308/1 Gray Street, New Farm, QLD 4005 | Apartment for sale | OnTheHouse
 
FOR SALE
For Sale

308/1 Gray Street
New Farm QLD 4005

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 175m2
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Elegant Corner-Positioned Apartment with Superior Riverfront Address

Boasting the ultimate north-eastern riverfront position, this three-bedroom apartment in a boutique and tightly-held complex presents a truly exclusive opportunity. Featuring direct riverwalk access, refined interiors, sensational entertainment options and sweeping river views from essentially every room, this spectacular property is only a stone's throw from James Street and Howard Smith Wharves' fashionable attractions.
Capturing refreshing breezes and wonderful natural light from the well-positioned 'Freshwater' complex, the residence has been intelligently crafted to highlight the mesmerising vista. Showcasing plentiful full-height glass, the apartment also benefits from exquisite herringbone timber floors and a timeless neutral colour palette.
Forming the property's centrepiece, a spacious open-plan living and dining area greets you upon entry. Airy and bright, this fantastic central space seamlessly connects to an expansive covered balcony that looks out across the sparkling Brisbane River and lush landscaped gardens to tree-dotted Bulimba beyond. Ideal for relaxing and entertaining guests in style, this brilliant al fresco area also lends itself to hosting unforgettable riverfront celebrations.
Finishing the central living area, an excellent kitchen displays stone benchtops and ample cupboard storage. A suite of premium appliances includes a Panasonic microwave and a Miele dishwasher. Additionally, a multitude of popular cafes, restaurants and bars are easily accessible from this address.
Opening out to its own river-facing balcony, a luxurious master suite adjoins a large ensuite with dual vanities, a shower and a bath-with-a-view. There are also another two bedrooms; one has a beautiful wallpapered feature wall.
Complete with rare secure parking for two cars, ducted air-conditioning, intercom security and motorised internal block-out blinds, the residence also includes access to the complex's 23-metre swimming pool and barbecue facilities.
Close to New Farm Park's manicured gardens and the New Farm Ferry Terminal, this exceptional apartment is near the suburb's famed retail and dining scene. The vibrant Gasworks Plaza precinct, the Fortitude Valley train station and Teneriffe Park's playgrounds are minutes away.
Offering proximity to All Hallows' School, Saint Joseph's College, Brisbane Grammar School and Brisbane Girls Grammar School, this impeccable property is also a short distance from QUT's Kelvin Grove and Gardens Point campuses. UQ's Saint Lucia and TAFE Queensland's South Bank campuses are a quick commute away, as well. Do not miss this exclusive opportunity – call to arrange an inspection today.

Property Details for 308/1 Gray St, New Farm

308/1 Gray St, New Farm is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces and was built in 1998. The property has a floor size of 175m2. The place is currently for sale with Place New Farm.

Building Type
Apartment
Year Built
1998
Floor Size
175m2
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About New Farm 4005

The size of New Farm is approximately 2.5 square kilometres. It has 4 parks covering nearly 9.1% of total area. The population of New Farm in 2016 was 12542 people. By 2021 the population was 12197 showing a population decline of 2.8% in the area during that time. The predominant age group in New Farm is 30-39 years. Households in New Farm are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in New Farm work in a professional occupation.In 2021, 44.00% of the homes in New Farm were owner-occupied compared with 39.70% in 2016.

New Farm has 7,930 properties. Over the last 5 years, Houses in New Farm have seen a 69.80% increase in median value, while Units have seen a 85.55% increase. As at 30 November 2025:

  • The median value for Houses in New Farm is $2,788,626 while the median value for Units is $1,183,443.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 27 properties listed for sale, and 16 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 321 properties were sold in the past 12 months in New farm.

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Sarah Hackett
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Lili Hedley-Ward
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