Just three penthouses remain for sale at Consolidated Properties' Monarch Residences in Toowong after a strong run of sales.

Eight of the 11 penthouse apartments have been snapped up in recent months, totalling nearly $50 million in sales alone.

The <a href="https://www.urban.com.au/new-apartments/monarch-residences-toowong-600-coronation-drive-toowong">Monarch Residences</a> Penthouse Collection feature elevated 3.2m ceilings, expansive views of the Brisbane River and city skyline, and an abundance of natural light. Each penthouse features unique floorplans with premium finishes like Herringbone oak floors, bespoke joinery, Dolce Vita quartzite benchtops and European-designed appliances.

Befitting its riverfront location, one of the final penthouses for sale is the last remaining 295 sqm River Home. The River Home boasts penthouse finishes and is positioned on the ground floor offering a leafy outlook at the river’s edge.

The additional two penthouses are the last remaining top-floor residences available. Both penthouses feature three bedrooms, a multi-purpose room, and three car spaces.&nbsp;

[smartcode_project:default project_id=113455 project_image_fid=302323]

Colliers Director of Residential for Queensland, Andrew Scriven says the demand for Monarch’s top floors and unique River Homes has been incredibly strong, and the remaining penthouses will sell quickly.

"Since coming onto the market, the demand for these once-in-a-lifetime ultra-premium penthouse homes has been incredible," Scriven said.

"We’re continuing to see enquiry 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."

[smartcode_project:default project_id=113455 project_image_fid=302326]

The average purchase price of the penthouses has been $5.85 million.&nbsp;The purchasers include a mix of Brisbane-based downsizers and families.

Consolidated Properties Group CEO and chairman Don O’Rorke says the development team’s vision was to deliver a super-premium residential project worthy of its unique north-facing location on the Brisbane River.

“The Monarch Residences penthouses offer unparalleled views, elegant design, and the kind of luxury living rarely seen in Brisbane,” O’Rorke said.

“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.”

[smartcode_project:default project_id=113455 project_image_fid=211496]

Monarch Residences comprises a total of 224 apartments across two 15-level towers. It sits on a prime 1.2-hectare site with 130m-plus of north-facing direct river frontage with views from St Lucia to Mt Coot-Tha.

Residents at Monarch Residences will have direct access to the historic heritage-listed Middenbury House, which sits on the site and is currently being restored and refurbished.

Monarch Residences is currently under construction with Hutchinson Builders. Anticipated move-in for owners is by the end of 2025.

There are less than 10 residences and penthouses for sale, with a starting price for three-to-four bedroom riverfront residences from $4.4 million.

[smartcode_project_cta:default project_id=113455]

Consolidated Properties Group CEO and chairman Don O’Rorke says the development team’s vision was to deliver a super-premium residential project worthy of its unique north-facing location on the Brisbane River.

Joel Robinson

Penthouses snapped up at Toowong's Monarch Residences

Summary:

<ul>
	<li>Daniel Clarke, General Manager of Sherpa Property Group, joined us at the display suite to discuss Flourish on Sixth</li>
	<li>The Palm Beach development offers a rooftop wellness and dining amenities</li>
	<li>Construction starts in March, with completion expected in early 2027</li>
</ul>

<hr />
Sherpa Property Group’s latest development, <a href="https://www.urban.com.au/new-apartments/flourish-on-sixth-ave-6-12-sixth-avenue-palm-beach">Flourish on Sixth</a>, is set to bring a new wave of apartment living to Palm Beach under the developer’s newly launched Flourish brand.&nbsp;

Positioned at 6-12 Sixth Avenue, just 200 metres from the beach, Flourish on Sixth Avenue is giving prospective Palm Beach buyers an opportunity to buy into the suburb that has been dominated by luxury apartments for the last few years.

Daniel Clarke, General Manager of <a href="https://www.urban.com.au/developers/sherpa-property-group">Sherpa Property Group</a>, recently joined us at the display suite to provide insight into the project.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/GxJHrhRQYHI?si=e9hBCYRtjDLttLG6" title="YouTube video player" width="560"></iframe>

“Flourish on Sixth represents the first new development in our Flourish brand,” Clarke said. “It aims to give a wide variety of buyers the opportunity to buy in some of Gold Coast’s best locations.”

