Brisbane off the plan apartments

Brisbane developer Aria Property Group is reviving its green South Brisbane apartment development, pitched as an Urban Forest when initially drafted nearly four years ago.

The Koichi Takada-designed building at 23-25 Glenelg Street was approved at 20 levels a few years ago, after council made Aria cut 10 levels from their original 30-level proposal.

Aria argued that the new 20-level height limit made the project economically unviable.

<img alt="Aria" data-entity-type="file" data-entity-uuid="53509ee5-05fe-43a0-9194-a8e076a906d8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%209.13.26%20am.png?VersionId=4ZWdY9FPpG9x.3r2bZDwx6DLruvFoTTg" />

After back and forth, with the Brisbane Council approaching the State Government to&nbsp;implement a Temporary Local Planning Instrument for the Kurilpa area, the tower is now back in planning at its original 30 levels.

The Town Planning Report by Urbis said the project will be one of the world's greenest buildings, with a green plot ratio of 200 per cent. A green plot ratio&nbsp;provides a quantitative assessment of the amount of vegetation and open spaces in relation to built-up areas.

"Aria’s ‘Urban Forest’ comprises a truly iconic and world-class residential building, one which links Musgrave Park and South Bank Parklands," Urbis noted in their report.

"With a one-of-a-kind building offering dramatic views, significant community benefits, housing diversity and design excellence through lush subtropical greenery to the building."

<img alt="Koichi" data-entity-type="file" data-entity-uuid="d0853163-668d-4ad2-9de4-6bc746143752" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%209.13.32%20am.png?VersionId=ziazafClff8VoKnoQORcUdKLgJuhkTDC" />

Urbis said the project landscape architects, LatStudios, have analysed the world’s most recognisable and acclaimed green buildings to confirm that the proposal does indeed provide the most landscaping for any residential building in the world.

The ground plane has been dedicated as a considered open space at a more intimate scale than the nearby large and medium scale public green spaces with a variety of seating, open space, lighting, art, water features, high volume, sculptural green columns.

<img alt="Aria" data-entity-type="file" data-entity-uuid="7b1cde0d-30de-4aeb-a0be-6b6030d6747a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%209.35.57%20am.png?VersionId=AQuEY1WnzUDs16S1qlgSu5wAb_wvpnFy" />

"The proposal goes above and beyond the usual offering for a residential building with a level of community and public benefit that is unprecedented for any development of this scale in Brisbane – a true landmark for the city and a new benchmark for innovative subtropical design in Australia," Urbis added.

The 30-level tower would home 321 apartments, down from 383 apartments in the original 30-level design. There will be a variety of configurations, from one-bedroom to five-bedroom apartments.

Recreational space will be on the communal rooftop, where there will be a 50-metre infinity pool and a number of spas, cabanas and day beds, yoga spaces, meditation pods, and barbecue and alfresco areas.

<img alt="Aria" data-entity-type="file" data-entity-uuid="edaed2ec-7f66-44e4-a0d6-9e63073e9745" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%209.35.24%20am.png?VersionId=HwQgtKT40qR99NwT75j30j7p1fBjQub3" />

"The permeable and sculptural collection of rooftop forms interspersed with lush vegetation give the skyline a unique subtropical crown that will be lit like a cluster of lanterns punctuating the South Brisbane silhouette," Urbis said.

"The crown also provides a practical function in shading the external open space and amenities for all residents to enjoy. The outdoor space allow residents the opportunity to celebrate and embrace Brisbane’s mild climate with a multitude of options for communal recreation with spectacular views in all directions."

ARIA has a strong track record of delivering sculptural rooftops across Brisbane. Their recently completed Upper House by Aria, also in South Brisbane, features a double-storey rooftop with golden ribbons crowning the 32-level building.

Joel Robinson

Aria revive plans for "one of the world's greenest buildings" in South Brisbane

The top 10 off the plan apartment developers to look out for in Brisbane in 2024

Pyco Group has announced Brick Construction will build its West End apartment development Atelier, which is already 80 per cent sold following its launch in May this year.

Construction will commence in February 2024 on the Vulture Street development of 36 apartments, a unique offering given every apartment spans two levels.

Pyco sees the units more like vertical townhouses, starting from 143 sqm.

