Frasers Property to target Brisbane’s luxury market with apartments and terraces in Newstead

Frasers Property Australia is mixing up their upcoming Newstead residential development, changing the plans to focus on the higher end of the market.

They're now proposing 70 apartments across two 16-level towers on a 3,016 sqm site on the corner of Chester and Morse Street. There will also be three street-level terraces, a rarity so close to the popular James St retail precinct.

Frasers Property Development Director Jamisen Rivera said the upscale project felt like a natural progression following the delivery of luxury townhomes and apartments at Hamilton Reach. 

“This rare site presented a unique opportunity to blend the blue-chip aspects of New Farm with the urban excitement of Newstead’s thriving scene and is primely positioned to link two of Brisbane’s most iconic precincts, walkable to both James Street and The Gasworks," Rivera said.

“Carefully curated by our experienced consultant team, the residences are as luxurious as they are diverse,  with a mix of two-, three- and four-bedroom apartments designed to maximise the 360-degree views to the CBD, New Farm, North Brisbane and Hamilton Northshore, enhancing the living experience from the inside out.” 

Rothelowman Principal Architect Jeff Brown said the design was a celebration of Brisbane’s unique environment. 

“The Newstead project design is a deliberate response to the opportunities presented by Brisbane’s iconic sub-tropical climate," Brown said.

“The apartments are unique in that they offer a quality of space usually found in the best detached houses of our city, with a focus on optimising natural ventilation and light, with spacious open-plan living pavilions anchored by two distinct sleeping wings.  

“The plan form of the building allows for all dwellings to be corner apartments, gaining multiple frontages and expanded vistas. All of the layouts include multi-purpose rooms that can be adapted for varying uses,  ideal for a seamless transition from living in a traditional house to a luxury apartment.” 

Rivera said the Newstead project was further elevated by its on-site amenities, designed to promote connectivity from the ground up. 

“We want our residents to become embedded in their community, so the design includes a public plaza on Morse Street with a generous open-air garden, providing true street activation. There is also an intimate resident park to serve as a ‘backyard’, a meaningful space connecting residents with their environment.

“On the rooftop, recreation pavilions on each building include shaded terraces, dining pavilions, BBQs, lawns and pools, fostering a sense of community in each tower. 

“With retail amenities surrounding the site, we will bring this project into the fold with a substantial retail offering on the ground level.” 

Frasers Property has three active residential projects across Brisbane, including house and land packages at The Quarry in Keperra, townhomes and apartments at Hamilton Reach and build-to-rent apartments at Brunswick & Co. in Fortitude Valley.