502/1 Gray StreetNew Farm QLD 4005
Property Details for 502/1 Gray St, New Farm
502/1 Gray St, New Farm is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 152m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
Last Listing description (June 2020)
NEWFARM RIVERFRONT REAL ESTATE GOLD
Boasting stunning 180 degree panoramic river views, and a lifestyle opportunity second to none, this immaculate, 5th floor, sub-penthouse riverfront apartment, in the tightly-held Freshwater address in Newfarm, offers spacious and private living in the heart of one of Brisbanes best suburbs.
Expansive open-plan living flows around a central kitchen and invites you, through floor-to ceiling glass doors, to the large paved outdoor balcony terrace that embraces breathtaking views of the river and beyond. The living space encompasses a separate zone for a media or study set up, with access to the balcony terrace from both living zones.
With ample room for living and dining outdoors also, outdoor entertaining is easy with waterproof shutters protecting outdoor living from the elements. The balcony terrace is designed to ensure maximum connection to Brisbanes beautiful river and is uniquely shaped and positioned so that there is no direct view into any other apartment, ensuring total privacy.
Fresh paint and brand new carpets have created an as new feel to this beautiful residence. The lush new carpets also extend to the bedrooms.
The master bedroom is tucked away, off the dining space, and offers a spacious walk-through wardrobe, an ensuite with double vanity, and balcony access for those early morning coffees whilst watching the river come to life.
The second bedroom provides built- in mirrored robes and enjoys its own wing, off a separate hall, complete with the main guest bathroom and toilet.
A large internal laundry, down the hall near the second bedroom, provides great storage with a linen press, cupboards and good bench space.
Two side by side carparks are located in the basement carpark, along with extra storage space.
The large, 25m riverfront resident pool and spa, and BBQ area, provide a wonderful opportunity for friend and family gatherings, with direct gated access to riverfront walks nearby. Beautifully manicured tropical grounds surround the amenities making life at Freshwater low maintenance and effortless.
Summary Of Features:
* 5th floor, north-east facing, sub-penthouse riverfront apartment
* 2 bedrooms
* 2 bathrooms - one ensuite, and the other an ensuite option for the separate second bedroom
* Expansive open-plan living with large private balcony
* Large internal laundry
* Security intercom
* Ducted airconditioning
* Freshly painted
* Brand new carpets
* 2 side-by-side car parks
* Garage storage
* Direct, secure, riverfront boardwalk access
* 25m pool and heated spa with BBQ amenities
* Professional on-site management
This exquisite residence offers a rare opportunity to secure a riverfront lifestyle, in a much sought-after predominantly owner-occupied address, in one of the most exciting and vibrant communities in Brisbane.
Please call Anne-Maree or Luke Russell for more information or a private inspection. 0403 766 822/ 0403 974 189
Property History for 502/1 Gray St, New Farm, QLD 4005
- 27 Mar 2020Sold for $1,400,000
- 25 Mar 2020Listed for Sale UNDER CONTRACT
- 09 Oct 2003Transferred for $765,000
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0About 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.
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