Parkland and River Views with Resort-Style Amenities in the Heart of Newstead

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1202/ Festival Place, Newstead QLD 4006

Offers Over $1,100,000

Search Band Search Visibility Band

$1.1M - $1.16M Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 2 Beds 2 Baths 1 Car 116 m²

Listed: yesterday

Overview

Elevated twelve floors above Newstead's vibrant streetscape, this thoughtfully designed apartment offers sweeping views across Waterfront Park, the city skyline, and glimpses of the Brisbane River, providing a serene yet connected urban living experience. As part of an acclaimed residential development, the residence integrates contemporary design with functional living spaces.

The spacious living and dining area is filled with natural light streaming through large windows and opens to a generous covered balcony, perfectly suited for entertaining or enjoying the dynamic vistas day and night. Neutral tones and soft carpeting create a warm and inviting ambiance throughout.

The kitchen features dark stone surfaces contrasted by cabinetry for a sleek modern appearance. It boasts a waterfall breakfast bar with a double stainless steel sink and premium Miele appliances, including an electric cooktop, oven, and dishwasher, supported by ample storage and stylish lighting to cater to both casual meals and gourmet cooking.

Well-considered separation between the two bedrooms enhances privacy; the master suite benefits from direct balcony access, a walk-in wardrobe, and a private ensuite. The second bedroom includes its own walk-in wardrobe, a study nook, and easy access to the main bathroom. Added conveniences include a dedicated home office, concealed laundry, extra storage options, ducted air-conditioning, and secure parking.

Residents enjoy premium amenities such as a heated 25-metre swimming pool, landscaped gardens, covered barbecue and entertaining areas, a fully equipped gym, and an exclusive residents' lounge. This combination of lifestyle features makes the property especially appealing to professionals and those seeking a balanced home environment enriched with recreational opportunities.

Located in one of Brisbane's most sought-after riverside enclaves, Waterfront Park and the riverfront paths encourage an active lifestyle, while nearby Gasworks Plaza and other precincts offer diverse dining, shopping, and transport links. The apartment represents an excellent proposition for those wanting an upscale apartment with direct access to urban conveniences and natural beauty.

Local Market Insights

In Newstead, Quiet Listings observed 52 new apartments entering the market over the last 30 days, up from 38 during the previous 30-day period, with an average advertised asking price of $867,269. The property type mix of listed properties is predominantly Apartments at 81%, followed by units (11%), and commercial properties (4%). The most active agency for apartments in the Newstead area is currently Ray White, representing 21% of new listings, followed by Rissman Property with 13%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.