Pikos Group set to launch La Storia, first stage of Lambert Street Apartments in Kangaroo Point
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.
To keep up to date with the development and its launch, enquire here
“Lambert Street represents the final chance for a new generation of luxury to rise in Kangaroo Point – there are no other developable sites left in the area,” Pikos said.
The first of the three towers
“Interstate developers have been desperately trying to get their hands on developable land in Kangaroo Point, but they’re a little too late to the party.
“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.”
The project is set to rise opposite the highly successful Argyle New Farm, which has underpinned the strength of the central Brisbane market, securing 90 per cent of its sales for $7.75 million, and a penthouse sale at $15.4 million.
One of the later release towers
“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,” Pikos added.
Kangaroo Point is one of Brisbane's most sought-after and tightly held markets for houses and apartments, with little high-rise stock in the pipeline or recently completed.
To keep up to date with the development and its launch, enquire here
Gap Development Sales Director Grant Plummer, who is handling the marketing, said there's been incredible levels of demand already.
Another render of one of the future releases
“Kangaroo Point is the location with it all – it’s got proximity, panoramas, and a captivating charm which has cemented it as the pinnacle of city living for the luxury owner occupier market,” Plummer said.
“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.”
Lambert Street is being modelled with the same finishes as Pikos's Skye apartments, located on just across the bend.
To keep up to date with the development and its launch, enquire here