<ul>
	<li>Amalgamation of 14 lots into 2 lots for construction.</li>
	<li>Construction of 23, 26, and 28 storey residential towers across 2 stages.</li>
	<li>Stage 1: North tower with 164 units, including 1 penthouse, 2 sub penthouses, 120 units of 2 bedrooms with 2 bathrooms, and 41 units of 3 bedrooms with 3 bathrooms (Levels 5-27).</li>
	<li>Stage 2: East and West towers with a total of 588 units.
	<ul>
		<li>West tower: 82 studio units, 107 units of 1 bedroom with 1 bathroom, 104 units of 2 bedrooms with 2 bathrooms, and 21 units of 3 bedrooms with 3 bathrooms (Levels 5-26).</li>
		<li>East tower: 40 studio units, 116 units of 1 bedroom with 1 bathroom, and 118 units of 2 bedrooms with 2 bathrooms (Levels 5-23).</li>
	</ul>
	</li>
	<li>Indoor recreation spaces on Levels 5 and 25.</li>
	<li>Outdoor recreation spaces including swimming pools, steam rooms, outdoor dining spaces, and grassed areas.</li>
	<li>Rooftop terraces featuring sun decks, swimming pools, steam room, functional kitchen, and outdoor dining spaces.</li>
	<li>Dedicated Work-From-Home spaces for residents on Levels 2 and 3.</li>
	<li>Lifts for vertical transportation.</li>
	<li>2 levels of basement and 3 podium levels for car parking accommodating 583 vehicles.</li>
	<li>Provision of 465 bicycle spaces.</li>
	<li>Extensive landscaping around the development.</li>
</ul>

<ul><li>Amalgamation of 14 lots into 2 lots for construction.</li>
	<li>Construction of 23, 26, and 28 storey residential towers across 2 stages.</li>
	<li>Stage 1: North tower with 164 units, including 1 penthouse, 2 sub penthouses, 120 units of 2 bedrooms with 2 bathrooms, and 41 units of 3 bedrooms with 3 bathrooms (Levels 5-27).</li>
	<li>Stage 2: East and West towers with a total of 588 units.
	<ul><li>West tower: 82 studio units, 107 units of 1 bedroom with 1 bathroom, 104 units of 2 bedrooms with 2 bathrooms, and 21 units of 3 bedrooms with 3 bathrooms (Levels 5-26).</li>
		<li>East tower: 40 studio units, 116 units of 1 bedroom with 1 bathroom, and 118 units of 2 bedrooms with 2 bathrooms (Levels 5-23).</li>
	</ul></li>
	<li>Indoor recreation spaces on Levels 5 and 25.</li>
	<li>Outdoor recreation spaces including swimming pools, steam rooms, outdoor dining spaces, and grassed areas.</li>
	<li>Rooftop terraces featuring sun decks, swimming pools, steam room, functional kitchen, and outdoor dining spaces.</li>
	<li>Dedicated Work-From-Home spaces for residents on Levels 2 and 3.</li>
	<li>Lifts for vertical transportation.</li>
	<li>2 levels of basement and 3 podium levels for car parking accommodating 583 vehicles.</li>
	<li>Provision of 465 bicycle spaces.</li>
	<li>Extensive landscaping around the development.</li>
</ul>

Breakfast Creek Quarter - 166-180 Breakfast Creek Road, Newstead

It might still be eight years out from the 2032 Brisbane Summer Olympics, but there seems to be no end to the boom occurring in both Brisbane's house and unit markets.

Brisbane's unit market is on track to grow over 20 per cent in 2024, based on the performance in the first six months of the year.

June marked another 1.8 per cent value jump in units, taking the value increase up to 10.3 per cent year to date, CoreLogic's latest monthly Home Value Index showed. It's the second best performing unit market in the country this year, only behind Perth (+13.7 per cent).

Brisbane's median unit value is now $622,000. The staggering price growth has seen Brisbane unit values overtake both Melbourne and Canberra to be the second most expensive unit market in the country, only behind Sydney.

<h2>What happened in Brisbane’s off the plan apartment market in June</h2>

The main reason for Brisbane's huge price growth, particularly in the unit market, is the supply issues facing the capital.&nbsp;

There are very few developers actively in market, and those that are are focusing on the high-end, luxury developments that might only comprise a handful of apartments.

That's pushing supply to historic lows, while demand continues to swell due to the relative affordability compared to Sydney, and the prospect of further price growth given the billions of dollars of infrastructure projects underway ahead of the 2032 Brisbane Summer Olympics.

One developer able to move ahead with their project is the Sydney-based <a href="https://www.urban.com.au/developers/sarazin">Sarazin</a>. They've appointed Hutchinson's to build their <a href="/developments/woolloongabba-qld-4102">Woolloongabba</a> apartment development, <a href="https://www.urban.com.au/new-apartments/murcia-residences-east-brisbane-9-overend-street-east-brisbane">Murcia Residences</a>.

[smartcode_project:default project_id=135094 project_image_fid=214681]

Murcia Residences, named after its design influence of the Spanish city, comprises 186 one, two, three, and four-bedroom apartments with open-plan living spaces that integrate indoor and outdoor areas.&nbsp;

Crowning the development will be an infinity pool, accompanied by private poolside cabanas and sun lounges.

Murcia will sit just 500 metres away from the new Cross River Rail Station, slated for completion in early 2025, with the convenient transportation hub set to connect residents to the rest of the city.

[smartcode_project:default project_id=135094 project_image_fid=214651]

There were two notable development applications submitted in June, both in&nbsp;<a href="https://www.urban.com.au/developments/newstead-qld-4006">Newstead</a>.

