Preliminary data by research giant Charter Keck Cramer reveals a 54 per cent decline in Build to Sell apartments across Australia's capital cities, while the Build to Rent boom continues with a 378 per cent increase over the last five years.

Charter Keck Cramer's upcoming National State of the Market Report - Key Metropolitan Areas, scheduled for release in September, will reveal&nbsp;a dramatic transformation in apartment supply patterns across Australia's capital cities between FY2016-2020 and FY2021-2025.

The Build to Sell (BTS) apartment sector has experienced a substantial contraction, with total supply falling by 54 per cent compared to the previous five-year period. The decline represents a reduction of 149,200 apartments across all capital cities.

<img alt="BTS Charter Keck Cramer" data-entity-type="file" data-entity-uuid="3db2ddf3-e7c0-481f-b8b9-63efb365cb80" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-20%20at%2011.26.34%E2%80%AFAM.png?VersionId=bsQl8inhZA7FeiPamnGvw1tse0obBdSd" />

Sydney led the downturn with a decrease of 73,600 apartments, followed by Melbourne (-42,800) and Brisbane (-26,800). Perth and Adelaide also recorded significant declines of 6,400 and 2,400 apartments respectively. Only Gold Coast and Canberra bucked the trend, with modest increases of 500 and 2,300 apartments.

In stark contrast, the Build to Rent (BTR) sector has emerged as a major force in the apartment market, recording a remarkable 378% increase in supply. This growth added 8,590 apartments across the capital cities during FY2021-2025. Melbourne dominated BTR growth with 6,160 additional apartments, while Sydney contributed 2,100 units. Brisbane and Canberra also recorded growth of 800 and 330 apartments respectively. Gold Coast and Perth recorded minor declines, while Adelaide maintained steady levels.

<img alt="BTR CKC" data-entity-type="file" data-entity-uuid="ca13ffd4-ab93-4828-afd2-4c3dccbd2b51" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-20%20at%2011.28.54%E2%80%AFAM.png?VersionId=SXNnpcJuFD36ViWOwF6izBBqcQc3NWao" />

“These preliminary findings indicate a fundamental shift in Australia's apartment development landscape, with traditional Build to Sell models giving way to institutional Build to Rent developments,” said Richard Temlett, Charter Keck Cramer’s National Executive Director of Research.

"This transition reflects changing investor preferences, regulatory environments and housing affordability challenges across major metropolitan areas.”

The complete Charter Keck Cramer National State of the Market Report – Key Metropolitan Areas will provide comprehensive analysis of these trends, their underlying drivers and implications for developers, investors and policymakers when released in September.

Joel Robinson

Build to Sell apartment supply drops 54% in five years across Australian capital cities

Verso Development Group is seeking to bring over 1,100 apartments to the heart of Brisbane's Toowong, with plans filed for a $1 billion, triple tower development known as Toowong Central.

The landmark urban regeneration project "aims to reshape the core of Brisbane’s inner-west riverside suburb."

Covering over 1.4-hectares across&nbsp;Sherwood Road, High Street, and Jephson Street, Toowong Central has been designed by KHA and will comprise three towers rising 49, 55, and 58 levels.

<img alt="Toowong Central" data-entity-type="file" data-entity-uuid="48611e3d-7123-4b99-b2cb-bfa4bc98024f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenities.png?VersionId=yKBexB.BgCkq4OET8fHDkWs0d3DjxOKJ" />

According to the Urban Context Report prepared by Urbis, Toowong Central is positioned as a “city-defining precinct reclaiming Toowong as ‘the best destination in the west’,” with a vision to deliver density differently, strengthen Toowong’s identity, and lead subtropical urban design.

There will be a wide range of apartment configurations, from one-bedrooms to five-bedroom penthouses, as well as short-term accomodation offerings. The design prioritises pedestrian permeability, with an activated public realm featuring a central civic plaza, laneways, and street-level retail and dining.

“The central square’s structure, programming, scale and location creates a social anchor - shaped by its edges, flexible for use, and animated by a diversity of experiences throughout the day and into the evening,” the Urban Context Report noted, reinforcing the project's ambition to become a vibrant community destination.

Design excellence was pursued through an international design competition, attracting entries from renowned practices such as UNStudio and BIG. KHA’s winning design distinguished itself with a ceremonial approach to the public realm, integrating terraces, tiered seating, and green infrastructure to promote social interaction and resilience.

The development builds upon two existing approvals: the 25- and 20-storey towers of the Aviary Toowong proposal, and a separate 25- and 24-storey approval at 88 Jephson Street. Consolidation of these fragmented landholdings under a precinct-wide approach allows for increased community value and cohesive urban integration.

Urbis Director Nicholas Stevenson said Toowong Central will bridge the gap in Toowong's current experience, unlocking the potential of the wider precinct.

"Overcoming experiential constraints and leveraging contextual advantages – Toowong Central will redefine Brisbane's inner west.”

