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

Joel Robinson

The apartment price gap drawing Sydney buyers west

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

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

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

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

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

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

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

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

Brisbane off the plan apartments

The inner-west’s latest residential high-rise, 33 Manning, is now 50 per cent sold following a strong run of sales since its launch in February.

Developer Goldfields said the majority of early buyers are owner occupiers seeking value in a city-fringe riverside suburb, access to quality amenities, and forward-thinking design. &nbsp;

Located in Milton, just two kilometres from the Brisbane CBD and adjacent to the Park Road precinct, the 130-apartment tower offers one, two and three-bedroom apartments set over 18 storeys, with city and river views, a rooftop pool, and close proximity to transport options.

[smartcode_project:default project_id=108736 project_image_fid=209694]

Goldfields CEO Lachlan Thompson said demand for 33 Manning has been strong since launch as Brisbane continues to battle undersupply and lower vacancy rates.

“We’re thrilled to see our first built form project in the Brisbane market resonate so well with locals in just four months, but we’re not surprised," Thompson said.&nbsp;

“Undersupply of housing across most of the city, combined with explosive population growth throughout 2021 and 2022, laid the foundation for a robust market that continues to outperform many other cities across the country."

Recent federal government data from the Centre for Population shows Queensland’s population is expected to grow by more than 16 per cent by 2032, with Greater Brisbane expected to grow faster than the rest of the state.

“Queensland is currently leading the way in population growth recovery post-pandemic and Brisbane is preparing to host the 2032 Olympic and Paralympic Games,"&nbsp;Thompson added.

“Although most of the sold apartments have been snapped up by locals who already know and love the area, we’re expecting more interest from interstate and foreign buyers in the future.”

[smartcode_project:default project_id=108736 project_image_fid=209941]

Designed by renowned architects Rothelowman, 33 Manning pays homage to the classic Queenslander home. It offers residents the scale and function of the traditional Sunshine State home, aligned to Brisbane’s subtropical climate and transformed for contemporary high-rise living.

33 Manning is also home to a collection of penthouses, with just eight three-bedroom sky homes on offer. Pitched toward the downsizer market who are after an alternative to a traditional house, each features a master bedroom suite, along with two generously sized bedrooms, three bathrooms, multiple living areas and large terraces, with river and city views.

According to Andrew Scriven, Managing Director of Colliers Residential Queensland, the design and architecture of 33 Manning has been a key driver of interest from buyers, alongside its city-fringe location.

“There’s no doubt that 33 Manning provides some of the best value in the inner Brisbane market," Scriven said.

"A combination of timeless design by award-winning architects, impressive elevation with river, city and mountain views, and the lifestyle it offers close to cafes, restaurants, markets and public transport, makes it a must for both owner occupiers and investors.

“We’ve purposefully designed 33 Manning residences for specific buyer types. Best suited to owner occupiers, our three-bedroom apartments start on level 11 to ensure the best river and city views and aspect."

[smartcode_project:default project_id=108736 project_image_fid=209946]

Scriven suggests 33 Manning's two-bedroom apartments offer size and aspect, and are the best value in the inner city. He says they could yield almost five per cent for investors&nbsp;given the current rental pressures in Brisbane.

“The emphasis on indoor/outdoor living and quality communal amenities including a luxurious rooftop pool, dining spaces, yoga area, garden and sauna, tick the box for those turning to apartment living for lifestyle and affordability.”

33 Manning also offers Brisbane homebuyers a rare opportunity to buy off-the-plan with a deposit of just $10,000, in conjunction with property-buying platform Coposit.

At no cost to purchasers, the free Coposit app allows buyers to secure an apartment at the current price before paying back the rest of the deposit in weekly instalments during the construction phase.

33 Manning is forecasted to be completed in mid-2025.

[smartcode_project_cta:default project_id=108736]

alisonwarters@gmail.com

Milton's 33 Manning races to 50% sold as Brisbane apartment market heats up

The busy Kokoda Property Group have officially lodged their application for their recently acquired site in Brisbane's Milton.

