp;

<img alt="Stones Corner Village" data-entity-type="file" data-entity-uuid="6fdb4ed7-fc20-4626-86db-4ae299721018" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-19%20at%209.21.17%20am.png?VersionId=QQcEN7dNz4BdZ37Y6S3ns8hYur9N0y5j" />The perspective from Logan Road. Image credit: MK Architecture

They've proposed a new mixed-used precinct at 405 Logan Road, which will incorporate 209 apartments across two towers, dubbed Logan and Cleveland, which will sit above 3,000 sqm of retail.

Logan will have 110 two, three and four-bedroom apartments, and Cleveland will comprise 99 one, two and three-bedroom units. Both towers have been designed by MK Architecture.

Stockwell have owned the 5,709 sqm site since 2006, which currently homes 20 retailers and is anchored by an Aldi. Over 500 new car parking spaces will be provided, and 252 bicycle spaces.

<img alt="Stones Corner Village" data-entity-type="file" data-entity-uuid="a405b295-19e0-4fe6-b487-f74b548ef45a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-19%20at%209.21.24%20am.png?VersionId=gQJKGcNmSwjBrwOa7Lzgl1NnQ2kHNhT8" />The perspective from Cleveland Street. Image credit: MK Architecture

Archipelago Architects were commissioned to create a Suburban Renewal Opportunities Analysis, which noted there were a number of major landholders in the Stones Corner precinct, who have ownership of consolidated properties.

"These consolidated landholdings present opportunities for catalyst development within the precinct," the report noted.

"Many of these properties span the width of blocks between different streets and present opportunities to improve connectivity."

The report said Stones Corner was once a busy retail strip where the factory outlets were situated, however since early 2000, a chain of events have led to a large number of vacancies along the once bustling strip.

Stockwell's project not far from Hanlon Park, which has recently been transformed into "an attractive and versatile public space that supports the growing Stones Corner Precinct – creating a vibrant urban oasis with more to see and do”.

<img alt="Stones Corner Village" data-entity-type="file" data-entity-uuid="98ed5048-d937-4d0b-8023-f76ab3cc7208" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-19%20at%209.16.25%20am.png?VersionId=9f9vQgqT8vuyC33N9egfZEx0RGWck2cY" /> 
The location of the Stones Corner Village. Image credit: MK Architecture

Stockwell have also submitted a development application for another 96 apartments in West End, on a 1,986 sqm site at 399 Montague Street.

MK Architecture have again handled the designs. There will be&nbsp;32 one-bed apartments at 50 sqm, 48 two-bedders between 71 sqm and 83 sqm, and 16 three-bedroom apartments with 110 sqm of space.

That unnamed tower will be crowned with a rooftop amenity level with a swimming pool. A podium will feature 584 sqm of retail space and 1,290 sqm of commercial.

<img alt="Stockwell West End" data-entity-type="file" data-entity-uuid="10f72628-f4d2-459c-8d39-9bbb45c47444" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-19%20at%209.19.08%20am.png?VersionId=UJXB.NXVcjniah7sN5jsGFTFQmJ5ppaJ" /> 
The plans for 399 Montague Street, West End. Image credit: MK Architecture

RPS wrote in the town planning report that over the&nbsp;coming years, South Brisbane will emerge as a vibrant new urban community, confident of its place in Brisbane’s heart.

"A short walk from the CBD, South Brisbane will be a new sub tropical inner-city community with a mix of contemporary apartments, state-of-the art offices and world-class cultural venues, educational facilities and accommodation.

"It will be a place to learn, shop, dine, visit and celebrate mixed within a urban forest. South Brisbane will capture the rhythm and spirit of Brisbane’s outdoor lifestyle, opening up subtropical boulevards, laneways and pocket parks to the people for play, relaxation and civic events."

Veteran Brisbane developer Stockwell is the latest to take advantage of the area's location, albeit with an asset they've owned for over 15 years

First look: Stockwell plot Stones Corner Village redevelopment

Brisbane's off the plan property market led the country in sales comparative to how much stock is on the market, according to Urbis' Apartment Essentials National Snapshot Q1 2023.

Brisbane just edged the Gold Coast having the highest sales rate as a percentage. Nearly a fifth of apartments that were on the market sold in Q1.

