Announced

Capella Residences Brisbane

Capella Residences Brisbane is Australia's first Capella-branded residential project, developed by Verso Projects on the heritage-listed Shafston House estate on the Kangaroo Point riverfront in Brisbane.

Official Website
Verified Sep 29, 2026~3.2 yrs to delivery
AnnouncedBreaking GroundConstructionOpening SoonNow Open
2029
Completion
51
Units
25
Floors
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Details

23 Castlebar Street, Brisbane. 25 floors and 51 residences. Completing 2029.

The story so far
Announced 2026 est.Capella Hotel Group and Verso Projects unveil Australia's first Capella Residences at Shafston House, Kangaroo Point, for 2029 delivery
hospitalitynet.org
Sales launched Jul 2026Private sales appointments opened alongside the Capella launch, with three-bedroom homes from A$8 million and a display suite planned for late 2026
hospitalitynet.org
Unveiled Jul 8, 2026Capella Hotel Group and Verso Projects revealed Australia's first Capella branded residences on the heritage Shafston House estate, 51 homes over 25 levels
hospitalitynet.org
Expected opening 2029
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
Supply pressure 55 · ElevatedBrisbane marketMarket →
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About the project

Capella Residences Brisbane is Australia's first Capella-branded residential project, developed by Verso Projects on the heritage-listed Shafston House estate on the Kangaroo Point riverfront in Brisbane. Designed by Kerry Hill Architects, the 25-level, 90-metre tower holds 51 two-, three- and four-bedroom residences and stands as the second Capella Residences worldwide after Seoul. The scheme restores and reimagines Shafston House, which has occupied the riverfront site since 1851, and repurposes the historic Postal Depot Building as a guest house. Residents get the Capella Living Room, a concierge-led communal space drawn from the group's hotels, alongside landscaped gardens, six swimming pools and wellness and recreation facilities. The wider estate adds two riverfront homes, a six-berth private marina, a porte cochere arrival, secure basement parking and a new stretch of public riverwalk along the Brisbane River.

Developer & design
The Brisbane market 55 · Elevated supplyKangaroo Point 7-project pipeline · 2,935 residences and keys · peak Late ’27 Explore the market →
Common questions

Frequently asked

Where is Capella Residences Brisbane located?

Capella Residences Brisbane is located in Brisbane.

When will Capella Residences Brisbane be built?

Capella Residences Brisbane is an announced development that has not yet started construction, targeting completion in 2029.

Who is developing Capella Residences Brisbane?

Verso Projects is the developer behind Capella Residences Brisbane.

Who designed Capella Residences Brisbane?

Capella Residences Brisbane was designed by Kerry Hill Architects.

How big is Capella Residences Brisbane?

Capella Residences Brisbane rises 25 stories with 51 residences.