Kokoda, led by Mark Stevens, were already engaged with Cottee Parker before they secured the site at 12 Crombie Street, which will home 145 apartments across a 21-level tower dubbed Ruby Ruby.

There will be 54 one-bed units, 77 two-beds, 12 three-beds, and two four-bedroom penthouses on level 20.

The bulk of the resident amenity will be on the top level, barring a couple of meeting rooms and work from home facilities on the ground level and a podium with a private dining and lounge area,&nbsp;cinema room, and a billiards room.

The centrepiece of the rooftop is the full-width swimming pool which will have wide city views. Also on the roof are a number of cabanas, a firepit area, barbecues, another&nbsp;private dining and bar space, and a gym with a yoga area, plunge pool, and infrared sauna.

[smartcode_project:default project_id=139032 project_image_fid=231171]

In their design statement submitted to the Brisbane City Council, Cottee Parker said the&nbsp;tower design has been developed with a vernacular and sub-tropical conscious in mind.

"The quality in unit design, recreational&nbsp;facilities, ground floor&nbsp;amenities and fluidity&nbsp;in&nbsp;form will assist&nbsp;in&nbsp;developing&nbsp;a&nbsp;building&nbsp;that&nbsp;further invigorates and populates Brisbane, Milton."

An unusual but key inspiration for Cottee Parker was cotton farming and production, which was led by prominent 1850s Milton business developer, Ambrose Eldrige.

[smartcode_project:default project_id=139032 project_image_fid=231170]

"By using fabric and the product of cotton, the architectural vision is to capture the notion&nbsp;of&nbsp;‘Voile’," the report read.

"The organic form of the tower is cloak with perforated herringbone pattern&nbsp;screen. The integration&nbsp;of&nbsp;form and skin of the building create a identity&nbsp;that&nbsp;is&nbsp;unique&nbsp;to&nbsp;Milton with historical reference."

Kokoda have been particularly busy in recent months, having recently spent a record $100 million on the last remaining riverfront development site in Teneriffe.&nbsp;

<a href="/news/qld/kokoda-snare-last-remaining-riverfront-in-teneriffe-for-mixed-use-development">Read more:&nbsp;Kokoda snare last remaining riverfront in Teneriffe for mixed-use development</a>

<a href="/developers/kokoda-property" target="">Kokoda Property</a>&nbsp;Founder and Managing Director Mark Stevens said Brisbane is primed for rapid growth and the Skyring Terrace site will play a pivotal role in the revitalisation of the Newstead and Teneriffe Waterfront Neighbourhood Plan.

“This site has been tightly held for nearly four decades and the potential it offers is unparalleled in terms of creating a major mixed-use waterfront development at a scale that is never to be repeated," Stevens said.

Kokoda also recently signed off on their completed Milton tower, The Ambrose, which is over 95 per cent sold.

Kokoda, led by Mark Stevens, were already engaged with Cottee Parker before they secured the site at 12 Crombie Street, which will home 145 apartments across a 21-level tower

First look: Kokoda file plans for latest Milton apartment tower, Ruby Ruby

South Brisbane's art and cultural precinct is about to welcome its tallest tower yet, as Aria Property Group approaches completion of their latest residential project, Upper House.

The development will be adorned with golden ribbons, which were hoisted up 32 levels earlier this year, signifying the top of the building where the extensive rooftop amenity will sit.

The double-storey rooftop club, an Australian first, will cater to residents' social needs, with a wine bar, a lounge area, a wine cellar, a private theatre room, a private dining room, a home office, and an executive boardroom.&nbsp;

[smartcode_project:default project_id=27918 project_image_fid=80604]

There's also a&nbsp;Wellness Club which is aimed to improve the wellbeing of Upper House's residents. That will feature&nbsp;a rooftop infinity pool that will offer sweeping views of the surrounding area, a jacuzzi,&nbsp;fitness centre, yoga room, day spa, two infrared saunas, treatment room, hot and cold pools, a steam room, seating pods, and a relaxation and reflection pool.