The remaining two-bedroom apartments start from $1.18 million, while three-bedroom apartments are priced from $1.61 million. Clarke noted that few developments in <a href="https://www.urban.com.au/developments/palm-beach-qld-4221">Palm Beach</a> offer such competitive price points and price per square meter rates.

[smartcode_project:default project_id=146527 project_image_fid=311562]

One of the standout features of Flourish on Sixth is its extensive rooftop amenity, designed to offer residents a premium lifestyle experience.

“We position the majority of our communal facilities on the rooftop,” Clarke explained. &nbsp;

“We’ll be creating a wellness centre with a 15-metre heated swimming pool, private cabanas, a sauna, a steam room, a gym, and both hot and cold plunge pools.”&nbsp;

The rooftop will also feature private dining spaces, a fully equipped chef’s kitchen, a residents’ lounge, and barbecue and pizza oven areas.

[smartcode_project:default project_id=146527 project_image_fid=306037]

Flourish on Sixth marks Sherpa’s fifth development in Palm Beach in as many years, reinforcing the developer’s commitment to the area.

Just 200 meters from the sand at Palm Beach and the popular surf club, Clarke emphasised the strategic positioning of the project, tucked away from the Gold Coast Highway while still benefiting from connectivity to key amenities.&nbsp;

“The light rail is extending right down to the airport, which will give Flourish residents unparalleled access north to Broadbeach and south to Coolangatta."

Construction is set to commence in March with LPS Group, and residents are expected to move in by early 2027.

[smartcode_project_cta:default project_id=146527]

Construction of Flourish on Sixth set to commence in March with LPS Group, and residents are expected to move in by early 2027.

Inside Flourish on Sixth Ave, Palm Beach's latest new apartment development: Urban Display Suite Tour

Deicorp has secured planning approval to incorporate 48 affordable apartments into its landmark Marquet &amp; Mary mixed-use tower in the heart of Rhodes.

The $463 million Rhodes project was approved as a State Significant Development Application (SSDA), using the Infill Affordable Housing provisions to increase the overall apartment numbers and provide much-needed housing for essential workers.

[smartcode_project:default project_id=141515 project_image_fid=287857]

Deicorp founder Fouad Deiri said Deicorp is working with one of Australia’s leading community housing providers to manage the 48 affordable housing units at <a href="https://www.urban.com.au/new-apartments/marquet-mary-rhodes-1-9-marquet-street-rhodes-nsw-2138">Marquet &amp; Mary</a>.

“With its superb location in the heart of <a href="https://www.urban.com.au/developments/rhodes-nsw-2138">Rhodes</a> and on the doorstep of Concord Hospital and Rhodes Station, this was the perfect site to increase the number of apartments and include housing for key and essential workers.”

[smartcode_project:default project_id=141515 project_image_fid=287868]

The approval paves the way for the construction of Marquet &amp; Mary, 274 apartments designed by FK Australia. The apartments will sit atop a four-level podium that will include 3,796 sqm of retail and commercial space, a community rooftop terrace and garden, and a residential courtyard.

FK Partner Craig Baudin said the project marks a significant step towards increasing density in well-connected middle ring locations while ensuring the inclusion of affordable family homes.

"Being among the first projects submitted to the State Government under the SSD affordable uplift pathway is an exciting milestone, showcasing how well-designed, medium-density housing can enhance urban centres and provide much-needed homes for families in Sydney.

“We saw this project as an opportunity to complete a key missing part of the Rhodes Town Centre, and create a connected and amenity-rich new community layered with lush communal gardens through the podium levels. A core focus of our design was placemaking and integrating this new landmark tower to the vibrant retail life of the town centre."

[smartcode_project:default project_id=141515 project_image_fid=287862]

Recognised by an independent judging panel when awarding FK the project following a design excellence competition in 2023, FK’s design was praised for the provision of a public plaza at the southern entrance and fine-grain design of the ground plane.

[smartcode_project_cta:default project_id=141515]

Deicorp founder Fouad Deiri said Deicorp is working with one of Australia’s leading community housing providers to manage the 48 affordable housing units at Marquet & Mary

Deicorp add affordable housing to the mix at Marquet & Mary, Rhodes apartment development 

Sekisui House Australia and joint venture partner Hankyu Hanshin Properties is soon to launch Dawn, the fifth stage of its multi-billion dollar Melrose Park masterplan.

