151 Sydney St, New Farm is a 4 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1900. While the property is not currently for sale or for rent, it was last transferred in December 2023.
RWC Queensland and Ray White New Farm have the pleasure to offer 151 Sydney Street New Farm, Brisbane Queensland, to the market.
A rare development site opportunity situated less than 2 kilometres* east of the Brisbane CBD on the doorstep of New Farm Park in the enviable "blue chip" location of Sydney Street New Farm. This 506m* site is zoned Low-medium density residential (LMR3) and sits within the 'Waterfront Precinct' of the Newstead and Teneriffe Waterfront Neighbourhood Plan area.
The site is currently improved by an existing house (3-Bedroom/2-Bathroom/1-Car) with 156m* floor area, provided vacant possession.
The site offers multiple opportunities (STCA^) including:
- Develop the DA approved boutique luxury residential apartment scheme;
- Build a single trophy home;
- Invest and rent the existing house; or
- Occupy the existing house.
A neighbourhood with a resounding sense of exclusivity, New Farm effortlessly fuses abundance and simplicity. The inner-city locale is defined by a revere-like calm, owed to the wide leafy streets, restored heritage homes and plentiful green space. As one of the city's most exclusive lifestyle precincts, New Farm is also home to a selection of designer retail boutiques and an ever-growing collection of delectable fare. Indulge in lavish eats, unwind at sophisticated bars and enjoy the simple pleasure of time spent in good company - it's the perfect place for established professionals, young families and mature couples alike.
Summary of Development Approval:
- Inspired by the nostalgia of a European postcard, the project is branded "Modena"
- 3 x 4-Bedroom/4-Bathroom/2-Car (Whole Floor) Luxury Residences
- Residence 1 (Level 1) - 211.6m* (176m* Internal + 31.6m* External + 4m* Storage)
- Residence 2 (Level 2) - 199.5m* (158m* Internal + 39.2m* External + 2.3m* Storage)
- Residence 3 (Level 3/Roof Terrace) - 224.1m* (158m* Internal + 39.2m* External + 23.2m* Roof Terrace + 3.7m* Storage)
- Designed by Surry Hills Sydney based PTI Architecture
- DA Currency Period - Ends 18 September 2028
Don't miss this rare opportunity to secure a piece of this exclusive and very tightly held "blue-chip" enclave.
For Sale via Auction, In-Room, on Thursday 14 December 2023 at 4.00pm (AEST).
In-Room Auction Location:
Level 26, 111 Eagle Street, Brisbane QLD
*Approximately (radial km)
^Subject to Council Approval
Image outlines/labels and artist impressions indicative only
The size of New Farm is approximately 2.5 square kilometres. There are 4 parks, covering nearly 9.1% of the 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 7,940 properties. Over the last 5 years, Houses in New Farm have seen a 56.60% increase in median value, while Units have seen a 78.65% increase. As at 31 May 2026:
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