Internationally acclaimed architects, Koichi Takada drew inspiration&nbsp;from Queensland's Moreton Bay fig tree and the organic shapes found in the Daintree Rainforest, for the design of the building, which features dancing balconies and architectural ribbons.

[smartcode_project:default project_id=27918 project_image_fid=80605]

The fluid and sculptural ribbons wind their way up the facade, creating a unique and visually striking presence in the streetscape, with the ribbons intertwining at the rooftop level to form a shaded pergola, enhancing the recreational and wellbeing spaces for residents.

A mix of two and three-bedroom apartments are on offer in Upper House,&nbsp;designed to maximise the sense of height, volume, and space. The project is Aria's first project to feature 3.0-metre high ceilings, with each apartment also set to boast Miele appliances and timber floors.

Consideration for neighbouring properties was a priority in positioning the building on the site, with generous setbacks to each lot boundary preserving neighbouring amenity, while also focussing on maintaining privacy for residents of Upper House.&nbsp;

[smartcode_project:default project_id=27918 project_image_fid=80606]

Adjoining with West End's eclectic dining and entertainment hub, resident's will be well place to take in all South Bank has to offer.

The area attracts over 16 million visitors annually, with landmarks such as&nbsp;the Queensland Performing Arts Centre (QPAC), Gallery of Modern Art (GOMA), Queensland Museum, Queensland Art Gallery, Conservatorium of Music and Brisbane Convention and Exhibition Centre and emerging outdoor Fish Lane Arts Precinct all within walking distance.

The two-bedders are priced from $1 million, while the three-bedroom apartments begin from just under $2 million, with each residence to benefit from a car space or more, in addition to two or three-bathrooms.&nbsp;

[smartcode_project_cta:default project_id=27918]

The development will be adorned with golden ribbons, which were hoisted up 32 levels earlier this year, signifying the top of the building where the extensive rooftop amenity will sit

Aria to deliver Australia's first double-storey amenity rooftop at South Brisbane's Upper House

A new era of exclusive riverside living has arrived with Arden Group taking to East Brisbane for their latest residential development.

Situated on the banks of the Brisbane River, Eighteen Park boasts just 27 residences, providing unobstructed views across the Brisbane River while also being set against the backdrop of the protected Mowbray Park.&nbsp;

Buyer interest has been strong in the development, with the group currently selling the final release of the apartments, with just three-bedroom floorplans remaining.&nbsp;

[smartcode_project:default project_id=113519 project_image_fid=206252]

Eighteen on Park offers seamless integration of indoor and outdoor spaces, enhanced by 2.7-metre ceilings that flood the interiors with natural light and river breezes, while the kitchens, which meet the main living and dining area and balcony, feature state-of-the-art Miele appliances, stone benchtops, and a butler's pantry.

The curvilinear façade, following the meandering course of the river, is adorned with vertical green spaces that soar towards the sky, blending nature and contemporary design. The grandeur of the lobby is accentuated by soaring four-metre-high ceilings.

[smartcode_project:default project_id=113519 project_image_fid=205956]

Crowning the 13-storey building is the rooftop terrace, designed to capture far reaching river and city views. The space will also feature an infinity-edge pool, a sauna, seating pods and a covered barbecue area.

More communal space will also be included on the ground floor in the entry lobby, with a gym equipped with&nbsp;cutting-edge Technogym machines.

[smartcode_project:default project_id=113519 project_image_fid=205959]

Situated on the highly sought-after Park Avenue, residents will enjoy convenient access to the Mowbray Park City Cat, allowing seamless transportation to the city's finest dining and shopping destinations.

The recent announcement of Brisbane hosting the 2032 Olympic Games has spurred significant infrastructure development in the area, including projects such as Cross River Rail, Queens Wharf, and the GABBA redevelopment.

With swift access to the CBD and the Brisbane Airport via the Clem 7, Eighteen Park's location is at the heart of the city's burgeoning growth.