[smartcode_project:default project_id=105965 project_image_fid=211837]

The focus by DAH Architecture was to take advantage of Brisbane's sub-tropical climate, with the apartments opening onto large courtyards, balconies or rooftop terraces.

The apartments, each with three bedrooms, were first released to the market starting from $1,575,000, while the larger apartments, ranging between 218 sqm and 272 sqm, started at $2,195,000. Those apartments have the rooftop terraces and private pools.

"In an industry facing challenges, it is critical to have the right builder partner who has a strong track record and expertise to deliver the vision we've created at Atelier," Pyco's Ben Dalgleish said on the appointment of Brick Construction.

[smartcode_project:default project_id=105965 project_image_fid=211841]

The Vulture Street project will replace an ageing backpacker hostel.&nbsp;YPM are in charge of the sales and marketing.

Atelier follows the success of Pyco's Albion apartment development Nouveau, another collection of vertical townhomes.

[smartcode_project_cta:default project_id=105965]

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Pyco appoints builder at Atelier West End

Kokoda Property's Ruby Ruby Penthouse Collection offers the pinnacle of luxury apartment living in Brisbane's Milton.

There might not be another set of apartments in the inner-city suburb than rivals the eight sub penthouses and penthouses that are located toward the top of the 21-level, Cottee Parker-designed building on Crombie Street.

Kokoda has collaborated with interior design studio Carr Design Group for the exclusive Penthouse Collection residences, which start from $3.75 million. The sizes of the apartments range from just below 200 sqm to nearly 400 sqm.

Residents will be greeted with luxury and warmth the moment they arrive at Ruby Ruby with a welcoming concierge and an elegant entrance.

Penthouses will open up to a light-filled living room that takes in the backdrop of the Brisbane River and the city skyline. The open living and dining areas flow seamlessly to a large balcony overlooking sweeping views of Milton.

Modern curves and lines wrap the kitchen bench with delicate marble countertops, premium appliances and warm soft finishes, while the bedrooms, characterised by natural light and ample space, create a cosy sanctuary with soft carpeting and clean white walls.&nbsp;

After a fulfilling day, residents can unwind in their private bar and lounge, taking after-work happy hours to new heights.

Ruby Ruby's luxurious penthouses define style and elegance, extending from interiors to resort-style service and amenities.

Ruby Ruby residents will have access to a comprehensive suite of recreational facilities designed to provide a mix of relaxation, entertainment, and health and well-being activities.

The majority of the amenities will be located on the top level, with a few meeting rooms and work-from-home facilities on the ground level, along with a podium featuring a private dining and lounge area, a cinema room, and a billiards room.

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/a-rooftop-wellness-retreat-and-a-luxe-cinema-inside-the-facilities-at-kokodas-ruby-ruby-apartments-in-milton">A rooftop wellness retreat and a luxe cinema: Inside the facilities at Kokoda's Ruby Ruby apartments in Milton</a>

The rooftop will feature a full-width swimming pool, as well as several cabanas, a firepit area, barbecues, private dining and a bar.

Additional health and wellness amenities include an infrared sauna, spa, plunge pool, yoga studio, and a fully equipped gym.

Ruby Ruby is just 500 metres from the Brisbane CBD.

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/why-prospective-buyers-will-be-excited-by-the-location-of-kokodas-latest-brisbane-apartment-development-ruby-ruby">Why prospective buyers will be excited by the location of Kokoda's latest Brisbane apartment development, Ruby Ruby</a>

Construction is slated to commence in early 2024 with a target completion date in late 2025.

[smartcode_project_cta:default project_id=142650]

Urban Editorial

Inside the penthouse collection at Kokoda's Ruby Ruby Milton apartment development 

Veteran Brisbane developer&nbsp;Gardner Vaughan Group knew the value of developing on a park when they acquired a Flora Street site in Stones Corner.

What they hadn't banked on was a $21.5 million, government-funded rejuvenation of the 5.21-hectare Hanlon Park, which was voted Australia's best park in 2023 at Build Australia's 2023 National Awards.

The park&nbsp;won an Award of Excellence in the Parks and Open Space category, a Landscape Architecture Award in the Land Management category and a Climate Positive Design Award.

Facing the park will be Gardner Vaughan Group's new apartment development, Stonebrook.

s[smartcode_project:default project_id=114094 project_image_fid=223429]

The nine-level building will have 90 one, two, three and four-bedroom apartments, and will be crowned by a communal rooftop terrace with views over the park.

