Gallery House – Riverfront Apartments in Bustling Portside Hamilton

By: Property Mash: April 8, 2017, Updated: August 6, 2018

  • 12 new two bedroom apartments with multi-purpose
  • Riverfront project with city views
  • Located in the heart of the Portside precinct
  • Close to first-class restaurants and bars
  • Range of apartment types and finishes to choose from
  • 164 apartments over 22 levels
  • One (1) bedroom apartments are priced from $362,000; two (2) bedroom apartments from $575,000; and three (3) bedroom apartments from $1.28 million
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Construction is yet to begin at Gallery House. Photo taken 10/10/2016.

Gallery House is a major new project in the Portside Precinct.  It is being delivered by Brookfield Multiplex who have played a key role in developing this new hub on Hamilton’s riverfront.

Gallery House is an absolute waterfront building of 164 apartments.  The project offers a range of different apartments finished to a variety of different levels, from compact one (1) and two (2) bedroom apartments in the ‘City Collection’ to spacious two (2) and three (3) bedroom apartments with great views in the ‘River Collection’ and all the way up to the impressive penthouses in the ‘Sky Collection’.

This is a truly large and impressive project with something on offer for everybody who wants to enjoy the metropolitan lifestyle that is on offer at Portside.

The Project:

Gallery House is a tall riverfront apartment tower that overlooks the CBD. Supplied by developer.

Gallery House is a tall riverfront apartment tower that overlooks the CBD. Supplied by developer.

The apartments at Gallery house are divided into three separate offerings. The City Collection are the entry-level apartments in this project. They are one bedroom and two bedroom, two bathroom apartments each with a single car space. Buyers should keep in mind that there is no on street parking at Portside, so car parks are a necessity at Gallery House.

The City Collection is located on the rear of the building and will not get any real river views. These apartments start at $362,000. The majority of apartments in the City Collection are offered at a bit of a premium when compared to wider Brisbane. However, we feel that given the prime location and high-end nature of the building that this in the end can be justified.

The next step up in terms of price and size is the River Collection at Gallery House. These are a range of two bedroom, two bathroom; three bedroom, two bathroom + MPR and three bedroom, two bathroom + MPR and powder room floor plans. All apartments in the River Collection are located on the front side of the building, meaning they will receive river views and they each have two car parks.

The top levels of Gallery House are home to the luxury Sky Collection. Supplied by developer.

The top levels of Gallery House are home to the luxury Sky Collection. Supplied by developer.

The Sky Collection at Gallery House offers penthouse and sub-penthouse floor plans that are on par with the best luxury apartments on the market across Brisbane. The floor plans are three and four bedrooms with powder rooms and MPR. All have two car parks as well. These apartments, at the higher levels of Gallery House, will have commanding views over the Brisbane River and CBD that will legitimately be quite special. Some of the balconies in this collection are up to 220m² which is outstanding. Considering the views and height of these decks, it is easy to imagine that they will create a special entertaining space in Brisbane.

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The rooftop infinity pool at Gallery House will have spectacular views of the city and river. Supplied by developer.

Honestly, there is no other way to say it – the resident amenities at Gallery House are cool. The designers did a really good job here. Taking inspiration from Brookfield’s previous project at Portside (Pinnacle), Gallery House has an infinity lap pool on the roof. The picture above gives you an idea of what swimming in this will be like. On top of this, there is an outdoor lounge area, BBQ area and a ‘sky-high’ oasis for entertaining.

Location:

Gallery House is located on the River at Portside in Hamilton. This is part of the larger Hamilton Northshore development area that the Queensland government has earmarked as a precinct for high-density development into the future. The area will truly become a busy, mixed-use precinct over the next 20 years. It is is one of Brisbane’s greatest urban redevelopment projects ever.

Over the past 7 or so years of development, Portside Wharf has really established itself as one of Brisbane’s premier residential precincts. It is a high density space that gives residents shops, restaurants, bars and cafes literally on their door step. Some notable businesses that are currently within the precinct include Pineapple Express Superfood Cafe, Byblos Restaurant and Bar, Sono Japanese Restaurant, Belvedere Restaurant, Max Brenner, Dendy Cinema, IGA, Jetts Gym, Studio Pilates and Fresh n Wild Fish. You also can’t forget the Eat Street Markets close by, which remain a hit with locals (and Brisbanites generally).

One potential downside of Portside Wharf is the fact that it acts as a cruise ship terminal that P & O Cruises use when they stop in Brisbane. This means that every few weeks, a massive cruise liner docks at the wharf (which is within 50m of Gallery House) and the people on board come into the precinct. This makes the area a bit busier than usual, however it is already a thriving hub so anybody that lives here will need to accept a certain level of noise and activity.

Portside Wharf is located in the Brisbane suburb of Hamilton, which is a premier housing suburb. It has a median house price of $1,100,000 and a median apartment price of $550,000. The houses in Hamilton are among the most impressive and opulent in Brisbane. Suburbs surrounding Hamilton include Ascot, Eagle Farm and Albion.

In terms of population, there are a total of 4,930 people living in Hamilton according to the latest Census data. It is interesting to note that the Queensland Government predicts that this suburb’s population will double over the next 20 years. Much of this population growth will be driven and supported by the development at Portside Wharf.