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Situated on the banks of the Brisbane River, Eighteen Park boasts just 27 residences, providing unobstructed views across the Brisbane River while also being set against the backdrop of the protected Mowbray Park

Arden release final apartments in East Brisbane riverfront Eighteen on Park development

Plans have been filed for a twin tower project in Brisbane's south side suburb of Stones Corner.

Peter Gartshore from the family-ran Idec Group are behind the plans on the 3,846 sqm site at 73-85 Cleveland Street, which will feature a striking skybridge connecting the two recreational rooftops designed by NMDS Architecture.

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The submitted town planning report highlights the strategic importance of the proposed site in Stones Corner, stating that it falls within a growth node on a selected transport corridor identified under the City Plan. It emphasises that areas within these nodes offer opportunities for more intense urban forms that cater to the needs of the local community.

Despite exceeding the prescribed eight-storey height limit, the report argues that the proposed development is appropriate for the site and aligns with the desired outcomes of the high-density residential zone.

<img alt="Render of the proposed twin tower Stones Corner development" data-entity-type="file" data-entity-uuid="ad02c016-d0b0-4a00-8987-94391df7526c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-16%20at%2010.57.15%20am_0.png?VersionId=HA9ugUKWWoVT.sMLNezZta6A1OGOH1dn" />Render of the proposed twin tower Stones Corner development. Credit: NMDA Architecture

The report also emphasises the housing crisis in the southeast Queensland region, with low rental and housing stock levels, and states that the project will provide 226 additional housing opportunities in close proximity to centres, community services, and transport options.

Stones Corner, located just over two kilometres from Woollongabba, the home of the 2032 Olympic Games, is undergoing significant urban transformation with the aim of residential and mixed-use densification.

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The towers will boast a design incorporating extensive use of planter boxes adorned with climbing and cascading plants.&nbsp;&nbsp;NMDS Architecture have designed the project.

The skybridge, spanning the gap between the north and south towers, will link a spacious 1273 sqm of communal rooftop recreation space. The recreational area will include amenities such as a pool, spa, terrace area, gymnasium, sauna, showers, change rooms, alfresco and indoor dining areas, a theatre, community garden, and a dedicated dog walking area.

<img alt="Render of the proposed twin tower Stones Corner development. Credit: NMDA Architecture" data-entity-type="file" data-entity-uuid="c6ac9511-8c9d-4850-abfa-110185477d10" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-16%20at%2010.57.40%20am.png?VersionId=gqA7E4EGRrPWzlrhMaNWTPJ1RuYS0exI" />Render of the proposed twin tower Stones Corner development. Credit: NMDA Architecture

The proposed development will prioritise green spaces and landscaping. The landscaping design by Wild Studio includes vertical green walls extending the full height of the building, feature trees at the main entrance on Cleveland Street, raised garden beds, and planter boxes with climbing and cascading plants.

The integration of greenery aims to create a vertical, subtropical micro-climate that enhances the building's appearance, provides cooling to residents, and contributes to the overall streetscape.

The development will include three basement levels with space for 330 cars. While the area is well-serviced by public transport, alternative transportation options will also be provided to residents. A car share system will enable those without vehicles to access ten electric vehicles, and there will be ample bicycle parking spaces, 283 in total, supported by an on-site bicycle workshop.

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Peter Gartshore from the family-ran Idec Group are behind the plans at 73-85 Cleveland Street, which will feature a striking skybridge connecting the two recreational rooftops



Twin tower apartment development proposed for Stones Corner

The outer southern Brisbane suburb of Rochedale, known for its serene ambiance and picturesque landscapes, provides the perfect backdrop for Kinstone's latest development, Aluna.

The town and terrace home community is set to offer residents a harmonious blend of urban convenience and a serene lifestyle, with architecturally designed residences, generous living spaces, and luxurious inclusions.

