Brisbane penthouse within the wellness-focused Luminare apartment and health complex has hit the market with a $20 million price guide, which, if achieved, would be the Queensland capital’s most expensive apartment ever sold.
Designed with a focus on health, beauty and wellness, the penthouse’s price-tag reflects consecutive years of strong growth in the Brisbane market, as well as the premium now placed on life-extending and enhancing features integrated into residential construction.
While Brisbane’s house-price record was recently raised to $25 million after the sale of a New Farm riverfront mansion, the apartment record stands at the $17.5 million paid by Rich Lister coal baron Matt Latimore for a New Farm penthouse purchased from fund manager Ben Cleary.
Another penthouse in Newstead’s Pier development was sold by owners, retired company director Howard Stack and his wife Hilary in late 2024. While early reports speculated the four-bedroom sky home on Newstead Terrace sold for near $20 million, last year’s settlement show the luxury apartment traded for $16 million.
Now, the four-bedroom Luminare penthouse overlooking Brisbane’s CBD is vying for the title of Brisbane’s most expensive apartment. The penthouse comes with an alfresco entertaining zone with quartz ‘summer kitchen’ and a hot and cold plunge pool.
There is a soundproof home office, travertine gas fireplace, and in lieu of a typical walk-in-robe, the master suite comes with a 45-square metre “dressing gallery”, a stone island dresser and a built-in Casoro safe.
Developed by Damien Cavallucci’s Cavcorp, the just-launched penthouse occupies half a floor of the Luminare building, which is built around TotalFusion, Australia’s largest premium health and wellness club.
Residents can partake in the facility’s array of cutting-edge wellness features including a hypoxic altitude chamber, inclined Kilter Board climbing wall, saunas, flotation tanks, a hyperbaric oxygen chamber and a salt cave for halotherapy.
The penthouse is listed with Cavale’s Ari Shahbazifar. Learn more here.
