New Farm’s prestigious Moray Street set to house the next Graya masterpiece with DA approval of Chalk

Market Insights
1 year ago
3 minutes

After their incredible success with the now renowned Maison, Graya is back for more on Moray with the DA approval of Chalk this week.

The sculptural low-rise building comprises just 10 premium apartments and caters to pent-up demand from downsizers, right-sizers, and professionals seeking larger apartments and proximity to Brisbane’s riverfront amenity.

“There’s simply not enough luxury property in Brisbane to meet demand,” said Carly Cottam, Founder and CEO of MOTIV.

“New Farm is one of Brisbane’s most affluent and tightly held suburbs, so opportunities like Chalk are rare and require a distinctive architectural response,” said Rob Gray, Managing Director of Graya.

“Chalk fills a gap in the inner-city market for high-end apartments where people can transition from the traditional family home and still enjoy large, liveable spaces and amenities that meet all their lifestyle needs.”

Come home to house-sized interiors and a breathtaking design at Chalk. Image courtesy of Graya.

Spanning three storeys, Chalk will comprise two and three-bedroom apartments located on an elevated New Farm address best known for its affluent homes, elevated riverside position, and stunning city vistas.

Complete with awe-inspiring views of the Brisbane city skyline and rooftop amenities, including an exceptional resort-style pool and landscaped alfresco dining area, every detail has been meticulously crafted at Chalk to ensure an exceptional way of life.

Chalk will be formally launched to the market this May. Early works have begun on the low-rise development, with completion expected in mid-2024.

The rooftop amenity at Chalk boasts sweeping city views. Image courtesy of Graya.

The successful DA approval for Chalk follows the resale of the whole floor sub-penthouse in their sold-out project Maison, also located on Moray Street. The residence was purchased for $4.85 million this year by pro golfer Cameron Smith.

While Graya teamed up with Joe Adsett Architects to create Maison, Andrew Gray, Director of Graya, said Chalk was the creation of their in-house design team.

“Graya understands the New Farm market well and Chalk’s curated interiors have been designed to maximise space, light and views, with generous house-size proportions,” he said.

“Being the designer, developer, and the builder also gives us the advantage of mobilising onsite quickly and efficiently.”

Carly affirmed this: “Like the award-winning Maison, Chalk will deliver enduring value through its location, architecture, and build quality.

“High-net-worth individuals are seeking location, lifestyle, craftsmanship, and a low-maintenance, lock up and leave solution – a combination Graya has mastered.”

Chalk will be formally launched to the market this May. Image courtesy of Graya.

Graya’s southeast Queensland portfolio comprises a collection of luxury developments across Brisbane and the Gold Coast with an estimated value of $200 million.

Their successful Bulimba development, Canvas, is on track for completion this year. The sale of a four-bedroom apartment in this luxury project recently set records for non-riverfront apartments in the suburb after attracting a $3.5 million buyer.

The stunning residence is one of three penthouses under construction and will feature its own pool, an entertaining area, and city views from the terrace.

Graya recently won approval for Ripple - a beachfront apartment development in Palm Beach. Currently, they are working through the development application process for Kloud, also a luxury apartment project located in Palm Beach.

For more news, market insights, and lifestyle, click here.

Header image of Chalk courtesy of Graya.