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Having already experienced a wave of interested buyers, Kinstone are currently selling the final release of four-bedroom town and terrace homes, which are set across two and three levels.&nbsp;

Designed by CPO Architects, the townhomes and terrace homes feature large open plan living areas that create a seamless flow between indoor and outdoor spaces, while high ceilings and expansive windows allow natural light to flood the interiors.

The kitchens are pitched as the heart of the homes, with engineered stone worktops, complemented by&nbsp;contemporary splashbacks, and adorned with a range of top-of-the-line European appliances.

Amidst a backdrop of tropical landscapes, Aluna residents will be able to take advantage of an array of resort-inspired amenity, including an infinity pool and a gym.&nbsp;

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Nestled in an elevated location, Aluna also boasts an array of pocket parks interspersed throughout the community, providing residents with tranquil green spaces to unwind and connect with nature.

Just a 5-minute walk away, residents have access to a vibrant selection of cafes, restaurants, a Coles supermarket, and other retail stores.&nbsp;

Aluna also offers easy access to both Brisbane CBD and the Gold Coast. A mere 20-minute drive takes residents into the heart of Brisbane, while the Gold Coast is only a 45-minute drive away.&nbsp;

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Having already experienced a wave of interested buyers, Kinstone are currently selling the final release of four-bedroom town and terrace homes, which are set across two and three levels

Aluna Rochedale offer four-bed terraces under $1 million

The largest penthouse in the $150 million Brisbane riverfront apartment building Rivello in Hamilton has hit the market, with developer Brookfield aiming to cash in on the high number of penthouse sales secured in Brisbane's premium pockets in recent weeks.

The penthouse is the final apartment available in Rivello and spans 562 sqm of the 17th floor, featuring expansive Brisbane River and CBD views.

The five-bedroom and five-and-a-half-bathroom apartment also includes a gym, home cinema, office, wine cellar, wet bar, fireplace, three-car garage, and multiple balconies including one that stretches the entire river frontage. The kitchen features luxury Gaggenau appliances including coffee machine, and a butler’s pantry with Liebherr fridges and Miele dishwasher.

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It is priced at $7,125,000 and is being sold by YPM Group.

Construction is well underway on Rivello, which will feature 147 one, two and three-bedroom apartments along with a collection of four sub-penthouses and two opulent penthouses.

Work is anticipated to be completed in the first quarter of 2024.

The majority of apartments boast sweeping views of the Brisbane River, while residents enjoy access to an extensive array of facilities, including&nbsp;an infinity-edge roof top pool and spa, sauna and steam rooms, a private function room with kitchen and bar, a residents’ lounge, wine cellar, business centre, outdoor gardens and barbeque areas.

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Brookfield Residential Properties’ Managing Director, Lee Butterworth, said the release of the final penthouse marked an important milestone in Rivello’s development and followed over $143 million in off the plan sales, with all other apartments in the building already sold.

“We’ve seen massive demand from buyers for these penthouses, sub-penthouses and apartments which is due to the exceptional amenities available for owners as well as the stunning location, just six kilometres from the Brisbane CBD,” Butterworth said.

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“It is very rare for properties of this calibre to be released to the market and that’s why we’re expecting strong interest from a broad range of buyers.”

Butterworth said penthouse sales to date had been to owner-occupiers, wanting a spacious riverfront residence alongside the Portside Wharf precinct.

“Across the board, Rivello has appealed to local owner-occupiers, particularly those making the move from large homes in the nearby area and young professionals, along with interstate buyers relocating to Queensland,” he said.

“The River City has a huge opportunity ahead of the 2032 Olympics with many analysts predicting strong capital gains in the property market ahead of the worldwide event.”

Brisbane has seen a string of big ticket penthouse sales so far in 2023, the biggest and most recent being from <a href="/news/qld/brisbanes-best-penthouse-spyre-group-light-up-toowong-with-arc-penthouse">Spyre's Arc Toowong project</a>. The penthouse sold for $13.6 million.

