For Sale

47 Skyring Terrace, Newstead

47 Skyring Terrace, Newstead QLD 4006

Apartment

Type

235

Residences

Early 2034

Est. Completion Date

450

Parkings

Last updated on Thursday, February 26, 2026

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47 Skyring Terrace, Newstead QLD 4006 - More Details

Consolidated Properties Group has agreed to acquire the last remaining absolute riverfront development site in Brisbane’s blue-chip Newstead, unveiling plans to develop a landmark inner northern residential project that CPG says will be a signature building for the river city.

CPG has paid $64.5 million for the 9,368sqm site at 47 Skyring Terrace in an off-market deal from vendor Mirvac Group. The site is situated just 1.5 kilometres from the CBD and within walking distance to some of Brisbane’s best-known dining and retail destinations, including Gasworks and James Street.

The site features 47 metres of direct river frontage within one of the city’s most tightly held precincts. Zoned for Mixed Use, it has potential for up to 42,000sqm total floor space and a maximum building height of 25 storeys under the Brisbane City Plan.

CPG has lodged a development application (DA) in September 2025 with multi-award-winning architects, Woods Bagot.

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Consolidated Properties

Developer

Our Story

Consolidated Properties Group is one of Australia’s leading development companies. Our commitment to tenants and end-owners is to exceed their expectations and deliver valuable and positive property experiences.

45+ Year History

During our 45+ year history, Consolidated Properties Group has demonstrated unparalleled development expertise with a reputation for high quality, landmark projects.

Long held development partnerships and a repeat business rate of more than 90% enables us to be at the forefront of delivery. Our teams across each part of the business are accomplished problem solvers, they bring out the best in each other and consistently raise the bar on every project we work on.

Our team’s in-house expertise includes development management, project management, equity / debt raising, Government relations, environmental planning, sales & marketing, community consultation and body corporate management.

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47 Skyring Terrace, Newstead QLD 4006

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