<img alt="Toowong Central" data-entity-type="file" data-entity-uuid="73f7a702-625d-452d-9df2-30a0863ac1e8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/master.png?VersionId=TZdh6wxGC_8IIroXpdkZfuhlS8mFZnea" />

Toowong Central’s ambition extends beyond residential and commercial outcomes. Uses under consideration include a world-class hotel, university facilities, a museum, and health and wellness services, reflecting its role as a western gateway to Brisbane’s growing innovation corridor between the CBD and the University of Queensland.

Urbis Managing Partner James Tuma said Brisbane has no greater opportunity to showcase the future of urban living than Toowong – a sustainable, economically vibrant, and people-centric place that embodies the best of Brisbane.

[The plans] gives us a glimpse into our future as a globally relevant, youthful, entrepreneurial, and distinctly subtropical city.”

$1 billion Toowong Central to deliver 1,100 apartments to undersupplied Brisbane market

In <a href="https://www.apartments.com.au/developments/runaway-bay-qld-4216">Runaway Bay</a>, new townhouse-scale waterfront residences are rare - but ones built to the standards found on Sovereign Island are almost unheard of.

<a href="https://www.apartments.com.au/new-townhouses/ocean-suites-on-jennifer-10-12-jennifer-avenue-runaway-bay-qld-4216">Ocean Suites on Jennifer</a>&nbsp;changes that, delivering a calibre of construction and detailing that places its seven villas well above the typical market offering in this northern Gold Coast pocket.

Ocean Suites on Jennifer will be move-in ready before Christmas this year, giving buyers the chance to spend the summer on the water in one of Runaway Bay’s rare new waterfront residences.&nbsp;

[smartcode_project:default project_id=138718 project_image_fid=214444]

The development is a collaboration between <a href="https://www.apartments.com.au/architects/stuart-osman">Stuart Osman Design</a> and <a href="https://www.apartments.com.au/developers/sand-side-developments">Sand Side Developments</a>, with construction by <a href="https://www.apartments.com.au/builders/alroe-constructions">Alroe Constructions</a>.

Architect Stuart Osman says the intent from the outset was to create a home people would be drawn to. “When you build anything, the design is to make you want to go hang out in this house,” he says.&nbsp;

Ocean Suites on Jennifer’s design features a front façade softened with planter boxes, rear pool areas, and rooftop decks looking over the water.&nbsp;

Inside, voids and high skylights bring daylight deep into the centre of each home, while ceiling heights of 2.85 metres maintain a strong sense of volume.

Each four-level residence spans 345 to 388 sqm, with layouts accommodating multi-generational living - a ground-floor bedroom suite for older family members and upper levels for the rest of the household. A lift connects all floors.

[smartcode_project:default project_id=138718 project_image_fid=214435]

For Andrew Erwin, Director at NPA, the project’s appeal lies in both its location and the detail in execution.&nbsp;

"At Ocean Suites, you’ve got a canal-front setting with direct Broadwater access and a level of finish you’d normally only see in the city’s most prestigious addresses. The four-level layouts, the glass-framed living areas, the private pools, even the extended kitchens, every part of it has been designed with the buyer in mind,” he says.

Those buyers have so far been a mix of Gold Coast locals and interstate purchasers, many seeking a lock-up-and-leave holiday home or a downsized residence without sacrificing space for visiting family.&nbsp;

Older households with teenage children are a recurring profile, drawn to layouts that support multi-generational living and the ability to host extended stays.

[smartcode_project:default project_id=138718 project_image_fid=214432]

Material selection reinforces the project’s quality-first ethos, with every home appointed to a premium standard. Kitchens and ensuites feature engineered stone surfaces, complemented by prestige oak engineered timber floors, Victorian ash hardwood staircases, and soft loop-pile carpet.

Premium lighting, statement pendants, ceiling fans, and Fujitsu ducted air conditioning elevate both comfort and design. Each residence also includes a suite of high-end appliances as standard - Fisher &amp; Paykel integrated fridges, Bosch ovens, induction cooktops and dishwashers, Vintec wine fridges, and Franke sinks.

Beyond the interiors, residents enjoy an enviable lifestyle with rooftop terraces, private plunge pools, fire pit areas, outdoor showers, smart home automation, laundry chutes, and private pontoons.

[smartcode_project:default project_id=138718 project_image_fid=214452]

With no additional upgrade costs, Sand Side Developments underscores its no-shortcuts approach, delivering homes where luxury and amenity come as standard.

Osman adds that the kitchen has been designed as “the main hub of the house” with six metres high skylights above a galley-style layout that “makes it feel bigger, brighter, whiter” and “brings light into the centre of the home.”

Both architect and builder emphasise a shared commitment to delivering the intended design without compromise. “Working with Alroe’s structural team and their construction team, it’s been great to make sure that the look and feel that was originally intended is the result achieved at the end of the project,” Osman says.&nbsp;

[smartcode_project:default project_id=138718 project_image_fid=214453]

Outdoor living has been given equal consideration, with rooftop terraces designed for entertaining with a fire pit and bar, and spacious undercover patios featuring private plunge pools.