Stonebrook will house 90 one to four-bedroom apartments and penthouses across nine levels, including communal ground floor and rooftop amenities.

With a spotlight on simplicity and style, residents can expect high-quality fixtures and finishes within all carefully crafted homes. Penthouse residents can customise their interiors from the exclusive penthouse collection interiors.

[smartcode_project:default project_id=114094 project_image_fid=223432]

The modern, minimalist kitchens are centred on a large island with a bar sink and seating for added functionality.

The bathrooms feature a floating vanity under a mirrored storage cabinet that reaches the ceiling. The open shower is bordered by a frameless glass on one side and an illuminated shower niche on the other.

Outdoors, residents can stay active with the on-site gymnasium or dip in the heated ground pool.

Entertainers will enjoy the indoor and outdoor dining spaces overlooking park views on the communal rooftop terrace to host family and friends.

[smartcode_project:default project_id=114094 project_image_fid=223430]

The pet-friendly development also has onsite parcel and bike storage, 14 visitor car spaces, provision for EV charging stations and solar compatibility. Stonebrook is a proud UDIA-certified EnviroDevelopment.&nbsp;

Stonebrook is just five kilometres from the Brisbane CBD via the Buranda Train &amp; Busways and moments from the first-class restaurants at Logan Rd. With direct accessibility to Hanlon Park, residents can enjoy a quiet morning stroll, jog, or cycle daily.

The development is estimated to be completed in December 2024.

[smartcode_project_cta:default project_id=114094

Adjacent to Australia's best park: Inside Gardner Vaughan Group's Stones Corner apartment development, Stonebrook

Sekisui House Australia is set to welcome more than 350 new residents to its latest completed stage at its West Village masterplan, Altura.

Altura, the tallest apartment tower and the fifth to be completed in West End’s landmark $1.2 billion West Village precinct, comprises 146 apartments, which will be occupied just in time for Christmas.

The 22-level tower was designed with a&nbsp;unique neuro-architectural approach that aims to promote a feeling of wellness through design, textures and colours.

With concept design by Smart Design Studio, detailed design by nettletontribe and landscape design by RPS, Altura’s rooftop boasts a ‘Wellness Regeneration Zone’ with infinity edge pool, magnesium spa, outdoor kitchen, barbecue area and sunken fire pit for residents to rest and recharge.

&nbsp;

<img alt="Altura" data-entity-type="file" data-entity-uuid="135b3a12-f217-4a38-9218-bdb6bd4cefe2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-30%20at%2010.11.22%20am.png?VersionId=wwfVvInvKIP7fepHVAtEn_aB2Qui8gR2" />Altura's rooftop: Image credit Lucas Munro

The podium ‘Lifeplace Level’ features communal areas for connectivity, including a library, cinema rooms, private dining room with kitchenette and workspace productivity pods, while 14-metre mature kauri pines line the base of the tower forming the tranquil Kauri Grove on Kauri Lane.

nettletontribe Director David Cohen said the quality of living spaces in each Altura residence was further enhanced through connections with nature.

“One of the underpinning design principles across the West Village master plan is the integration of built form with the natural environment, which has a positive flow-on effect on our health and wellbeing,” Cohen said.

“Altura embodies this principle by incorporating greenery vertically up the building, benefiting not only the residences and balcony environments, but also the surrounding buildings in the broader West Village community.

“The design of the balconies and the façade were key to delivering a quality space for each residence that achieved outlook and connection to the natural environment, including access to natural light and ventilation.”

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Only two residences remain available at Altura starting from $3.6 million, including the five-bedroom, four-and- half bathroom penthouse on level 22 and the four-bedroom, three-and-a-half bathroom sub-penthouse on level 21.

<img alt="Altura" data-entity-type="file" data-entity-uuid="baaee00e-1b2e-4c0c-84dd-37d72f066c69" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-30%20at%2010.12.27%20am.png?VersionId=nwB9neuZHL4jd.wNaBMoWM1XuzirPAmM" /> 
A built in fireplace on the roof: Image credit Lucas Munro

West Village Project Director Taku Hashimoto said the distinctive Altura residence reinforced the benefits of living in West Village where community, lifestyle and wellbeing were at the forefront.

