From Sydney to Australia’s Gold Coast, developers are looking to capture booming luxury demand
Skye by Pikos, 8 River Terrace, Kangaroo Point, Brisbane
After a long period of lackluster growth in apartment prices, Brisbane is currently experiencing a property renaissance as Sydneysiders and Melburnians frustrated by continued Covid lockdowns seek more bang for their buck in a smaller but still vibrant city. As a result, now is the perfect time for luxury developments such as Skye by Pikos Development Group to assert themselves on the skyline of Queensland’s capital.
When completed, Skye by Pikos will comprise three towers which will house 70 apartments, including three two-storey penthouses. The development will rise above the iconic cliffs of Kangaroo Point with sweeping views of the Brisbane city skyline, South Bank, Botanic Gardens and river below.
Designed by Conrad Gargett Architects, there will be two apartments per floor in each tower and the spacious floor plans have been created to make the most of Brisbane’s subtropical climate with seamless indoor-outdoor living spaces.
Unique vertical gardens will appear on the exterior with greenery incorporated at all levels to give the impression of three living and breathing towers. Buyers can choose from six layouts.
The apartments will have natural stone travertine as well as wooden floors throughout, Venetian Marmorino plaster walls, as well as state-of-the-art V-ZUG appliances in the sleek contemporary kitchens.
As well as designer apartments, Skye also has a host of in-house amenities such as a private roof terrace and a top-floor restaurant where residents can order food to be delivered directly to one of the many shacks by the pool along the infinity of 20 meters. Bowl. On the ground floor, there will be a gym, a subtropical garden and a separate café.
A limited pre-release of 24 apartments hit the market in August, with the remainder to be released over the coming year.
Number of units: 70
Price scale: From AU$2.55 million to AU$8 million
Developer/Architect: Pikos Property Group/Conrad Gargett Architects
Apartment sizes: Three and four bedroom apartments
Approvals: Skye will eventually house one of Brisbane’s most glamorous rooftops with a 1,000 square meter sky deck, infinity pool, cabanas and restaurant. There will also be a resident gym.