York is Graya’s third development in New Farm, closely following Chalk, which is under construction and the multi-award-winning project Maison. York is a collection of just 5 luxury, full-floor sky homes with direct lift access and house-like proportions. Located in the heart of Brisbane’s most desirable suburb, New Farm.A considered and exclusive collection of just 5 residences cultivated by Graya; Designed by Bureau^Proberts, York is an ode to Art Deco sophistication in an exclusive inner-city locale; A short stroll to Brisbane’s world-class selection of eateries, bars and boutiques – from buzzing James Street to Howard Smith Wharves; York’s resort-style rooftop amenity is the epitome of both relaxation and entertaining. Curated spaces include a striking pool, lavish day beds, ample seating and fully equipped dining areas; All residences enjoy direct and priority lift access, expansive open-plan spaces with abundant natural light, a palette of natural finishes and premium fixtures; Striking marble surfaces, combined with warm timbers and dark bronze accents as well as a selection of uniquely crafted bespoke features; Herringbone timber flooring flows through the apartments entry and main living areas with wool carpet throughout the bedrooms; Featuring a range of premium appliances, including an integrated microwave, 60cm pyrolytic oven, integrated fridge/freezer, integrated dishwashers and zoned, ducted air-conditioning; An elevated degree of home connectivity has been curated to prioritise efficiency, daily routines, enhance security and future adaptability; Early works have commenced, expected completion Q2 2025.

York is Graya’s third development in New Farm, closely following Chalk, which is under construction and the multi-award-winning project Maison. York is a collection of just 5 luxury, full-floor sky homes with direct lift access and house-like proportions. Located in the heart of Brisbane’s most desirable suburb, New Farm.A considered and exclusive collection of just 5 residences cultivated by Graya; Designed by Bureau^Proberts, York is an ode to Art Deco sophistication in an exclusive inner-city locale; A short stroll to Brisbane’s world-class selection of eateries, bars and boutiques – from buzzing James Street to Howard Smith Wharves; York’s resort-style rooftop amenity is the epitome of both relaxation and entertaining. Curated spaces include a striking pool, lavish day beds, ample seating and fully equipped dining areas; All residences enjoy direct and priority lift access, expansive open-plan spaces with abundant natural light, a palette of natural finishes and premium fixtures; Striking marble surfaces, combined with warm timbers and dark bronze accents as well as a selection of uniquely crafted bespoke features; Herringbone timber flooring flows through the apartments entry and main living areas with wool carpet throughout the bedrooms; Featuring a range of premium appliances, including an integrated microwave, 60cm pyrolytic oven, integrated fridge/freezer, integrated dishwashers and zoned, ducted air-conditioning; An elevated degree of home connectivity has been curated to prioritise efficiency, daily routines, enhance security and future adaptability; Early works have commenced, expected completion Q2 2025.

Discover York, a meticulously crafted collection of 5 luxury sky homes nestled in the heart of New Farm. Cultivated by Graya, these residences offer a considered and exclusive living experience.

Designed by Bureau^Proberts, York pays homage to Art Deco sophistication within an exclusive inner-city locale. Residents can enjoy a short stroll to Brisbane's world-class selection of eateries, bars, and boutiques, from the buzzing James Street to Howard Smith Wharves.

York's resort-style rooftop amenity sets the standard for relaxation and entertainment. Curated spaces include a striking pool, lavish day beds, ample seating, and fully equipped dining areas. All residences enjoy direct and priority lift access, expansive open-plan spaces with abundant natural light, and a palette of natural finishes and premium fixtures.

Striking marble surfaces, warm timbers, dark bronze accents, and uniquely crafted bespoke features enhance the luxurious ambiance. Herringbone timber flooring flows through the apartments' entry and main living areas, complemented by wool carpet in the bedrooms.

Featuring a range of premium appliances, including an integrated microwave, pyrolytic oven, fridge/freezer, and dishwashers, along with zoned, ducted air-conditioning, York prioritises efficiency and comfort.

An elevated degree of home connectivity has been curated to enhance daily routines, security, and future adaptability. Early works have commenced, with expected completion in Q2 2025. Experience the epitome of urban luxury at York.

York, New Farm - 299 Bowen Terrace, New Farm, QLD 4005

Chalk, the highly anticipated third multi-residential development by GRAYA in the vibrant riverside suburb of New Farm. This exclusive collection of 10 finely crafted 2 and 3 bedroom residences offers a masterful blend of design, open spaces, and premium amenities, meticulously curated for an exceptional lifestyle. Residents of Chalk will find themselves just a short stroll away from New Farm's renowned dining precincts, from the bustling James Street to the picturesque waterfront area. With an array of creative cafes, artisanal delis, intimate bars, and riverside restaurants at their doorstep, Chalk residents will immerse themselves in the ultimate foodie lifestyle. Balancing New Farm's cosmopolitan vibe are its tranquil parklands and recreational spots, inviting residents to enjoy leisurely picnics in New Farm Park, meander along leafy streets, or cycle along the River Walk into the heart of the CBD. For cultural pursuits, the nearby Brisbane Power House offers a diverse lineup of exhibitions, music events, and comedy shows. Designed to elevate living experiences, Chalk boasts an expansive rooftop terrace with panoramic views of the city skyline and surrounding environment. Residents can unwind in the luxurious pool or savour a sunset wine in the alfresco dining area, enveloped by lush landscaping that fosters a sense of tranquillity. These contemporary residences feature seamless indoor-outdoor flow, with large balcony spaces equipped with built-in BBQs, ideal for entertaining. The kitchens are centred around sculptural natural stone island benches, complemented by elegant travertine stone splashbacks. Throughout the main living areas, striking Engineered European Oak timber flooring adds a touch of sophistication, while wool carpeting ensures comfort in the bedrooms. Premium appliances, including integrated microwave, pyrolytic oven, fridge/freezer, and dishwasher, along with zoned, ducted air-conditioning, enhance the residences' convenience and comfort. Construction is currently underway, with completion expected in Q3 2024. Don't miss the opportunity to experience the elevated lifestyle offered by Chalk in New Farm. Register your interest today for updates on this exclusive development.

Chalk, the highly anticipated third multi-residential development by GRAYA in the vibrant riverside suburb of New Farm. This exclusive collection of 10 finely crafted 2 and 3 bedroom residences offers a masterful blend of design, open spaces, and premium amenities, meticulously curated for an exceptional lifestyle. Residents of Chalk will find themselves just a short stroll away from New Farm's renowned dining precincts, from the bustling James Street to the picturesque waterfront area. With an array of creative cafes, artisanal delis, intimate bars, and riverside restaurants at their doorstep, Chalk residents will immerse themselves in the ultimate foodie lifestyle. Balancing New Farm's cosmopolitan vibe are its tranquil parklands and recreational spots, inviting residents to enjoy leisurely picnics in New Farm Park, meander along leafy streets, or cycle along the River Walk into the heart of the CBD. For cultural pursuits, the nearby Brisbane Power House offers a diverse lineup of exhibitions, music events, and comedy shows. Designed to elevate living experiences, Chalk boasts an expansive rooftop terrace with panoramic views of the city skyline and surrounding environment. Residents can unwind in the luxurious pool or savour a sunset wine in the alfresco dining area, enveloped by lush landscaping that fosters a sense of tranquillity. These contemporary residences feature seamless indoor-outdoor flow, with large balcony spaces equipped with built-in BBQs, ideal for entertaining. The kitchens are centred around sculptural natural stone island benches, complemented by elegant travertine stone splashbacks. Throughout the main living areas, striking Engineered European Oak timber flooring adds a touch of sophistication, while wool carpeting ensures comfort in the bedrooms. Premium appliances, including integrated microwave, pyrolytic oven, fridge/freezer, and dishwasher, along with zoned, ducted air-conditioning, enhance the residences' convenience and comfort. Construction is currently underway, with completion expected in Q3 2024. Don't miss the opportunity to experience the elevated lifestyle offered by Chalk in New Farm. Register your interest today for updates on this exclusive development.