“West Village provides an unparalleled setting, combining heritage, environmental connectivity, creativity, and health and wellness aspects that encourage residents and visitors to thrive,” Hashimoto said.

“It also boasts a 99 out of 100 Walk Score, enabling residents to easily access the precinct’s Harris Farm Markets, Goodlife Health Clubs, medical and beauty hubs, and the 25-plus retail and dining options.

“We are proud to deliver Altura as part of the West Village master plan and provide its soon-to-be residents with multi-sensory, luxury living and innovation, all within a vibrant community and a stone’s throw from the city."

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Three final buildings are to be completed at West Village, including the Allere Collection which is currently under construction and features two connected, vertical communities Uno and Duo, 90 per cent of which is already sold out with limited residences remaining across three, four and five-bedroom options.

The Allere Collection is a curated collection of 203 residences designed by Rothelowman, with a unique, pet- friendly focus integrated across both communities and shared communal spaces set to entice families, including rooftop pools, enclosed dining spaces, seating areas, a vegetable garden and an off-leash rooftop dog space, ‘Paw Pavilion’.

[smartcode_project:default project_id=114215 project_image_fid=204857]

West Village’s master developer Sekisui House Australia is proud to continue to create homes and communities that improve with time and last for generations.

With developments in Queensland and New South Wales, Sekisui House Australia’s approach to design honours its Japanese heritage, with design guided by the principle of Satoyama — connecting people through ‘ribbons of green’ to ensure communities are in harmony with their natural surroundings.

[smartcode_project_cta:default project_id=114215]

Sekisui to welcome residents to Altura, West Village precinct after construction completion

National apartment developer <a href="https://www.urban.com.au/developers/kokoda-property">Kokoda Property</a> were very strategic in their acquisition of the site for their latest <a href="https://www.urban.com.au/developments/brisbane-lga-qld">Brisbane apartment development</a>, Ruby Ruby.

Having already completed <a href="https://www.urban.com.au/buildings/chester-ella-penthouse-collection-14-ella-street-newstead">Chester &amp; Ella</a> and <a href="https://www.urban.com.au/buildings/the-ambrose-penthouse-collection-19-23-mcdougall-street">The Ambrose</a> in <a href="https://www.urban.com.au/new-apartments/newstead-qld">Newstead</a>, Kokoda stayed near the river, but ventured much closer to the city.

They snapped up a site in <a href="https://www.urban.com.au/developments/milton-qld">Milton</a>, which has quickly garnered attention for its quirky cafe and brewery scene attracting young professionals.

[smartcode_project:default project_id=139032 project_image_fid=232285]

The Crombie Street site is ideally located just behind the <a href="https://www.urban.com.au/developments/milton-qld">Milton</a> Train Station, a three-minute train to Roma Street Station. The train lines also reach as far as Springfield and Ipswich to the south and the Redcliffe Peninsula to the north.

Ruby Ruby residents won't have to head into the city however to find amenity.&nbsp;

Brisbane’s first outdoor café strip is located a stone's throw away on Park Road, with Bunker Coffee open for breakfast and Arrivederci Pizza a popular lunchtime spot.

[smartcode_project:default project_id=139032 project_image_fid=232277]&nbsp;

<a href="https://www.urban.com.au/developments/milton-qld">Milton</a> boasts a vibrant cultural scene, with shopping and entertainment options at Rosalie Village, The Barracks at Petrie Terrace, and the Caxton Street entertainment precinct. Additionally, the lively Milton Markets are just one block away from Ruby Ruby, which will no doubt be a weekend hotspot.

Residents will be walking distance to Milton's iconic XXXX Brewery, <a href="https://www.urban.com.au/developments/milton-qld">Milton</a> Common, Tuk Tuk Restaurant &amp; Bar, Newstead Brewery, and Brewski Bar.

Residents will be surrounded by abundant green space, bikeways and the Brisbane River, with can play sports in <a href="https://www.urban.com.au/developments/milton-qld">Milton</a> Park and Frew Park or stroll down the river in no time. Other popular parks and playgrounds nearby are Dunmore Park, Paddington Skatepark, Roma Street Parkland, Wickham Park and E.E. McCormick Place on the waterfront.

Sport fans will also be at home with Suncorp just 750 metres away.