The marine access is as carefully executed as the homes themselves. An eight-metre gangway leads to a six-metre private pontoon capable of mooring vessels up to 30 feet, just 300 metres by water from the Broadwater.&nbsp;

Even the orientation of each villa has been optimised to capture long views down the canal, across the Broadwater, and south to Main Beach.

With construction in its final stages, just three of the seven villas remain, priced from $3.365 million to $3.695 million.

[smartcode_project_cta:default project_id=138718]

Sovereign Island standards come to Runaway Bay with Ocean Suites on Jennifer

Without local developer <a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a>, it could be argued that the small suburb of <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> would be left behind when it comes to both new housing and retail opportunities.

Gardner Vaughan, one of South East Queensland’s most reputable builder-developers, has been based in <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> for the last decade. They plan to maintain their presence in the northern <a href="https://www.apartments.com.au/developments/brisbane-qld">Brisbane</a> suburb, just seven kilometres from Brisbane Airport and nine kilometres from the city, with the development of <a href="https://www.apartments.com.au/new-apartments/danby-lane-nundah-village-5-danby-lane-nundah-qld-4012">Danby Lane</a>, the first major project in several years in the heart of the town centre.

GVG will retain one of the commercial spaces in the new mixed-use building for their office headquarters. It will be located in the commercial podium, alongside several other new office spaces. Below will be a street-level retail precinct designed to reinvigorate the local economy, and above, 84 brand-new apartments.

[smartcode_project:default project_id=112531 project_image_fid=320114]

Over 60 percent of the apartments have already been snapped up, with buyers eager to secure one of the rare new apartments in <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a>, as well as to benefit from Gardner Vaughan’s solid reputation and long-standing presence in the local community.

[smartcode_project:default project_id=112531 project_image_fid=320117]

Gardner Vaughan identified the site at the corner of Buckland Road and Danby Lane for its proximity to key amenities. Within 400 metres of the development, <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> Village offers a variety of cafes, restaurants, and pubs. <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> Train Station, just 400 metres away, provides a quick 20-minute train ride into Roma Street.

The development has also attracted young families, drawn to the proximity of not one, but twelve parks, with Boyd Park and Oxenham Park being the most notable. Established families have shown interest due to the close proximity of <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> State School and Mary MacKillop College.

The one- and two-bedroom apartments in the building have already been snapped up, while the larger three- and four-bedroom apartments—ranging from a generous 117 sqm to nearly 200 sqm—remain highly sought after. There are also just three exclusive luxury penthouses left to sell.

With its in-house construction capability, Gardner Vaughan has already commenced construction on-site and expects to complete the building by March 2027. It's hard to see another opportunity to buy brand new in <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a>, where creating a site anywhere near the scale of the Danby Lane is becoming more and more difficult.

[smartcode_project_cta:default project_id=112531]

Why Danby Lane is the focal point for change in Brisbane's Nundah

<a href="https://www.apartments.com.au/developers/metro-property-group">Metro Property Group</a>’s flagship townhouse development, Citrine Townhomes in <a href="https://www.apartments.com.au/developments/rochedale-qld-4123">Rochedale</a>, has reached another key construction milestone, with the first stage of townhouses now in the defects phase.

All building works for Stage 1 are complete, with the internal roads asphalted, line marking finished, and the bin store slab poured.&nbsp;All essential services, including permanent power, sewer, gas, and water, are now connected and operational.

The defects process is expected to continue until late-August.

<img alt="Citrine Townhomes, Rochedale" data-entity-type="file" data-entity-uuid="f48ad1d8-7bb2-424a-a378-2caa4d34c27d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/017%20-%20%20ROLLEY%20PHOTO%20MEDIA%20%20%20-24072025.jpg?VersionId=o5BC3LgYTwxcufsjldO8mkPww3gix1NC" />

Stage 2 is also moving forward steadily, with all townhouses sheeted, the first coat of paint applied, and joinery installed throughout. Tiling has been completed on six of the seven blocks, and the pool is scheduled to be pebblecreted by the end of August.

Stage 3 continues to gather momentum, with external cladding completed on three of the eight blocks. All townhouses have been fully roughed-in for electrical, plumbing, and air conditioning, and the first two blocks have now progressed to internal sheeting.

Stage 1 and 2 are 100 per cent sold and there are now just 10 four-bedroom townhomes left in Stage 3, priced from $1,125,000.

[smartcode_project:default project_id=136295 project_image_fid=211]

Residents at <a href="https://www.apartments.com.au/new-townhouses/citrine-townhomes-rochedale-311-gardner-road-rochedale-qld-4123">Citrine Townhomes</a> can also look forward to high-quality shared amenities. The residents' facility will feature a pool, landscaped areas, and a BBQ space, contributing to a lifestyle-focused community environment.

Metro’s fully furnished display home has generated strong interest locally, reinforcing the market’s confidence in the project. Stage 1 and 2 are completely sold out and Stage 3 has officially launched and is selling fast. Just 10 townhouses remain for sale in the development.

