Watts & Wright tops out as Bulimba’s final riverfront collection nears completion

AT A GLANCE: 

• Developer: Spyre Group
• Builder: FormPlus
• Address: 3-9 Byron Street, Bulimba, QLD 4171
• No. of Residences: 15
• Estimated Completion Date: Q1 2027

Watts & Wright has officially topped out. The 15-residence riverfront collection on Byron Street, Bulimba, is now tracking toward completion in early 2027, with final homes available from $2.3 million.

Construction update

With the structure complete and the building officially topped out, work has moved into fit-out and services. Joinery is in production, and stone selection is underway with Signorino. The first shipment of porphyry for the ground floor has landed - a material choice that speaks to the texture and design language running through the building. KONE lifts are on site, and Energex’s permanent power connection is ahead of schedule, with transformers and connections due this month.

Mechanical and air conditioning units are being installed, tapware is on order, and the first round of appliances is due for delivery in September. Glazing has progressed past the halfway mark across the building, and paint preparation is now underway.

It’s all on track for a Q1 2027 completion.

Sales and buyer trends

Another success for the development, Watts & Wright has recorded three riverfront sales above $5 million this year, led by sales agent Courtney Caulfield. Those results are helping lift property values along Byron Street and set a new benchmark for premium riverfront living in Bulimba.

The buyer pool has skewed hyper-local: the majority of purchasers already live on Byron Street, choosing to stay in the neighbourhood rather than move away from it, but looking for a more premium home.

Right where Byron Street meets the river

Bulimba is one of Brisbane’s most sought-after riverside suburbs, located four kilometres east of the CBD, wrapped by the river on two sides, and home to a village strip on Oxford Street lined with boutique stores, cafes, and restaurants. CityCat and cross-river ferry services connect residents directly to Teneriffe and the CBD, and green space is close at hand, from Bulimba Memorial Park to the riverside parklands that keep locals local.

Watts & Wright’s own stretch of Byron Street sits close to the Bulimba Barracks precinct, which is set to bring a new wave of retail, dining, and hospitality to the area. It’s even earmarked to rival New Farm’s iconic James Street - one more reason residents here are choosing to stay rather than move on.

Designed to last

Watts & Wright is designed by Cavill Architects for Spyre Group, rising five storeys on the last remaining riverfront site on Byron Street, the only building on this stretch of the river to reach that height. It’s a position that hands every residence a run of eastern and northern views no other home on Byron Street can match, and the two penthouses claim the longest stretch of north and east river frontage in the precinct.

Up above, residents will enjoy exclusive access to the rooftop terrace, where an infinity-edge pool and spa, sauna, outdoor kitchen, sun deck, and lush landscaping are framed by sweeping city views.

The design carries a quiet nod to the site’s own history. Long before this stretch of river was home to residences, it was home to the Watts & Wright Boatyard, where timber was shaped into vessels built to handle the current. That same craftsmanship is echoed today in a building residents will step into and immediately feel was made with intent.

With three- and four-bedroom homes selling, you can secure your piece of Byron Street’s final chapter.

Prices start at $2.3 million, for a three-bedroom Courtyard Residence with two baths and two car parking spaces.

Click here to learn more or to enquire about Watts & Wright.