The Ambrose to Welcome Two New Tenancies

The two retail spaces within Kokoda Property’s newly constructed Milton apartment complex, The Ambrose, will soon be occupied by two exciting businesses.

Ardo’s, a small-format wine bar concept affiliated with City Winery, and Club Pilates, a high-energy, science-based fitness destination offering 40-minute workouts, have signed leases for these 90 sqm and 100 sqm spaces located at the ground level of the McDougall Street tower, respectively.

The Ambrose to Welcome Two New Tenancies
Photo Credit:  Kokoda Property /

The area will benefit significantly from these leases, according to Ishbel Jones, a Senior Executive in Retail Leasing at Colliers Queensland.

She noted that Milton’s expanding popularity may be attributed to its easy access to the CBD, practical transit alternatives, and its close proximity to a variety of entertainment options, particularly the neighbouring Suncorp Stadium.

“The emergence of Milton as a popular precinct owes to it being a natural extension of the CBD and close to transport and entertainment, in immediate proximity to Suncorp Stadium,” Jones said.

“Nationally, we are seeing a real scarcity for quality retail locations, with demand and enquiry from both local and interstate operators at a high.”

Colliers Queensland Executive Retail Leasing Chloe Lonergan said, “Milton’s riverside is one of the highest density employment areas in Brisbane, benefiting from its close proximity to the CBD and accessibility, Milton is emerging as one of Brisbane’s fastest growing suburbs.

“The local community will be able to enjoy the popular Ardo’s winery, which has already established its success in the suburbs of Newstead, Hawthorne and Graceville. We look forward to seeing the ground floor come to life with the synergy of these tenants and watch the uplift of activity on McDougall Street unfold.”

Following the successful conclusion of their Chester & Ella project in the adjacent Newstead area, Kokoda’s first project in Milton is The Ambrose which comprises 175 apartment units. The Ambrose boasts of a health and wellness centre and private dining spaces plus an infinity pool.

Both Ardo’s and Club Pilates are currently in the process of outfitting their spaces and are expected to open their doors to the public later this year.

Published 3-September-2023

The Ambrose Luxury Residential Tower to Rise in Milton in 2022

Construction has been underway for The Ambrose, a new $150 million residential luxury tower set to rise with 19 storeys on McDougall Street in Milton.

The building is the second Brisbane project for Kokoda Property after Chester & Ella apartments in Newstead. Kokoda re-hired Hutchinson Builders to build The Ambrose, which has an expected completion in 2022. 

“The selection of Hutchinson Builders, being Australia’s second-largest residential builder, means that purchasers at The Ambrose can not only have every confidence that the project will be delivered reliably on schedule, but to a standard of workmanship that they can be truly proud of,” Kokoda’s founder Mark Stevens said. 

Photo Credit: Kokoda Property

“The Brisbane property market has faired comparatively well amidst the headwinds of 2020, and with falling residential supply over the last four years we are optimistic that The Ambrose is launching at an opportune time to take advantage of what we anticipate to be a strong market rebound.”

The Ambrose has been designed by Cottee Parker with 181 units, its own cinema centre, a gym and rooftop pool. The site will also have 14 units eligible for disability housing, in compliance with the Disability Discrimination Act of Australia. 

Photo Credit: Kokoda Property

The price range per unit is expected to fall between $400,000 to $2 million, depending on the number of rooms. 

The construction project itself, however, has been projected to generate 500 local jobs.

The Ambrose is located near the Miton Station and several cultural sites like the QPAC and the GOMA.