443 Queen Street: Breathable building in the Brisbane CBD

By: Jade Horrobin: September 27, 2018, Updated: January 17, 2019

443 Queen Street is located at, funnily enough, 443 Queen Street in the Brisbane CBD. The development consists of a mix of one, two, three and four-bedroom apartments across two 47-storey towers, all with great views. Apartments at 443 Queen Street start from $725,000 for a one-bedroom apartment, $1,175,000 for a two bedroom and $2,020,000 for a four-bedroom apartment.

The development has a number of ‘sky parks’ and gardens, including a perimeter walking track. Residents also have access to a full recreational level. This includes the resident-only private dining and lounge areas with fireplaces, a master chef kitchen for catered events, multiple BBQ and outdoor dining areas, a riverside infinity edge 25-meter swimming pool and the poolside cabana lounges and sun decks around it, a relaxation and yoga zone, and a gym.

  • 264 apartments
  • Construction has commenced and the building is expected to be complete in late 2020.
  • 443 Queen Street offers an Interactive Experience Centre where you can find out more about the new apartments, which is the first of its kind in Australia.
  • There are limited one-bedroom apartments remaining.
443 Queen Street street view

443 Queen Street street view. Render by developers.

The Project

While construction is now underway, the fate of 443 Queen Street hasn’t always been so secure. In the early planning process, there was a protest against the location being so close to heritage-listed Customs House. Legal action was sought against developers CBUS Property over the apartments by Brisbane law firm, Allens. 443 Queen Street is to be built directly in front of Allens’ headquarters, which will block their river view. This legal issue has now been resolved and construction 443 Queen St is free to proceed with no issues.

As detailed in a recent CoreLogic report, of all the Brisbane apartments sold for between $2 million and $8 million, over 25% of these were in 443 Queen Street. Early sales were much higher than anticipated, which enabled construction on the project to start early. In August of 2018, the $6 million penthouse at 443 Queen Street was sold to a local medical professional (making it one of the largest off-the-plan sales in Brisbane’s history).

One of the biggest drawcards for the project is the environmentally-oriented design. The building has a ‘breathable facade’. This allows passive ventilation and cross-ventilation of all residences. Natural daylight and air permeates each arrival garden on every floor and helps reduce total energy consumption by up to 60%. Because of this, 443 Queen St will be Australia’s first building to achieve a Generosity Index of 80 and Green Plot Ratio of 197%. The building has been designed to mimic the feeling of a traditional ‘Queenslander’ home, with shelter and greenery a crucial part of the living space. Each apartment sits within a garden environment, with green walls extending all the way up the building.

We love…

  • The open-air spaces and lush gardens throughout give the whole project a very tropical, “holiday” feeling.
  • All apartments at 443 Queens Street have river views, some with the iconic Storey Bridge in the background.
  • Absolute centrality means those who work in the city would rarely use their car, with lifestyle and culture right on the doorstep.

But remember that…

  • Almost all of the one-bedroom apartments are already sold and over half of the four-bedroom apartments are also sold.
  • Due to the shape of the building, floor plan customisation is very limited, with no walls being able to be moved.
  • With prices for a 2-bedroom apartment sitting at around $1 million, this project is double the price of the average inner-city apartment.

Construction Updates

Construction is well underway at 443 Queen Street’s riverfront building site. These new off-the-plan apartments next to the Brisbane River are due to be complete in 2020.

443 Queen Street construction update photo by PropertyMash January 2018.
443 Queen Street construction update photo by PropertyMash January 2018.
443 Queen Street construction update 10/1/2019
443 Queen Street construction update 10/1/2019
443 Queen Street Construction Photo
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The Location

Located right on Queen Street, this development sits in the heart of the CBD. 50 metres to the right is the heritage-listed Customs House. The restaurants and high-end bars of Eagle Street Pier are only 250 metres away, as well as the Riverside Ferry terminal, providing easy CityCat access. The Queen Street Mall is also very close by, at only four minutes walk away. Queen Street and the surrounding precincts are a shopping mecca and also home to a myriad of internationally-inspired restaurants. Kangaroo Point sits directly across from 443 Queen Street, With two large parks, excellent cafes and, of course, the Story Bridge.

443 Queen Street location

443 Queen Street location. Image by developers.

Only ten minutes walk from 443 Queen Street is the Howard Smith Wharves precinct. Scheduled to open at the end of November, this $110 million project is set to breathe new life into the area. The 700-metre area along the riverfront will feature bars, restaurants, parkland with live music and entertainment options including a brand new craft brewery, Felons Brewing Co. Howard Smith Wharves star attraction will be Overwater Bar which will literally sit on top of the Brisbane River.