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Inside the final penthouse at Rivello, Hamilton

Taringa, located just a stone's throw away from Brisbane's CBD, has become an increasingly popular choice for those seeking a tranquil lifestyle without compromising on convenience. With its leafy streets, picturesque parks, and excellent public transport links, Taringa has long been regarded as one of Brisbane's most desirable suburbs.

A rare opportunity to buy off the plan in the suburb has been presented to buyers with the launch of Florian Residences, a collection of just 16 three-bedroom apartments on Swann Road.

Boutique developer Aqua Property Group engaged Ellivo Architects to design the six-level building. The apartments will each have 150 sqm of living space and are priced from $1,499,000.

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Florian Residences feature spacious open plan living and dining spaces, extensive glazing throughout allowing for an abundance of natural light and cool breezes, and a master suite with a private terrace.

Residents will have access to a rooftop haven, providing a space to escape the hustle and bustle of life, with the lush landscaped surrounds framing scenic views.

The residences' location offers easy access to popular cafes, restaurants, golf courses, schools, and shopping centers. The new Coles Local &amp; Liquorland located at the end of Swann Road provides quick and easy shopping access. Transport options are also just a short stroll from the Swann Road address, offering great connectivity.

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Florian Residences is ideally located, with popular cafes, restaurants, golf courses, schools, and shopping centres just moments away. A new Coles is located at the end of Swann Road providing quick and easy access to groceries, while transport links are also just a short stroll away, connecting residents to the wider Brisbane area.

For those seeking outdoor adventures, Florian Residences is located just minutes away from the Mt Coot-tha Botanic Gardens, offering over 56 hectares of walking trails to explore. And with highly regarded educational institutions such as Ironside State School, the University of Queensland (St Lucia Campus), and Brisbane Boys' College nearby, Florian Residences is the perfect choice for families looking to settle in one of Brisbane's most prestigious suburbs.

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Boutique developer Aqua Property Group engaged Ellivo Architects to design the six-level building



Florian Residences offer rare opportunity to buy off the plan in Taringa

Consolidated Properties Group has launched its luxury penthouse collection in its $450 million Monarch Residences.

The 11 oversized apartments bookend the Monarch Residences buildings, with eight residences located on the top floors to take in skyline and river views, plus three river homes offering a leafy outlook at the water’s edge.

Priced from $4.15 million through to $12 million for a sprawling 406 sqm apartments, the Monarch Residences Penthouses are more than double the size of the average 186 sqm Australian home.

Consolidated Properties Group Head of Residential James MacGinley said the decision to place penthouses on both the top and ground floors was made to capitalise on the unparalleled location of Monarch, which boasts 130 metres of direct river frontage.

“Traditionally penthouses are reserved for the top floors of the building, but we saw the opportunity to offer something special by creating the river homes, which will have the look and feel of a private, stand-alone dwelling,” he said.

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“The two types of penthouses have been designed to appeal to those looking for a hybrid residence which blends the space and comfort of a home with the benefits of apartment living –premium views, a low maintenance lifestyle and luxury amenities.

“The Brisbane market has proven in the past 12 months that there is appetite for our $12 million penthouse which boasts a master suite the equivalent size of a&nbsp; two-bedroom apartment, along with a six car private garage.

“We have also catered for purchasers looking for a low maintenance, yet spacious 250 sqm penthouse on the river.”

Monarch Residences Penthouses are available with a choice of three or four bedrooms, one or two balcony areas and a minimum of three car spaces.

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Designed by the renowned teams at Wardle and Cottee Parker Architects, MacGinley says while each penthouse has its own character with plenty of opportunity for personalisation, all boast unparalleled views, privacy and the highest quality finishes.

“Ultra-high 3.4 metre recessed ceilings, expansive living areas and master bedrooms and second lounge areas were all non-negotiable inclusions,” he said.

“European Oak herringbone timber floors and natural stone benchtops create a bright and airy feel in each home, with wrap around balconies and sliding doors helping to bring the outside in.

“Every window has been oriented and framed to capture different views of the river and city, to create bvan artwork-like effect that changes with the time, seasons, colours and activity of the day.