[smartcode_project:default project_id=136295 project_image_fid=273134]

The broader Citrine development comprises 90 three and four-bedroom townhomes designed across two to three levels, offering a contemporary contrast to Rochedale’s surrounding single-family homes.

Located just 17 km from Brisbane CBD, Citrine is within walking distance to schools, parks, and the popular Rochedale Village, home to Coles, medical services, and dining options.

Metro Property Group remains on track for project completion, with settlements forecast for Stage 1 in October/November 2025, Stage 2 in November/December 2025, and Stage 3 in January/February 2026.

[smartcode_project_cta:default project_id=136295]

First stage of townhouses at Citrine Rochedale reaches completion milestone

Kangaroo Point

A&nbsp;prime corner site in the burgeoning Kangaroo Point area, 58 - 62 Leopard Street is set to become the latest residential offering by renowned developers Aria.

Currently home to Brisbane&rsquo;s iconic event theming and hire company, The Prop House, the group have lodged a development application for the landmark site, adjacent to the Cross River rail and the Olympic stadium.

Soaring 20-levels into the sky, the project will be Aria&rsquo;s latest in a long line of successful collaborations with Rothelowman and RPS Landscape Architects.

<a href="/new-apartments/canopy-house-by-aria-58-62-leopard-street-kangaroo-point"><img alt="" height="1799" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/ariaproperty_group.jpeg" width="1200" /></a> 
Render of the proposed development in Kangaroo Point. Image sourced.&nbsp;

Comprising 98 residences, the project will deliver a mix of two, three and four-bedroom apartments, with vistas of both stretches of the Brisbane River.

Residences will feature balconies that integrate with adjoining internal living areas, through sliding stackable doors on recessed runners, to create large semi-outdoor living areas, as well as high ceilings and permeable facades that allow natural light to penetrate into the building.

Operable windows in every home will help to facilitate cross-flow ventilation, while also providing further opportunity for residents to enjoy the views of their sought-after location.

&ldquo;Our vision was to create a world class development with an enviable architectural form that will assist in the revitalisation of the Kangaroo Point South and Woolloongabba Centre Neighbourhood Plan Areas,&rdquo; said Aria in their development application.

In order to take advantage of the site&rsquo;s significant corner location as both the western gateway into the neighbourhood plan area and an intersection of two key roads, the building has been designed to play the role of a &lsquo;landscaped architectural gateway&rsquo; form, which emphasises the corner setting and arrival into the neighbourhood plan.

&ldquo;We wanted to provide a highly quality and usable public open space that will enhance the pedestrian experience commute to the Gabba, the Cross River rail and the Woolloongabba Bus Station (WBS) precinct.&rdquo;

Over 830 sqm of landscaping is proposed across the site by RPS, including a significant landscape offering within the ground level public open space. In addition to this, there will also be a significant vertical column of mature trees that rise up the full gateway corner of the building.

<a href="/new-apartments/canopy-house-by-aria-58-62-leopard-street-kangaroo-point"><img alt="" height="1056" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/aria_2.jpeg" width="1200" /></a> 
Render of the proposed landscaped greenery embodying the building and communal areas. Image sourced.

This overtly green gesture identifies the precinct as a sub-tropical and sustainable area, acting as a catalyst for future developments in the local area.

The expansive ground floor parkland space will serve as an extension of the footpath creating a significant piece of public realm and the highly articulated built form allows every apartment to engage the outdoors.

The ground level incorporates a range of features, including a large forecourt for gathering and meeting, multiple chill out spaces for relaxation, recreation and refuge, an exceptional standard of urban design including water features, benches and seating, and a prominent feature tree on the corner of the intersection.

The entire 800 sqm rooftop is devoted to communal open space where&nbsp;residents will benefit from a large furnished resident lounge space, outdoor dining areas and barbecue facilities, a pool, spa and terrace lounge area, and unrestricted views of the South Brisbane and the D&rsquo;aguilar Ranges, the Gabba, End, South Bank, Mount Cootha and CBD.

Comprising 98-apartments, the project will deliver a mix of two, three and four-bedroom apartments, with vistas of both stretches of the Brisbane River.



alisonwarters@gmail.com

Aria Property Group lodge plans for Kangaroo Point apartment development

The Brisbane property developer Kenlynn is heading back to Kangaroo Point for its next apartment project.

Following its successful development of Thornclyffe Residences, the redevelopment of the 1880s heritage-listed Thornclyffe House,&nbsp;Kenlynn, has lodged plans for a 15-level project dubbed 130Lambert, just up the road&nbsp;112-130 Lambert Street.

They secured both of the sites late last year for a combined $5.3 million, with the amalgamated sites totaling over 1,200 sqm.

Local architecture firm Ellivo Architects has drawn up the plans for the two and three-bedroom project which will feature contemporary sub-tropical design, incorporating a sequence of landscape components such as&nbsp;streetscape and entries, terrace gardens, and communal rooftop garden.

