FOR SALE
Offers Over $1,585,000

1405/20 Festival Place
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 113m2
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Corner two Bedroom with Penthouse Sized Kitchen, MPR and 32sqm of Frontage Overlooking Gasworks & The River

This near-new 2 bedroom luxury apartment in the award-winning, Luminare, features a penthouse sized entertainers kitchen that flows gracefully into a spacious hybrid indoor-outdoor open plan living space with floor-to-ceiling glass throughout. Perfectly located next to the Long Island Precinct, the fabled Teneriffe River Walk and the Gasworks Precinct, Luminare residences offer maximum space for personal comfort and ease to everyday living.
Luminare is Cavcorp's latest architectural landmark with meticulously design layouts, soaring 2.7m ceilings and full-height stackable double glazed sliding doors that bring the outside in. The gourmet kitchen with 1.2m deep stone breakfast bar and full height joinery flows gracefully into a spacious dining and lounge / home cinema space. The two master bedrooms feature up to 12m of double hanging walk-in-robe space, ensuites with mirrored vanity cabinets, abundant towel and shelving space, TV provision, block out curtains and acoustic windows.
The striking bronze glazing balconies create tranquil outdoor spaces to enjoy both river breezes and sunset views overlooking the iconic gasometer and beyond. The abundant joinery including generous linen and broom cupboards maximises storage and caters for essential home items as well as a separate laundry.
Located in prestigious Gasworks Newstead, Luminare is walking distance to local must-haves, Total Fusion Platinum, The Standard Market, Wine Emporium, Woolworths Gasworks, Gasworks Medical Practice, Terry White Pharmacy, James Street, and a multitude of top restaurants, Beccofino, sAme sAme, Sushi Room and SK.
Once past the magnificent entrance, residents enter the luxurious travertine marble lobby leading to three intimate and welcoming high-speed air-conditioned elevators.
The Cavalé team is committed to providing professional property management and superior service to support the Luminare community and can assist in ensuring your move is as seamless and effortless as possible.
Apartment Features:
- Spacious dining and lounge / home cinema spaces 9m long & 4m wide
- 2.7m high kitchen joinery, full height pantry, appliance cupboards, stone bench tops, mirror splashback, stainless steel European appliances with gas cooktop
- In-demand third room with floor-to-ceiling glass and river views, ideal for Home Office or third bedroom
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Property Details for 1405/20 Festival Pl, Newstead

1405/20 Festival Pl, Newstead is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 113m2. The place is currently for sale with Cavalé.

Building Type
Apartment
Floor Size
113m2

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About Newstead 4006

The size of Newstead is approximately 0.9 square kilometres. It has 3 parks covering nearly 8.2% of total area. The population of Newstead in 2011 was 836 people. By 2016 the population was 2,204 showing a population growth of 163.6% in the area during that time. The predominant age group in Newstead is 20-29 years. Households in Newstead are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newstead work in a professional occupation. In 2011, 46.6% of the homes in Newstead were owner-occupied compared with 37.6% in 2016.

Newstead has 5,694 properties. Over the last 5 years, Houses in Newstead have seen a -48.76% decrease in median value, while Units have seen a 38.42% increase. As at 31 July 2024:

  • The median value for Houses in Newstead is $475,776 while the median value for Units is $771,858.
  • Houses have a median rent of $775 while Units have a median rent of $750.
There are currently 51 properties listed for sale, and 38 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 503 properties were sold in the past 12 months in Newstead.

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Ari Shahbazifar
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Cavalé
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