Chalk, GRAYA's third multi-residential development in New Farm, offers 10 finely crafted residences blending design, open spaces, and premium amenities.

Residents enjoy proximity to New Farm's dining precincts, parks, and cultural venues. The rooftop terrace offers city views, while interiors feature seamless indoor-outdoor flow and premium appliances.

Construction is underway, with completion expected in Q3 2024. Register now for updates on this exclusive development.

Chalk by Graya - 228-230 Moray Street, New Farm

Kloud Palm Beach - 154 Jefferson Lane, Palm Beach

Canvas Bulimba - 30 Love Street, Bulimba, QLD 4171 is the perfect place to call home. This new mid-rise apartment development in Bulimba, QLD offers a luxurious and modern living experience that you won't find anywhere else.

Located in the heart of one of Brisbane's most sought-after suburbs, Canvas Bulimba is designed by renowned architects Graya and bureau^proberts. With 21 apartments available, this building type is sure to impress even the most discerning buyer.

Here are just a few reasons why you should consider making Canvas Bulimba your next home:

<ul>
	<li>Location: Situated in the highly desirable suburb of Bulimba, this development puts you right in the heart of all the action. Enjoy easy access to some of Brisbane's best restaurants, cafes and shops.</li>
	<li>Design: The team at Graya and bureau^proberts have spared no expense when it comes to designing these apartments. Each unit features high-end finishes and top-of-the-line appliances.</li>
	<li>Amenities: Residents will enjoy access to a range of amenities including secure parking and storage facilities.</li>
	<li>Views: With its elevated position on Love Street, many units offer breathtaking views over Brisbane city skyline.</li>
</ul>

Canvas Bulimba - 30 Love Street, Bulimba, QLD 4171 is the perfect place to call home. This new mid-rise apartment development in Bulimba, QLD offers a luxurious and modern living experience that you won't find anywhere else.

Located in the heart of one of Brisbane's most sought-after suburbs, Canvas Bulimba is designed by renowned architects Graya and bureau^proberts. With 21 apartments available, this building type is sure to impress even the most discerning buyer.

Here are just a few reasons why you should consider making Canvas Bulimba your next home:

<ul><li>Location: Situated in the highly desirable suburb of Bulimba, this development puts you right in the heart of all the action. Enjoy easy access to some of Brisbane's best restaurants, cafes and shops.</li>
	<li>Design: The team at Graya and bureau^proberts have spared no expense when it comes to designing these apartments. Each unit features high-end finishes and top-of-the-line appliances.</li>
	<li>Amenities: Residents will enjoy access to a range of amenities including secure parking and storage facilities.</li>
	<li>Views: With its elevated position on Love Street, many units offer breathtaking views over Brisbane city skyline.</li>
</ul>

Canvas Bulimba - 30 Love Street, Bulimba, QLD 4171

Maison, New Farm - 60 Moray Street, New Farm

Ripple - 2 Palm Beach Avenue, Palm Beach

The rooftop is where the party is at in Brisbane's newest off the plan apartment developments.

No other capital, or city for that matter, in the country commits to putting as much residential facilities on the roof as much as Brisbane. When it's all about the subtropical climate, as much amenity needs to be outdoors.

The trend started small with swimming pools, but now it's full wellness retreats on rooftops, as well as yoga spaces, outdoor gyms, and hot and cold plunge pools. Some even have rooftop cinemas.

We've had a look at the top 10 apartment developments currently on the market with the best rooftop facilities in Brisbane.

&nbsp;

<h2>Project: Ruby Ruby</h2>

<h3>Location: 12 Crombie Street, Milton QLD 4064</h3>

<h3>Developer: Kokoda Property</h3>

Award-winning developer Kokoda Property has continued its pursuit of creating a wellness-led lifestyle at its <a href="https://www.urban.com.au/new-apartments/milton-qld">Milton</a> apartment development, Ruby Ruby.

<a href="https://www.urban.com.au/new-apartments/ruby-ruby-12-crombie-street-milton">Ruby Ruby</a>'s rooftop will feature a wet-edge swimming pool that spans the full width of the building, as well as several cabanas and day beds, while tropical palms will also be planted to create a holiday environment.&nbsp;

[smartcode_project:default project_id=139032 project_image_fid=231171]

There's also a firepit area, barbecues and alfresco spaces, and a private dining and bar area.

Completing the fitness component of the rooftop is a health and wellness space with a gym, infrared sauna, spa, plunge pool and yoga studio.&nbsp;

[smartcode_project:default project_id=139032 project_image_fid=232303]

Additionally, to cater to the trend of working from home, Kokoda provides several meeting rooms on the ground level, while the podium will home a private dining and lounge area, a cinema room, and a billiards room.&nbsp;

The Cottee Parker-designed Ruby Ruby will have 144 apartments ranging from 65 sqm to 155 sqm, including a spacious 164 sqm penthouse, and prices start at $654,000.

<h2>Project: Murcia Residences</h2>

<h3>Location: 9 Overend Street, East Brisbane QLD 4169</h3>

<h3>Developer: Sarazin</h3>

Sarazin's <a href="https://www.urban.com.au/new-apartments/murcia-residences-9-overend-street-east-brisbane">Murcia Residences</a>, positioned near the heart of the Olympics in Woolloongabba, &nbsp;will be topped with an expansive and landscaped amenity space, taking in sweeping panoramic views across the city skyline.&nbsp;

The rooftop's focal point will be the infinity swimming pool, complemented with shaded cabanas and sun lounges.

[smartcode_project:default project_id=135094 project_image_fid=214682]

Just steps away from the pool will lie the unique wellness centre, where residents can benefit from chilled and heated magnesium plunge pools, a steam room and a sauna.&nbsp;

&nbsp;

Residential amenities will also be featured across the ground level, with new cafes offering a convenient pit stop for residents.

[smartcode_project:default project_id=135094 project_image_fid=214685]

The second level of Murcia will feature a fully equipped gym, while there'll also be a dedicated bike repair workshop.

Murcia Residences, designed by <a href="https://www.urban.com.au/architects/hal-architects">HAL Architects</a>, spans 18 levels and offers one, two, three, and four-bedroom apartments. The design is inspired by the Spanish city of Murcia, blending Mediterranean style with Antipodean subtropical design and cascading landscape.

<h2>Project: The Allere Collection, West Village&nbsp;</h2>

<h3>Location: Mollison Street, West End QLD 4101</h3>

<h3>Developer: Sekisui House Australia</h3>

Sekisui House Australia's latest release, <a href="https://www.urban.com.au/new-apartments/the-allere-collection-west-village-mollison-street-west-end">The Allere Collection</a>, in their West Village master plan consists of two side-by-side towers named Uno and Duo designed by renowned architecture firm Rothelowman.&nbsp;

Residents within the Allere Collection will have the benefit of enjoying double the amenity, with shared access to both Uno and Duo rooftops.