<img alt="" data-entity-type="" data-entity-uuid="" height="826" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-04_at_11.35.02_am.png" width="1594" />

"The overall design aims for an environmental and socially sustainable landscape and an integrated landscape experience with the building architecture and function, activating the site and creating a vibrant precinct and place to live," Kenlynn note on their website.

<a href="/new-apartments/130lambert">130Lambert</a> is set to launch to the market in the second half of 2024.

[smartcode_project:default project_id=145081 project_image_fid=281209]

Kenlynn's development manager, Andrew Travers, said the design is informed by impacts of COVID on how people live and work and attracting residents back to inner city living in apartments which offer generous space, good natural light/ventilation, plus work from home spaces.

"The development includes significant communal recreation and fitness spaces, edible garden, plus meeting/multi-purpose spaces," Travers added.

<img alt="" data-entity-type="" data-entity-uuid="" height="840" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-04_at_11.34.54_am.png" width="1638" />

"We have also incorporated dedicated EOT facility for more secure and purpose designed bike storage (noting future KP green bridge) for the increased use of active transport options in the city. We are also looking to incorporate dedicated parcel lockers (including some refrigerated) for online deliveries.

"Further into detailed design we will be looking to incorporate Solar Array for communal power, plus provision for EV charging."

Kenlynn has previously developed townhouse projects in New Farm and Hendra. Late last year they sold the Hendra Bowls Club for&nbsp;$3,575,000.

Kenlynn developed an eight-level, 20-apartment block around Thornclyffe House, a Victorian-style Queenslander well over a century old.

They secured both of the sites late last year for a combined $5.3 million, with the amalgamated sites totalling over 1,200 sqm

Kenlynn set for another boutique Kangaroo Point apartment development

The national property developer, Pellicano, are set to bring something different to the affluent Brisbane riverside suburb, Kangaroo Point.

They're seeking to create Story House, a development of 86 apartments,&nbsp;on the more affordable end of the scale than what Kangaroo Point is generally&nbsp;used to.

There will be a mix of studio, one, and two-bedroom apartments across the nine-level building designed by DBI Architecture, which will be crowned with an extensive rooftop amenity level.

<a href="/new-apartments/kangaroo-point-qld-4169">To keep up to date with the development and its launch, enquire here</a>

<img alt="" data-entity-type="" data-entity-uuid="" height="830" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/pellicano_story_house_kangaroo_point_3.jpg" width="1200" /> 
The exterior of Story House. Image credit: DBI Architecture

That will home a lap pool with a pool deck and spa, a yoga lawn, a dining and barbecue area, and an outdoor gym. 85 per cent of the building's roof top&nbsp;is disposed as recreation areas and gardens, landscape architect RPG Group advise on the development submission.

They described Story House as "mid-century modern meets sophistication in the heart of Woolloongabba and wider area of Kangaroo Point."

<a href="/new-apartments/kangaroo-point-qld-4169">To keep up to date with the development and its launch, enquire here</a>

The Pellicano team identified the area as having considerable growth potential well before the Olympics was announced for Brisbane in 2032. They bought two adjoining 708 sqm Duke Street sites for a combined 1,418 sqm block in 2019 for around $2,875,000 combined.

The site is currently vacant, with the existing character house at 21 Duke Street having been relocated, and the house at 65 Linton Street&nbsp;demolished.

<img alt="" data-entity-type="" data-entity-uuid="" height="718" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/pellicano_story_house_kangaroo_point_1.jpg" width="1200" /> 
The rooftop of Story House. Image credit: DBI Architecture

A stone's throw from The Gabba but in the Kangaroo Point postcode, Story House was designed by DBI who said the building and internal use is broken down to create a base form that scales to the street; a three-story expression that is typical in scale to the historical locality.

"The building offers balconies expressed to offer an overt sub- tropical, outdoor living experience," DBI advised.

"The balconies become a vibrant &amp; playful series of sculptural forms that humanize the suburban building to the street.

"The articulated facade allows for desired breeze flow through all habitable spaces."

<a href="/new-apartments/kangaroo-point-qld-4169">To keep up to date with the development and its launch, enquire here</a>

Story House was described as "mid-century modern meets sophistication in the heart of Woolloongabba and wider area of Kangaroo Point."



First look: Pellicano set for Story House, Kangaroo Point apartment development

The Brisbane-based Pikos Group are set to launch its next apartment project, a striking collection of three towers in the affluent suburb of Kangaroo Point.

The first release of Lambert Street Apartments, to be developed on one of the last remaining vacant sites overlooking the Brisbane River, will see 75 apartments up for grabs, with strong enquiry already fielded by the Pedro Pikos-led developer.

There will be three towers as part of the Lambert Street Apartments, designed by Conrad Gargett Architect and oriented to look across the river to New Farm.

<a href="/new-apartments/gaia-kangaroo-point-108-lambert-street-kangaroo-point">To keep up to date with the development and its launch, enquire here</a>

&ldquo;Lambert Street represents the final chance for a new generation of luxury to rise in Kangaroo Point &ndash; there are no other developable sites left in the area,&rdquo; Pikos said.

