Positioned in one of Newstead’s most connected lifestyle pockets, this stylish apartment in Tower 2 of Newstead Towers offers an ideal balance of low-maintenance living and long-term investment confidence. Its location places you moments from boutique cafés, acclaimed restaurants, the vibrant Gasworks Plaza, the leafy Teneriffe Riverwalk and excellent public transport options. With Newstead set to benefit from the major transformation of the riverfront through the upcoming Teneriffe Banks precinct, the future of this address is even more compelling.
Inside, the apartment features a spacious open-plan layout that creates an effortless sense of flow between living, dining and outdoor areas. The modern kitchen is appointed with stone bench tops and quality appliances, while the generously sized bedroom includes built-in wardrobes. Air-conditioning throughout ensures year-round comfort, and the private balcony provides the perfect setting for morning coffee or a relaxing evening wind-down. A secure car space and access to well-maintained resident amenities further enhance the appeal.
Strong Investment Appeal:
• Tenanted until August 2026
• Current weekly rent: $600 per week
Outgoings:
• Body Corporate: approx. $4,700 per year
• Council Rates: approx. $2,100 per year
• Water: approx. $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.
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