[smartcode_project:default project_id=114215 project_image_fid=210749]

Uno Tower features a rooftop pool, enclosed dining space, seating areas, a vegetable garden, and a 'Paw Pavilion' for off-leash dog space. The Duo Tower boasts its rooftop delights, including a pool, heated spa, lounge room, dining area, and outdoor barbecue facilities.&nbsp;

Expansive green spaces and sustainability measures are also integrated throughout the community. The Walk Score of 99 out of 100 signifies the high level of walkability and accessibility of West Village.

The Allere Collection is due to be completed in late 2024.

<h2>Project: Jardinia</h2>

<h3>Location: 26-36 Shottery Street, Yeronga QLD 4104</h3>

<h3>Developer: Pradella</h3>

<a href="https://www.urban.com.au/developers/pradella">Pradella Property</a> raises the bar on health and well-being in their newest <a href="https://www.urban.com.au/new-apartments/yeronga-qld">Yeronga</a> apartment development, Jardinia, with a range of rooftop amenities—aiming to enhance residents' quality of life and foster a thriving community.

The rooftop terrace at <a href="https://www.urban.com.au/new-apartments/jardinia-yeronga-26-36-shottery-street-yeronga">Jardinia</a> draws inspiration from the riad gardens of palaces in distant lands, featuring lush greenery, a resort-style pool, sunbeds, a multi-purpose media room, and a well-equipped gym.

[smartcode_project:default project_id=137221 project_image_fid=249209]

Jardinia also takes pride in incorporating EnviroDevelopment elements, achieving a 5-leaf certification from the UDIA EnvironDevelopment.

The development comprises 87 residences with one, two, three, and four bedrooms spread across five levels. The design by <a href="https://www.urban.com.au/architects/wiltshire-stevens-architecture">Wiltshire Stevens</a> emphasises a living green façade that connects with the surrounding environment.

<h2>Project: The Lanes, West End</h2>

<h3>Location: 41 Tondara Lane, West End QLD 4101</h3>

<h3>Developer: Pradella</h3>

Pradella has responded to buyer requirements for their Riverside <a href="https://www.urban.com.au/new-apartments/west-end-qld">West End</a> master planned precinct, <a href="https://www.urban.com.au/new-apartments/the-lanes-west-end-41-tondara-lane-west-end">The Lanes</a>, by incorporating resort-style amenities, including almost 4,500 sqm of facilities, a community park, and a private dog park.

The Lanes will comprise three towers, with the current releases, <a href="https://www.urban.com.au/new-apartments/wave-residences-the-lanes-montague-road-west-end-qld-4101">Wave Residences</a> and Cascade Residences, featuring a rooftop retreat across the two residential towers offering 2,000 sqm of 5-star resort-style facilities with sweeping views of Brisbane's skyline.

[smartcode_project:default project_id=112433 project_image_fid=206890]

The rooftop retreat will include a 200 sqm infinity-edge Palm Lagoon Pool, a Sky Deck private dining pavilion, a wellness retreat, a mineral plunge pool, and a steam room.

Located in West End's Riverside peninsula, residents at The Lanes will have convenient access to Montague Markets, parklands, riverfront boardwalks, and Brisbane's cultural precinct at their doorstep.

The Lanes is set to take shape in the coming months, with the completion of Stage One, Wave Residences, expected in late 2024.

<h2>Project: Skye Residences</h2>

<h3>Location: 8 River Terrace, Kangaroo Point QLD 4169</h3>

<h3>Developer: Pikos Group</h3>

Residents at <a href="https://www.urban.com.au/developments/brisbane-qld">Brisbane</a>-based developer Pikos Group's luxury apartment development Skye Residences in <a href="https://www.urban.com.au/developments/kangaroo-point-qld">Kangaroo Point</a> will get exclusive access to the 1,000 sqm sky deck overlooking uninterrupted views of the Brisbane City skyline, South Bank, the Botanic Gardens and the Brisbane River.

The sky deck will be home to an infinity pool, a rooftop bar and a restaurant.

[smartcode_project:default project_id=90059 project_image_fid=218024]

“The Sky Lounge is the jewel in the crown of this design that will set this development apart for residents and as a Brisbane destination in its own right," Pedro Pikos said.

The three-building Conrad Gargett-designed development comprises 69 apartments with just two units per floor.

<a href="https://www.urban.com.au/new-apartments/skye-residences-kangaroo-point-8-river-terrace-kangaroo-point">Skye Residences</a> is under construction by <a href="https://www.urban.com.au/builders/tomkins-construction">Tomkins Commercial</a>, with completion slated for mid-2025.

<h2>Project: Monarch Residences</h2>

<h3>Location: 600 Coronation Drive, Toowong QLD 4066</h3>

<h3>Developer: Consolidated Properties</h3>

Leading Brisbane developer <a href="https://www.urban.com.au/developers/consolidated-properties">Consolidated Properties</a>' <a href="https://www.urban.com.au/new-apartments/monarch-residences-toowong-600-coronation-drive-toowong">Monarch Residences</a> is a unique address combining owner-occupier focussed homes, prime riverfrontage, and world-class rooftop amenities above Brisbane.

Crowning the towers will be an unparalleled rooftop amenity. The space features a heated infinity pool surrounded by day beds, a lounge that can double as a work-from-home space, a sauna, a 'Winter Den,' and several private barbecue seating areas.&nbsp;

[smartcode_project:default project_id=113455 project_image_fid=211496]

Residents can also entertain in the private dining rooms which come with a commercial kitchen.

Monarch offers a range of one, two, three and four-bedroom apartments and penthouses across two 15-storey towers.

Construction on the project is slated for late 2026.&nbsp;

<h2>Project: Chalk by Graya</h2>

<h3>Location: 228-230 Moray Street, New Farm QLD 4005</h3>

<h3>Developer: Graya</h3>

Luxury home builder and apartment developer <a href="https://www.urban.com.au/developers/graya">GRAYA</a>'s second multi-residential development in <a href="https://www.urban.com.au/developments/new-farm-qld">New Farm</a>, Chalk, offers just 10 boutique apartments complemented by a range of premium amenities.

Amenities at <a href="https://www.urban.com.au/new-apartments/chalk-by-graya-228-230-moray-street-new-farm">Chalk</a> are located on the expansive rooftop terrace where there's a designer pool, sun lounges, and a sunken fire pit.&nbsp;

An outdoor kitchen with BBQs and dining amenities makes alfresco dining a delight. The rooftop has extensive views of the city skyline and the leafy surrounds of New Farm.

[smartcode_project:default project_id=134197 project_image_fid=217328]

Chalk caters to downsizers, right-sizers, and professionals seeking proximity to Brisbane's riverfront amenities.

The development provides easy access to New Farm's dining strips, including James Street and the tranquil waterfront precinct.

With construction well underway, Chalk is on track for completion in Q3 2024.

<h2>Project: York by GRAYA&nbsp;</h2>

<h3>Location: 299 Bowen Terrace, New Farm QLD 4005</h3>

<h3>Developer: Graya</h3>

Graya has continued its rooftop amenity focus at&nbsp;<a href="https://www.urban.com.au/new-apartments/york-new-farm-299-bowen-terrace-new-farm-qld-4005">YORK</a>, their other New Farm development.

Crowning the five-level Bowen Terrace building is a resort-style rooftop terrace, where again there's a wet edge pool, day beds and a sunken firepit.

[smartcode_project:default project_id=110325 project_image_fid=217355]

The terrace also features a lounge area, fully equipped dining spaces and a bar.

YORK comprises just five luxury single-level sky homes, following Graya's successful developments in New Farm.

Early works on YORK have already commenced, with completion expected in Q2 2025.

