7/80 Oxlade Drive, New Farm QLD 4005

Riverside New Farm | premium three-car parking | flood overlay noted | $2k weekly rental potential This property occupies a rare position in New Farm’s tightly held riverside corridor, where full-floor or near-full-floor apartments with three secure car spaces are seldom available. The floor-to-ceiling glazing and river-facing balcony create a light-filled living environment that competes with the best in the precinct, while the separate office or media room adds genuine flexibility for professional buyers. The building’s heated infinity pool and private dining room lift the amenity beyond typical apartment offerings. This unit best suits a high-net-worth owner-occupier seeking lock-and-leave luxury within walking distance to New Farm Park, the ferry, and James Street—or an investor targeting the premium rental bracket where supply is structurally constrained. The flood overlay is the primary risk and demands a thorough review of historical inundation levels, insurance premiums, and council mitigation plans before proceeding. That said, the overlay is common along this reach and has not suppressed values in comparable buildings. The rental estimate of $2,000 per week is achievable but assumes consistent demand at the top end, which can soften in economic downturns. The property’s direct lift access and ABB smart lighting are subtle advantages that support a premium positioning. For a buyer who can absorb the flood due diligence this is a defensible long-term hold in a market where riverside stock rarely turns over.