Sydney and Perth were just below the 10 per cent mark, while Melbourne had the largest gap with just five per cent of apartments selling compared to how many are on the market.

<img alt="Brisbane Q1" data-entity-type="file" data-entity-uuid="81fa8299-1584-4fda-8cb9-b0889a7f574e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-15%20at%208.33.22%20am.png?VersionId=WWA34iAicIoYMjKHpZMnlSfnL_cyK3cM" />

Brisbane was pushed to the highest sales to supply rate due to two projects in Toowong.

Mosaic's The Prescott, which is only in its presale phase, secured 94 sales in Q1 with an average sale price of $973,000. There's only 100 apartments in the Lissner Street development.

The next best performer was Monarch Residences, the recently launched project by Don O'Rorke's Consolidated Properties. They scored 75 sales in Q1, at an average sale price of just over $1 million. Nine apartments in the development have sold for over $4 million.

They've got 224 apartments across the two towers, which Hutchinsons Builders have just started constructing.

[smartcode_project:default project_id=113455 project_image_fid=211492]

James MacGinley, Head of Residential at Consolidated Properties Group, said the key to selling in the current market is really understanding the buyer demographic.

"At Monarch Residences, we have split our penthouse collection between the top floors and the lower level along the riverfront.

"This decision was made to appeal to two distinct groups of buyers - those wanting a traditional penthouse with horizon views, and those looking for a ‘river home’ with the benefits of apartment living."

Mirvac's Isle Waterfront project in Newstead, which is currently under construction, secured 21 sales in Q3 as it approaches sell out. The ASX-listed developer has sold over 110 apartments to date, at an average sale price of $1.261 million.

<img alt="Brisbane Q1" data-entity-type="file" data-entity-uuid="fe488c7b-90e0-4a06-b2be-25eec93ab903" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-15%20at%208.36.04%20am.png?VersionId=sgv7Ic3oxTsVdoSlngtQb_znnMqwWMWz" />

Sekisui's giant West Village masterplan has performed consistently well ever since the national developer started the masterplan over seven years ago.

Their sixth and seventh tower in the masterplan, Uno and Duo, which make up the Allere Collection both saw continued sales through Q1 2023. Uno, which has 94 apartments, secured 19 sales in the first three months of the year, and it's neighbouring Uno tower had 16 sales.

Both buildings, designed by Rothelowman, are under construction and have just over 20 apartments left in each. Two-bedroom apartments are still available, priced from $860,000.

[smartcode_project:default project_id=114215 project_image_fid=207148]

One of the five-bedroom penthouses made headlines earlier this year when it sold for $7,016,000, a record for West End.

The Allere Collection will be the penultimate opportunity to buy into the thriving $1.1 billion community. Only one more tower will rise from the West End precinct, Callista on Park, which will comprise 74 three and four-bedroom apartments.

Read more:&nbsp;<a href="/news/qld/first-look-exclusive-sekisuis-plans-for-west-village-final-tower-callista-on-park">First look exclusive: Sekisui's plans for West Village final tower, Callista on Park</a>

Since kicking off the development of West Village seven years ago, on the site of the landmark Peter's Ice Cream factory, the $1.2 billion village has&nbsp;won more than 50 awards, the most recent being the&nbsp;internationally renowned 2022 ULI APAC Award for Excellence.

Brisbane just edged the Gold Coast having the highest sales rate as a percentage. Nearly a fifth of apartments that were on the market sold in Q1

Brisbane sales to stock levels in Q1 2023 outperforms every capital: Urbis Apartment Essentials Q1 2023

Savve Construction have continued to see sales at their Indooroopilly apartment development, The Audrey, where they've recently kicked off construction.

The Clarence Road development of just 35 apartments is now over 70 per cent sold, highlighting the strength of the tight Brisbane off the plan apartment market.

The rooftop facilities alone are enough to captivate any buyer, boasting a swimming pool, sun lounges, cabanas, and separate barbecue and dining areas.

[smartcode_project:default project_id=94824 project_image_fid=209991]

There's also a conversation zone complete with a fire pit, providing further breakout and socialisation space within the development.&nbsp;

The ground floor foyer lobby welcomes residents with a sense of elegance and style, while a residents' library provides a quiet space for relaxation. For those with furry friends, a dedicated dog grooming and spa area ensures that every member of the family is well taken care of.