Urban Editorial

The top 10 best apartment rooftops in Brisbane

The <a href="https://www.urban.com.au/developments/gold-coast-qld">Gold Coast unit market</a> continued to outperform the majority of capital city unit markets in July, CoreLogic's monthly Hedonic Home Value Index found.

There were further one per cent gains in the <a href="https://www.urban.com.au/developments/gold-coast-qld">Gold Coast unit market</a> across July, following 1.5 per cent gains over both May and June.

Only Brisbane (+1.7 per cent) and Perth (+1.1 per cent) performed better in the unit market over July than the Gold Coast.

The Gold Coast median unit value is now $686,000, the second highest median value in the whole of South East Queensland behind the Sunshine Coast's Maroochydore.

It was the fifth consecutive month&nbsp;CoreLogic’s national Home Value Index rose, but the 0.7 per cent rise was softer than previous months.

Since finding a floor in February, the national HVI is up 4.1 per cent, following a -9.1 per cent decline from record highs in April 2022.

Nationally, home values remain -5.3 per cent below the April 2022 peak.

<h2>What's happening in the Gold Coast off the plan apartment market?</h2>

Anecdotal feedback from agents and developers is that it's business as usual on the Gold Coast.&nbsp;

They've shrugged off the idea that market demand would deteriorate following the COVID-19 pandemic, and while they're not seeing an exorbitant amount of enquiry from those looking to move to the Gold Coast like there was 18 months ago, there's still more than enough demand to outstrip supply in the majority of suburbs.

<a data-entity-type="file" data-entity-uuid="9dd89ddb-40e3-477f-81f3-6529d25310ae" href="https://www.urban.com.au/developments/gold-coast-qld"><img alt="Gold Coast" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Location%20CTA%20template%20.jpg?VersionId=iJpme1Q2AQx4Fz1f0c0qXaOmkTEmQJI9" /></a>

Siera Property Group Founder and Managing Director, Brent Thompson, says despite some moving parts nationally, the Gold Coast market is more than holding up.

"Given the brisk winter months, broader economic conditions and interest rate environment, things on the ground on the Gold Coast are faring better than most outsiders would anticipate," Thompson says.

Siera Property Group's early enquiry on <a href="https://www.urban.com.au/new-apartments/pipis-303-golden-four-drive-bilinga">Pipis</a>, their new <a href="https://www.urban.com.au/developments/bilinga-qld">luxury Bilinga development</a>, has come from owner-occupiers looking to relocate to the southern beaches on the Gold Coast, as well as Brisbane families who are in the market for a weekender/holiday home.

[smartcode_project:default project_id=138311 project_image_fid=216175]

"Our research has shown these are the region's strongest performing markets and we anticipate continued robust interest from our southern interstate neighbours as most projects on the Southern Gold Coast have reached or are fast approaching the sold-out stage," Thompson says.

"In such a tight market with limited new supply, prices continue to strengthen particularly for properties of a bespoke, one-of-a-kind nature like <a href="https://www.urban.com.au/new-apartments/pipis-303-golden-four-drive-bilinga">Pipis</a>."

Siera Property Group has is entering the construction phase of their debut <a href="https://www.urban.com.au/developments/gold-coast-qld">Gold Coast apartment development</a>, <a href="https://www.urban.com.au/new-apartments/tapestry-chevron-island-39-darrambal-street-surfers-paradise">Tapestry on Chevron Island</a>.

[smartcode_project:default project_id=108641 project_image_fid=192961]

Thompson says the research phase of the project, some 18 months spent on&nbsp;completing pre-acquisition work on the residential market on the <a href="https://www.urban.com.au/developments/gold-coast-qld">Gold Coast</a>, saw them conceptualised and designed <a href="https://www.urban.com.au/new-apartments/tapestry-chevron-island-39-darrambal-street-surfers-paradise">Tapestry</a> for local owner-occupiers looking to downsize.

"To date, we can confidently confirm that this target demographic has encompassed the majority of our lead enquiries from the day of launch right through till now and is expected to continue to lead interest right through to project completion.&nbsp;

"This portion of the market, while often price-conscious spenders, is predominantly debt free and their purchasing decisions are directly correlated to their confidence in the delivery of the project. Due to this, we anticipate our sales to further strengthen as the market starts to see more activity onsite every day.&nbsp;"

[smartcode_project:default project_id=108641 project_image_fid=216184]

Graya are seeing new precedents being set when it comes to pricing, due to a substantial shift in what buyers are willing to pay because of limited supply in the luxury apartment market.

"Demand is not slowing for quality two and three bedroom product on the Southern end of the Gold Coast with limited new product set for delivery," Graya Associate Director Shaun Mets says.

Their <a href="https://www.urban.com.au/developments/gold-coast-qld">Gold Coast projects</a>, Kloud and Ripple, both in <a href="https://www.urban.com.au/developments/palm-beach-qld">Palm Beach</a>, have seen strong demand from the affluent downsizer and empty nester.

"This audience segment understands that buildings are incredibly difficult to replicate due to the industry wide construction crisis and land prices making projects not commercially viable.," Mets says.&nbsp;

"Our downsizer market, who are not necessarily highly leveraged with debt and taking advantage of the current cash rate, are not afraid to overcapitalise for the right property.&nbsp;"

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/city-beat-july-2023-gold-coast-unit-market-the-strongest-in-the-country">City Beat July 2023: Gold Coast unit market the strongest in the country</a>

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/city-beat-june-2023-gold-coast-apartments-defy-downturn-rebound-sharply">City Beat June 2023: Gold Coast apartments defy downturn, rebound sharply</a>

Only Brisbane (+1.7 per cent) and Perth (+1.1 per cent) performed better in the unit market over July than the Gold Coast

Joel Robinson

City Beat August 2023: Gold Coast unit growth continues over winter

There's no signs of a slowdown in the <a href="https://www.urban.com.au/developments/brisbane-qld">Brisbane property market</a>.

While CoreLogic's monthly Hedonic Home Value Index showed a softening in growth across most capital city property markets, <a href="https://www.urban.com.au/developments/brisbane-qld">Brisbane</a> continued to surge.

Brisbane unit values rose 1.7 per cent over July, the largest increase across both house and unit markets in any capital city. It's the best performing unit market over the quarter, with 3.8 per cent gains well ahead of Perth's 3.3 per cent gains and Sydney's three per cent growth.

Houses in <a href="https://www.urban.com.au/developments/brisbane-qld">Brisbane</a> also jumped 1.4 per cent in July, the joint-best performing housing market along with Adelaide.

The <a href="https://www.urban.com.au/developments/brisbane-qld">Brisbane</a> unit median is now $520,000, having been $489,000 at the start of 2023.

<h2>What's happening in the Brisbane off the plan apartment market?</h2>

There are very few new projects in market in <a href="https://www.urban.com.au/developments/brisbane-qld">Brisbane</a> still, which is seeing sales continue across pretty much every project.

While listings of house and units in the established space have been rising, they're still trending well below where they were last year and the previous five-year average.

Lloyd Dunn, project director at&nbsp;<a href="https://www.urban.com.au/new-apartments/the-allere-collection-west-village-mollison-street-west-end">Sekisui House Australia's West Village</a>, says there are a number of reasons why Brisbane's upswing will continue.

"As developers, we anticipate sustained price growth in the medium to long term due to increasing demand from local purchasers and migrating purchasers, further construction price increase and limited supply of off the plan apartments," Dunn says.

