The heritage-listed 150-year-old Middenbury House is set for restoration under Consolidated Properties Group’s $450 million project called Monarch Residences, which will also deliver 224 apartments across two buildings, once completed.
Consolidated Properties Group, a prominent Australian property development company, acquired 600 Coronation Drive for $43.5 million from Sunland in March 2021, and the development application was approved in July of the same year.
The project is a joint venture with funding partner Qualitas and will comprise two 15-level towers, featuring 224 apartments ranging from 1-, 2-, 3-, and 4-bedroom units, including penthouses.
“Monarch Residences is a contemporary and luxury addition to a place of heritage. The history of this prominent riverfront land should be celebrated and thus termed; Monarch. True to everything that embodies a sense of place, this unique location combines heritage, prime absolute river frontage and gorgeous city and mountain views all within an expansive garden setting.” — Monarch Residences
Built in 1865 as a private residence, the heritage-listed Middenbury House will be carefully restored, conserved, and transformed into a riverfront restaurant and café. It will be situated on 1.2 hectares of beautifully landscaped gardens, which will also include the proposed landing area for the new green pedestrian bridge connecting Toowong to the West End.
With over 3,000m2 of open space, the project’s riverside area provides an excellent opportunity for the community to enjoy the stunning river views. The residences are also carefully designed to maximise the unbeatable river and city views, along with natural light and outdoor space.
The rooftop amenities of the Monarch Residences are exceptional, featuring a heated infinity pool, private dining area, relaxed lounge, sauna, ‘Winter Den,’ and several private BBQ seating areas.
Construction of the Monarch Residences began in March and is expected to take approximately two and a half years, with Hutchinson Builders overseeing the project.