Luxurious riverfront pad snapped up for $4.61m

A fabulous four-bedroom Brisbane property has sold for $4,610,000 in the latest noteworthy deal on the river city’s popular waterside.

Christmas certainly came early for the local Brisbane buyer after they secured the third-floor apartment last week.

The 302sqm pad perfectly embodies Queensland’s luxury city lifestyle, with a jaw-dropping north-easterly outlook across the Brisbane River towards Moreton Bay.

McGrath’s Brett Greensill negotiated the sale of the Newstead Terrace apartment and this transaction marks the latest in a line of sales in the same building for the Brisbane riverfront expert.

“It’s been finished to a really high standard and it has an epic 83sqm four-car lock-up garage,” he explains.

As well as its incredible views from every room, the apartment also features an opulent master suite and a 50sqm balcony complete with a built-in BBQ, just perfect for that Chrissie barbie!

“The apartment was purchased by local buyers who were already on the river but were looking to upgrade to a larger apartment,” Mr Greensill says.

Upon selling their home, the vendors of the property also opted to upsize to a larger nearby apartment.

Queensland’s capital is currently a hotbed of activity, with multiple deals in recent weeks indicating the market is in good health heading into the new year.

A four-bedroom riverfront apartment in Teneriffe was snapped up last month for $5.7 million within two weeks of going to market. It’s fair to say Brisbane’s waterfront is hot property right now!

Address

131/1 Newstead Terrace, Newstead, Qld 4006

Agents

Brett Greensil – 0410 506 695
Andrea Crossan – 0437 498 213
McGrath New Farm

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