"Long term, we feel that creating a thriving community at the heart of a development will always be essential to selling off the plan apartments. If there is no sense of place or neighbourhood, it can be a harder sell."

Sales have been moving at a fast pace at their<a href="https://www.urban.com.au/new-apartments/the-allere-collection-west-village-mollison-street-west-end"> West End development</a> for some time. They've transacted $186 million in the last year, with their latest release, <a href="https://www.urban.com.au/new-apartments/the-allere-collection-west-village-mollison-street-west-end">The Allere Collection</a>, now 85 per cent sold.

[smartcode_project:default project_id=114215 project_image_fid=207148]

Dunn says they see a continued shift toward larger apartments, incorporating more flexible spaces to accomodate remote work and changing lifestyle needs.

Purchasers are currently seeking out more environmentally friendly developments that provide plenty of green space, sustainability initiatives, and connections to nature that create a biophilic response. Sekisui House Australia integrates the Japanese philosophy of ‘Satoyama’ into their developments and offers spaces to connect people with ‘ribbons of green’.

[smartcode_project:default project_id=114215 project_image_fid=204874]

On the RBA rate hikes impacting buyer sentiment and lending capacity, Dunn says that whilst&nbsp;not all buyers are directly impacted by rate rises, the fact that they need to sell to people who are impacted impacts the value of their original asset.

Luxury home builder turned apartment developer Graya has seen the short supply of luxury apartments help drive sales at their <a href="https://www.urban.com.au/developments/brisbane-qld">inner-ring Brisbane projects</a>.

Associate Director Shaun Mets says there's been a substantial&nbsp;shift in what buyers are willing to pay, and new precedents are being set.

"Demand is not slowing for quality product in blue chip locations with limited new product set for delivery," Mets says.

[smartcode_project:default project_id=112020 project_image_fid=198800]

Graya has seen strong demand from the affluent downsizer and empty nester market.

"Our downsizer market, who are not necessarily highly leveraged with debt and taking advantage of the current cash rate, are not afraid to overcapitalise for the right property," Mets says.

"This audience segment understands that buildings like our most recent multi-residential projects, Canvas, Chalk and York are incredibly difficult to replicate due to the industry wide construction crisis and land prices making projects not commercially viable.

[smartcode_project:default project_id=112020 project_image_fid=198799]

"Our buyers want certainty around construction timeframes and an opportunity to make customisations to their residence through the sales process."

Mets says the absolute necessities for buyers are privacy, adequate security, an absolute minimum of 150 sqm internally, progressive technology features, and secure car accommodation.

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/city-beat-july-2023-brisbane-has-come-of-age-as-apartment-demand-booms">City Beat July 2023: Brisbane "has come of age" as apartment demand booms</a>

Read more:&nbsp;<a href="https://www.urban.com.au/news/nsw/city-beat-june-2023-sydney-secures-off-the-plan-sales-success-at-affordable-and-luxury-ends-of-the-market">City Beat June 2023: Brisbane's tight supply drives off the plan apartment sales</a>

The Brisbane unit median is now $520,000, having been $489,000 at the start of 2023

City Beat August 2023: Brisbane units the best performing market in the country

Luxury apartment developer GRAYA has hit another major milestone on-site at Canvas Bulimba.

A key feature of the project, the curved pre-cast concrete formwork, has been craned into place.

The curved forms give Canvas its very unique aesthetic, Graya says, softening the building's profile against the streetscape and adding some architectural flare to the suburb.

[smartcode_project:default project_id=112020 project_image_fid=198799]

Graya are forecasting completion for the end of 2023, with buyers moving in shortly after.

The development, designed by bureau^proberts, will set a new benchmark for luxury living in Brisbane's affluent river-side suburb Bulimba, which has never before seen a development with this level of architecture.

Canvas feature just 21 two, three and four-bedroom apartments, of which all but one are sold.

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In March, Graya set a new record for the highest price paid for a non-riverfront apartment in Bulimba.

The 185 sqm penthouse, which includes a rooftop terrace, sold for $3.5 million through project marketing agency MOTIV. It is one of three penthouses in the Love Street development and was acquired by a relative of a current Love Street resident as a secondary home in Brisbane.

Following this success, Graya released the final penthouse, which is expected to come close to topping the previous record.

[smartcode_project:default project_id=112020 project_image_fid=198801]

Carly Cottam, Founder and Chief Executive of MOTV Group, noted the strong demand from high-net-worth buyers in Brisbane's affluent inner suburbs.

"The lack of luxury properties available in the city has driven the interest."

"Graya's reputation for offering location, lifestyle, craftsmanship, and low-maintenance solutions has resonated with buyers."

The allure of Canvas extends beyond the elegant apartments themselves. Residents will have the pleasure of indulging in a range of luxurious amenities, further enhancing their living experience, including an expansive rooftop entertainment area which offers views of Newstead and the City.

The space will also include a designer pool, a heated spa, and a sauna, along with sunken lounges, barbecues, and dining areas.

Graya was founded by brothers Rob and Andrew Gray over a decade ago, who have in the last few years broadened their horizons from creating some of Brisbane's most expensive homes, and started developing boutique, multi-residential apartment projects.

[smartcode_project_cta:default project_id=112020]

A key feature of the project, the curved pre-cast concrete formwork, has been craned into place

alisonwarters@gmail.com

GRAYA reach milestone at Canvas Bulimba, construction to complete end of 2023

Luxury home builder turned apartment developer Graya has set a new apartment record in the affluent Brisbane riverfront suburb of Bulimba.

They've secured the highest price paid for a non-riverfront apartment at their Canvas Bulimba project. The 185 sqm space, which features its own rooftop terrace, sold for $3.5 million through project marketing agency MOTIV.

The four-bedroom apartment which has city views from the terrace which features its own pool and entertaining area, is&nbsp;one of three penthouses within the luxury low-rise development under construction on Love Street.

The penthouse was acquired by a relative of a current Love Street resident to utilise as a secondary home when visiting Brisbane.

[smartcode_project:default project_id=112020 project_image_fid=198798]

Graya co-founder and Managing Director, Rob Gray, says that while Bulimba is one of Brisbane's best suburbs, it's the architecture and lifestyle offering that makes Canvas so exceptional.

“Its design has been curated by bureau^proberts and blends elements of Singaporean, subtropical architecture with fluted concrete, converging curves and dense greenery," Gray says.

“This has resonated strongly with the market, delivering exceptional architecture and the same level of space as a large family home alongside low maintenance, luxury lifestyle amenities.

[smartcode_project:default project_id=112020 project_image_fid=198800]

”Local rightsizers and downsizers already account for more than 70 per cent of purchasers at Canvas, with only two developer-held apartments remaining for release.”

Graya was established in Brisbane in 2010 as a luxury home builder by brothers Rob and Andrew Gray. Three years ago, the company broadened its focus from high-end homes to high-end apartments, delivering the award-winning Maison in New Farm with Frank Developments in 2022.

Today, the company is a full-service design, development and construction business with more than 35 employees across its Brisbane and Gold Coast projects.

[smartcode_project:default project_id=112020 project_image_fid=198801]

“Being the developer and the builder is a definite advantage in this market,” Gray added.

“We’ve been able to navigate the market challenges as a team, carefully manage costs, and instil confidence in our buyers that we have the capacity to deliver the project to the highest standard.

“Construction of Canvas is now well advanced, with completion scheduled in Q4 2023.”

The final penthouse within Canvas will be launched to the market in the coming weeks by MOTIV Group.