Families are expected to take interest in some of the larger apartments at Ruby Ruby, to be able to stay in a connected neighbourhood near good schools. <a href="https://www.urban.com.au/developments/milton-qld">Milton</a> State School, Hubbard's School, and Brisbane Grammar School are within 600 metres of Ruby Ruby, while Queensland University of Technology is only an eight-minute drive away.

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/the-rise-of-milton-whats-driving-off-the-plan-apartments-buyers-to-the-inner-brisbane-suburb">The rise of Milton: What's driving off the plan apartments buyers to the inner-Brisbane suburb</a>

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[smartcode_project:default project_id=139032 project_image_fid=232284]

Residents won't even have to leave Ruby Ruby however with the extensive amenity Kokoda is flooding the 21-level Cottee Parker-designed building with.

The 144-apartment building will feature a wellness rooftop with a wet-edge swimming pool that spans the full width of the building. Completing the fitness component of the rooftop is a heath and wellness space with a gym, infrared sauna, spa, plunge pool and a yoga studio.&nbsp;

[smartcode_project:default project_id=139032 project_image_fid=232307]

<a href="https://www.urban.com.au/developers/kokoda-property">Kokoda</a> is also catering for the working from home trend with a number of meeting rooms on the ground level, while the podium will home a&nbsp;private dining and lounge area, a cinema room, and a billiards room.

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/a-rooftop-wellness-retreat-and-a-luxe-cinema-inside-the-facilities-at-kokodas-ruby-ruby-apartments-in-milton">A rooftop wellness retreat and a luxe cinema: Inside the facilities at Kokoda's Ruby Ruby apartments in Milton</a>

<a href="https://www.urban.com.au/developers/kokoda-property">Kokoda</a> is expected to announce a builder for Ruby Ruby before the end of the year, with construction slated to commence in early 2024 and a target completion date in late 2025.

[smartcode_project_cta:default project_id=139032]

Why prospective buyers will be excited by the location of Kokoda's latest Brisbane apartment development, Ruby Ruby

EG Funds Management are bringing over 550 apartments to the vastly undersupplied Brisbane apartment market.

They're splitting their approved Fortitude Valley building in half, vertically not horizontally, creating two towers, one with 326 build to rent apartments, the other with 225 build to sell apartments across 33 levels.

The vast 3,582 sqm block stretches across 80 McLachlan Street and 801 Ann Street, while also having street frontages to Moregan and Connor Streets. the BTR tower will face Ann Street and the BTS tower McLachlan Street.

The Town Planning Report by Urbis said&nbsp;the Rothelowman-designed proposal delivers an exemplary design outcome that offers choice and diversity for both the apartment and rental market in Brisbane.

<img alt="EG" data-entity-type="file" data-entity-uuid="f87be608-8e20-4b6b-8ad2-2a55af6b947e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-27%20at%203.45.10%20pm.png?VersionId=frciwo0Om0LJL5Bj53P54k0S9Mz2rNQa" />

"The development provides a memorable marker to the inner-city skyline, with vertical landscaping dispersed generously and use of contrasting colour palettes between the two towers," Urbis noted in their Assessment Report.

"The materiality creates a modern residential development with subtropical components that suitably respond to the site’s context and are unique to Brisbane."

Urbis said a key aspect of the development proposal is its building height.

"The proposed concept relies upon the existing approved height of the commercial scheme and enhances the design to provide a more refined outcome for the site involving two separate towers with greater setbacks and separation as well as reduced tower site cover."

<img alt="EG Funds" data-entity-type="file" data-entity-uuid="fd17c6e1-c060-4abd-89d6-2124547dfb90" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-27%20at%203.44.50%20pm.png?VersionId=3eG1_QsuiRkmT7uRGqkZN1Zf9iqVqlPr" />

They said significant events have occurred since the receipt of the two previous approvals, including COVID-19, population growth, and confirmation of Brisbane as the host city for the 2032 Olympics.

"These significant events have stimulated changes to policy direction for planning and development of Brisbane.

"Recent federal, national and local strategic policies are expressing a consistent direction whereby increased height and density is supported in appropriate locations, particularly to address a critical economic and community need for housing supply.

"The proposal is aligned with this emerging policy direction, as the site is a large island site with no adjoining sensitive uses and receivers and highly accessible to public transport, employment and goods and services.

"It is of an appropriate scale and density that can accommodate significant on-site population to support the day- and night-time economy of Fortitude Valley."