Luxury developer <a href="https://www.urban.com.au/developers/fortis" target="">Fortis</a>&nbsp;has tinkered again with their commercial deveopment on Kyabra Street. When they acquired the site in early 2022 when it came with approval for an 11-level timber officer tower.

In February they sought to change the design of the building to create something more in keeping with local architecture.&nbsp;Now those plans are likely to be moot, given the recently submitted plans for a <a href="https://www.urban.com.au/architects/bureauproberts">bureau^proberts</a>-designed building with 65 apartments.

<img alt="First look exclusive: Fortis flick offices to apartments in Newstead " data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Kyabra%20St%20east%20pers.png?VersionId=hRC8.BRC23oxayj.iopUAjekM6IBoBtJ" />

The architecture firm suggested in the planning documents that the new proposal better aligns with changing market conditions and the local architectural context.

The new 22-level tower will now house a mix of 54 two-bedroom and 11 three-bedroom apartments.

Jonathan Leishman’s Churchill Development Group is also seeking to add some much needed supply to the Brisbane market, submitted plans for a mixed-use development fronting Breakfast Creek Road.

Dubbed Breakfast Creek Quarter, the proposal aims to transform a 6778-square-metre site into a vibrant residential and commercial precinct.

<img alt="Breakfast Creek Quarter to bring three apartment towers to Newstead" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Breakfast%20Creek%20Quarter.png?VersionId=.q__qZTvUVBhq.eviLHhO_xzuyp21s2W" />

Designed by&nbsp;<a href="https://www.urban.com.au/architects/mas-architecture-studio">MAS Architecture Studio</a>, Breakfast Creek Quarter will comprise three towers rising 23, 26, and 28 levels with a total of 752 apartments. Around 80 per cent of the apartments are designated as build-to-rent.&nbsp;

The tallest tower however will feature 164 build-to-sell apartments.

At the ground level, the plan includes an activated laneway and a landscaped civic plaza facing Breakfast Creek Road, envisioned as an extension of Newstead Park, designed to enhance interaction with the streetscape.&nbsp;

The staggering price growth in has seen Brisbane unit values overtake both Melbourne and Canberra to be the second most expensive unit market in the country, only behind Sydney

Joel Robinson

City Beat July 2024: Brisbane units on course for 20 per cent gains in 2024

Jonathan Leishman’s Churchill Development Group has submitted a development application for a mixed-use project in Newstead.

Dubbed Breakfast Creek Quarter, the proposal aims to transform a 6778-square-metre site fronting Breakfast Creek Road, as well as Ross and Durong streets, into a vibrant residential and commercial precinct.

Breakfast Creek Quarter will comprise three towers rising 23, 26, and 28 storeys housing a total of 752 apartments, with almost 80 per cent designated as build-to-rent units.&nbsp;

The tallest tower will feature 164 build-to-sell apartments.

<img alt="Breakfast Creek Quarter" data-entity-type="file" data-entity-uuid="43f30d5f-78db-4d7c-b155-937240885017" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Breakfast%20Creek%20Quarter%20facade.png?VersionId=QVJTnvrOH1OX5R3r2qJJGNrzzqTxDtKd" />

Designed by <a href="https://www.urban.com.au/architects/mas-architecture-studio">MAS Architecture Studio</a>, Breakfast Creek Quarter maximises northern solar exposure and offers expansive views of Hamilton Hill and the Brisbane River.&nbsp;

Full-height glazing in the residential towers is intended to allow deep solar penetration into living spaces, while solid elements on the western façade will mitigate the effects of western solar exposure and provide privacy.

At the ground level, the plan includes an activated laneway and a landscaped civic plaza facing Breakfast Creek Road, envisioned as an extension of <a href="https://www.urban.com.au/new-apartments/newstead-qld-4006">Newstead</a> Park, designed to enhance interaction with the streetscape.&nbsp;

Communal recreation and green spaces are also distributed throughout the podium, with ‘City Rooms’ offering residents spaces to relax and engage with views of the Brisbane River.

The development will include various amenities for residents, such as pools, steam rooms, outdoor kitchens, dining spaces, and sun decks on the rooftop and podium terraces. Dedicated work-from-home spaces will also be available to residents.

<img alt="Breakfast Creek Quarter laneway" data-entity-type="file" data-entity-uuid="c82fa385-702f-4fba-b864-36cb9d9daf7e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Breakfast%20Creek%20Quarter%20laneway.png?VersionId=Qm31mKmqbeAAwVzug77ckH1vCK5jP5_." />

Strategically located, Breakfast Creek Quarter is within walking distance of the Gasworks precinct and Fortitude Valley's dining and entertainment areas.&nbsp;

The project is also within numerous active transport options, including Brisbane City Council buses, QR trains (Fortitude Valley and Albion stations), and CityCat ferries. The proximity to cycleways and pedestrian paths also supports the use of e-scooters and city cycles.

A new laneway from Ross Street to Breakfast Creek Road is also planned to enhance pedestrian traffic through the site and support the use of e-scooters and city cycles.

The Breakfast Creek Quarter development will proceed in two stages.&nbsp;

The first stage will involve constructing the 28-storey north tower, followed by the simultaneous construction of the east and west towers with a combined 588 build-to-rent units.&nbsp;

Parking for around 580 cars will be accommodated in two basement levels and three podium levels.

Designed by MAS Architecture Studio, Breakfast Creek Quarter maximises northern solar exposure and offers expansive views of Hamilton Hill and the Brisbane River

Churchill Development Group

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