<img alt="" height="856" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/stage_1_pikos_lambert_st.jpg" width="604" /> 
The first of the three towers

&ldquo;Interstate developers have been desperately trying to get their hands on developable land in Kangaroo Point, but they&rsquo;re a little too late to the party.

&ldquo;We have always had a huge affinity for Kangaroo Point and this project will present a vanishingly rare opportunity to secure a riverfront residence drenched in the trademark Pikos luxury-touch.&rdquo;

The project is set to rise opposite the highly successful&nbsp;Argyle New Farm, which has underpinned the strength of the central Brisbane market, securing 90 per cent&nbsp;of its sales for $7.75 million, and a penthouse sale at $15.4 million.

<img alt="" height="1672" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/stage_2_pikos_lambert_st.jpg" width="1200" /> 
One of the later release towers

&ldquo;Our appartments will enter the market at a tenth of the price of the Argyle, without compromising on quality or vistas, which is remarkable value for buyers seeking a more affordable entry to riverside living,&rdquo; Pikos added.

Kangaroo Point is one of Brisbane&#39;s most sought-after and tightly held markets for houses and apartments, with little high-rise stock in the pipeline or recently completed.

<a href="/new-apartments/gaia-kangaroo-point-108-lambert-street-kangaroo-point">To keep up to date with the development and its launch, enquire here</a>

Gap Development Sales Director Grant Plummer, who is handling the marketing, said there&#39;s been incredible levels of demand already.

<img alt="" height="1526" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/stage_3_pikos_lambert_st.jpg" width="1200" /> 
Another render of one of the future releases

&ldquo;Kangaroo Point is the location with it all &ndash; it&rsquo;s got proximity, panoramas, and a captivating charm which has cemented it as the pinnacle of city living for the luxury owner occupier market,&rdquo;&nbsp;Plummer said.

&ldquo;The diminishing opportunity for new product in such a coveted location has resulted in an incredible level of demand which we are excited to satiate with our spectacular Lambert Street collection.&rdquo;

Lambert Street is being modelled with the same finishes as Pikos&#39;s&nbsp;Skye apartments, located on just across the bend.

<a href="/new-apartments/gaia-kangaroo-point-108-lambert-street-kangaroo-point">To keep up to date with the development and its launch, enquire here</a>

There will be three towers as part of the Lambert Street Apartments, designed by Conrad Gargett Architect and oriented to look across the river to New Farm

Pikos Group set to launch La Storia, first stage of Lambert Street Apartments in Kangaroo Point

Locals are snapping up apartments in Gardner Vaughan Group’s latest Brisbane apartments, Monterey at Kangaroo Point.

The development, which looks out to Brisbane CBD’s skyline and beyond to the mountains, has seen increased interest from locals searching for properties in a premium location.

[smartcode_project:default project_id=7145 project_image_fid=153948]

With its beautiful tree-lined streets, Mowbray Park, Raymond Park and the Kangaroo Point Cliffs all on your doorstep, the home is set amongst an ideal backdrop.

A local buyer who purchased the four-bedroom, three-bathroom penthouse at Monterey said the home ticks all the boxes.

<blockquote>
“Our family has resided in Kangaroo Point for the past few years, and we love the location!”
</blockquote>

“Monterey offers amazing amenities with the rooftop and pool and gym on level one. The Northern aspect, boutique building and high-quality construction with Cross Laminated Timber [CLT] made it an easy decision to purchase the penthouse”, they said.

The use of radiata pine in the CLT method is an innovative wood product developed in Europe over 30 years ago, according to the developers.

[smartcode_project:default project_id=7145 project_image_fid=153957]

The choice of CLT for Monterey was a carefully considered decision, providing benefits to the construction process and its residents, including high strength-to-weight ratio, low embodied energy and reduced stress impacts.

The renewable resource also sequesters carbon and enhances thermal properties.

“As long-term residents in Kangaroo Point, there is a real shortage of modern, luxury boutique buildings available”, said another local buyer, who purchased a four-bedroom, three-bathroom residence on the sixth floor.

<blockquote>
“The developer has a great track record and we have confidence in them pioneering this new CLT design,” they added.
</blockquote>

Designed by architects Hayes Anderson Lynch, the riverside development features full-height glass, sustainable principles and is the first timber multi-story construction in Kangaroo Point.

Derived from a response to the subtropical climate, the form of the building considers the orientation of the sun, prevailing summer breezes and winter winds.

[smartcode_project:default project_id=7145 project_image_fid=153949]

“Recessed, shaded balconies are skirted by brass perimeter screens that provide both sun shading and added privacy. At the ground floor, the driveway and services are tucked to one side, giving way to the light filled, glazed lobby”, said Hayes Anderson Lynch’s Elizabeth Anderson.

The angles and ribboning of the balustrade design maximises views and delivers a residence that embodies the synergy between design, sustainability and natural beauty.

“Monterey not only offers the North-East aspect and river views, but it affords the privacy and security with fewer neighbours in the building”, a third local buyer said, who is downsizing from their sub-penthouse in Macleay Towers.

