The Banyan Tree Group has announced plans for its first branded residences in Australia, which will be located in Brisbane at 8 River Terrace, Kangaroo Point.
The Banyan Tree Group is known around the world for its premium resorts, hotels, residences and spas.
The $150-million project and its 76 luxury freehold private residences will be set on a 2200-sqm site at Kangaroo Point and will feature a striking exterior, with three undulating wave structures.
The design is the result of a collaboration by the group’s in-house design team and architects Woods Bagot.
Commenting on the development, Executive Chairman Ho Kwon Ping said: “We are excited to launch our first Banyan Tree branded residences in Brisbane."Construction is slated to commence in the second half of 2016, with completion expected in late 2018.
The development will include 76 freehold private residences over 10 levels: four penthouses (three with rooftop infinity pool and private garden terrace), 27 three-bedroom apartments and 45 two-bedroom apartments.
Owners will enjoy a secure lobby with 24-hour concierge service, onsite Banyan Tree Spa and retail Gallery, premium dining venues and an exclusive rooftop garden with private function space, barbeque facilities, daybeds and an expansive infinity pool.
The property will also feature additional private function spaces, gymnasium, and a secure underground car park.
As part of the all-encompassing lifestyle experience, owners will receive access to a range of premium services.
These will include membership to the Banyan Tree Sanctuary Club, which entitles them to exclusive discounts and privileges through the group’s global network of resorts and spas and access to the Banyan Tree Private Collection, an exclusive destination club with a portfolio of villas in stunning locations like Tuscany and Provence.