Final release of riverfront residence in New Farm by Azure

Queensland developer Azure has announced the final release of its highly sought after One Five Six development in New Farm. This apartment development is one of the last remaining riverfront-facing residential properties in New Farm, a vibrant and cultural blue-chip suburb in Brisbane.

The property, located at 156 Oxlade Drive, boasts a 34-metre frontage, offering spectacular views of the Brisbane River. Furthermore, it's situated only a short walk from a myriad of local amenities, including leafy parks, popular cafes, cultural destinations, and even has proximity to the Sydney St City Cat terminal.

An exclusive collection, One Fixe Six offers just 10 residences, and its luxurious sub-penthouse is a stand-out. The home boasts 226 sqm of internal living space and features three bedrooms, three bathrooms, a three-car garage, and a spacious 35 sqm river-facing terrace.

“Apartment 5.02 is pretty well irreplaceable," said Trent Keirnan, Director of Azure.

"In a building without compromise and in the best street in New Farm, someone will be very lucky to secure it.”

Simon Caulfield, one of Queensland's top real estate agents tasked with selling the final apartment, promised to provide a home rather than just a mere dwelling.

“When you consider the location, uninterrupted views, practical floorplan, and quality finishes throughout, the sub-penthouse residence has no compromise," said Simon.

"In the current market, residential opportunity of this calibre is incredibly scarce." 

Simon also adds that the majority of affluent buyers are typically looking to "purchase a lifestyle statement that encapsulates luxury, security, and convenience." 

He further explains that "understanding and catering to buyers’ preferences in the high-end property market is crucial for developers and agents." This is exactly what the team behind One Five Six have done with this unique riverfront address.

One Five Six, encapsulating luxury with its architectural design by the internationally acclaimed Paul Conrad Architects, is composed of 10 residences including a penthouse, garden penthouse, and eight apartments. This collection is supplemented by luxurious amenities that promote relaxation and rejuvenation from a bustling city lifestyle.

Azure, a privately owned real estate development and investment company, has a strong portfolio valued at over $500 million, including One Earle Lane, Oakmont, and Dahlia. Since 2014, the company has delivered more than 1,400 terraces, units, and residential lots. One Five Six is set for completion by the end of 2024.

With Brisbane experiencing consistent growth in the prestige market and an influx of buyers, particularly at the top end, this property exemplifies Brisbane’s appeal as an attractive investment opportunity, offering the perfect blend of lifestyle amenities, urban sophistication, and more affordable pricing compared to Sydney and Melbourne.

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