Once-in-a-Lifetime Opportunity: Only Three Penthouses Remain at Brisbane’s Luxury Monarch Residences

Just three penthouses remain for sale at Brisbane’s most prestigious riverfront development, Monarch Residences, after a blistering sales run that has reaped almost $50 million in penthouse deals.

Unveiled in October 2024, the Monarch Residences Penthouse Collection quickly became one of the city’s most sought-after offerings. With elevated 3.2m ceilings, breathtaking 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.

The final three penthouses are designed specifically to enhance their individual unique features, each home is one of a kind. The amazing site gave Consolidated Properties Group an opportunity to create something extraordinary, a place that is tailored specifically for its rare riverfront expanse.

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 perfectly 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 3 bedrooms, a multi-purpose room and 3 car spaces. Whether in the oversized kitchen, living area or bedrooms, the design elements emphasise openness, creating an environment that feels both expansive and private.

Designed to feel more like a single-level home than a typical high-rise apartment, these penthouses feature house-like floorplans and represent a rare final opportunity to secure an iconic piece of Brisbane riverside living.

Prospective buyers are urged to act quickly to avoid missing out on what is arguably Brisbane’s most luxurious apartment offering.

Colliers Director of Residential for Queensland, Andrew Scriven explains 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. We’re continuing to see inquiry from local buyers as well as from out of State buyers,” Mr Scriven said.

“The level of interest in these homes speaks to the calibre and design of the Penthouse Collection. There will never be another place on the Brisbane riverfront like Monarch Residences.

“This is truly a once-in-a-lifetime opportunity and with only three left, we’re urging potential buyers to get in quickly before they’re gone.”

To date, eight of the 11 penthouse homes have been sold, with an average purchase price of $5.85m. The purchasers include a mix of Brisbane based downsizers and families seeking out their own luxurious sanctuary overlooking the Brisbane River right in the city, further demonstrating the penthouses’ appeal as both a prestige address and an exceptional opportunity.

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,” said Mr O’Rorke.

“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.”

Monarch Residences comprises a total of 224 apartments across two 15-level towers, spanning 1.2 hectares and including 130m-plus of north-facing direct river frontage with breathtaking views from St Lucia to Mt Coot-Tha.

In addition to owning one of Brisbane’s most exclusive apartments, 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 in construction with Hutchinson Builders. Anticipated move in for owners is by the end of 2025. Prospective buyers can visit the multi-million-dollar, riverfront sales office on site at 600 Coronation Drive, Toowong.

There are less than 10 residences and penthouses for sale, with a starting price for 3-to-4-bedroom riverfront residences from $4.4million.