The residences are generous in size, filled with natural light and offering multiple aspects, creating an open and inviting atmosphere.

The large, luxurious kitchens are the heart of these homes, serving open-plan living and seamlessly connecting indoor and outdoor spaces.

[smartcode_project:default project_id=94824 project_image_fid=209993]

The apartments also offer a range of features, including laundries, ensuites, media rooms, butler's pantries, and expansive storage.

Location plays a significant role in the allure of the development. Situated on tree-lined Clarence Road, residents will find themselves just moments away from a vibrant array of cafes and restaurants, world-class shopping destinations, and prestigious golf courses.

The convenience of nearby train stations and the new boardwalk along the Brisbane River adds an extra degree of accessibility, connecting residents to the city.

[smartcode_project_cta:default project_id=94824]

The rooftop facilities alone are enough to captivate any buyer, boasting a swimming pool, sun lounges, cabanas, and separate barbecue and dining areas

The Audrey, Indooroopilly hits 70% sold with construction underway

Brisbane's West End has been experiencing a renaissance of sorts, with a number of developers taking to the sought after riverside enclave in recent times.&nbsp;

Sekisui House Australia are currently in the midst of developing their West Village project which will deliver a number of new apartment buildings to the area, along with a host of retail, dining and recreational amenities.&nbsp;

Joining the ranks in continuing the development of the suburb, development and building group Pradella Developments has unveiled the final phase in their $1.3 billion Montague Markets precinct, releasing Cascade Residences to the market.

Following the success of Stage One, Wave Residences, Cascade Residences, located within Pradella's The Lanes development, presents an array of floorplans, with a collection of one, two and three-bedroom apartments, as well sky homes and penthouses.&nbsp;

[smartcode_project:default project_id=112433 project_image_fid=206887]

Nestled within the West End Riverside precinct, residents of The Lanes will find themselves immersed in a picturesque setting, with kilometres of green environments, walkways, and bike paths tracing the scenic Brisbane River. The proximity to nature is balanced with access to Brisbane's premier cultural hub and the bustling Brisbane City, ensuring residents can enjoy the best of both worlds.

Designed by the renowned bureau^proberts, the 139-apartment project The Lanes has been crafted to create a blend of functionality and aesthetic appeal.

The interiors of the latest release are spacious, bright, and designed to impress. The balconies take on a fluid shape, which adds a touch of individuality to each residence and also create a seamless connection with the internal living spaces, while the kitchens feature full-height cabinetry that integrates appliances, a breakfast bar, pantry, and plenty of deep drawers for storage.&nbsp;

Residents will have access to an array of amenity within The Lanes, including sculptured gardens, a private dog park, and a rooftop retreat, complete with a wellness centre.&nbsp;

[smartcode_project:default project_id=112433 project_image_fid=206890]

The crown jewel of the amenities is the infinity edge lagoon pool, which takes in panoramic city views, coupled with a range of indoor and outdoor dining enclaves, which too soak in the expansive views.&nbsp;

Situated in West End's Riverside peninsula, less than three kilometres from the CBD, residents have convenient access to peninsula parklands, riverfront boardwalks, and Brisbane's cultural precinct. The proximity to theatres, farmers markets, renowned restaurants, transportation options, and the CBD ensures that residents are always connected to the vibrant pulse of the city, while families with children will appreciate the proximity to some of Queensland's best schools and universities, with Brisbane State High School located within a 10-minute drive.

Pradella has begun construction on the first stage Wave Residences, with a mix of one, two and three-bedroom residences remaining across both releases.&nbsp;

[smartcode_project_cta:default project_id=112433]

Following the success of Stage One, Wave Residences, Cascade presents an array of floorplans, with a collection of one, two and three-bedroom apartments, as well sky homes and penthouses. 

Pradella release Cascade Residences in The Lanes, West End

Arden Group's Panorama apartments in Bowen Hills have reached their final release, offering buyers the opportunity to secure their dream homes in an architecturally-designed development.

