Monarch Penthouses boast best of both worlds

Consolidated Properties Group has this week launched its luxury penthouse collection in its $450 million Monarch Residences, featuring 11 beautifully appointed, oversized residences offering the best of both worlds – city views and riverfront living.

The penthouses bookend the Monarch Residences buildings, with eight residences located on the top floors to take in skyline and river views, plus three spectacular river homes offering a leafy outlook at the water’s edge.

Priced from $4.15 million through to $12 million for a palatial 406sqm residence, the Monarch Residences Penthouses are more than double the size of the average 186sqm Australian home.

Consolidated Properties Group Head of Residential James MacGinley said the decision to place penthouses on both the top and ground floors was made to capitalise on the unparalleled location of Monarch, which boasts 130 metres of direct river frontage.

“Traditionally penthouses are reserved for the top floors of the building, but we saw the opportunity to offer something special by creating the river homes, which will have the look and feel of a private, stand-alone dwelling,” he said.

“The two types of penthouses have been designed to appeal to those looking for a hybrid residence which blends the space and comfort of a home with the benefits of apartment living –premium views, a low maintenance lifestyle and luxury amenities.

“The Brisbane market has proven in the past 12 months that there is appetite for our $12 million penthouse which boasts a master suite the equivalent size of a two-bedroom apartment, along with a six car private garage.

“We have also catered for purchasers looking for a low maintenance, yet spacious 250sqm penthouse on the river.”

Monarch Residences Penthouses are available with a choice of three or four bedrooms, one or two balcony areas and a minimum of three car spaces.

Designed by the renowned teams at Wardle and Cottee Parker Architects, Mr MacGinley says while each penthouse has its own character with plenty of opportunity for personalisation, all boast unparalleled views, privacy and the highest quality finishes.

 “Ultra-high 3.4 metre recessed ceilings, expansive living areas and master bedrooms and second lounge areas were all non-negotiable inclusions,” he said.

“European Oak herringbone timber floors and natural stone benchtops create a bright and airy feel in each home, with wrap around balconies and sliding doors helping to bring the outside in.

“Every window has been oriented and framed to capture different views of the river and city, to create an artwork-like effect that changes with the time, seasons, colours and activity of the day.

“The cabinetry and storage throughout is also carefully considered – from built-in bookshelves and wine displays through to expansive walk-in wardrobes – these residences are an invitation to enjoy the finer things in life.”

Monarch Residences will also become home to an iconic new riverfront restaurant and café following the restoration of the heritage-listed Middenbury House, which will add to a suite of resident facilities including a riverside pool, gym and sauna, and an expansive rooftop terrace with dining and entertainment areas.

The launch of the penthouse collection follows the successful release of Monarch Residence’s one, two and three bedroom residences, which are now selling priced from $670,000, with many floorplan types disappearing fast.

A $3 million riverfront sales display is now open 7 days at 600 Coronation Drive, Toowong.

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