New Farm apartments

A new boutique apartment building is set to make its mark on New Farm, thanks to a joint venture between Frank Developments and Signature Property Partners.

Frank Developments, who are soon to launch the luxury MIRA tower on the Gold Coast's Garfield Terrace, is ran by developer Frank Licastro, while Signature Property is headed by Frank's cousin Joe.

The duo will no doubt hope to see similar success of one of Frank's first multi-res projects, Maison, which saw stellar off the plan sales, and then resales, following its completion.

They're seeking to develop just off the water at 121 Oxlade Drive. The four-level building will home just 10 apartments.

There will be seven two and three-bedroom units, and three four-bedroom penthouses.

The architects behind the design, BYculprit, say that the development will blend the legacy of Brisbane architecture with the movement and energy of the Brisbane River.

The external façade will feature natural tones, textured render, vertical balustrades and reflective glass windows, which are all inspired by the colours and textures of the river and the surrounding area.

<img alt="Aerial image of where the New Farm development will be located" data-entity-type="file" data-entity-uuid="39b8ff27-f388-40bf-bad9-51e50a922f44" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-21%20at%202.09.58%20pm.png?VersionId=PPT1sOoPIo5Iw8JdOYgXgBSdaAjYrPFn" />Aerial image of where the New Farm development will be located.

"The soft and fluid facade is linked to the Brisbane River and mimicking the ebb and flow of water. Contouring of the building form create a dynamic facade that create light and shadow and responds to the passage of time," BYculprit noted in their design statement.&nbsp;

The building will be a nod to the traditional Queenslander house, with cascading and wrapping landscape and fine-grain lattice works forming the facade screens. The materials, finishes, and landscaping are simple yet elegant, creating a dynamic facade that plays with light and shadow throughout the day.

An abundance of landscape within the project becomes a defining feature as it wraps each balcony and roof terrace along both Oxlade Drive and Sargent Street that adds natural layout of colour and texture

Inside the apartments, living areas and bedrooms will be directed towards the natural light, pulling in daylight from the north east and the south east. The upper units will feature a central light atrium along the staircase, drawing in natural daylight and exuding an indoor-outdoor experience.

The ground floor apartments surround themselves with large private yards that encourage outdoor entertaining and recreational use directly from the living areas, while the&nbsp;apartments are all fronted with generous sized balconies extending the living areas and bedrooms to these spaces.

The building orientation will channel prevailing breezes off the river, with large sliding doors and operable windows promoting natural cross ventilation throughout.

Crowning the development will be a rooftop terrace with a pool, offering sweeping views of the city skyline and the nearby river.

[smartcode_project_cta:default project_id=139711]

The duo will no doubt hope to see similar success of one of Frank's first multi-res projects, Maison, which saw record-breaking sales and resales following its completion

alisonwarters@gmail.com

Licastro cousins team up for boutique New Farm apartments

Brisbane-based South East Queenslander developer Spyre Group has secured another off the plan penthouse record.

Having broken the record for the most expensive apartment sale in the Gold Coast (and Queensland) last year when they sold the penthouse of their Burleigh Heads project Glasshouse for $20 million, Spyre has marked the same feat in Brisbane.

They've already sold the penthouse in their striking New Farm project Moray House, on the riverfront Moray Street in New Farm.

[smartcode_project:default project_id=105057 project_image_fid=209770]

The penthouse has 800 sqm across two levels, and will feature its very own sky garage. The sale equates to nearly $20,000 per sqm.

Simon Caulfield at Place Kangaroo Point sold the apartment to a couple who live on Moray Street.

Spyre Group Director Andrew Malouf says the bueau^proberts-designed development will&nbsp;solidify Brisbane’s status as a destination for prestige property.

[smartcode_project:default project_id=105057 project_image_fid=209775]

There are only six apartments in the architecturally-impressive, with prices starting from $9 million. The apartments have an average living space of 320 sqm.

“The starting price of $9 million owed itself to the development’s exceptional location and craftsmanship,” Malouf said.

“This property will be both a first and last of its kind.

“Each apartment can be individually curated for the new owners with custom components that allow these homes to truly classify as ‘one of one’. These include a lap pool, sky garages, wellness rooms and personalised gyms.”

[smartcode_project:default project_id=105057 project_image_fid=209774]

Moray House will feature natural materials that reflect the surrounding topography, elegant curves, stonework and cabinetry.

“While the design is breathtaking, the added appeal is the direct access to the Brisbane riverwalk and the views of the Story Bridge and city skyline from every residence.”

Spyre Group Design Manager Kent Pinel said Moray House residents would enjoy a home specifically built for sub-tropical living at an unrivalled location.

“It will present locals with a redefined vision of what a personal sanctuary ought to be,” Pinel said.

[smartcode_project_cta:default project_id=105057]

The penthouse has 800 sqm across two levels, and will feature its very own sky garage. The sale equates to nearly $20,000 per sqm.

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