Residential
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BRISBANE’S best riverfront supersite has launched to market and it’s a record-breaker in the making.
Marketing agent Matt Lancashire of Ray White New Farm is already fielding inquiries from across the country for the world class property at 65 Moray St, New Farm for its prized riverfront location in the Olympic city.
“This address will raise eyebrows from every corner of the country as 65 Moray St presents a rare opportunity to create Brisbane’s premiere boutique development, continue as a current investment with 10 tenanted units, or build your dream five storey family home with a 20 metre frontage to the river.”
“You won’t see an opportunity like this again in Brisbane. I expect we could see records broken here,” he said.
“This golden 1,030sqm parcel of land is the last of its kind. Another block offering of this position and with this much potential, simply does not exist.”
The property goes to auction on December 11 at 9am at The Calile Hotel.
Brisbane-based luxury developer Spyre Group is selling the block with full development application approval to build six luxurious whole floor apartments on the block.
“We’ve done the heavy lifting and already have the DA in place along with stunning plans from architects bureau^proberts. We have a strong commitment right now on the Gold Coast and a large project coming in Brisbane which requires our resourcing,” said Spyre Group director Andrew Malouf.
“We took a look at our upcoming portfolio as we decided to sell one of our sites, and we wanted to sell the one that would be the most lucrative for any potential buyer.
“We firmly believe this is the best site in Brisbane. It’s one of the last available riverfront sites in New Farm with DA approval for six high end one per floor apartments. Or you could also build an amazing five storey dream home. This is an incredible location with an array of rewarding opportunities.”
Right now there’s a block of 10 income producing strata titled units so the new buyer could also land bank the site as a solid investment opportunity.
This is also only one of two properties that has direct private access to Brisbane’s famed Riverwalk. It’s a short walk or scooter to Howard Smith Wharves, New Farm Park and the CBD.
Spyre Group is a leading luxury developer renowned for elevating the premium property benchmark through exceptional craftsmanship in never to be repeated locations. With a portfolio characterised by oceanfront and riverfront addresses, their discerning clients are predominantly made up of “right sizers, up sizers and baby boomers” wishing to maintain an esteemed lifestyle.