The <a href="https://www.urban.com.au/new-apartments/dawn-melrose-park-bundil-boulevard-melrose-park-nsw-2114">368 contemporary apartments</a> sit parkside, with views overlooking the soon to be renamed central park in Melrose Park. GroupGSA has designed the apartments to take in as much of the natural surroundings as possible.&nbsp;

There are one, two and three-bedroom apartments on offer, as well as luxury penthouses with private rooftop terraces.

Dawn’s prime location close to the future Melrose Park High School, Parramatta Light Rail Stage 2 connection and <a href="https://www.urban.com.au/developments/melrose-park-nsw-2114">Melrose Park</a> Town Centre as well as extensive parklands, will make it a popular choice with purchasers.

Edward Crawford, Senior Sales and Operations Manager, Apartment &amp; Mixed-Use Developments at Sekisui House Australia, says demand for Dawn has been strong, with many prospective buyers waiting for this stage to be released.

“Our early marketing efforts are focused on encouraging early registrations, as we know buyers are eager to secure the best park-side apartments, particularly those at the most competitive price points," Crawford says.

"As an emerging hotspot and masterplanned community, Dawn and Melrose Park offer buyers the opportunity to be part of a thoughtfully designed neighbourhood with an exciting future.”

<img alt="Dawn" data-entity-type="file" data-entity-uuid="8c46828b-d580-4dc6-9fad-273fc706df83" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-02-25%20at%209.15.23%E2%80%AFAM.png?VersionId=uPyUEhB8jt_wCVYBNbXCKV.TRDJfrTlf" />

The first wave of demand has been for larger three-bedroom park-side apartments, with expectations that interest in one-bedroom apartments will intensify as the marketing campaign shifts to emphasising product and pricing. Dawn will also feature a separate ‘Penthouse Collection’ campaign launching later in 2025.

Dawn’s contemporary residences all have secure basement parking. Pricing starts at $639,000 for a one-bedroom apartment up to $1.399 million for three-bedrooms.

Apartment sizes cater to a broad range of buyers including one-bedroom apartments ranging from 51 to 62 sqm, two-bedroom apartments from 75 to 80 sqm, three-bedroom apartments from 96 to 119 sqm, and penthouse residences from 121 to 123 sqm plus private rooftop terraces between 80 to 100 sqm.

<img alt="Dawn" data-entity-type="file" data-entity-uuid="97a01737-c6e5-41fe-804c-0429614fb4ae" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-02-25%20at%209.15.28%E2%80%AFAM.png?VersionId=YIVbkZBFOfBTnrlSf_0twUP6kJeuWTow" />

The development’s commitment to high-quality design and functionality is evident in its features including Bosch appliances, smart home technology such as smart locks, remote-controlled lighting and window coverings, ducted air conditioning, stone benchtops and Parisi tapware.

Buyers will also have customisation opportunities such as upgrading to Miele appliances, timber flooring and feature lighting over kitchen islands.

<img alt="Dawn" data-entity-type="file" data-entity-uuid="111134d8-d7b6-4e1a-b3a6-c74766d46dcb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-02-25%20at%209.15.33%E2%80%AFAM.png?VersionId=jIS_YTNZlZL_JEZkVABdJ9QDJv76ojPL" />

Dawn is designed to complement the broader Melrose Park urban renewal project, which integrates green spaces, transport infrastructure and community assets to create a sustainable, connected neighbourhood.

GroupGSA’s architectural vision for Dawn emphasises nature, sustainability and connection. Residents will enjoy exclusive rooftop community facilities, including private rooftop gardens, outdoor recreation areas with barbeque and dining zones, landscaped podium parks and internal courtyard gardens.

In addition, Central Park spanning nearly two hectares will feature barbeque and picnic areas, children’s play zones and walking tracks, set to open around the same time Dawn residents move in. The town centre is also expected to open doors soon after.

Dawn presents a compelling proposition for first home buyers, downsizers and investors, with strong prospects for future capital growth. The strategic location, premium finishes and comprehensive amenities make Dawn an attractive option for those seeking long-term value and lifestyle benefits.

Construction of Dawn is set to commence in 2025, with completion anticipated by mid-2027.

[smartcode_project_cta:default project_id=145496]

Edward Crawford says demand for Dawn has been strong, with many prospective buyers waiting for this stage to be released



Sekisui House Australia to launch Dawn in Melrose Park's $5 billion community

National developer Goldfields has appointed&nbsp;ULTRA Building Co to construct its Chatswood apartment development, <a href="https://www.urban.com.au/new-apartments/the-bryson-of-chatswood-871-877-pacific-highway-chatswood">The Bryson</a>.

