Developer Graya wins approval for luxury St Lucia ‘Silk’ project on prime Brisbane riverfront

Developer Graya has secured approval for their residential project Silk at 16-18 Sandford St, St Lucia. A 15-level riverfront tower geared towards the luxury market has been given the green light in St Lucia, in Brisbane’s inner west. Local developer Graya has secured approval for their residential project Silk at 16-18 Sandford St which will include 16 split-floor and six full-floor apartments. Silk at 16-18 Sandford St will overlook Orleigh Park and the Brisbane CBD skyline. Brothers Andrew and Rob Gray of Graya. The building will be on an 810sq m site on a bend in the Brisbane River, overlooking Orleigh Park and the Brisbane CBD skyline. Advertising is being geared towards local downsizers, with a desire for long-term homes in lower-density spaces. “St Lucia is one of those suburbs people do not want to leave,” said Rob Gray, Graya co-founder and CEO. “They know the river, the trees, UQ, the golf course, Toowong and Indooroopilly, and that familiarity is hard to replace. MORE NEWS: Apartments outpace houses five-fold for top yields Preparing for the Boomer downsize wave Six-figure earners now slammed by Australia’s savage rental crisis Developer Graya has secured approval for th...