From Sydney to Gold Coast, Australia, developers seek to capture growing luxury demand


Skye by Pikos, 8 River Terrace, Kangaroo Point, Brisbane

After a prolonged period of weak apartment price growth, Brisbane is currently experiencing a real estate renaissance as Sydney residents and Melburnians frustrated by continued Covid lockdowns seek more bang for their buck in a smaller but still vibrant city . As a result, now is the perfect time for luxury developments such as Skye by Pikos Development Group to make their mark on the skyline of Queensland’s capital.

When completed, Skye by Pikos will consist of three towers that will house 70 apartments, including three two-story penthouses. The development will rise above the iconic cliffs of Kangaroo Point with sweeping views of Brisbane city skyline, South Bank, the Botanic Gardens and the river below.

Designed by Conrad Gargett Architects, there will be two apartments per floor in each tower and the spacious floor plans have been created to make the most of Brisbane’s subtropical climate with seamless indoor-outdoor living spaces.

Unique vertical gardens will feature on the exterior with integrated greenery on all levels to give the impression of three living and breathing towers. Buyers can choose from six layouts.

The apartments will have natural stone travertine as well as wood floors, Venetian Marmorino plaster walls, as well as state-of-the-art V-ZUG appliances in sleek contemporary kitchens.

In addition to the designer apartments, Skye also has a host of in-house amenities such as a private roof terrace and a top-floor restaurant where residents can order food to be delivered directly to one of the many cabins. by the pool along the infinity of 20 meters. Bowl. On the ground floor there will be a gym, a subtropical garden and a separate cafe.

A limited pre-release of 24 apartments hit the market in August, with the rest to be released in the coming year.

Number of units: 70
Price range: From A $ 2.55 million to A $ 8 million
Developer / Architect: Pikos Real Estate Group / Conrad Gargett Architects
Apartment sizes: Three and four bedroom apartments
Approvals: Skye will eventually house one of Brisbane’s most glamorous rooftops with a 1,000 square meter sky deck, an infinity pool, cabanas and a restaurant. There will also be a gym for residents.

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