CEO of <a href="https://www.urban.com.au/developers/goldfields-group">Goldfields</a>, Lachlan Thompson, said ULTRA Building Co has been appointed to build the&nbsp;luxury residential and mixed-use building&nbsp;and will play a leading role in meeting growing demand for premium apartments, retail and office space in <a href="https://www.urban.com.au/developments/chatswood-nsw-2067">Chatswood</a>.

“We have been impressed by ULTRA Building Co and the quality of their work, most recently completing the Balmoral Collection (Mosman), 1788 Double Bay (Double Bay) and Akoya (North Sydney),” Thompson said.

“The ULTRA team has extensive experience across the residential and commercial sectors. We have been working collaboratively with the project team to ensure this project gets off the ground without compromise. Partnering with such a high-calibre builder, and one with a 4-star iCIRT accreditation to bring our vision for The Bryson to fruition, is something we are very proud of.”

&nbsp;

&nbsp;

[smartcode_project:default project_id=21170 project_image_fid=231163]

Founder and Managing Director of Goldfields, Marco Gattino, said the commencement of Goldfields’ high-rise tower in Chatswood represents the beginning of the developer’s plans to build a long-term Sydney presence.

“Goldfields has a solid track record of delivering quality building projects across the residential and commercial sectors and we are excited to bring that experience to the Sydney market," Gattino said.

"With demand for well-located real estate remaining strong, Sydney’s luxury residential market has performed well, and we see this trend continuing.”

Gattino said Chatswood is one of the mosy dynamic suburbs in Sydney's&nbsp;Lower North Shore, one of Australia’s most sought-after places to live and work and.

"[Chatswood] is home to great shopping, fine dining, and superb road and rail links. Ensuring the inner urban lifestyle is accessible to all is important to Goldfields and we’re&nbsp;proud to be providing local purchasers with the opportunity to buy into the premium end of the Sydney apartment market.”

&nbsp;

[smartcode_project:default project_id=21170 project_image_fid=210267]

Goldfields’ footprint continues to expand in Australia’s other capital cities with major projects in Brisbane (88 Robertson Street) and Melbourne (The Raleigh) currently underway.

Adrian Sicari, Managing Director of ULTRA Building Co, said the ULTRA team is delighted to be working with Goldfields on the development of this iconic addition to Chatswood’s skyline.

“The Bryson development will supercharge the Chatswood CBD by bolstering economic activity, job creation, and retail and commercial space in this increasingly significant activity centre,” Sicari said.

Construction is forecast to be completed by Q4 2026.

[smartcode_project:default project_id=21170 project_image_fid=210266]

Designed by Make Architects and delivered by Fraser and Partners,&nbsp;The Bryson will incorporate a mix of one, two and three-bedroom and full 360-degree penthouse apartments, each with open plan living spaces, balconies, European&nbsp;appliances, luxury finishes, and&nbsp;lush garden zones.

A pool terrace complete with rooftop gardens, outdoor furniture, barbecue facilities and an outdoor fireplace will further enhance the urban resort feel and strike a balance between city living and quiet retreat.

&nbsp;

[smartcode_project:default project_id=21170 project_image_fid=210265]

Integrating into the vibrant public realm of Chatswood is a ground floor retail offering that acts as a threshold between the&nbsp;neighbourhood and the private residences above. Strata office suites will be located on level two and three.

Chatswood has a burgeoning activity centre that is home to&nbsp;corporate headquarters, prestigious schools, fine dining, disparate cycling routes, natural parkland and sporting grounds, and good proximity to public and private transport corridors.

The Bryson is within walking distance of&nbsp;Chatswood Railway Station (and its recently opened and expanded M1 Line from Chatswood to Sydenham), Sydney’s renowned&nbsp;Victoria Avenue retail precinct, and the region’s three major retail hubs – Chatswood Chase, Westfield Chatswood, and the Mandarin.

[smartcode_project_cta:default project_id=21170]

Founder and Managing Director of Goldfields, Marco Gattino, said the commencement of Goldfields’ high-rise tower in Chatswood represents the beginning of the developer’s plans to build a long-term Sydney presence.

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Michael Crawford

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