Boasting a prime location just two kilometres from the CBD and a mere 10-minute drive to the airport, Panorama offers an unparalleled living experience with its exceptional features and convenient access to Brisbane's vibrant lifestyle destinations.

The completed apartments feature a choice of one-bedroom plus a multipurpose room or&nbsp; two-bedrooms, catering to a variety of needs and preferences. With varying floor plans available, buyers can find the perfect layout to suit their lifestyle.

[smartcode_project:default project_id=7711 project_image_fid=196808]

The apartments have been designed with superior finishes, including ducted air conditioning, Bosch appliances, timber tile floors, stone benchtops, intercoms, and double-glazed glass windows and doors, ensuring a high level of comfort and luxury.

One of the standout features of Panorama is its breathtaking panoramic views of Brisbane. The development's Skydeck on level 26 offers residents a chance to soak in the beauty of the city with its unobstructed vistas of the Brisbane River and the city skyline. This outdoor oasis also includes an outdoor movie screen, a rooftop bar and dining area, and multiple barbecue areas.

There's also a fully equipped gym available for residents, along with a 30-metre lap pool, a sauna, a zen garden and day beds.

Panorama's location ensures excellent connectivity, with the Bowen Hills Train Station just a short stroll away. With only two stops to the CBD, residents can enjoy the convenience of seamless transportation. Additionally, the RBWH Bus Interchange and Hospital Facilities are within a five-minute walk, making it an ideal location for healthcare professionals or those seeking medical services.

[smartcode_project:default project_id=7711 project_image_fid=196770]

Beyond the development itself, Panorama is surrounded by Brisbane's prime lifestyle destinations. The Gasworks precinct, James Street precinct, and the King Street dining precinct are all within easy reach, offering a multitude of dining, shopping, and entertainment options. Whether residents are seeking a vibrant night out or a leisurely weekend brunch, they are just moments away from some of the city's most sought-after destinations.

Panorama also offers an on-site Property Manager, ensuring that residents receive excellent service and support. With a proven track record of 0 per cent vacancy rates, owners can expect immediate returns, with rental payments made on a weekly basis.

For those looking to invest or find their dream home in Brisbane, Panorama presents an exceptional opportunity. With its completed apartments ready for purchase, buyers can secure their piece of elevated living in this remarkable development. Prices start from $440,000 for a one-bedroom plus MPR and car, and $570,000 for a two-bedroom apartment.

[smartcode_project_cta:default project_id=7711]

The apartments have been designed with superior finishes, including ducted air conditioning, Bosch appliances, timber tile floors, stone benchtops, intercoms, and double-glazed glass windows and doors

Panorama apartments delivers ready-to-move-in-option to Bowen Hills

National builder Huthcinson Builders has kicked off construction at Monarch Residences, the new Toowong riverfront development by Brisbane developer Consolidated Properties Group.

The construction commencement comes after a bull run of sales since the project was launched through Colliers just a few months ago.

&nbsp;

Consolidated have enlisted some of country's leaders in their fields for Monarch. Hutchies, one of the nation's largest construction companies, joins&nbsp;John Wardle Architects and Cottee Parker who collaborated on the design which combines&nbsp;the essence of the quintessential Queenslander with an iconic sub-tropical cosmopolitan lifestyle.

[smartcode_project:default project_id=113455 project_image_fid=211496]

The residences at Monarch have been designed to maximise the river and city views, as well as the abundance of natural light and outdoor space.

The development offers a range of living options, including one, two, three and four-bedroom apartments and penthouses, curated across two 15-storey towers known as River 1 and River 2.

[smartcode_project:default project_id=113455 project_image_fid=211468]

Crowning the towers will be unparalleled rooftop amenity, designed exclusively for residents.&nbsp;The space features a heated infinity pool, an exclusive private dining area, a lounge that can double as a work-from-home space, a sauna, a 'Winter Den,' and several private barbecue seating areas.&nbsp;

Monarch Residences is located three kilometres from the heart of Brisbane's CBD, while the development is also just moments away from renowned educational facilities, the Regatta Ferry Terminal, the Bicentennial Bikeway, and the Toowong Train Station.&nbsp;

[smartcode_project:default project_id=113455 project_image_fid=211495]

The Monarch precinct, where the development is situated, will also include the proposed new Toowong-to-West End Green Bridge, a Riverfront Park, a cycle path, and walkway access.