<img alt="EG" data-entity-type="file" data-entity-uuid="fabcd145-42f6-4c2b-947b-77f5f4eb69d3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-27%20at%203.50.41%20pm.png?VersionId=_lLRzKvOl8DwEDn6YXUhCU2bdA.Agjwh" />The former approval, left, vs the new plans, right

Architecture firm Rothelowman said in their Urban Context Report that the towers will make a "genuine contribution to helping solve the current housing crisis that affects Brisbane and Australia as a whole."

Part of the proposal is over 1,000 sqm of retail space which activates all four street frontages and provides a day/night economy to the area.

There will be around 300 sqm of purpose built community use space operated by the Little Big Foundation,&nbsp;over 400 sqm of privately owned public space in the form of a covered colonnade, activated plaza and sub-tropical gardens, and a subtropical colonnade along Morgan St that links together two heritage buildings; The Osbourne Hotel and St Patricks Cathedral.

Rothelowman said a deliberate focus on the power of landscape is at the heart of all design strategies embedded in the project.

<img alt="EG Funds FV" data-entity-type="file" data-entity-uuid="ece0022e-f723-4520-bc83-ba976eb816ed" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-27%20at%203.42.59%20pm.png?VersionId=KFlCgUpGY4QaxL7fSgxruiE8QF.7NAmJ" />

"801 Ann St seeks to provide an exemplary residential project grounded in a deep understanding of place and a sincere dedication to life in the subtropics. The design seeks to reimagine urban living with a central focus on community, generosity, and connection to nature. This approach and attitude is fundamental in providing a future focused methodology to delivering much needed housing within our rapidly evolving city.," Rothelowman said.

"Crafted through a meticulous analysis of the site and its surroundings, 801 Ann aims to seamlessly engage with the existing context of Fortitude Valley whilst offering rejuvenation to one of the more intense inner-city suburbs of Brisbane. It envisions weaving a vibrant, active, and generous urban atmosphere into the Valley heart, utilizing urban gestures and deep sheltered public spaces to establish a porous and harmonious interface with the city."

Both towers feature rooftop recreation decks with a pool, spa area, sun deck, dining room and kitchen and BBQ areas, as well as further amenity on level five with a gym for each building, a wellness spa, library, and work from home spaces.

EG Funds Management has over $5.1 billion in assets under management and a $3.9 billion development pipeline across Australia. They intend to keep the BTR tower, which they will let a national operator manage.

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EG Funds to plug Brisbane housing supply hole with build to rent and build to sell plan apartment towers in Fortitude Valley

<a href="https://www.urban.com.au/developers/consolidated-properties">Consolidated Properties Group</a> has completed the first stage of construction on <a href="https://www.urban.com.au/new-apartments/monarch-residences-600-coronation-drive-toowong">Monarch Residences</a> – the largest new apartment project in Brisbane’s western suburbs.

One of the two towers in the Coronation Drive project in <a href="https://www.urban.com.au/developments/toowong-qld">Toowong</a> is approaching a sellout, with $300 million in sales across the whole development to date.&nbsp;

<a href="https://www.urban.com.au/new-apartments/monarch-residences-600-coronation-drive-toowong">Monarch Residences</a>, which is being delivered by Consolidated Properties Group with funding partner Qualitas, was named <a href="https://www.urban.com.au/new-apartments/brisbane-lga-qld">Brisbane’s</a> best performing project in the latest Urbis report, with the highest number of apartments sold in the July and September quarters.

<a href="https://www.urban.com.au/new-apartments/monarch-residences-600-coronation-drive-toowong">Monarch Residences</a> is positioned on a 1.2-hectare site on the riverfront in <a href="https://www.urban.com.au/developments/toowong-qld">Toowong</a> and upon completion will deliver 224 apartments and penthouse residences across two buildings.

[smartcode_project:default project_id=113455 project_image_fid=211466] 
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Residents will have access to a suite of facilities including a riverside pool, gym and sauna, and an expansive rooftop terrace with dining and entertainment areas.

The <a href="https://www.urban.com.au/new-apartments/monarch-residences-600-coronation-drive-toowong">$450 million development</a> recently bottomed out with earthworks complete to basement level, paving the way for both towers to start coming out of the ground first half of next year.&nbsp; 
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With towers River 1 and River 2 being built concurrently, it’s anticipated construction of the whole project will be complete by the end of 2025.&nbsp;

[smartcode_project:default project_id=113455 project_image_fid=211467] 
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<a href="https://www.urban.com.au/developers/consolidated-properties">Consolidated Properties Group</a> Chairman and CEO Don O’Rorke said work is ahead of schedule due to strong demand from buyers seeking larger riverfront apartments, and the capability of Hutchinson Builders.