Founder and Chief Executive of MOTV Group, Carly Cottam, said the appetite of high-net worth buyers in Brisbane’s affluent inner-suburbs has showed no signs of slowing in 2023.

[smartcode_project:default project_id=112020 project_image_fid=198802]

“There’s simply not enough luxury property in Brisbane to meet demand,” Cottam said.

“High-net worth individuals are seeking location, lifestyle, craftsmanship and a low-maintenance, lock up and leave solution – a combination Graya has mastered.

“This is best evidenced by the recent $4.85 million resale of an apartment at their Maison project in New Farm, representing an uplift in price of $1.25 million.

“Like Maison, Canvas will deliver enduring value through its location, architecture and build quality.

“Nothing of this standard exists in Bulimba. Until now.”

[smartcode_project_cta:default project_id=112020]

The penthouse was acquired by a relative of a current Love Street resident to utilise as a secondary home when visiting Brisbane

Exclusive: Graya set apartment record with Canvas Bulimba penthouse sale

Apartment supply in Palm Beach, one of the Gold Coast's most in demand areas during the COVID-19 pandemic, is starting to look a little healthier, in the wake of a number of project launches and development approvals.

The latest to be approved is Ripple Palm Beach, the boutique 19-apartment development by luxury home builder turned multi-res developer GRAYA.

Plus Architecture designed the nine level building, noting in their design statement that they took&nbsp;inspiration from the&nbsp;rhythmic dance of the ocean below, with the facade set to emulate the flow and curves of waves.&nbsp;

A mix of two, three and four-bedroom apartments will be on offer, with each to benefit from their north-easterly orientation, taking advantage of views across the coastline.&nbsp;

Ripple will be crowned by two two-level penthouses, both with a rooftop terrace featuring a spa, fire pit, outdoor kitchen and dining area.&nbsp;

A suite of residential amenity will also be on offer across the ground floor, with a sauna, barbecue area and resort-style pool penned for the area.&nbsp;

They will first be launching Kloud to the market, their 20-apartment project on the dress circle Jefferson Lane. That will have a mix of two, three and four-bedroom apartments across 10 levels.

<img alt="Kloud Palm Beach" data-entity-type="file" data-entity-uuid="30c7eead-c734-4639-81ff-9da71e1d6dea" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-17%20at%202.22.08%20pm.png?VersionId=NnaImjiSRWL.7NDcmYgVH_.0ypGaY4G2" /> 
A render of Kloud. Image supplied

They're just waiting for development approval for Kloud before launching later this year.

There's already been significant interest in the two projects before they've launched, the majority from Brisbane and locals. There's been a number of buyers enquire who have purchased in some of Graya's previous projects in Brisbane.

Kloud and Ripple are set to join the luxury ranks alongside STEER's Cote Palm Beach project, which will have 17 half-floor apartments, each with three-bedrooms, three-bathrooms, and two parking spaces.

[smartcode_project:default project_id=112548 project_image_fid=205283]

DKO studio director Kai Chua says the design of each apartment, balances the need for shelter and privacy whilst opening to the ocean and magnificent views. It offers all the wonders of modern coastal living with the warm, intimate embrace of home.

Demolition is currently underway on the Thirteenth Avenue project, with construction expected to start in the coming months.

Palm Beach was starved of stock when COVID-19 first hit, with Cabana Palm Beach, The Tally, The Monroe, and Hemingway, among a number to sell out in double-quick time.

There's been a large need for more affordable stock, given the forecasted population growth in Palm Beach is expected to boom over the next decade.

The most recent project launch in Palm Beach is Elevaire, which has prices starting from $715,000. Enquiry has been prominent from both Brisbane and Victoria.

[smartcode_project:default project_id=112941 project_image_fid=210515]

The approved nine-level tower by local developer Paul Spina has 40 apartments across nine-level, designed by Cottee Parker.There will be a ground floor, wellness-centred recreational space, with hot and cold magnesium pools, an open beach shower, sauna and day beds.There was a swell of owner-occupiers descend on Seaclusion on Twenty First Avenue when that was launched toward the end of 2022, one of the first price-pointed developments to hit the market in around two years.

All the $695,000 one-bed apartments have been taken. The two-bedroom apartments start from $950,000, and three-bedrooms from $1.495 million.

[smartcode_project:default project_id=107136 project_image_fid=202031]

Seaclusion has been optimised for the coastal lifestyle by BDA, with a range of exclusive residents-only amenities including beach showers and sand washdown areas on the ground floor and a rooftop recreation space complete with a pool, day beds and barbecue area offering panoramic oceanfront views. 
&nbsp;

Palm Beach was starved of stock when COVID-19 first hit, with Cabana Palm Beach, The Tally, The Monroe, and Hemingway, among a number to sell out in double-quick time.

Apartments supply improves in Palm Beach as Graya secure approval for Ripple

Leading South East Queensland builder turned developer Graya is continuing to bolster it's Palm Beach, Gold Coast apartment development pipeline.

Having filed <a href="https://www.urban.com.au/news/qld/exclusive-first-look-graya-set-for-ripple-palm-beach-apartments">plans for Ripple Palm Beach in August</a>,&nbsp;Graya, led by brothers Rob and Andrew Gray, have lodged plans for Kloud Palm Beach, a collection of just 20 apartments on the sought-after Jefferson Lane dress circle.

The 824 sqm site at 154 Jefferson Lane was put together and sold by local development site amalgamation specialists GV Property Group.

Kloud will rise 10 levels and have a mix of two, three and four-bedroom apartments.

Graya now has four projects planned across Mermaid Beach, Burleigh Heads and Palm Beach. Their other Palm Beach project Ripple is just up the road on the beachfront.

<img alt="d" data-entity-type="file" data-entity-uuid="a8190c8d-08fe-4409-9959-4926ae5c0689" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-19%20at%209.16.33%20am.png?VersionId=Qz3A5uS7xND4SLPO6CHZrseHtw.Gazbx" />

Graya Managing Director Rob Gray says Palm Beach ticks all the boxes for what the team were looking for.

"When selecting a site, we look closely at all of the fundamentals - demand, future infrastructure investment, and lifestyle," Gray says.

"After carefully assessing these criteria, it was a no-brainer when selecting Palm Beach as the ideal location for our next multi-residential development.

"Palm Beach has evolved to be the lifestyle capital of the Gold Coast, with some of the coasts best cafes, bars and restaurants in the precinct, and of course, easy access to one of Queensland's best beaches."

<img alt="d" data-entity-type="file" data-entity-uuid="30fdb7ce-d97d-4757-b079-dc14bf6e6069" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-19%20at%208.13.34%20am.png?VersionId=sN1Gng1i4ux20ZVep0gQIfdp4NH_AkJz" />

In the design submission lodged with the Gold Coast City Council, Graya's inhouse design team said&nbsp;Kloud is a concept that formed from exploration of the coastal lifestyle and its daily patterns and routines.

"Waking with the sunrise, an early morning surf and grabbing a coffee from the local. These patterns are fluid but define a strong rhythm unique to coastal living.&nbsp;

The apartments are primarily oriented towards the coastline, offering sweeping views and visually extending the outdoor spaces.

A communal swimming pool is located on the ground level.

&nbsp;<img alt="f" data-entity-type="file" data-entity-uuid="1a9ca3dc-53eb-4d91-a7ff-8055c9fd2202" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-19%20at%209.16.47%20am.png?VersionId=7NP1IiOboxl1Z_vRwa.6ALLnhOFTrkvc" />

Andrew Gray, Graya's Co-Managing Director, says the&nbsp;Gold Coast is synonymous with beaches, great weather, and a strong sense of community.

