Brookfield Residential Properties Archives

Portside Wharf is set to undergo a $20 million facelift, a first in its 16-year history, Brookfield Residential Properties announced recently.

Brookfield Residential Properties announced recently that the dining and lifestyle precinct will be refurbished to reaffirm the precinct’s distinction as a vibrant neighbourhood village by the water.

The Cavill Architects and Urbis are tasked to develop the designs for the planned project which the company expects to commence later this year before it gets finalised by December 2023. The design vision for the refurbishment will aim to enhance the attractiveness of the precinct to the local community, particularly those who are just within 20 minutes’ distance from its premier by-the-river Hamilton location.

The project will include an extended plaza and main street that will enhance views and access to the Brisbane River, as well as additional shading and landscaping that will complement the expanded year-round outdoor dining at the site. Exciting new tenancies will be introduced along with defined dining, retail and entertainment sub-precincts, and areas dedicated to lifestyle and wellness, convenience and premium boutiques.

Portside Wharf Set for Major Transformation — Photo Credit: Visit Brisbane / visitbrisbane.com.au

Since opening 16 years ago, Brookfield Residential Properties’ Managing Director, Lee Butterworth, said that now is an opportune time to invest in Portside Wharf’s redevelopment and shape its new vision and future that celebrates the rich history and people of the local community.

“The redevelopment will entice new visitors to rediscover our village by the water, while redefining our vibrant neighbourhood locale for the more than 4,000 residents now living in the immediate area.

“The changes we are making will amplify our community connections, provide exciting day and night experiences, leverage even further our enviable waterfront location, and create enticing spaces for our customers to relax, unwind and socialise.

“We are actively seeking to expand our tenant mix with new convenience, dining, wellness and boutique offerings that support our vision for this new evolution of Portside Wharf.”

Cavill Architects Practice Director Andrew D’Occhio said that the design will open up Portside Wharf “visually and physically from its northern entrance, extending through the heart of the precinct a vibrant main street to connect this area of Hamilton more directly to the water.”

“Portside Wharf’s investment will better connect the precinct to those new spaces and the surrounding Hamilton suburb, making it a comfortable year-round place to visit by foot, with new softened materials, shading and landscaping offering the dual benefit of shaping high-quality places to gather and protection from the elements.”

Portside Wharf features over 12,000sqm of retail space that is home to some of Brisbane’s best dining and entertainment, including Sono Japanese Restaurant, Byblos, Gusto Da Gianni, Dendy Cinema and the recently expanded Zeneldin’s IGA.

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.

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Portside Wharf Set for Major Transformation

Coming Soon! Rivello, A Riverfront Home, Set for Development in Hamilton