The Howard Smith Wharves precinct also offers an underground park for 359 vehicles, which is a great facility for the 443 Queen Street residences as it provides an alternative for visitors.

Communal Facilities

443 Queen Street has not skimped at all when it comes to communal facilities. The Recreation Deck is spread over an entire floor, covering 1,500m². Accompanying beautifully landscaped, tropical gardens is a 25-metre infinity pool for residents and their guests to enjoy. This floor also has two cabana lounges which overlook the pool and a separate private dining room and kitchen, offering plenty of space for entertaining. Completing the floor is indoor and outdoor yoga rooms, a gym and bathrooms and changing facilities.

Each of the two-bedroom apartments come with one secure car park underneath the building. The three bedroom and four-bedroom apartments all come with two car spaces. Some of the one-bedroom apartments do not come with a carspace as standard, although this can be purchased for an additional fee. There will be 24 visitor car parks at 443 Queen Street.

443 Queen Street pool. Image by developers.
443 Queen Street arrival garden. Image by developers.
443 Queen Street street view. Image by developers.
443 Queen Street. Recreation Deck plan. Image by developers.
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Apartment Details

The one bedroom, one bathroom apartments are sized between 73m² to 81m². The two bedrooms range from 105m² to 124m² and also have two bathrooms. The largest apartments in the building offer four bedrooms, three bathrooms and start at 193m². These larger apartments range up to a house-sized 398m². Levels 37 to 41 offer exclusive “super apartments” with the floor plans of a one and two bedroom apartment joined together. These “super apartments” have only recently been brought to market, and are already selling. Each level has its own light-filled arrival garden with natural ventilation to welcome you from the elevator.

The top five levels of the building are deemed The Monarch collection. There are two Monarch’s per level, a north and an east facing apartments (both with river views). These celebrate grand spaces and design. These residences offer large balconies to maximise natural light and breezes.

The colour palette of 443 Queen Street is very light and neutral to allow the greenery to shine. The feature walls and splashbacks are marble and the floors are a light timber.

Floor Plans

Every apartment has been designed to maximise cross-breezes. Offering enhanced facade articulation and separated drying balconies too, the layout keeps the Queensland climate in mind. Most balconies are over 30 metres, providing views of the Brisbane River and Kangaroo Point. The ceilings are 2.7m for the majority of the building. From floor 41 and above, the ceilings are 3m tall, giving the top floors an even more exclusive sense of grandeur.

Quality and Finishes

The finishes of the apartments at 443 Queen Street are of very high quality, with premium timber floors throughout. The windows extend from floor-to-ceiling and come with double glazing as standard. The kitchen offers stone bench tops, energy and water efficient appliances and fixtures and a large kitchen island for extra bench space. In the bathroom, you’ll find dual basins an plenty of storage space within soft-close cupboards.

In the Monarch collection, the kitchen is complete with Gaggenau kitchen appliances including a wine fridge and steam oven as well as Brodware tapware. Marble bathrooms and three-metre high ceilings add another layer of elegance to these residences.

443 Queen Street bathroom

443 Queen Street bathroom. Image by developers.

Investment Analysis

443 Queen Street is undoubtedly targetted to owner-occupiers. Young professionals and downsizers alike are most likely to take an interest in the project, with a mix of international families too, and this has certainly been true so far. The average two-bedroom apartment in the CBD goes for $501,000 and two-bedroom apartments in 443 Queen Street are selling at upwards of $1 million. This definitely reflects the calibre of the design, the apartment finishes and the facilities. 443 Queen Street is one of only a limited number of apartment buildings currently selling off-the-plan in the inner-city area. It’s an opportunity (both for owner-occupiers and investors) that’s very rare to come across.

Neighbouring Projects

Other luxury apartment buildings currently under construction in the CBD include Brisbane Skytower, Mary Lane (above the new Westin hotel) and The Coterie in Fortitude Valley.

Body Corporate

At the time of publication, the Body Corporate fees were not available, although they are expected to be lower than average due to the environmentally-minded design and power saving strategies.

The Developer

CBUS Property are the developers of 443 Queen Street, with project marketing and sales by CBRE. CBUS Property is one of Australia’s leading property investors in the residential as well as commercial and industrial sectors. 443 Queen Street is CBUS Property’s only current Queensland development with the remainder located in New South Wales or Victoria.

Display Suite

443 Queen Street development is home to Australia’s first Cinematic Experience Centre. Located at 338 Queens Street, this sales suite is not a traditional display, rather offers interactive touch screens to provide potential buyers with walk-throughs on the video wall (complete with 24 individual screens). Entry to the Cinematic Experience Centre 11am until 3pm, Wednesday to Sunday or by appointment and is definitely worth checking out.

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