"We're looking forward to showcasing our first Gold Coast multi-residential development, Kloud, and everything it offers.

"This luxury development will be designed and built by Graya. We opted for the name Kloud as it reflects our vision to bring sky homes that float above the horizon, with long views along the beach to Burleigh Headland in the North and Currumbin Headland to the South."

&nbsp;

Graya now has four projects planned across Mermaid Beach, Burleigh Heads and Palm Beach.

GRAYA unveil second Gold Coast apartment project

The luxury home builder turned residential apartment developer GRAYA have&nbsp;lodged plans for their first Gold Coast apartment project.

GRAYA, led by brothers Rob and Andrew Gray, are set for a boutique nine-level project of just 19 apartments dubbed Ripple, on a prime site at 2 Palm Beach Avenue.

Rob Gray said the site is one of the best sites in Palm Beach, if not on the Gold Coast.

In their design statement submitted to the local council, Plus said they have taken inspiration from the&nbsp;rhythmic dance of the ocean below

&quot;The architecture mimics the flow and curves of the waves,&quot; Plus, led locally by Danny Juric, noted.

<a href="https://www.urban.com.au/new-apartments/ripple-2-palm-beach-avenue-palm-beach"><img alt="" height="732" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-08-02_at_6.55.17_am.png" width="1218" /></a>

&quot;As sea spray splashes and is thrust upwards into the sky so too does the crafted and delicate forms of Ripple.

&quot;This piece of architecture offers a highly articulated form with curated recesses, defined apertures and a sculptural finesse.

&quot;All of these elements work in harmony to provide a sensitive built form respectful of its location and respectful of its neighbours.

All residences are north-east facing, taking advantage of the views across the coastline. The building has a mix of two, three and four-bedroom apartments.

It is crowned by two two-level penthouses, each with a rooftop terrace with a spa, firepit, and outdoor kitchen and dining area.

<a href="https://www.urban.com.au/new-apartments/ripple-2-palm-beach-avenue-palm-beach"><img alt="" height="792" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-08-02_at_10.31.04_am.png" width="1476" /></a>

There will be resident amenity on the ground level, which will feature a&nbsp;sauna, barbecue area, and a resort style pool.

Plus said the amenity creates &quot;an undefined connection with the sand&quot;.

GRAYA recently launched Canvas, their luxury Bulimba project, which has rocketed to 90 per cent sold. They&#39;re soon to be working on a luxury home build in Burleigh Heads, their first residential project on the Gold Coast.

<a href="https://www.urban.com.au/new-apartments/ripple-2-palm-beach-avenue-palm-beach"><img alt="" height="670" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-08-02_at_6.55.54_am.png" width="1218" /></a>

Palm Beach has been starved of high end stock since the early stages of the pandemic when luxury apartments were being snapped up.&nbsp;

Soon to hit the market is Rob Steer&#39;s COTE Palm Beach, which CBRE will be marketing with prices starting from around $2.3 million.

Recently hitting the market at a more affordable price point is Seaclusion, by the local Dorr family.

Rob Gray said the site is one of the best sites in Palm Beach, if not on the Gold Coast

Exclusive first look: GRAYA set for Ripple, Palm Beach apartments

The luxury home builder and now residential apartment developer, Graya, has been given the green light to push on with its second high-end residential project in Brisbane&#39;s inner-ring.

They&#39;ll soon be launching Canvas, a collection of just 21 two, three and four-bedroom apartments in the sought-after riverfront suburb of Bulimba.

Speaking recently to Urban, Rob Gray, who with brother Andrew founded Graya in 2013, said they were attracted to the&nbsp;Love Street site given its proximity to the Oxford Street lifestyle precinct.

[smartcode_project:default project_id=112020 project_image_fid=198790]

Gray said the three-level zoning allowed them to create something&nbsp;more affordable than what they usually create in the trophy home space.

&quot;We saw value in being able to bring something to what is one of Brisbane&#39;s top suburbs without pricing out the majority of the market as we do in the single home space,&quot; Gray said.

&quot;Most GRAYA supporters now have a change to own one for themselves.&quot;

Canvas will home a rooftop amenity level with the standout feature the infinity pool and spa. The rooftop offers&nbsp;views back to the Brisbane CBD.

[smartcode_project:default project_id=112020 project_image_fid=198792]

Graya has a long-line of prestige home builds to their name, setting a number of street and suburb records in the last few years.

But the move to multi-res was on the cards from day one.

&quot;We always wanted to go into multi-res, it was just a case of timing,&quot; Gray said. The team have been building around 12 luxury houses a year in some of Brisbane&#39;s best suburbs.

Their first multi-res project, Maison in New Farm, was just five luxury full-floor apartments that all sold off th​e plan with an average price of $3.2 million, with sales ranging between $2.8 million and $4.3 million.

Gray says&nbsp;buyers at Canvas should have confidence in the resale value of the Graya product.&nbsp;A Maison apartment that sold off th​e plan for $2.9 million in 2020 resold earlier this year for $5 million.

[smartcode_project:default project_id=112020 project_image_fid=198793]

Gray&nbsp;adds that, in the current uncertain times regarding&nbsp;the problematic construction industry, those developers who also build their project, are ultimately going to deliver.

&quot;There will be a real shortage of supply in the coming years, with developers who also build not facing the same types of challenges of those having to hire an external company to construct the project,&quot; Gray suggested.

&quot;There&#39;s also the fact that as a developer and builder, it&#39;s our job to think about every facet of the development. Sometimes when the developer isn&#39;t the builder, details can be missed.&quot;

They had bureau^proberts design&nbsp;Canvas, with the&nbsp;brief to create Graya homes in the sky and&nbsp;create the best unit block in the suburb..

&quot;Bureau^proberts stood out for us having nailed the luxury owner-occupier stock,&quot; Gray said, adding that their last 10 designs, which included Glasshouse, Thornton Residences, Cala Dei and Natura, have been very successful.

[smartcode_project:default project_id=112020 project_image_fid=198804]

Graya&#39;s longstanding reputation has seen them field a number of enquiries from either past clients, or friends of past clients, who know the Graya brand and have seen first hand what they&#39;ve produced over the years.

The name Canvas derives from the art world.

&quot;We try to make every project like a work of art,&quot; Gray said, adding that the facade of Canvas was so unique, and some of the intricate details they have brought into the rest of the building, that the&nbsp;word Canvas was an apt name for the project.

Motiv&#39;s Carly Cottam will be handling the sales of Canvas, with launch expected in late June.

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Speaking recently to Urban, Rob Gray, who with brother Andrew founded Graya in 2013, said they were attracted to the Love Street site given its proximity to the Oxford Street lifestyle precinct

Exclusive: GRAYA get green light for Canvas, luxury Bulimba apartments

When leading Brisbane-based residential developers, Rob and Andrew Gray of Graya, first laid their eyes on the potential New Farm site of their first multi-residential development, they knew they were onto something special.

Securing the perfect multi-residential site in New Farm, arguably Brisbane&rsquo;s best lifestyle suburb, proved to be challenging from the outset, with Graya taking more than two years to select the site after considering a number of other options.

&ldquo;We knew finding a site that fit the criteria we needed wasn&rsquo;t going to be easy, but given our buyer demographic, we had a fairly tight brief on what we needed from it&ndash;with river and city views being at the top of our list&rdquo; Andrew said .

&quot;With its proximity to Brisbane city, and major lifestyle precincts including James Street, Teneriffe, and Howard Smith Wharves, property and real estate in the area is hard to come by and tightly held&rdquo;.