Monterey truly encompasses Brisbane’s vision for “buildings that breathe.”

A local buyer who purchased the four-bedroom, three-bathroom penthouse at Monterey said the home ticks all the boxes

max.kwok_55688

Locals snap up Gardner Vaughan Group’s Monterey apartments in Kangaroo Point

Brisbane&#39;s ARIA Property Group have received sign off from the Brisbane City Council to build their Kangaroo Point apartment development&nbsp;which they now dubbed Riviera.

Aria, led by their founder and managing director Tim Forrester, bought three adjoining sites between&nbsp;470 and 480 Main Street&nbsp;in late 2018 and submitted plans to build on the amalgamated 2581 sqm in mid-2019.

There will be 124&nbsp;apartments across the 12 level development, not including the&nbsp;two levels of basement parking.

[smartcode_project:default project_id=93966]

Entry will be through a lush landscaped garden complete with a reflection pond and butterfly walk. On the ground level will be a&nbsp;residential lobby where there&#39;s set to be a cinema and a residents cellar and a terrace with a barbecue.

The rooftop will feature a circular rooftop pool, a green roof covering a wine bar, a number of lawns, a meadow, wellness centre, pool deck and outdoor kitchen.

Architecture firm Bates Smart have designed the building.

They say on their website that their&nbsp;vision was&nbsp;to create a distinctive architecture that captures the uniqueness of the site&rsquo;s clifftop location while maximising river and city views.

<a href="/buildings/riviere-apartments-470-main-street-kangaroo-point"><img alt="" height="672" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/riviera_3.jpg" width="1200" /></a>

&quot;The form draws inspiration from the dramatic natural land form of the Kangaroo Point Cliffs and its angular faceted forms.

&quot;The design responds to the sub-tropical climate and aims to connect internal spaces to the external environment in line with the Buildings that Breathe strategy adopted by Brisbane City Council.

&quot;Landscaping is a key component of the proposal, forming a key feature of the arrival experience and extending through all levels of the building and culminating in a generous communal rooftop.&quot;

The four timber houses that were on the combined site, as well as the two storey office area at the front, are set for demolition.

Condev Construction forecast the works will be complete by August 2022, with the main structure construction beginning in June this year.

There will be 124 apartments across the 12 level development, which doesn't include two levels of basement parking.



Aria Property Group receive approval for new Kangaroo Point apartment development Riviere

<html><body>
Discover the exciting new residential addition to Brisbane’s Kangaroo Point – M Apartments.

From the stunning interior design, to the fantastic central location, these apartments offer you the ultimate lifestyle upgrade from just $410,000*.

There are 46 apartments designed by Red Door Architecture, with three commercial spaces located on the ground floor.

 
[smartcode_project:default project_id=29156]

<h2>What M Apartments has to offer</h2>

<ul>
<li>Ducted air conditioning, timber flooring and Terrazzo floor tiles in bathroom</li>
	<li>Finishes selected by Interior Designer Mary Durack</li>
	<li>Moments to The Gabba, Woolloongabba dining precinct, Brisbane CBD and Valley</li>
	<li>Roof top entertainment deck with incredible full city views</li>
	<li>Close to Ferry and bus connections as well as the new Woolloongabba Cross River Rail station</li>
	<li>Excellent walking and bicycle paths connect South Bank and the City Botanic Gardens at Kangaroo Point</li>
	<li>Gabba stadium nearby</li>
	<li>A stone's throw to award-winning restaurants, cafés, bars and retail boutiques</li>
</ul>
<img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/m-apartments-699-main-street-kangaroo-point-d4c3198b87841a7f378caa13b7114684.jpg" style="width: 791px; height: 420px;"> 
M Apartments are slated for completion by December this year, so be in quick if you want to secure a brand new home by the new year! Enquire about available apartments today via Urban. 
</body></html>

urban.com.au

Stunning, spacious apartments at Kangaroo Point from $410,000

Brisbane-based developer Pikos Group has secured approval for Skye Apartments, its $200 million luxury apartment project at Kangaroo Point.

[smartcode_project:default project_id=90059]

Skye Apartments have been designed by the local architecture firm Arkhefield who drew inspiration from the iconic Marina Bay Sands hotel in Singapore, having its own 1,000 sqm Sky Deck featuring a residents&#39; pool deck,&nbsp;a rooftop bar and a restaurant.

There will be just 68 apartments across three towers of up to&nbsp;13 levels on the corner of River Terrace and Main Street. Each building will have just two apartments per floor, with balconies along the River Terrace frontage offering city views.

There will be six penthouses, each with their own private roof terrace. On the ground level of the development there will be a gym, a sub-tropical garden and a separate cafe for the public.

<img alt="" height="672" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/pikos_8_river_terrace_2.jpg" width="1200" />

Brisbane developer Pedro Pikos says the project is aimed at the booming owner-occupier market seeking inner-city living by offering spacious apartments with luxurious interiors and superior finishes.