The closest bus stop to Gallery House is 300m away on Kingsford Smith Drive – meaning residents could walk there around 5 minutes. This stop has regular services into the CBD that take approximately 20 minutes. Brett’s Wharf Ferry Terminal is a 10 minute walk from Gallery House. A trip to the city from this stop on the City Cat takes 45 minutes. Given the level of new development in the area, it is highly likely that public transport to this precinct will evolve and grow dramatically in coming years.

This project is in the catchment for Hamilton State School, which is a 15 minute walk from Gallery House. Private Secondary Schools in the city are easily accessible from Gallery House by car, bus or ferry.

Quality and Finishes:

Overall, the level of finishes at Gallery House is quite high. The particular finishes that buyers will receive depends on which Collection they buy into. The Sky Collection has the highest level of finishes. This is followed by the River Collection and then the City Collection.

Photo of the kitchen inside the Gallery House sales display. Taken during our visit on 6/10/2016.

Photo of the kitchen inside the Gallery House sales display. Taken during our visit on 6/10/2016.

For a detailed review of each of the finishes packages at Gallery House, we recommend getting in touch with the sales agents who are happy to walk you through them. We will give an overview of what you can expect in each of these here.

A render of the kitchen, living area and balcony from an apartment in the City Collection - the entry level apartments at Gallery House. Supplied by developer.

A render of the kitchen, living area and balcony from an apartment in the City Collection – the entry level apartments at Gallery House. Supplied by developer.

In terms of appliances, the Sky and River Collections each come fitted with Miele appliances, whilst the City Collection will have Hafele appliances. All apartments have gas cooking and some level of integration with the appliances.  Naturally, the higher quality apartments have larger appliances.

Render of the kitchen and living are from a Sky Collection penthouse at Gallery House. Supplied by developer.

Render of the kitchen and living are from a Sky Collection penthouse at Gallery House. Supplied by developer.

The Sky Collections interior quality is amongst some of the best in Brisbane.  The bedrooms have custom built in robes, with the master bedroom having a custom timber walk in robe with plenty of drawers and hanging space.  The stone bench tops are designer reconstituted stone and the cabinetry is veneer.  These apartments also have home automation systems that allow for remote control of lights, blinds and air conditioning.  The tiled floors and roof are a great touch in these apartments, as is the full-height windows and doors which let in a huge amount of natural light.

Investment Analysis – Rent / Onsite Managers:

The most likely candidates for investment in this project are the City Collection. These are the more affordable one (1) and two (2) bedroom apartments without river views.

A rental appraisal shows that the one (1) bedroom apartments in the City Collection will likely rent for between $420 and $440 per week unfurnished, whilst furnished apartments could achieve between $495 and $520 per week.

The two (2) bedroom, two (2) bathroom apartments in the City Collection would be expected to rent for between $570 per week and $620 per week unfurnished. This figure would be $670 to $700 per week for furnished apartments.

Across the whole project, body corporate rates are quite reasonable considering the scale of the project and quality of the amenities. Granted, they are more expensive than your standard apartment project. But we would definitely say that they are lower than comparable apartment projects. A typical one (1) bedroom apartment at Gallery House would pay $3,857 each year in body corporate fees. For two (2) and three (3) bedroom apartments, this figure is $4,117 and $4,611 respectively.

Local Competition:

There are a number of new projects on the market nearby, however given the luxury nature of Gallery House and its waterfront location it is likely that it will be competing with similar high end developments across Brisbane.  Some of these include The Boatyard in Bulimba, Banyan Tree Residences in Kangaroo Point and Banc in Toowong.  The City Collection apartments in Gallery House would likely compete with other projects in the Portside Precinct such as Icon Hamilton and Oslo Apartments.

Developer & Builder Overview:

The developer for this project is Brookfield Multiplex. Founded in 1962 by the late John Roberts AO. The Multiplex Group began in Perth, Western Australia as a niche, family-run construction business. Over more than 40 years it grew to become one of Australia’s leading integrated property groups, responsible for some of the country’s most desirable residential, retail, commercial, sporting and industrial projects as well as the transformation of some of the world’s most admired city skylines.

In Australia, the Multiplex Group was acquired by Brookfield Asset Management in 2008 and Brookfield’s Australian operations now include commercial office, retail, construction and development, property management services and infrastructure. Brookfield’s Residential division comprises a number of different development companies around the world, ensuring customers benefit from Brookfield’s collective knowledge, skills and experience from award-winning projects in Australia, New Zealand and North America. Brookfield’s residential business in Australia adopted the name Brookfield Residential Properties in September 2010.

Sales Display & Contacts:

There is a fantastic sales display for these apartments that is open every day from 10am to 4pm.  It is located at 39 Hercules Street Hamilton.  You will need to park your car in the underground car park at Portside Wharf and turn right after you take the elevator up to the ground level.  The sales display will then be on your left.

The sales display.

The sales display.

There are sample kitchens and bathrooms in the display, as well as a model and examples of finishes an plenty of renders.

Interested in this project?

We would love to hear your thoughts on this project.

Have you visited this project recently, or perhaps you live nearby or bought in a neighbouring building? Tell us what you love about this project, or perhaps what you don't.

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Keith
Guest
Keith

what’s the application number of this project?

Cameron Black
Admin

Hi Keith – if you go to the Brisbane City Council Planning Site you can search for this Application and Approval – https://www.brisbane.qld.gov.au/planning-building/planning-guidelines-tools/online-tools/pd-online-resources