Refinery, New Farm Mirvac-built apartment sees strong results in Brisbane

The 2431/32 Refinery Parade, New Farm was one of 32 apartments within the Refinery, built in 1892, and reimagined by Mirvac in the early 2000s

Refinery, New Farm Mirvac-built apartment sees strong results in Brisbane
The original New Farm refinery

There have been two recent sales in the Refinery apartment complex in Brisbane's New Farm.

A ground floor apartment at 2133/32 Refinery Parade went to Ray White auction last week which fetched $2,375,000 with five registered bidders, local and interstate.

It had last sold at $2m in 2017, and initially at $895,000 in 2004.

A $2.25 million sale of an apartment in the Refinery complex had been secured earlier in May.

The 4th floor apartment ranked as one of 32 apartments in the Refinery, built in 1892, and reimagined by Mirvac in the early 2000s.

Refinery, New Farm Mirvac-built apartment sees strong results in Brisbane

It came with an internal space of 158sqm, plus a rare 6 sqm balcony in the heritage-listed CSR Refinery building.

There was also a 32 sqm car space plus storage locker at 2431/32 Refinery Parade, New Farm.

It last sold at $980,000 in 2004.

Selling agent Peter Hutton at Hutton & Hutton had given a $2.2m to $2.4m price guide.

Mirvac's Ascot Green community fronting Eagle Farm Racecourse is the developer's current project under construction.

Ascot House, the first stage has sold-out, with Tulloch House's remaining apartments priced from $540,000.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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Brisbane Apartments

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