The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
FIRST RELEASE TICKETS ON SALE FOR URBANITY-25 CONNECTING PROPERTY LEADERS ACROSS THE ASIA PACIFIC
FIRST TICKETS ON SALE FOR URBANITY-25 WHERE THE PROPERTY INDUSTRY CONNECTS
SEE DETAILSDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Partner Lab
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
ResidentialTaryn ParisThu 30 Jan 25

Molti Greenlit for First Brisbane Apartment Block

Byron Bay developer Molti has stepped up its presence in south-east Queensland, winning approval for five full-floor apartments at Kangaroo Point.

Brisbane City Council approved the plans, which were filed in June of 2024. 

The six-storey complex will rise on a 797sq m site at 4 MacDonald Street—one of the last riverfront sites on the peninsula and near the record-breaking Sorano House, which last year netted a $14-million off-the-plan sale for its penthouse. 

The four-bedroom, two-storey penthouse sale represented a $45,000 per sq m price point—something Molti managing director Ben Teague will be hoping to best. 

Teague said demolition would commence in coming months and that construction was due to start later this year. 

He said the development marked the first collaboration between Bureau Proberts and Carr Design, the latter engaged to work on the interiors of the luxury full-floor apartments, which are close to 350 square metres. 

null
▲ Nearby Sorano House banked record-breaking off-the-plan sales for its penthouse at Kangaroo Point.

Bureau Proberts took style cues from the nearby Story Bridge and the suburb’s subtropical riverside location while prioritising views to the river and the city. 

While the building comprises just five residences, Teague said there was a strong focus on wellness and amenity within, with a penthouse infinity pool topping the project.

At the time of acquiring the site, Teague told The Urban Developer that Molti had identified Brisbane and south-east Queensland as key areas where it wanted to target premium locations in blue-chip suburbs.

“We saw this site and wanted to have a good crack at it, given its riverfront location. It’s a spot that’s going from strength to strength and with the Olympics and everything that’s coming up we just can’t see it slowing down, particularly in that premium space.”

The Urban Developer understands the acquisitive Molti is in due diligence on sites further south. 

Whitefox Brisbane has been tapped to manage the sales process.

ResidentialBrisbanePlanningApprovedProject
AUTHOR
Taryn Paris
More articles by this author
ADVERTISEMENT
TOP STORIES
Exclusive

Parking Upsize Threatens Fatal Blow to Project Feasibility

Phil Bartsch
6 Min
One New Zealand Stadium BESIX Watpac
Exclusive

Rising to a Challenge: How BESIX Watpac Topped Australia’s Builders

Clare Burnett
7 Min
Exclusive

Rewards Outstrip Risk in SE Queensland Off-The-Plan Buys

Taryn Paris
7 Min
MONARK co-founders Michael Kark (CEO) and Adam Slade-Jacobson (CIO)
Exclusive

Finding the Sweet Spot: How Monark Built its $2bn Property Empire

Leon Della Bosca
6 Min
Exclusive

Sydney’s Fear of Heights Holding Back Housing

Vanessa Croll
6 Min
View All >
Dusk Group Sunset Caloundra HERO
Residential

Dusk Signs Builder for Luxe Sunshine Coast Scheme

Leon Della Bosca
Sponsored

Largest Developable Site at Narrabeen Hits Market

Partner Content
Dexus is planning to build a 13-storeys of shoptop housing at the Royal Randwick Shopping Centre
Residential

Dexus Randwick Plans Among High-Profile SSD Wins

Renee McKeown
Schemes by development heavy-hitters are among 14 projects now eligible for fast-tracking on the NSW planning pathway…
LATEST
Dusk Group Sunset Caloundra HERO
Residential

Dusk Signs Builder for Luxe Sunshine Coast Scheme

Leon Della Bosca
2 Min
Development

Largest Developable Site at Narrabeen Hits Market

Partner Content
3 Min
Dexus is planning to build a 13-storeys of shoptop housing at the Royal Randwick Shopping Centre
Residential

Dexus Randwick Plans Among High-Profile SSD Wins

Renee McKeown
3 Min
Developer Erben is planning to build a 21-storey tower over the top of the sunken bus station and rail line at Perth City Link.
Student Housing

Erben Files PBSA Tower Over ‘Buried’ Perth Bus Station

Renee McKeown
3 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/molti-greenlit-for-first-brisbane-apartment-block