Positioned in one of Newstead’s most connected lifestyle pockets, this ground-floor apartment in Tower 2 of Newstead Towers offers an ideal balance of low-maintenance living and long-term investment confidence. The location places you moments from boutique cafés, acclaimed restaurants, Gasworks Plaza, the Teneriffe Riverwalk and excellent public transport options. Directly next door, the upcoming Little Italy precinct will introduce a vibrant mix of boutiques, bakeries, gelato bars, cafés and pizzerias, while the major Teneriffe Banks riverfront development is set to further elevate the area’s lifestyle and investment appeal.
Inside, the apartment features a well-considered open-plan layout that creates an effortless sense of flow between living, dining and outdoor areas. A study nook on entry provides added functionality, while the modern kitchen is complemented by quality appliances. The spacious bedroom includes built-in storage, and the bathroom incorporates a cleverly concealed laundry.
Strong Investment Appeal:
• Tenanted until April 2026
• Current rent: $600 per week
• Rental Appraisal: $650 - $680 per week
Outgoings (approx.):
• Body Corporate: $4,700 per year
• Council Rates: $2,100 per year
• Water: $1,190 per year
The location continues to deliver exceptional convenience, with cafés, restaurants, riverwalk access and transport all within a short stroll. Just as importantly, the upcoming $1.5 billion Teneriffe Banks development, led by Kokoda Property and set for completion in late 2028, is poised to reshape the area’s riverfront. With plans for luxury residences, premium dining and retail, a five-star Kimpton Hotel, wellness amenities and activated laneways, Teneriffe Banks will significantly elevate Newstead’s lifestyle offering and drive strong future demand.
For investors seeking secure returns today with outstanding potential for capital growth tomorrow, this apartment represents a rare opportunity. Its proven rental performance, premium walkability and position within one of Brisbane’s fastest-evolving suburbs make it a compelling choice for both seasoned and first-time investors.
Contact Phil today on 0447 048 961 or
[email protected] to organise a viewing or request further information.
Disclaimer:
Junction Estate Agents and its representatives have not independently verified the accuracy of the information, documentation, or property descriptions contained in this advertisement. The information provided has been sourced from third parties and is presented for marketing and general informational purposes only.
Junction Estate Agents makes no representation, warranty, or guarantee as to the accuracy, reliability, or completeness of the information provided. We expressly disclaim any liability for any loss or damage arising from reliance upon such information.
Prospective purchasers and tenants are strongly advised to conduct their own due diligence and investigations, including but not limited to legal, financial, and building inspections, prior to entering into any agreement.
Please note that images, floor plans, and videos may be digitally enhanced and may not accurately reflect the current condition, features, or dimensions of the property. We recommend all interested parties physically inspect the property and seek independent professional advice before proceeding with any transaction.
