The Monarch Residences, a major $460 million riverfront development in Toowong, is moving closer to completion as final construction work takes shape.
Read: Monarch Residences in Toowong: Completion of Earthworks on Coronation Drive
Developed by Consolidated Properties Group, the project has reached a significant milestone with the structural work on both towers now complete.
Situated on a 1.2-hectare site, Monarch Residences has already seen overwhelming demand, with 98 per cent of its 224 apartments sold. Only four remain on the market as construction advances towards its final stages. Future residents are expected to move in before Christmas, marking the culmination of years of planning and building.
Hutchinson Builders, responsible for bringing the vision to life, has navigated weather challenges over the past two years to ensure steady progress. With the scaffolding set to come down in the coming months, the full exterior of River 1 will soon be revealed to the public, offering the first glimpse of the completed design.
Beyond the apartments themselves, interior fit-outs and rooftop amenities are currently underway. The development will feature high-end facilities, including a premium pool deck, a gym, a sauna, and entertainment spaces designed to enhance the riverside living experience.
A key element of the project is the restoration of the heritage-listed Middenbury House, which is undergoing a major refurbishment. A particularly notable milestone in this effort is the replacement of its historic Welsh slate roof, using the last shipment of traditional Welsh slate to arrive in Australia.
Once the restoration is complete, the building will be open to the public for the first time since its original construction in 1865, adding a unique cultural and historical aspect to the development.
With construction progressing at a strong pace, the Monarch Residences is set to be a standout addition to Brisbane’s riverfront skyline. The blend of contemporary luxury living with a preserved piece of history makes it a distinctive and highly anticipated project in the city’s property market.
Published 2-April-2025