Additionally, the historic Middenbury House, located within the precinct, is undergoing contemporary restoration and will become a landmark riverfront restaurant and café, adding to the vibrancy of the area.

Construction on the project is slated for late 2026.&nbsp;

[smartcode_project_cta:default project_id=113455]

The construction commencement comes after a bull run of sales since the project was launched through Colliers just a few months ago

Hutchies begin build of Consolidated Property Group's Monarch Residences in Toowong

The Brisbane property market continues to rebound from its double-digit losses across 2022 and early 2023.

Only the Queensland capital and Perth recorded dwelling value gains of over one per cent (1.4 per cent) across May, according to the latest Home Value Index by property data analytics firm CoreLogic. Brisbane values are now -9.4 per cent below their June 2022 peak.

House values in Brisbane rose by 1.5 per cent to be -9.3 per cent down over the last 12 months.

Units, which incorporates both apartments and townhouses, have faired better during the property market downturn. Their 1.1 per cent value jump in May means they are now 1.4 per cent up over the last 12 months and two per cent since the start of 2023.

The median unit value in Brisbane is now $504,000.

<h2>What's happening in the Brisbane off the plan apartment market?</h2>

There's still a significant undersupply of quality stock across Brisbane. With few new projects launching, sales successes are being achieved across the small selection of apartments on offer.

In their first foray into the Brisbane market, diversified national developer Goldfields has just announced it's already sold half of the apartments in 33 Manning, their Rothelowman-designed tower in Milton.

[smartcode_project:default project_id=108736 project_image_fid=209694]

They've transacted over $14 million worth of sales in the last 10 days alone.

Goldfields CEO Lachlan Thompson says that while demand has been robust from the outset, they've noticed increased buyer sentiment in the past month, with people becoming more confident in making a decision to purchase.

"Buyers obviously need confidence in the developer; however they’re becoming increasingly informed about the instability in the construction sector," Thompson says.

"We’ve found buyers are now placing a premium on builder reputation to ensure certainty on the project outcome and a high quality finish."

[smartcode_project:default project_id=108736 project_image_fid=209941]

The majority of buyers at 33 Manning have been local owner-occupiers who already know and love the area, however Thompson says recently they are seeing the re-emergence of first home buyers seeing what is ahead for values across Queensland.

Consolidated Properties Group have had similar success at their recently launched Monarch Residences in Toowong.

They've sold over 100 apartments in sales having only launched just a few months ago.

[smartcode_project:default project_id=113455 project_image_fid=211497]

Consolidated Properties Group Head of Residential James MacGinley says there's more activity at the top end of the market in recent years, and the price range for luxury property has become broader.

"Monarch Residences project in Toowong has an average price point of $1.9 million and we’ve sold over 100 apartments in the two months since launch, including nine apartments priced at more than $4 million," MacGinley says.

There's been strong early interest for the 11 penthouses which Consolidated have just launched. They range in price from&nbsp;&nbsp;$4.15 million through to $12 million.

[smartcode_project:default project_id=113455 project_image_fid=212794]

MacGinley says the key to selling in the current market is really understanding the buyer demographic.

"At Monarch Residences, we have split our penthouse collection between the top floors and the lower level along the riverfront.

"This decision was made to appeal to two distinct groups of buyers - those wanting a traditional penthouse with horizon views, and those looking for a ‘river home’ with the benefits of apartment living.

"This market-led approach to design is something we employ across all of our residential projects which ultimately underpins sales success.”

Melbourne and Brisbane developer Kokoda property is pushing it's foot down on the Brisbane market. In May they paid a record $100 million for a <a href="/news/qld/kokoda-snare-last-remaining-riverfront-in-teneriffe-for-mixed-use-development">17,600 sqm site on the waterfront in Teneriffe</a>, the last remaining riverfront site in the affluent suburb.

They're planning a huge $1.75 billion mixed-use precinct on the Skyring Terrace block. They've also <a href="/news/qld/first-look-kokoda-file-plans-for-latest-milton-apartment-tower-ruby-ruby">recently submitted plans for a Cottee Parker-designed tower</a> in Milton, near their recently completed The Ambrose by Kokoda, where just the penthouse collection remains.

