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Life at the top: Five of Brisbane’s most exclusive penthouses

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Penthouse apartments are a popular product among the rich and powerful and in Brisbane, the market for the expansive and luxurious homes is expected to grow.

McGrath New Farm agent Sherrie Storor tipped the Penthouse market to expand steadily. “I think it’s becoming more popular,” she said. “People who like the idea of low maintenance style life, who want the outlook and want the privacy, they might be over 20 years of cleaning.”

Ray White New Farm agent Josh Brown said by far, the biggest demographic of buyers for penthouses in Brisbane were retirees looking to minimise their housework responsibilities.

“It’s the premium product and I think with the aging population it’ll become a more widespread product as we progress that way,” he said.

He also said the luxury apartment market was continuing to grow despite doom and gloom about apartments in general.

“The bulk of the media surrounding oversupply is centred on one and two bedroom apartments,” said Mr Brown. “There’s been nowhere near as much product for larger apartments in recent years.”

Ms Storor agreed penthouse would continue to outperform their smaller counterparts.

“The bulk of the media surrounding oversupply is centred on one and two bedroom apartments,” she said. “There’s been nowhere near as much product for larger apartments in recent years.” 98 Thorn Street, Kangaroo Point

The penthouse at 98 Thorn Street, Kangaroo Point, offers a huge wrap around balcony that boasted views all around the apartment and uninterrupted look down the Brisbane River to the Story Bridge and CBD. The multi-million dollar property hasn’t changed hands since its construction nearly 15 years ago.

Ms Storor said the apartment was one of the best in Brisbane. “There’s much higher apartments, but it is a very nice property,” she said. “There’s wine fridges that carry over 300 bottles and a perfect north easterly aspect.” 53 Wyandra Street, Teneriffe

Further down the river in Teneriffe, Como is a multi-leveled home which makes use of the extra space to give the home a more wide-open feel, with voids above the living spaces.

Mr Brown said the apartment was one of the more spacious penthouses in the city. “Internally it’s got an immense volume of space for a three bedroom apartment,” he said.

Floor-to-ceiling windows in the bedrooms overlook the living areas and then floor-to-ceiling windows overlook eastern Brisbane suburbs from the apartment’s top floor perch. 461 Adelaide Street, Brisbane City

This Adelaide Street apartment is in the heart of Brisbane City, only a few hundred metres from the popular Eagle Street precinct.

The luxury four bedroom home is the top floor of a block of ten single floor apartments, but is by far the most luxurious.

One of the stand-out features is a dumbwaiter that ferries meals from the kitchen to the rooftop. 76 Thorn Street, Kangaroo Point

Thorn Street in Kangaroo Point must be a good location for penthouse living, with the top floor apartment from number 76 also making the list. The apartment is recently renovated and has the master bedroom and a private spa on the top floor.

The four bedroom apartment also offers views up the Brisbane River and into the city. South Brisbane Inspections are by appointment only for this South Brisbane Penthouse, with the address withheld from the prying eyes of the public. The exclusive home is situated directly across from the CBD and above the Roma Street parklands – arguably one of the best views in the city.

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