Luxury Apartments, Heirloom, with Story Bridge Views Coming to Kangaroo Point


Kangaroo Point is set to transform with one of Brisbane’s final riverfront parcels earmarked for five luxury apartments, named Heirloom, priced from $9.5 million each, bringing a new chapter of high-end living to the community.



Developer Molti has confirmed plans for a six-storey residential building at 4 MacDonald Street, Kangaroo Point. The project will feature one apartment per floor, each spanning about 340 square metres. 

Designed by Bureau Proberts and Carr, the layout places living and sleeping areas along the building’s edge to maximise views of the Brisbane River and CBD.

Heirloom Kangaroo Point
Photo Credit: Molti

The Molti project aims to balance luxury with neighbourhood value by adding to the character of Kangaroo Point. The crescent-shaped balconies, inspired by the nearby Story Bridge, mimic the landmark’s curves while providing uninterrupted city outlooks. 

The development also dedicates an entire floor to health and wellbeing, with a gym, sauna and cold plunge pool modelled on spa and longevity centres.

The site, measuring 797 square metres, is currently occupied by a small complex of two-bedroom apartments that changed hands in mid-2024.

Heirloom Kangaroo Point
Photo Credit: DA A006764430

With Brisbane City Council allowing a maximum of eight storeys in the high-density zone, the proposed six-storey design complies with planning requirements. Developers said they were confident the views would remain unobstructed as the block sits opposite parkland.

Approval for the project has already been granted, and construction is expected to begin shortly.



Sales are scheduled to launch in mid-October 2025, with the riverfront residences positioned among the most expensive new apartments in Brisbane.

Published 30-Sept-2025

Developer Seeks Approval for Design Amendments at Kangaroo Point Tower

AS Mountain Pty Ltd, owned by Sam Sgroi and Peter Schmidt, has taken Sorano House seek approval for more than 40 design changes to the near-complete Kangaroo Point apartment tower.



Latest Application

The developer lodged the application on 26 August 2025, with proposed modifications including the removal of a column in the ground-level swimming pool, repositioning of the rooftop pool and deck on level eight, widening of the lobby, and a reduction in the size of the dining and meeting room.

Architect affidavits filed stated that the adjustments will not alter the number of apartments, bedrooms, floors, or the height of the building. Additional changes include moving air-conditioning units behind screening and minor amendments to the sun hood profile.

Brisbane apartments
Photo Credit: YPM Group

Project Background

Sorano House is located at 12 Hamilton Street, Kangaroo Point. The development comprises seven full-floor apartments, with each residence spanning an entire level. AS Mountain Pty Ltd purchased the site for $16.69 million on 10 May 2022.

Court approvals were granted in 2021, 2023, and 2024, despite opposition from some neighbours during BCC’s initial consideration of the project. The development is being delivered by Trezetto Developments, also directed by Sgroi.

Sorano House
Photo Credit: YPM Group

Sales and Market Position

The project has already seen strong sales, including a two-level penthouse sold off the plan for $14 million and another apartment for $9 million. Each residence features views of the Brisbane River and city skyline.

Earlier marketing material highlighted interior finishes such as a 5.5-metre natural stone kitchen bench, oak flooring, and premium appliances. Shared amenities include a rooftop pool, spa, sauna, gym, outdoor dining, and a private wine cellar. Apartments were originally marketed from $7.75 million, with completion targeted for the first quarter of 2025.

Brisbane apartments
Photo Credit: YPM Group

Community Context

Local residents had previously opposed the development, but their objections were unsuccessful. The developer has said the new design changes are intended to respond to demand in the inner-city apartment market. Architects involved in the project described the adjustments as functional refinements with minimal visual impact.

Outlook



The Planning and Environment Court will review the application and determine whether the requested modifications can proceed as Sorano House approaches completion on Kangaroo Point’s riverfront.

Published 11-Sep-2025