A new riverside apartment complex, boasting 50 metres of absolute river frontage, will soon rise at Portside, the premier residential and lifestyle precinct in Hamilton. Dubbed the Rivello, this project will be one of the last riverfront developments in the suburb.
The 21-storey building will have 150 apartments in one, two, or three-bedroom units, including sub-penthouses and two opulent penthouses. The units will range from 110 to 562 square metres in size and are fitted with high-quality finishes.
Rivello will feature an urban sub-tropical character to blend and complement its riverfront address. Billed as a resort-style sanctuary, the complex will have an infinity-edge pool looking out across the view of the Brisbane River and the CBD.
Heaps of communal spaces for intimate gatherings will also be incorporated into the design, such as barbeque areas, kitchen and bar, resident’s lounge, boardroom and outdoor gardens.
“The majority of apartments will boast river views and all will benefit from the high level of on-site amenity, designed so residents have numerous spaces to relax and unwind, take in the views and catch-up with family and friends,” Brookfield Residential Properties Managing Director, Lee Butterworth, said.
It comes as a report from Urbis revealed that off-the-plan apartment sales in Hamilton’s lifestyle precinct increased to 29 percent in 2020, amidst a low level of supply in the market. More investors are also taking advantage of homes with various lifestyle amenities and a view of the river.
“Since COVID-19, people have been spending more time than ever in their home and are looking for generous spaces to entertain, work, or simply sit back and enjoy the view – this has been considered throughout the luxurious and liveable design of the apartments and exclusive resident amenities.”
Riverfront properties in Hamilton have also enjoyed growth at 5 percent per year in the last 20 years.
“Rivello will be the last project of its kind this close to the river in Northshore Hamilton, as future projects require a greater setback, making it a rarity in this highly desirable blue-chip location.”
Rivello is Brookfield Residential Properties’ ninth apartment building at the Portside. Visit the official site for more details.