“<a href="https://www.urban.com.au/new-apartments/monarch-residences-600-coronation-drive-toowong">Monarch Residences</a> is one of <a href="https://www.urban.com.au/new-apartments/brisbane-lga-qld">Brisbane’s</a> most sought-after addresses, with Urbis data showing this project has accounted for a third of all apartment sales in the city over the past six months,” he said.

“Sales have really gained pace in the lead up to Christmas, as people look ahead to the new year and consider their property and lifestyle aspirations. 
&nbsp; 
“River 2 now has less than 10 residences remaining for sale, all of which are home-size three- bedroom floorplans, with prices starting from $1.875 million."

WATCH:&nbsp;<a href="https://www.urban.com.au/news/qld/why-owner-occupiers-have-embraced-consolidated-properties-groups-monarch-residences-in-toowong">Why owner-occupiers have embraced Consolidated Properties Group's Monarch Residences in Toowong</a>

O'Rorke says the development has&nbsp;been so successful because it is unique in terms of both its location on the riverfront surrounded by expansive public parkland, and its offering - with residences created by the best in the business – <a href="https://www.urban.com.au/architects/john-wardle-architects">Wardle</a> and <a href="https://www.urban.com.au/architects/cottee-parker-architects">Cottee Parker Architects</a>.&nbsp;

[smartcode_project:default project_id=113455 project_image_fid=211495] 
&nbsp; 
“As the towers start to come out of the ground, I expect interest will ramp up even further, as prospective buyers will be able to see the project taking shape.”&nbsp; 
&nbsp; 
Hutchinson Builders Chairman Scott Hutchinson said the construction site was already a hive of activity, with more workers expected to come on board as the towers stretch skyward.&nbsp; 
&nbsp; 
“We currently have a workforce of about 200 tradies on site, but this will increase to about 400 during peak construction phases,” he said.&nbsp; 
&nbsp; 
“Most of our tradies are local to South-East Queensland, so a project like this is an exciting opportunity to be part of creating what will be a landmark community for Brisbane.”

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Hutchinson completes earthworks at Consolidated Properties' Toowong apartment development, Monarch Residences

National developer Urbex is approaching the sellout of its luxury Manly residential development, The Wellington Collection.

They've sold out each of the six apartments in the Wellington Street building, leaving just two townhomes remaining for sale. The last apartment in the building sold for $2.6 million.

Scaffolding is expecting to come down in the next few weeks, with construction slated for early next year.

[smartcode_project:default project_id=113253 project_image_fid=207573]

“Manly already has significant value in its lifestyle offering, so it was important for any project introduced into the suburb to hit the mark with trade up or down owner-occupiers from interstate, the Sunshine Coast and Brisbane,” Craig Covacich, General Manager of Urbex Realty, said.

Covacich said the slowdown in the real estate sector off the back of interest rate hikes has not mitigated the severity of an undersupplied housing market, magnified by the turbulence developers have had to navigate to deliver their projects.

"Supply chain and labour cost issues have placed many builders and developers in financial distress, some of which have collapsed, and consumers are cautious when purchasing off the plan,"&nbsp;Covacich said.

[smartcode_project:default project_id=113253 project_image_fid=207574]

Urbex has its own building division, JMac Constructions, which&nbsp;Covacich says provides a&nbsp;point of difference and grants the business a level of resilience and flexibility.

Covacich believes the townhouse model may also be a solution to the high demand given the housing supply crisis in South-East Queensland.

“With the rise in the population in Queensland and changes to what consumers want in their homes, there is a shift in what the ‘Australian dream’ home looks like. In the past, this was a large block, four-bedroom house and a big backyard. Many are opting for building upwards, rather than outwards, and cutting out the fourth bedroom and investing those saved funds into shaping the urban space and amenities within the dwelling."

The Wellington Collection’s remaining two townhomes span over 460 sqm internally and have three bedrooms, a multi-purpose room, three car spaces, a workshop, an internal lift, and a private plunge pool.

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