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“The cabinetry and storage throughout is also carefully considered - from built-in bookshelves and wine displays through to expansive walk-in wardrobes – these residences are an invitation to enjoy the finer things in life.”

Monarch Residences will also become home to a new riverfront restaurant and café following the restoration of the heritage-listed Middenbury House, which will add to a suite of resident facilities including a riverside pool, gym and sauna, and an expansive rooftop terrace with dining and entertainment areas.

The launch of the penthouse collection follows the successful release of Monarch Residence’s one, two and three bedroom residences, which are now selling priced from $670,000, with many floorplan types disappearing fast.

A $3 million riverfront sales display is now open seven days at 600 Coronation Drive, Toowong.

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The Monarch Residences Penthouses are more than double the size of the average 186 sqm Australian home.



Consolidated Properties launch Monarch penthouses, double the size of the average Aussie homes

National property developer Kokoda Property has acquired the last remaining riverfront site in Brisbane’s Teneriffe, breaking the record for the largest sale ever recorded in Brisbane’s history.

Located at 17 and 27 Skyring Terrace, the unique site spans an extensive 17,600 sqm, offers 6,000 sqm Wet Lease and over 200 sqm of direct river frontage and upon completion, will be transformed into a $1.75 billion mixed-use development that will activate the waterfront at a scale not yet explored.

Kokoda’s vision for the site comprises apartments and townhouses, a waterfront office tower, a luxury hotel in partnership with an international hotel brand, a retail precinct comprising high-end luxury retail and F&amp;B, and a&nbsp;marina, connecting the expanding Brisbane riverwalk replete with waterfront hospitality, retail and dining.

The development will also continue to support the local community with upgraded public amenities and the Community Hub.

Teneriffe is a suburb rich in history and today, is known as Brisbane’s most expensive suburb with a median house price in excess of $2.9 million.

Kokoda Property Founder and Managing Director Mark Stevens said Brisbane is primed for rapid growth and the Skyring Terrace site will play a pivotal role in the revitalisation of the Newstead and Teneriffe Waterfront Neighbourhood Plan.

“This site has been tightly held for nearly four decades and the potential it offers is unparalleled in terms of creating a major mixed-use waterfront development at a scale that is never to be repeated," Stevens said.

“We are incredibly active in Brisbane and expanding our portfolio due to the surging population growth. Queensland has experienced the highest interstate migration growth in the nation and with the 2032 Olympic Games on the horizon, coupled with a buoyant jobs market, Brisbane is primed for a development of this scale.

According to Charter Keck Cramer’s latest State of the Market report for Brisbane, Brisbane apartment completions and commencements have fallen to an all-time low. Coupled with the strong population growth forecast, the Brisbane market is expected to remain in short supply relative to demand.

Less than two years ago Kokoda completed its first Brisbane project Chester &amp; Ella, a $300 million residential development and last month, called for settlements at The Ambrose, a $165 million residential project. Both projects are sold.

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Other Brisbane projects include Refinery House - a $12 million transformation to a heritage-listed home, and the <a href="/news/qld/kokoda-secure-prime-milton-site-for-cottee-parker-designed-apartment-tower">newly acquired site in Milton</a> with a total value of around $160 million. Kokoda are also developing the 200-apartment mixed-use precinct The Malvern Collective in Melbourne's Malvern.

The Skyring Terrace deal was brokered by Elliot O’Shea, Director - Head of Middle Markets Queensland and Seb Turnbull, Head of Capital Markets - Queensland / Executive Director, Capital Markets - Australia, both from JLL. Prior to Skyring Terrace, the most expensive site to be sold was in West End, which was brokered for $87 million in 2014.

Kokoda Property is currently in the planning and design phase for Skyring Terrace and hopes to launch an expression of interest campaign in late 2023.

Kokoda Property Founder and Managing Director Mark Stevens said Brisbane is primed for rapid growth and the Skyring Terrace site will play a pivotal role in the revitalisation of the Newstead and Teneriffe Waterfront Neighbourhood Plan



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