Quay Waterfront Newstead rooftop. Source: Image supplied.
  • Quay Waterfront Newstead apart of Mirvac's $1B Brisbane development
  • Quay will feature 142 residencies priced from $382,000
  • Strong sales have prompted Mirvac to bring forward planning for the next apartment release

The Brisbane riverside development, Quay Waterfront Newstead is the latest development to make a debut in Mirvac’s $1 billion Waterfront Newstead community.

Quay has already sold more than $95 million of apartments prior to its official launch, to a waiting list of buyers.

Quay will feature a total of 143 residences, including one, two and three-bedroom apartments priced from $382,000 and expansive three and four-bedroom sky pavilions from $2.925 million.

It will feature lush landscaping up its entire 25-level façade, with construction anticipated to commence in the coming months.

Quay Waterfront Newstead Exterior – artist impressions

Source: Image supplied.

Mirvac Head of Residential Stuart Penklis said there had been significant demand for the premium riverside apartments, which were located on a prime site at 57 Skyring Terrace, at the gateway to the Waterfront Newstead community.

“To have the apartments be so well received is a huge achievement and testament to the design and quality of Quay,” he said.

“From the moment we started work on the sales centre we were inundated with enquiry and had a waiting-list of buyers, with sales predominately made to those already living in the local area or who had purchased or lived in a Mirvac community previously.

“We expect the high interest will continue now the apartments are officially released, with demand for premium property in Brisbane remaining extremely strong – particularly for lifestyle destinations such as Quay, which enjoys a position alongside the Brisbane River, just two kilometres from the CBD and surrounded by vibrant cafés, restaurants and retail.”

Designed by award-winning architects Mirvac Design and landscape architects RPS, Quay features Queensland architecture with expansive north-east views of the Brisbane River and greenery up the façade and spilling over balconies, which Mirvac describes as giving the “sense it is a ‘park within a park’ and extension of neighbouring Waterfront Park.”

Residents will have access to on-site amenities, including one of Brisbane’s largest rooftop entertaining areas complete with a 25-metre infinity-edge pool. They will also have access to a shared penthouse-style kitchen and dining space with views across the Brisbane River, a ground-level wellness retreat, including a yoga studio, and an onsite concierge.

Quay follows on from Mirvac’s highly successful previous stages at Waterfront Newstead – Pier, Park and Unison.

The strong sales have prompted Mirvac to bring forward planning for the next apartment release at Waterfront Newstead, with the developer now taking registrations of interest from prospective purchasers.




You May Also Like

$500M residential development approved for former University of Melbourne site

The former University of Melbourne Hawthorn Campus is making way for 350 boutique apartments.

Growing market: childcare facilities investment developing

Recent changes to Child Care Package subsidies, as well as govt support of childcare as an essential service, will be another growth driver.

West Perth’s CBD leading the move towards growing employment nodes

Markets which were not hampered with the same level of lockdown, such as Brisbane and Perth CBDs, have improved their occupancy.

Top Articles

PropertyGuru Asia Property Awards (Australia) returns for its 7th edition, including several brand new award ...

This year's awards include several brand new categories, with entries closing 2 August 2024.

Housing crisis survival guide: How to buy your first Australian property

Three property experts give the low down on how to nab a home in this tough housing market.

Strata properties as investments: All you need to know about investing in a Perth unit

As the cost of renting approaches the cost of a mortgage, more people are investing in units to escape the rental trap.