&ldquo;We have delivered refinements that we believe creates a unique residential offering for the city by combining boutique premium apartment lifestyle with world-class amenities that you&rsquo;d expect in a five-star resort.

&ldquo;The Sky Lounge is the jewel in the crown of this design that will set this development apart for residents and as a Brisbane destination in its own right.&nbsp;

&ldquo;We have delivered refinements that we believe creates a unique residential offering for the city by combining boutique premium apartment lifestyle with world-class amenities that you&rsquo;d expect in a five-star resort.

<img alt="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/pikos_8_river_terrace_3.jpg" width="1200" />

&ldquo;Not only will each apartment provide residents superb views of the city, the design is crafted to suit today&rsquo;s modern lifestyle.

&ldquo;Everything is at your fingertips if you choose, or you can remain at home to enjoy the benefits of supreme privacy, a beautiful outlook and unparalleled amenities.&rdquo;

Access to the city and all it has to offer will be enhanced by a new pedestrian bridge proposed to link Kangaroo Point and the Botanic Gardens.

The 2,330&nbsp;sqm site was set to become a Banyan Tree residential community before Pikos Group bought it from the international hotels group.

[smartcode_project:default project_id=6257]

The Pikos development will provide four levels of basement car parking, as well as&nbsp;a port-cochere drop-off point for the public and residents to use.

Pikos has a workbook in Southeast Queensland of $1.3 billion, with a large portfolio in Kangaroo Point which is it believes is shaping up as Brisbane&rsquo;s hotspot.

&nbsp;

&nbsp;

There will be just 68 apartments across three towers of up to 13 levels on the corner of River Terrace and Main Street.


Pikos Group secure approval for $200 million Kangaroo Point project Skye Apartments

Brisbane-based developer Pikos Group is planning a $200 million luxury apartment project on a Kangaroo Point site&nbsp;that will feature a floating 1,000 sqm Sky Deck.&nbsp;With a design inspired by the famous Marina Bay Sands development in Singapore, Pikos will deliver a boutique collection of 68 luxury apartments over three towers, topped by a&nbsp;rooftop bar and restaurant to accompany a private residents&rsquo; pool deck overlooking the city skyline.

The 2,330 sqm landmark site located atop the Kangaroo Point cliffs on the corner of River Terrace and Main Street, was acquired by Pikos Group from international hotels group Banyan Tree. The Singapore-based company, which paid $16.8 million for the site in 2014, had planned a major apartment project on the holding. Pikos has amended Banyan Tree&rsquo;s original single-tower design with plans for three boutique towers of up to 13 storeys on the site.

Designed by Brisbane architectural firm Arkhefield, the project will deliver&nbsp;apartments that span the entire east-west width of each tower, providing uninterrupted views of the Botanic Gardens, the Brisbane River, Storey Bridge and the city, as well as views across to the eastern arm of the Brisbane River to New Farm and beyond. Each building will have two apartments per floor with balconies along the River Terrace frontage.

Plans for the 8 River Terrace site a floating Sky Deck spanning two of the buildings which will feature a world-class restaurant&nbsp;and bar facility that will be open to the general public.&nbsp;

The apartment offering will include six penthouses, each with their own private rooftop terraces. Pikos says the project is aimed at the booming owner-occupier market seeking inner-city living. Ground floor amenities will include a fully equipped gym and a private, secure sub-tropical garden, while a separate caf&eacute; will service both residents and the general public.

The private company has a workbook in Southeast Queensland of $1.3 billion, with a large portfolio in Kangaroo Point which is it believes is shaping up as Brisbane&rsquo;s hotspot. Recent commercial developments include the South Brisbane Health and Wellness centre at Mater Hill. Pikos has lodged a development application with the Brisbane City Council for the 8 River Terrace project and the company plans to begin construction in 2021 once approvals are granted.

[smartcode_project:default project_id=90059]

Featuring a design inspired by the famous Marina Bay Sands development in Singapore, Pikos will deliver a boutique collection of 68 luxury apartments over three towers.

Pikos Group plan $200 million luxury Brisbane apartment project

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One of Brisbane's oldest residences in Kangaroo Point, Silverwells, is seeking expressions of interest.
Enveloped in classic Georgian charm, this heritage landmark property, located at <a href="https://www.propertyobserver.com.au/https://rwnf.com.au/properties/residential-for-sale/qld/kangaroo-point-4169/house/2319903">267 Main Street</a>, was built 1860. 
The four-bedroom, four-bathroom is privately positioned across the Brisbane River from Eagle Street Pier and capitalises on CBD views.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/122640-WebRes-WebRes-3.jpg" alt="">
Silverwells offers a powder room, three open fireplaces, home office and private study. 
Other features include the glass mosaic-tiled heated swimming pool and crystal ball chandeliers. 
The National Trust-listed property has been magnificently restored, enhanced by recent improvements such as a riverside pool terrace and substantial four-car basement garage.
Ray White's Matt Lancashire and Josh Brown hold the listing. 
</body></html>

Kangaroo Point

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