MEDIA RELEASE
Kokoda Property boosts Ruby Ruby in Milton with extra storeys in response to popular demand, securing yet another development approval.
Award-winning luxury property developer Kokoda Property has announced the addition of four extra levels to its highly sought-after Ruby Ruby project in Milton, Brisbane, following an overwhelming response to its mid-2023 launch, which saw 80 percent of dwellings sold.
In response to the high demand, Kokoda Property has received development approval for a new enhanced scheme including an additional 34 apartments across four new levels, with 2 one-bedroom apartments, 24 additional two-bedroom apartments starting from $764k and an additional eight, three-bedroom apartments starting at $2.3m, now available for purchase.
Located at 12-18 Crombie St, Ruby Ruby now features 178 meticulously designed, high-end luxury apartments spanning 26 storeys.
The pinnacle of luxury living is embodied by the Ruby Ruby Penthouse Collection, featuring eight sub-penthouses and four penthouses, with prices starting at $3.75m.
This expansion comes amid a strong market rebound, with home values in Brisbane rising over 16.3 percent in the past year. Experts attribute this growth to several factors, including the upcoming 2032 Olympic Games, which are expected to drive over a decade of infrastructure development and population increases. Additionally, Brisbane’s affordability, job growth, and lifestyle appeal continues to attract interstate migration, making Brisbane a prime location for luxury living.
Kokoda Property Founder and Managing Director, Mark Stevens said the addition of extra storeys to Ruby Ruby marks a significant milestone for the developer, and further enhances the project’s impact on elevated living in Milton, with the vibrant community embracing Brisbane’s newest and most prestigious address.
“Kokoda’s vision for Ruby Ruby has always been to create a standout collection of prestigious residences decorated with a subtropical-inspired design like no other. Ruby Ruby adhering to its goal of offering a new level of sophistication and witnessing the growing appetite for Brisbane luxury apartment living is incredible,” said Mark.
Amenities on offer include a sprawling rooftop infinity pool, thoughtfully landscaped BBQ areas and deck, floating daybeds, cabanas, cosy fire pit, elegant private dining and bar space, state-of-the-art private cinema lounge, billiards room, versatile meeting rooms and a convenient dog wash facility. Residents will also have access to a rejuvenating health and wellness centre, complete with a sauna, spa, plunge pool, a tranquil yoga studio and a fully equipped gym to enhance their overall wellbeing.
Ruby Ruby construction commences Q4, 2024, and is tracking for completion in 2026.
Discover luxury living at Ruby Ruby, Milton, offering luxury 1, 2, 3-bedroom, and Penthouse Collection residences available for sale now. For more information visit www.rubyrubymilton.com.au
