This week, Brisbane-based developer Consolidated Properties Group launched the luxurious penthouse collection in their $450 million Monarch Residences.
Featuring 11 beautifully appointed residences, these oversized homes boast the best of both worlds - Brisbane city views and absolute riverfront living.
Priced from $4.15 million to $12 million for a palatial 406 sqm residence, the Monarch Residences penthouses are more than double the size of the average 186 sqm Australian home.
Bookending the two residential towers, discerning buyers have the choice of two stunning configurations, with eight of the penthouses commanding the top floors to take in skyline and river views, and three spectacular river homes offering leafy outlooks at the water’s edge.
James MacGinley, Head of Residential at Consolidated Properties Group, spoke on the team’s decision to place penthouses on both the top and ground floors. As Monarch boasts an unparalleled location with 130 metres of direct river frontage, they sought to capitalise on this outstanding opportunity.
“Traditionally, penthouses are reserved for the top floors of the building, but we saw the opportunity to offer something special by creating the river homes, which will have the look and feel of a private, stand-alone dwelling,” he said.
“The two types of penthouses have been designed to appeal to those looking for a hybrid residence which blends the space and comfort of a home with the benefits of apartment living - premium views, a low maintenance lifestyle, and luxury amenities.”
“The Brisbane market has proven in the past 12 months that there is appetite for our $12 million penthouse, which boasts a master suite the equivalent size of a two-bedroom apartment, along with a six-car private garage,” Mr MacGinley continued.
“We have also catered for purchasers looking for a low maintenance, yet spacious 250 sqm penthouse on the river.”
The penthouses are available in three or four bedrooms, one or two balcony areas, and at least three car spaces.
Architecturally designed by the renowned teams at Wardle and Cottee Parker Architects, each penthouse displays its own character and plenty of opportunity for personalisation, with each boasting unparalleled views, privacy, and the highest quality finishes.
“Ultra-high 3.4 metre recessed ceilings, expansive living areas and master bedrooms, and second lounge areas were all non-negotiable inclusions,” explained Mr MacGinley.
“European Oak herringbone timber floors and natural stone benchtops create a bright and airy feel in each home, with wrap-around balconies and sliding doors helping to bring the outside in.
“Every window has been oriented and framed to capture different views of the river and city, to create an artwork-like effect that changes with the time, seasons, colours, and activity of the day.
“The cabinetry and storage throughout are also carefully considered - from built-in bookshelves and wine displays through to expansive walk-in wardrobes, these residences are an invitation to enjoy the finer things in life.”
Fostering an elevated lifestyle, Monarch Residences will also be home to the restoration of the heritage-listed Middenbury House, transformed into an iconic new riverfront restaurant and cafe.
This is in addition to an already incredible resident amenity collection, including a riverside pool, gymnasium, sauna, and an expansive rooftop terrace with dining and entertainment areas.
The launch of the penthouse collection follows the successful release of Monarch Residences’ one, two, and three-bedroom apartments, now selling from $670,000, with many floorplan types quickly disappearing.
To learn more or enquire about Monarch Residences, click here.
For more news, market insights, and lifestyle, click here.
Header image courtesy of Consolidated Properties Group.
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