Gaia, Kangaroo Point

At the current trajectory, Brisbane units are primed for over 20 per cent growth in 2024, which would take the median unit value to over $700,000

The biggest news in the off the plan apartment market in Brisbane came from the riverfront where the two-level penthouse atop Sorano House in Kangaroo Point sold for a record $14 million

There has been new developments plans submitted by Aria, Salter Brother and Tocu Properties across Brisbane in April

Pikos Group Chief Executive Officer Michelle Wooldridge said Gaia has been designed as a luxurious urban retreat designed to merge city living with riverside tranquillity

The 5,284 sqm site is now being earmarked for two 15-level towers with 214 one, two and three-bedroom apartments stretching between the Brisbane River and Lambert and O’Connell Streets

There will be three towers as part of the Lambert Street Apartments, designed by Conrad Gargett Architect and oriented to look across the river to New Farm