A prestigious riverfront apartment in Kangaroo Point has sold for $8.5 million, claiming the top position amongst Brisbane’s luxury unit sales in the first full week of October.
The three-bedroom sub-penthouse at 18E/39 Castlebar Street commanded the highest price amongst apartment sales finalised during the week, according to property tracking data from Prestige Property AU. The sale represented one of four apartments featured in the top 10 recorded sales across Queensland, with the combined apartment sales totalling more than $20 million.
Real estate agents Simon and Courtney Caulfield from Place Estate Agents handled the sale, which concluded so swiftly that scheduled open homes were cancelled after a buyer made an offer the vendors accepted.
Located within the exclusive Castlebar Cove complex, the property spans 470 square metres of internal and external living space. The residence boasts a unique position as the only apartment on its floor, accessed by a private lift that opens directly into the home.
The sub-penthouse features commanding north-east river frontage stretching more than 20 metres, with panoramic views across the Brisbane River. The interiors showcase travertine and timber finishes throughout the expansive layout.
Inside, residents enjoy multiple living spaces including an open-plan area with a fireplace that extends to a covered balcony wrapping the entire river-facing side of the home. The outdoor entertainment area includes a built-in barbecue and servery, designed for year-round use.
The northern-positioned gourmet kitchen features stone benchtops, timber details and Miele appliances, with space for casual bench seating as well as a formal dining table accommodating more than 10 guests.
The primary bedroom suite opens onto the riverfront terrace and includes substantial wardrobe space and an ensuite bathroom fitted with a bath, walk-in shower, double basin and its own Juliet balcony. Two additional bedrooms, each with ensuites and built-in robes, provide accommodation for family or guests.
Additional spaces include two extra living areas, a library, full laundry, powder room and ducted air conditioning. The property includes secure basement car parking for multiple vehicles plus a lock-up garage totalling 85 square metres.
A notable inclusion is the exclusive-use 60-foot marina berth with three-phase power—an uncommon feature for inner-city riverfront apartments.
Castlebar Cove residents have access to resort-style facilities including a fully equipped gymnasium, lap pool, riverfront lawn, steam room, sauna, and hot and cold plunge pools. The complex’s grand foyer features a piano and entertainment spaces.
The substantial sale reflects continued demand for premium riverfront property in Kangaroo Point, where Castlebar Cove has established itself as one of the suburb’s most sought-after residential addresses.
Published 13-October-2025
