Information supplied by Metro Property
An outstanding new opportunity enters the frame
If you could create a spectacular investment, it would be the perfect blend of location, luxury and lifestyle. Enter Newstead Towers. Strategically located in the River City’s flourishing Gasworks precinct, Newstead Towers is the development Brisbane has been craving. The epitome of 21st century living, its stunning twin towers will raise the bar higher than it has ever been before.
“Perfectly positioned” perfectly sums up Newstead Towers. On the city side of the landmark Gasworks precinct, it is within easy walking distance to the shopping delights of The Emporium and James Street. Literally just up the road from the famed Fortitude Valley dining and entertainment district. And a short bus, taxi or invigorating City Cat ride to the very heart of the CBD. At highly accessible Newstead Towers, you’ll truly have the world at your feet.
Standing like two sentinels guarding the approach to the city from the north east, Newstead Towers is destined to achieve icon status. Encompassing 314 of Brisbane’s finest new apartments – in spacious one, two or three-bedroom configurations – it boasts features and facilities rarely seen in such an affordable mixed use project. Superb residential. Boutique retail. And at its heart, a sub-tropical paradise.
As well as the ubiquitous pool, gymnasium and barbecue facilities, Newstead Towers has some unique touches to take luxury urban living to the next level. Its own exclusive beach featuring a delightful beachside Teppanyaki bar. An exquisite yoga lawn to help free your mind, refresh your soul and strengthen your body. Lush landscaping seamlessly stretching to verdant vertical gardens. With exciting in-house shopping and dining to complete the picture.
The perfect location leads to the ideal lifestyle. Be it business as usual or unbridled pleasure, you or your tenants will want for nothing. Extraordinary shopping, dining and entertainment facilities spread in an ever-increasing circle, from Gasworks Plaza through the vibrant Valley and Chinatown, right into the pulsating CBD core. Marvellous green spaces. Reliable transport. Access to all areas. The ultimate Brisbane lifestyle.
Just under 3km to the Brisbane CBD and a fifteen-to-twenty minute drive to both the International and domestic airports, Newstead is more than simply a highly desirable area in which to live, it’s also one of the city’s most accessible suburbs.
Newstead Towers residents will live in very close proximity to a variety of transport options including the popular CityCat, regular City Glider bus services to the Valley, City and West End, and train services from either Fortitude Valley or Bowen Hills train stations. They will also enjoy the accessibility to the River boardwalk and the iconic Newstead Park, as well as numerous cycle paths.
Furthermore, being close to all the new road infrastructure such as the Clem 7 and Airport Link tunnels, as well as the Inner City Bypass and Gateway Bridge, you can be anywhere north, south, east or west of the city – including the Gold Coast and Sunshine Coast – in short time.
Newstead embraces all the principles of successful investment, namely population, infrastructure and employment. $8 billion dollars is currently being spent on transport and education infrastructure, while a further $2 billion was poured into the Newstead Riverpark project. With white collar employment growth expected to drive residential demand and a projected 103,700 new jobs forecast by 2031, it is little wonder then that:
• New apartments in Newstead are showing rental premiums of around 31% over the postcode median rent,
• Newstead Catchment has shown 20.7% growth in the median apartment price over 2013,
• Newstead’s median apartment sale price has increased by over 20% in 2012/13, and
• Median apartment prices are 61% higher than the Brisbane LGA.
Disclaimer: information supplied by Metro Property. While due care is taken, the viewpoints expressed by contributors and/or sponsors do not necessarily reflect the opinions of Your Investment Property.
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