What $4.5 million can get you in today’s luxury property market

Five ultra-luxury residences are being offered to homeowners looking for “the best view in St Lucia” – provided you have at least $4.5 million.

The luxury project ‘Vellora’ has had $22 million in funding, with each property on the highly elevated space offering 180 degree views over Brisbane.

With pre-construction underway, each home is planned at more than 300 sqm in size, with unique differences from home to home.

‘Vellora,’, a new residential development in St Lucia, will offer tall multistorey homes with a view over brisbane, for between $4.5 and $5 million.

Developer Grubir Sidhu took the project on as his first development, and worked with a tight-knit team to navigate the complexities of building on a sloped plot of land.

“When I looked at this site, I said, this deserves something grand, something really nice, something beautiful,” he said. “I learned very quickly to try and build a good team around you … I quickly surrounded myself with some people who could answer questions I had, and possible solutions.”

The developer recruited a team of experts for his ambitious first project, including architect Rafael Contreras.

The building was designed to have a striking image no matter the angle, whether from above or below.

Aimed at wealthy buyers from professionals to empty nesters, residences will range from $4.5 million to $5 million in price.

Each home will contain four levels, three bedrooms, two and a half bathrooms, a study, a three-car garage and even a private elevator.

Finally, each residence has a private rooftop retreat, bordered by a garden terrace to conceal the plunge pool sitting beneath the night sky.

Each residence has its own private rooftop, so residents can take a dip while admiring the view towards Brisbane.

The homes were designed by acclaimed architect Rafael Contreras, who set to make the home look like a living sculpture – “a rock formation forming organically from the land”.

“The power that architecture has is to connect with people,” Mr Contreras said, and added it inspired his team to create a ‘fifth facade’ that gives the residences a unique look from above.

“We wanted these homes to look just as striking from the air as they do from the street,” he said.

The homes are being built by Winacres Property Group, with construction set to be completed in the middle of 2026.

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