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Reading: McNab’s $220 Million The Tannery Sells Nearly 60% Before Launch
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Brisbane Development > Project Type > Residential > McNab’s $220 Million The Tannery Sells Nearly 60% Before Launch
ResidentialWestern

McNab’s $220 Million The Tannery Sells Nearly 60% Before Launch

The Tannery - 439 Montague Road, West End QLD

Published: 5 August 2026
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Render of The Tannery apartments at 439 Montague Road, West End, with the restored heritage tannery wall
The Tannery at 439 Montague Road, West End, with the restored heritage tannery wall at its base. Artist’s impression supplied by McNab.
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McNab Group has sold close to 60 per cent of its $220 million project The Tannery in West End before public sales open, including a two bedroom apartment that has set a new suburb record at $2.57 million.

Fifty of the 87 apartments are now under contract at the heritage led development on Montague Road, which the developer says reflects demand for larger apartments built around wellbeing and design.

Render of The Tannery apartments at 439 Montague Road, West End, with the restored heritage tannery wall
The Tannery at 439 Montague Road, West End, with the restored heritage tannery wall at its base. Artist’s impression supplied by McNab.

Designed by Cottee Parker with landscape by Aspect Studios and interiors by Tom Mark Henry, The Tannery would deliver two, three and four bedroom residences across 11 levels on a 4,465 square metre site with western and southern views over the Brisbane River, about 10 minutes from the CBD. Construction is under way, with completion expected in the second half of 2027.

The centrepiece of the project is the adaptive reuse of the original Dixon’s Tannery, which has been retained rather than demolished and turned into The Retreat, a residents’ wellness club. It is set to include a sauna and steam room, hot and cold plunge pools, an outdoor shower and tropical seating, a large gym with cardio and weights zones, and a Pilates and stretch studio, alongside a private dining room, cinema, library and co working spaces.

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Render of The Retreat wellness sanctuary inside the original Dixon’s Tannery at The Tannery, West End
The Retreat, a residents’ wellness sanctuary created inside the original Dixon’s Tannery, beneath the heritage brick vaults. Artist’s impression supplied by McNab.

At The Tannery, we’ve deliberately invested in creating places where residents can move, unwind, work and connect every day, not just somewhere to live. That’s why we’ve transformed the original Dixon’s Tannery into The Retreat, a dedicated wellness sanctuary that sits at the heart of the community.

Michael McNab, Executive Chairman, McNab Group
Render of the heritage brick entry to The Tannery, West End
The heritage brick entry to The Tannery. Artist’s impression supplied by McNab.

Residents would also share a rooftop level with a pool, landscaped gardens, outdoor dining, a sunset lawn and dog friendly zones. The apartments are pitched at buyers wanting the space of a house in the sky, with oversized floorplans and access to a sought after West End school catchment, an offer the selling agent, Motiv, says has drawn both owner occupiers and investors.

Render of the rooftop pool and terrace at The Tannery, West End
The rooftop pool and terrace, with district views across West End. Artist’s impression supplied by McNab.
Render of an apartment living space opening to a balcony at The Tannery, West End
An apartment living space opening to a balcony and river district views. Artist’s impression supplied by McNab.

Cottee Parker principal Dee Passenger said the design set out to create a dialogue between old and new, keeping the site’s industrial heritage as a defining feature rather than a passing reference.

The easy option would have been to maximise the site’s development potential with additional apartments. Instead, McNab has chosen to preserve the original tannery as a shared wellness retreat, ensuring this important piece of Brisbane’s history remains at the heart of the community.

Dee Passenger, Principal, Cottee Parker

Sustainability runs through that reuse strategy. Working with the studio Five Mile Radius, materials salvaged from the original site are being repurposed through the development, including an original concrete slab that is being reworked into a water feature so the site’s history continues to be felt in the finished building.

Render of a kitchen and living area in a residence at The Tannery, West End
A kitchen and living area in one of the residences. Artist’s impression supplied by McNab.
Render of a bedroom at The Tannery, West End
A bedroom with views across the inner west. Artist’s impression supplied by McNab.

Alongside the launch, McNab announced a partnership with Queensland Ballet, whose home at the neighbouring Thomas Dixon Centre shares its origins with the Dixon family. McNab is backing the company’s world premiere production of The Nutcracker as a major partner, a tie up the developer frames as a natural fit between two restored heritage buildings on the same block.

Render of The Tannery above West End with the Brisbane skyline beyond
The Tannery above West End, looking to the Brisbane skyline. Artist’s impression supplied by McNab.

McNab Group executive chairman Michael McNab framed the strong early sales as a sign of confidence in Brisbane’s apartment market ahead of the 2032 Games, in a market shaped by population growth and constrained supply. The project is financed by St George Bank and backed by investor Mitsubishi Estate Asia. Public sales are now open, with prices reflecting the West End location and the wellness led offer.

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Project Rundown

Development ParameterProposed Development
Project NameThe Tannery
Address439 Montague Road, West End QLD
DeveloperMcNab Group
Development TypeResidential (apartments)
Site Area4,465 m²
Apartments87 across 11 levels (two, three and four bedroom)
Project Value$220 million
SalesNearly 60 per cent sold before public launch (50 of 87), including a $2.57 million suburb record for a two bedroom apartment
ArchitectCottee Parker
Interior DesignTom Mark Henry
LandscapeAspect Studios
BuilderMcNab Group (builder and developer)
FinancierSt George Bank
AmenityThe Retreat wellness club in the restored Dixon’s Tannery, plus a rooftop pool, gardens, sunset lawn, private dining, cinema, library and co working spaces
StatusUnder construction; completion expected in the second half of 2027
SustainabilityAdaptive Reuse: The original Dixon’s Tannery is retained and repurposed as The Retreat wellness club rather than demolished, keeping the site’s heritage in active use.
Salvaged Materials: Working with Five Mile Radius, materials from the original site are salvaged and reused through the development, including an original concrete slab reworked into a water feature.
Landscaping: Extensive landscaping by Aspect Studios, with rooftop gardens, a sunset lawn and dog friendly zones.
Energy, Water and Solar: These features are not detailed in the launch material.

Renders and project details are supplied by McNab Group. Sales figures and quotes are from the developer’s launch material. Images are artist’s impressions and subject to change.

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TAGGED:apartmentsAspect StudiosCottee ParkerMcNab GroupMotivQueensland BalletThe TanneryTom Mark HenryWest End

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