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Sold on 20 Sep 2024 for $1,525,000

1405/20 Festival Place
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 113m2
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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. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Apartment sold in Newstead in the last 12 months.

Building Type
Apartment
Floor Size
113m2
Local Government
Brisbane
Lot/Plan
1405/SP292339

Last Listing description (September 2024)

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
- Super-fast Fibre Wi-Fi, up to 400Mbps upload & download with same day connection
- Both Bedrooms with double glazed acoustic and tinted windows, block out curtains & TV provision
- Massive robes with up to 12m of double hanging and shelving space in each bedroom
- Ensuite with mirrored vanity cabinet, under mount basins, and both bedrooms with Showers
- Separate laundry with dryer away from living areas
- Zoned Ducted air-conditioning throughout
- Smoke-Free Building
- Audio intercom system with swipe access and 24 hour CCTV security for guests and delivery drivers
- Private and secure basement car parking
- 21 x visitor parking spaces for guests (4 hours only)
- Foxtel provision, Free-to-Air, TV and phone
- 3 x Air conditioned, high speed, quality elevators by Kone
- Parcel and refrigerated lockers for hassle free deliveries at $5 per day
- Daily dry cleaning drop off and pickup
- Access to car washing, dog walking and apartment cleaning (additional costs)

Rooftop Health, Wellness and Lifestyle Amenity:
- Glass bottom, cantilevered 35 metre long rooftop heated pool with underwater speakers and immersed in ALL-DAY SUN surrounded by luxury sunlounges!
- Two magnesium wellness spas, Two traditional Finnish Timber Saunas & Steam room
- Over $300,000 of Olympic Endorsed, Technogym equipment including skillrun unity 5000; skillrow; skillbike; excite climb; cross personal unity squat; multipower antrac; rear kick; chest press; bicep curl; leg press; calf raise; dual adjustable pulley and free weights. Complete with Pilates Reformer, balance domes, Yoga balls and 12m turf training track.
- Special Event Space with full city views, chef's kitchen, fireplace, lounge and travertine billiard table.
- Two outdoor kitchens with charcoal barbeques and café style seating
- Multipurpose lawn for rooftop yoga capturing sunrise and sunset
- Rooftop sound system by global leaders, Martin Audio.

Location Top Ten:
1. 300mm: City Glider blue bus every 5min peak times to CBD and Southbank / City Cat / Teneriffe river walk
2. 50m: Gasworks plaza, Woolworths, The Standard Market, Terry White Chemists,Teneriffe Doctors Newsagent, Reef Seafood, Wine Emporium.
3. 50m: Newstead river park, dog park and lake
4. 750m: Homemaker Centre / Freedom / Harvey Norman
5. 900m: James Street fashion and lifestyle precinct / 5 Star Calile Hotel
6. 1100m: Bowen Hills Train Station
7. 1800m: Howard Smith Wharves restaurants and bars
8. 1900m: Brisbane CBD
9. 2100m: New Farm Park - one of Brisbane's oldest, grandest and largest park
10. 15mins: Brisbane Domestic and International Airports via the tunnel ($25 by Uber)

Property History for 1405/20 Festival Pl, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$1,525,000
20 Sep 2024
  • 20 Sep 2024
    Sold for $1,525,000
  • 23 Jul 2024
    Listed for Sale Offers Over $1,585,000
  • 30 Oct 2019
    Sold for $830,000

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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 5,679 properties. Over the last 5 years, Houses in Newstead have seen a -40.87% decrease in median value, while Units have seen a 36.32% increase. As at 31 August 2024:

  • The median value for Houses in Newstead is $537,587 while the median value for Units is $762,476.
  • Houses have a median rent of $770 while Units have a median rent of $750.
There are currently 51 properties listed for sale, and 29 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 492 properties were sold in the past 12 months in Newstead.

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Contact agent
Ari Shahbazifar
Show contact details
Cavalé
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.