Tom Dooley Developments' Pietra New Farm $5m luxury apartment resale
The Pietra sale was the highest apartment in Queensland last week
Jonathan ChancellorAugust 29, 2021
A three bedroom, three bathroom Brisbane riverfront apartment was sold last week for $5 million through Adcock Prestige.
The 4/91 Moray St, New Farm sale was in Pietra, a Tom Dooley Developments building completed in 2011.
It first sold at $3.5m in 2010 to a family member.
It has city views and bridge views. It features a balcony with BBQ, back patio, and two-car carpark, plus storage.
Pietra comprises seven whole floor residences and one two-level riverhouse.
Tom Dooley Developments targeted the site because it enjoys outstanding views of the city and Story Bridge, which are spectacular at night.
It has been a rental over recent years at around $2300 a week.
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.