DA approved: Brisbane's last absolute riverfront site in Newstead

Brisbane city council has approved Consolidated Properties Group's (CPG) long-awaited riverfront development in Newstead, one of the last absolute riverfront sites left in the suburb, with the developer saying it intends to build a home "that Brisbane will be proud of in 100 years." 

Positioned as the last true riverfront address at Newstead, the CPG project will now move to a tightly held VIP release, with buyer enquiries open ahead of priority outreach to registered clients in May. 

The development, yet to be named, will have limited access, with CPG confirming a staged release strategy, targeting a select group of buyers before any broader market launch.

Construction is scheduled to commence in August 2026, with Hutchinson Builders expected to be on site in the coming weeks to prepare the sales office.

The approved development will comprise 227 apartments across a 25-storey tower, with more than 75% having northeast river views. 

There is also an absolute riverfront six-storey boutique building of only 12 residences, which will each enjoy more than 21 metres of river frontage.

Designed by Woods Bagot, the development adopts a contemporary interpretation of Brisbane’s classical architecture, with a focus on enduring materials including brick and stone.

CPG chairman and CEO Don O’Rorke says the approval marks a significant milestone for the group’s $1.5 billion-plus riverfront development pipeline, including Gloriette at Yeerongpilly.

“This will be a new signature building for the Brisbane skyline and riverfront,” Don said.

“We want this building to be considered one of Brisbane’s best in 100 years.”

CPG head of residential James MacGinley says the design prioritises longevity and permanence over short-term trends.

“Woods Bagot’s design will stand the test of time,” James said.

“First and foremost, these are beautiful homes designed to enjoy river views that will never be built out. 

"However, the heart of this design goes beyond the ‘now’ and draws from the past to create an enduring legacy for the future. 

"We expect these homes to become very tightly held and passed from generation to generation."

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