Spyre Pushes Ahead on Record-Setting Moray House

South-east Queensland luxury developer Spyre Group has tapped Contrast Constructions to spearhead the development of its six-apartment Moray House development.

Demolition work was already under way on the site after the record sale of its two-level penthouse for $15.75 million this year. 

Spyre Group managing director Daniel Laruccia said Contrast Constructions had a proven record of delivering architectural homes and had the expertise to build the Bureau Proberts-designed residences at 65 Moray Street in Brisbane’s well-heeled New Farm. 

“We needed a builder experienced in crafting exceptional, stand-alone residences so we could capture this in Moray House,” Laruccia said. 

“Their experience in leading multi-residential developments such as Azure’s Eton Edition, further solidifies confidence, and lends itself to the level of luxury planned for Moray House.”

The project would comprise six full-floor apartments ranging from 324sq m to 797sq metres with views over the Brisbane River. 

▲ Spyre Group has tapped Contrast Constructions to deliver its luxury six-apartment project at New Farm.

The luxury interiors include Chambord stone, European oak herringbone flooring and bespoke timber joinery. The building would also include a lap pool, wellness rooms and personalised gyms. 

Spyre Group director Andrew Malouf said Contrast Constructions was “the right fit to help Moray House make its mark”.

“Contrast has mastered their interpretation on opulent builds in Brisbane, and understand how to take design briefs beyond expectations,” he said.

The apartments are expected to sell for more than $10 million and construction is expected to be complete in 2025. 

Spyre Group is marketing its riverfront apartment tower, Arc, at Toowong and has filed plans for a slender tower at Burleigh on the Gold Coast. 

Meanwhile, Brisbane’s most expensive apartment has been listed in Newstead, with price expectations in excess of $18.5 million, according to Ray White’s Matt Lancashire. 

The 1060sq m apartment atop Mirvac’s Pier development sold for $14.25 million in 2008 and is expected to become the city’s most expensive home.