Reinventing Luxury

At Home Magazine - Courier Mail

15 July, 2022



Less than a year after Consolidated Properties Group announced plans to build Monarch, a
luxury residential multi-tower on the former home of the ABC at Toowong, another prestige developer has announced plans of its own just a few doors down.

Spyre Group, the developer behind iconic residential towers Natura and Glasshouse on
the Gold Coast, has earmarked a patch of Brisbane riverfront for a $110m luxury
development designed to meet the needs of owner-occupiers in the inner city.

Development approval has just come through for Arc Residences, at 570 Coronation Drive,
Toowong, that will feature a collection of 27 three-bedroom apartments and one penthouse
across 10 levels with a communal rooftop. "Arc is great architecture and great design
working in perfect harmony, it is a building that is customised to fit the city and surroundings and
not the other way round." designer manager for Arc, Kent Pinel, says.

Homes at Arc Residences will sell from $2.995m, with a price yet to be set for the
penthouse apartment. 

"Demand for these local premium listings comes in response to prestige homebuyers investing more in their homes as personal sanctuaries, a trend in Brisbane influenced by the interstate pilgrimage to the Sunshine State." Spyre Group CEO Daniel Laruccia savs.


15 July 2022


Sign up to receive our newsletters and to be notified of all upcoming projects.