[smartcode_project:default project_id=6313 project_image_fid=208660]

Kokoda Property Founder and Managing Director Mark Stevens says buyer sentiment remains strong within the Brisbane market due to tightening supply across the country.

"Brisbane, in particular, has witnessed an influx of interstate and student migration, resulting in a significant shortage of houses on the market.

"This current climate signals a fantastic investment opportunity not only for developers launching new projects, but also in support of the great yields that properties are achieving for both investors and owner occupiers between 2019–2023."

Longtime Brisbane developer Gardner Vaughan Group are steadily selling down their current Brisbane projects, but at a controlled pace given the fluctuations in build costs throughout the construction phase.

Sam Gardner , Gardner Vaughan Group's Director of Finance and Sales, says there's a lot of fence sitters at the moment, in particular in the owner-occupier market.

"It’s not necessarily a case of a problem with the product, or the price, it’s a mixture of market pressures.

"Really, the biggest concern from buyers at the moment is; is the building going to get built, will it start, will it finish.

"Being a developer builder certainly helps, and this is why we really focus on our sod turning ceremonies, one of which is coming up at our Stones Corner project.

"Other feedback is of course the interest rate rises which has hampered how much people can borrow. People have too many reasons to not make a decision at the moment, but that will change as demand further outstrips supply.”

Read last month's City Beat May 2023 report <a href="/news/qld/city-beat-may-2023-brisbane-unit-markets-continue-growth-trajectory-as-supply-tightens">here</a>.

There's still a significant undersupply of quality stock across Brisbane. With few new projects launching, sales successes are being achieved across the small selection of apartments on offer

City Beat June 2023: Brisbane's tight supply drives off the plan apartment sales 

Brisbane developer builder,&nbsp;SAVVE Developments &amp; Construction, have ticked off a major milestone at their new Indooroopilly apartment project, The Audrey.

The Audrey, currently under construction on the tree-lined Clarence Road, has been met with keen buyer interest, with over 55 per cent of the 30 apartments already accounted for.

SAVVE Director,&nbsp;Sandro Alberti, told us their research showed that most buyers would be locals, within an eight kilometre radius, which has, so far, been the case.

"Being the builder and developer meant we were able to fully customise, not only the fit out of each apartment but also able to amalgamate two floor plans together to purposely design larger apartments, satisfying our client's desired outcomes," Alberti said.&nbsp;

[smartcode_project:default project_id=94824 project_image_fid=209991]

Designed with owner-occupiers in mind, the development offers a range of amenities that cater to both social and recreational pleasures, with the crowning rooftop terrace a highlight of the project. The space features a swimming pool, along with a number of sun lounges and cabanas, in addition to separate dining areas and barbecue facilities and a fire pit.&nbsp;

There's just 30 apartments set to be constructed within The Audrey, following a number of buyers amalgamating apartments. There's a strong mix of two, three and four-bedroom floorplans on offer in the Prospect Architecture-designed building.

"Of those buyers that decided to opt for larger residences, we have worked together with our architects and them to design magnificent four or five-bedroom apartments that cater for their customised interior preferences," Alberti added.

"With the addition of these unique larger residences within our boutique complex, we've reduced the number of apartments from 35 to now just 30".

The generously sized residences feature herringbone timber floors, which lead out to balconies that have been designed to encompass far reaching views of the surrounding area.&nbsp;

Each apartments is equipped with a laundry, along with an ensuite, media room, butler's pantry and expansive storage.&nbsp;

[smartcode_project:default project_id=94824 project_image_fid=209992]

The ground floor of the building will feature an elegant foyer lobby, setting a welcoming tone for residents and guests alike, along with a residents' library and a dedicated dog grooming and spa area.

