NewStead Towers Brisbane

39 Longland Street, Newstead Web Reference: PROP3760
  • Property size 1 Car park
  • Property size 1 Bedroom
  • Property size 1 Bathroom
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NewStead Towers Brisbane.
Real Estate Australia.

NewStead Towers Brisbane – with the Gasworks Newstead as its unmissable centrepiece, the master-planned Newstead Riverpark precinct will incorporate some of Brisbane’s most sought after residential apartments, boutique retail and leisure outlets, spacious, contemporary A-grade offices and a vibrant plaza that will anchor this vivacious new community. Comprising some 17 hectares, the masterplanned site will be an eclectic blend of heritage listed Dalgety Woolstore apartments, grand historic homes restored to their former glory, as well as luxury riverfront apartments. It is destined to become one of Australia’s most prestigious addresses.

Site Location and Map of Newstead Towers in Brisbane.

Newstead ToNewstead Towers with Gasworks Newstead as a Centre piece will be the most sought-after prestigous addresswers with Gasworks Newstead as a Centre piece

Newstead Towers Brisbane with Gasworks Newstead as a Centre piece will be the most sought-after prestigous address

 PROJECT NAME :  NewStead Towers, Brisbane.
 LOCATION:  39 Longland Street, Newstead.
 DEVELOPMENT MATRIX:  Two tower multi-unit residential development with ground floor retail over 14 storeys.
 NO. OF APARTMENTS:  314 Residential units as follows: 157 x One bedroom apartments 79 x Two bedroom,
one bathroom apartments 76 x Two bedroom, two bathroom apartments
2 x Three bedroom apartments Retail/commercial area 1 x Retail tenancy on ground floor
– total of 174 m².
 PARKING:  Residential x 316 Visitor x 28 Retail x 4 Total = 348 Motorbikes x 24 Bicycles x 202.
 LIFTS:  2 x passenger lifts per tower (4 in total) DEVELOPMENT VALUE: $170 million.
 SITE SIZE:  4,194 sqm.
 TOWER’S DESIGN:  Basement x 2 Podium Levels 1-3 Tower Levels 4-14.
 RESIDENT AMENITIES:  Beach, Yoga Lawn, Vertical Gardens, Gymnasium and Teppanyaki Bar.
 TIME FRAME:  Construction start forecast for November 2014.
Anticipated completion forecast for April 2016.

 

Why invest in this Australia property in Newstead Tower in Brisbane?

  •  A 24% plus premium is recorded for apartment rentals in the post code covering Newstead (4006), for both one and two bedroom properties – $385 pw and $490 pw respectively.
  • New and near new product is indicating premiums of 31% over the Brisbane LGA average.
  • The average vacancy rate in 4006 has been 2% over the past 4 years – 2.1% in Brisbane for the September 2013 quarter.
  • 100,000 new jobs will be created by 2031 in the CBD and the northern inner Brisbane area that covers Newstead according to Urbis.
  • NEWSTEAD - Currently offers 5,244 jobs, forecast to grow to 7,287, a growth of 1.7% = Total 2,043 new jobs.
  • BOWEN HILLS – Currently offers 9,607 jobs, forecast to grow to 22,211, with growth of 4.3% = 12,604 new jobs.
  • FORTITUDE VALLEY - Currently offers 18,869 jobs, forecast to grow to 32,362, with growth of 2.7% = 13,493 new jobs.
  • BRISBANE CBD - Currently offers 156,545 jobs, forecast to grow to 222,178, with growth of 1.8% = 65,633 new jobs.

source: Urbis Outlook Newstead report February 2014.

Brisbane apartments in perspectives for Newstead Towers Brisbane.

Newstead Towers with spacious living

Newstead Towers with spacious living.

 

NewStead Towers in modern living quarters

NewStead Towers in modern living quarters.

 

NewStead Towers Brisbane in serenity.

NewStead Towers Brisbane in serenity.

Floor plans of Newstead Towers Brisbane.

Typical floor plan of 1 bedroom in Newstead Towers Brisbane.

Typical floor plan of 1 bedroom in Newstead Towers Brisbane.

 

Typical floor plan of 2 bedrooms in Newstead Towers Brisbane.

Typical floor plan of 2 bedrooms in Newstead Towers Brisbane.

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