70 new homes bound for Gabba precinct in lead-up to 2032 Games

A collection of 72 premium apartments is coming to East Brisbane, with a design that takes cues from an iconic Queensland plant.

The 10-storey tower at 169 Wellington Rd is named the Banksii: named after the Grevillea Banksii, which can be found right across the road in Raymond Park.

Designed by Mas Architects, managing director Nick Symonds said the building’s look was created with its views of nature and the Brisbane River in mind.

An artist’s impression of the exterior of ‘Banksii’ by Mas Architects. Image supplied.

“The screen elements on the front facade … they reference the flower in terms of its symmetry and its softer elements,” he said.

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“We really just designed the building to reflect that viewpoint and connect back to the park.”

The building sits on a 1619 sqm block, and features one-bedroom, two-bedroom and three-bedroom offerings for residents.

Developed by Vector Property Group, rooms will have a subtropical design and a focus on natural light, along with outdoor living spaces for time under the sun.

“[There’s] a real focus on new lines and opening up interiors to the outside,” Mr Symonds said. “I think the indoor-outdoor feeling is obviously a reflection of our Queensland lifestyle, where we like to dine and BBQ outside.”

An artist’s impression of the view from the rooftop of ‘Banksii’, which is bound for East Brisbane. Image supplied.

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In addition, residents will be able to share gym and rooftop facilities proposed by the developer, which include a swimming pool, pool deck, bar and alfresco dining spaces.

“Even with apartments that don’t look back onto the city, they also get the opportunity to see the roofline and experience that in those communal spaces,” Mr Symonds said.

A retail offering will also be present on the ground floor, expected to be a coffee shop.

Mas Architects managing director Nick Symonds said it was another step to shaping Brisbane for the future Olympic Games, along with the swan song of the nearby Gabba Stadium.

“Banksii is a statement project that reflects our ambition to help shape Brisbane’s evolving residential landscape,” Vector Property Australia joint managing director Rhett Williams said. “As our third project in Brisbane, it reflects the growing appetite for affordable luxury apartment living in the city’s expanding market. We see strong demand from buyers who want location, lifestyle, and considered design, and Banksii delivers on all three.”

Mr Symonds said it was one of many developments helping to reshape the spaces around the iconic Gabba Stadium, in advance of its swan song during the 2032 Olympic Games.

“It’s going to diversify and become a home for many new people, and it’s going to bring a lot of new opportunities,” he said.

Nine one-bedroom units, 36 two-bedroom units and 27 three-bedroom units will be available to purchase when the project goes to market.

Construction is estimated to start later in 2025, with an expected completion at the end of 2026.

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