Once the site at 60 Moray Street had been secured,&nbsp;both Rob and Andrew knew they had a site that would allow them to do something new, innovative, and ultimately iconic.

<img alt="" height="794" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-03_at_9.12.01_am.png" width="1186" />

With its grand corner frontage, the design potential of the site was unlimited, and there was an opportunity to execute something that was design-driven and not commercially driven like many other developments in the area.

&quot;Being our first multi-residential development, I wanted this development to be design-led and reinvigorate the tired streetscape of Moray Street currently littered with run-of-the-mill brick unit developments,&quot; Rob said.

&quot;We also wanted to offer something unique to the suburb too, full-floor sky homes rather than jam packing as many units as we could in.&quot;

<img alt="" height="781" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-03_at_9.11.51_am.png" width="1176" />

The concept of Maison was born, and a brief was conceived to deliver something completely innovative to the suburb, some of the main design elements encompassing soft curves, plank form concrete and a major focus on landscaping.

&ldquo;The core focus of Maison was the environment and adding a living, breathing piece of architecture that added significant aesthetic value to the New Farm streetscape,&quot; Rob added.

&quot;Yes, Maison had to offer residents unrivalled luxury internally, but it also had to give back to the suburb in terms of its presence.&quot;

Rob and Andrew&rsquo;s vision for Maison is evident just by looking at the stunning photos taken of the project.

The brutal aesthetic of the surrounding buildings is instantly softened by Maison&rsquo;s bespoke curved planter boxes which were a first of its kind for this project. The level of detail (and commitment to the project brief) is evident when looking closely at the planter boxes with their &lsquo;wood form&rsquo; look further elevating Maison&rsquo;s fa&ccedil;ade.

<img alt="" height="1062" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-03_at_2.07.42_pm.png" width="1242" />

Unlike other projects in the area, significant time and effort were invested in the &#39;luscious&#39; landscape design of Maison. Given it was a key design feature of the development, and a major selling point, Graya ensured the long-term viability of the landscaping by selecting a range of drought-tolerant plants as well as implementing a grey-water reticulation system to minimise the water usage of the building-another major sustainability point of the project.

&quot;Maintaining a green building can be challenging and costly if not implemented correctly. We&#39;ve spent time in designing a system that is viable for the long-term, but also does not compromise on the aesthetic of the building design inside and out&quot;, Andrew said.

One of the most eye-catching elements of this project is the juxtaposition it creates between old and new architecture and just how far Brisbane has come along in terms of building design.

This commitment to design excellence is a consistent theme-with each of the beautifully appointed luxury sky homes featuring carefully curated, and high-end, fittings and fixtures as you&#39;d expect with a development of this calibre. Residents also have access to a fully-functional rooftop community area and pool which enjoys commanding city and river views.

<img alt="" height="778" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-03_at_9.11.31_am.png" width="1162" />

Maison is evidence that multi-residential buildings do not have to conform to the normal standard, that not all of a project&#39;s budget has to go into the internal fit-out. Sometimes, investing time and effort into the facade of a building is worth the reward in terms of its impact on elevating the streetscape of a suburb.&quot;

At Graya, we&#39;re not interested in knocking out run-of-the-mill developments with a pure focus on cramming as many units in as possible. We want to deliver iconic architecture projects that elevate our city-that contribute to the community in terms of their aesthetic.

We feel there is a gap in this high-end multi-residential market, and we&#39;re looking forward to executing more design-led owner occupied projects in the years to come&quot;, Rob said.

Graya has a range of upcoming multi-residential developments coming up, including the 21-unit development Canvas Bulimba, and another two projects, York, and Blook, in New Farm.

When Rob and Andrew Gray first laid their eyes on the potential New Farm site of their first multi-residential development, they knew they were onto something special.

How GRAYA created Maison, their luxury New Farm apartment development

Following on from its successful sell-out of Maison, the high-quality Brisbane home and apartment builder,&nbsp;GRAYA, is set to deliver another luxury&nbsp;apartment block in New Farm.

Graya, who recently branched out in to luxury apartment market after successfully creating a number of well documented transformations of contemporary&nbsp;Queenslanders and ultra high-end new builds across Brisbane, has lodged development plans for York, just five full-floor apartments at 299 Bowen Terrace.

The five-level building will be crowned by a rooftop terrace with a wet edge pool and day beds, a fire pit area,&nbsp;lounge and dining spaces, and a bar.

<a href="https://www.urban.com.au/new-apartments/york-299-bowen-terrace-new-farm-qld-4005">To be the first to know when York hits the market, enquire here.</a>

<img alt="" height="1051" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/york_new_farm_2.jpg" width="1200" /> 
The boutique complex of just five apartments. Image credit: bureau^proberts

Each of the apartments, spanning nearly 250 sqm of internal space and over 20 sqm of balconies, will have three bedrooms,&nbsp;each with an ensuite, a second living area, and a study.

&quot;York brings something both familiar and new to the historic quarter of New Farm, contributing respectfully to an enclave known for its characteristic Art Deco Residences,&quot; architecture firm bureau^proberts wrote in their design statement submitted to the Gold Coast City Council.

<a href="https://www.urban.com.au/new-apartments/york-299-bowen-terrace-new-farm-qld-4005">To be the first to know when York hits the market, enquire here.</a>

&quot;Drawing on the details of the Art Deco period, the architecture creates rich embellishments in glass, metal and concrete, architectural elements give character to what is ultimately a place the sophistication of New York City translated into the context of a vibrant subtropical city.

&quot;Toward the street, strong vertical elements are reinforced by corbelled concrete rising to create a corner landmark.&quot;

<img alt="" height="606" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/york_graya.jpg" width="1200" />

Led by founders, brothers Rob and Andrew Gray, Graya secured a sell-out of its maiden apartment development, Maison in New Farm, and&nbsp;is preparing to launch their second apartment development, Canvas, a mix of 21 two, three and four-bedroom apartments.

Speaking to Urban, Andrew Gray said the team at GRAYA are really&nbsp;focussed on delivering a quality product in a premium location.

&quot;York will be five&nbsp;full floor apartments in one of New Farm&rsquo;s best pockets.&nbsp;The level of detail and quality of finish will be a step up from Maison so we&rsquo;re really exited to see how the market responds,&quot; Gray said.

Gray says in 2021 the&nbsp;high-end unit market went from strength to strength,&nbsp;with all quality developments selling out well before construction was completed.

<a href="https://www.urban.com.au/new-apartments/york-299-bowen-terrace-new-farm-qld-4005">To be the first to know when York hits the market, enquire here.</a>

The five-level building will be crowned by a rooftop terrace with a wet edge pool and day beds, a fire pit area, lounge and dining spaces, and a bar

GRAYA set for luxury New Farm apartment development, York

Just two apartments remain for sale in Maison, the off the plan New Farm, Brisbane apartment.

It is a collaboration between Graya, Frank Developments and Joe Adsett Architects at 60 Moray Street.

[smartcode_project:default project_id=25179]

Each of the four-bedroom residences come with direct lift access.

All have been created for entertaining, with deep outdoor balconies and terraces that capture city, river and New Farm views with floor-to-ceiling glass.

There is a private rooftop retreat along with swimming pools, BBQ areas and relaxation zones.

Level 1 and 2 skyhomes are the ones still available through Ray White New Farm agents Matt Lancashire and Josh Brown.

The level 1 and 2 skyhomes are the ones still available through Ray White New Farm agents Matt Lancashire and Josh Brown

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