Once-in-a-lifetime opportunity: Only 3 penthouses remain at rare riverfront development

AT A GLANCE: 

• Developer: Consolidated Properties Group
• Builder: Hutchinson Builders
• Number of residences: 224 in whole development
• Estimated Completion Date: End of 2025

Toowong is a vibrant, energetic neighbourhood well known for its character-rich cafes and friendly atmosphere. Located three kilometres from the Brisbane CBD, the riverside suburb makes for the perfect place to reside.

Soon to grace Toowong is one of Brisbane’s most prestigious riverfront developments, Monarch Residences, due for completion at the end of this year.

With only three penthouses remaining, buyers are encouraged to get in quickly to secure this once-in-a-lifetime offering.

“The Monarch Residences penthouses offer unparalleled views, elegant design, and the kind of luxury living rarely seen in Brisbane,” said Consolidated Properties Group’s CEO and chairman, Don O’Rorke.

“Every apartment in the buildings is beautiful and in a class of its own – but with the penthouses, we’ve created a very small, exclusive set of residences that elevate themselves into a new class.”

The penthouse collection

Unveiled in October 2024, the Monarch Residences Penthouse Collection has quickly become one of Brisbane City’s most sought-after property offerings.

With elevated 3.2-metre ceilings and breathtaking views of the Brisbane River and city skyline, each penthouse features unique floorplans with premium finishes, herringbone oak floors, bespoke joinery, Dolce Vita quartzite benchtops, and European-designed appliances.

The incredible site gave Consolidated Properties Group the opportunity to create something extraordinary, a place that is purely tailored specifically for its rare riverfront expanse.

Create they did, with the final three penthouses designed to enhance their unique features, where each home is one of a kind.

A look into the three remaining penthouses on offer

Befitting its riverfront location, one of the final Penthouses for sale is the last remaining 295 sqm River Home. This penthouse is situated on the ground floor, which perfectly overlooks the river's edge.

The additional two penthouses are the final top-floor residences available for purchase. Both of them feature three bedrooms, a multi-purpose room, and three car spaces. The entire apartment feels open in nature, with an expansive kitchen, living area, and spacious bedrooms.

Designed to feel more like a large single-level home, these three remaining penthouses feature house-like floorplans and represent a rare final opportunity to secure an iconic piece of the Brisbane riverside.

Don’t wait! Secure your riverfront penthouse

Prospective buyers are urged to act quickly to avoid missing out on this once-in-a-lifetime opportunity.

“Since coming onto the market, the demand for these once-in-a-lifetime ultra-premium penthouse homes has been incredible,” said Andrew Scriven, Colliers director of residential, Queensland.

“We’re continuing to see inquiries from local buyers as well as from out-of-state buyers.

“The level of interest in these homes speaks to the calibre and design of the Penthouse Collection.

“There will never be another place on the Brisbane riverfront like Monarch Residences.

“This is truly a once-in-a-lifetime opportunity and with only three penthouses left, we’re urging potential buyers to get in quickly before they’re gone.”

Who will your neighbours be? 

Monarch Residence buyers have been a mix of Brisbane-based downsizers and families seeking out their own luxurious sanctuary with close proximity to the Brisbane River and CBD.

To date, eight of the 11 penthouse homes have been sold, with an average purchase price of $5.85 million. The penthouse collection has appealed to buyers because of its prestigious and rare address, where residents can not only own one of Brisbane’s most exclusive apartments but will have direct access to the heritage-listed Middenbury House on site.

In total, Monarch Residences comprises 224 residences across two divine 15-level towers, spanning 1.2 hectares. The absolute riverfront site includes over 130 metres of north-facing direct river frontage with stunning, breathtaking views from Saint Lucia to Mount Coot-Tha.

Move in at the end of this year

Monarch Residences is estimated to be completed at the end of 2025 with construction well underway by Hutchinson Builders.

There are less than 10 residences and only three penthouses left for sale, with three-bedroom riverfront residences priced from $4.4 million.

Click here to find out more or to enquire about Monarch Residences.