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Brisbane developer Red & Co has begun construction of the first stage of its $800 million Duet Portside development in Hamilton, marking a significant milestone in the project’s phased delivery.
The 25-level tower, known as Duet Porta, is valued at $350 million and is set to deliver 200 premium residences to the inner-Brisbane riverfront precinct.
Red & Co has appointed 5Point as project builder with the targeted completion date set for the second quarter of 2028.
Duet Porta forms the first stage of the broader two-tower Duet Portside development earmarked for a 7,500sqm site at 11–23 MacArthur Avenue.
Red & Co director and co-founder Keiran Foster says the construction start is a significant milestone for the project, reflecting the group’s confidence in the Brisbane market, particularly for premium apartments in inner-city locations.
“The appointment of builder 5Point to deliver Duet Porta provides an important layer of certainty in the current construction environment, with completion scheduled for Q2 2028,” says Foster.
“Securing an experienced builder is critical in the current market, and 5Point brings a strong track record in delivering residential projects of this scale.”
Foster describes Northshore Hamilton’s Portside as one of Brisbane’s most established lifestyle-rich precincts.
“Opportunities to deliver new premium apartments in this location are increasingly limited,” he says.
“Our focus has been on delivering design-led luxury apartments that respond to the riverfront setting, supported by extensive wellness amenities, while meeting the expectations of owner-occupiers seeking quality, space and long-term value.
“A key design priority for Duet Porta is incorporating considerable lifestyle wellness amenities with the rooftop level featuring a 25m swimming pool, leisure BBQ and dining spaces overlooking the Brisbane River and the city skyline, complemented by a gymnasium with sauna and residents’ lounge on level six.”
Designed by Plus Studio, Duet Porta will offer a mix of one-, two-, and three-bedroom apartments, including two-bedroom plus multi-purpose room and three-bedroom plus multi-purpose room configurations.
Apartments, which are priced from $1.045 million, are designed to appeal to a broad buyer demographic, from first home buyers, local downsizers, and owner-occupiers to interstate purchasers, reflecting what Red & Co says is the broader shift in demand towards “amenity-rich apartment living”.
Adrian Parsons, managing director of marketing agent TOTAL Property Group, says the start to construction will be a key driver of buyer confidence in the current cycle.
“Brisbane’s residential market has recorded sustained growth, underpinned by strong population increases, relative affordability and continued infrastructure investment,” says Parsons.
“We are seeing a clear shift towards apartment living, particularly from downsizers and owner-occupiers seeking high-quality residences in established, amenity-rich inner-city locations, with Duet Porta designed to align with that demand.
“Compared to southern markets, Brisbane continues to offer compelling value, which is driving increased interest from interstate buyers, particularly from Sydney and Melbourne, especially in the lead up to the 2032 Olympic Games.”
Red & Co has delivered 26 residential projects across Brisbane over the past decade, recently expanding into the Gold Coast with the Como Varsity apartment project which is also being built by 5Point.
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