Commercial tenancies will also 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;

The location of The Audrey puts residents in prime position to take in the best the riverside suburb has to offer, situated just moments away from an array of cafes, restaurants, world-class shopping, and golf courses. Residents will be within proximity to the Brisbane River's new boardwalk and Indooroopilly Shopping Centre, while also being nearby to the train station, which provides easy connection to the CBD which is located just seven kilometres away.&nbsp;

[smartcode_project_cta:default project_id=94824]

SAVVE Director, Sandro Alberti, told us their research showed that most buyers would be locals, within an eight kilometre radius, which has, so far, been the case

Locals drive Indooroopilly's The Audrey apartments to 55% sold

Having acquired a prime Kangaroo Point riverfront site earlier this year, Sydney and Melbourne developer Fortis has submitted plans for a luxury 14-level tower with full-floor apartments.

Plus Architecture have designed the new tower, dubbed O'connell, on a prime 1,196 sqm riverfront site at 44 O'Connell Street which was bought from architect-turned developer Joe Adsett.

[smartcode_project:default project_id=109322 project_image_fid=233859]

The new plans will feature 14 full floor apartments, spanning 260 sqm of internal space and a 40 sqm, river-facing balcony which will capture east-to-west views&nbsp; from Bulimba to the Story Bridge and Brisbane City.&nbsp;

<img alt="O'Connell" data-entity-type="file" data-entity-uuid="88e04a1b-4fba-4f88-9d08-e34cc9557ad7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-31%20at%205.18.38%20pm.png?VersionId=cAgCbZj3g2sYrg32QcjOSX8PGniT0uIG" />

The only exception is the penthouse, which has the same floorplan internally as the other apartments, but it has a private rooftop terrace with a swimming pool.

Each apartment will have three bedrooms and a multi-purpose space.

The resident amenity is on the ground floor, which will include a gym with a sauna, a riverfront pool, and a grassed lawn, all oriented toward the river where there will be a pontoon with private mooring.

Plus Architecture broke the design concept down into four sections; the cliff top, the cliff, the riverbank, and the river.

<img alt="Fortis Kangaroo Point" data-entity-type="file" data-entity-uuid="51510852-aec5-4b41-83a9-4730d01c5d7b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Kangaroo%20Point.jpg?VersionId=N7Zt3iLpeRnJGh.Hj3b9EZtDeDpZzGPj" />

They said their design prioritises capturing breathtaking views through thoughtful building orientation.

Given the site setback from the street and the street frontage being blocked by the development to the west, we have focused on treating the river as the main public frontage," Plus Architecture's Director Danny Juric said.

"The design incorporates panoramic views of the scenic New Farm area and the serene Brisbane River, fostering a strong connection to nature.

"The living area and master bedroom will be gain glimpses of the the iconic Story Bridge over the river. Views of the vibrant cityscape to the west create a dynamic and engaging backdrop."

Brisbane's subtropical climate was also taken into consideration during the design process, as Plus sought to target solar heat control and cross ventilation.

"The building itself is orientated in response to Brisbane’s climatic conditions," Juric said.

"As the apartments are full-floor, each unit is designed to embrace the elements and reduce reliance on artificial energy sources.

"The simple architectural form comprises of horizontal eaves to provide shading on the north, east and western facades, precast panels are introduced strategically to block unwanted sun, and vertical fins are proposed to provide shading and screening to apartment living areas."

<img alt="Fortis Kangaroo Point" data-entity-type="file" data-entity-uuid="e6105f61-8469-41a2-aef0-4fe335276c2b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-31%20at%201.38.05%20pm.png?VersionId=uXLQ2ztoWsrUsK0mohJVOOmYcOxivB1b" />

On securing both the Kangaroo Point site and a commercial site in Newstead, Fortis Director Charles Mellick said launching in Brisbane was natural progression for the company after their success in premium projects in Sydney and Melbourne. 
​ 
“Our project in&nbsp;Kangaroo&nbsp;Point is a rare offering, this being an absolute riverfront site with no public parklands or roads in front of it.

"The timing is right as we see record-breaking activity in the off the plan luxury market in Brisbane, alongside record prices being achieved in square metre rates.

The planning report by Ethos Urban said&nbsp;44 O’Connell Street offers sophisticated living close to the CBD.

"The tower’s strength in form and earthy tones replicate the terrestrial makeup of its context at Kangaroo Point; and emphasize the historical significance of the area."

[smartcode_project_cta:default project_id=109322]

Plus Architecture have designed the new tower on the 1,196 sqm site at 44 O'Connell Street, which was bought from architect-turned developer Joe Adsett

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