Brisbane’s riverside is seeing a limited supply of boutique units up for sale, with a new luxury development along the city’s river.
Sitting in the heart of Bulimba at Byron St, ‘Watts & Wright’ is a new building made of 15 residences, starting at more than $2 million in price.
Developed by Spyre Group and designed by Cavill Architects, the units are designed with a northern orientation and an open river-facing form, aimed at giving residents an uninterrupted view.
Watts & Wright, a boutique riverfront development in Bulimba, from Spyre Group.
Managing director of Spyre Group Andrew Malouf said this was the first time the company had led the interiors of the project completely in-house, making it a big step for the team.
“These offerings are defined by their generous floorplates, meticulous design, and prime location,” he said. “Prices begin in the high $2 millions for the three-bedroom residences … for those seeking elevated luxury, our sub-penthouse collection is available from prices north of $6.5 million.”
Units range between three and four bedrooms, with some apartments offering rooftop terraces or private courtyards.
Each of the 15 homes feature north-facing views of the Brisbane River, and begin a little below $3 million.
The project is the first time Spyre Group has handled interior design in-house, taking inspiration from historical sites nearby.
Design director Kent Pinel said the interior of Watts & Wright took inspiration from historical sites along Byron St, with floor plans built to take in the area’s natural light.
“With many of our purchasers downsizing from large family homes, we recognise that privacy is a fundamental priority,” he said. “Our design response ensures this through the considered separation of bedrooms and the creation of multiple living zones, allowing residents to enjoy both quiet retreat and shared spaces in equal measure.”
Level 4 of the project will be dedicated to a series of shared amenities for residents: including a resort-style pool and heated spa, along with BBQ and outdoor dining areas overlooking the Brisbane River.
A builder has been found for the development, and a construction timeline will be announced in the future.
Spyre Group is so far seeing high levels of interest from “hyper-local downsizers”, with Bulimba residents seeking a low-maintenance home with a floor plan similar to their old houses.
A builder has been appointed for the project, and is expected to be announced with the construction timeline in the following weeks.
“The level of craftsmanship required for this project is significant, and we’ve been deliberate in selecting a partner that shares our commitment to quality and delivery,” Mr Malouf said.
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