A stunning sub-penthouse in Brisbane’s exclusive River Place Apartments has commanded top dollar, setting a new price point for CBD living.
The property at 319/82 Boundary Street, Brisbane City has sold for $4,000,000, placing it among the top sales in Brisbane City and adding momentum to Brisbane’s growing prestige market. Handled by Colin Walsh of Ray White Inner Brisbane Apartments, the sale took place on 17 April 2025 and marks a significant increase from its previous sale price of $3,150,000 in October 2023.
About the Property
This iconic River Place Apartments residence offers sophisticated urban living with unparalleled views of the Brisbane River, City skyline, and Story Bridge.
Set on a 300m² floor plan (225m² internal, 75m² external), the home features:
- 4 bedrooms, 2 bathrooms plus powder room
- Recently renovated gourmet kitchen with luxury fixtures and impressive marble benchtops
- Expansive 75sqm apartment-width balcony showcasing spectacular river and city views
- Multiple living areas including separate formal dining and generous home office
- Three storage areas including an extra-large 18sqm storage space
- Two side-by-side secure car spaces
Location & Lifestyle
Brisbane City is known for its exclusive riverfront residences and vibrant urban lifestyle. The home sits just minutes from Howard Smith Wharves and within walking distance of Eagle Street Pier, the new Albert Street Station, and the Queen’s Wharf Brisbane precinct.
Why This Sale Stands Out
- Last sold for $3,150,000 in October 2023 – representing 27% growth in just 18 months
- Previous sale history shows long-term value appreciation from $1,250,000 in 2000 to $4,000,000 in 2025
- Features rare sub-penthouse positioning on the 36th floor with panoramic river views
- Offers one of the largest private balconies in Brisbane’s CBD apartment market
This sale demonstrates the rising ceiling for top-tier apartments in Brisbane City and suggests increasing demand for prestige properties with views, space, and prime positioning.
Street Profile & Sales Context
The River Place Apartments complex is highly sought after by buyers locally and internationally for its exclusive facilities and prime location.
Properties in this building are typically tightly held, and this particular sub-penthouse offers what many consider the best floor plan in the building, with River Place maintaining strong value even during market fluctuations.
“This stunning sub-penthouse represents the pinnacle of Brisbane CBD living,” said Colin Walsh, from Ray White Inner Brisbane Apartments.
This sale at 319/82 Boundary Street is not just a record-breaker — it’s a story of luxury, location, and the continuing rise of Brisbane City as one of Brisbane’s most desirable addresses for discerning apartment buyers.
Published 30-April-2025
