Cardo Property Pitches Luxury Midrise for New Farm Riverfront
A Sydney-based developer is set to add a high-end midrise to one of Brisbane’s most exclusive riverfront enclaves. Cardo Property has lodged plans for a six-storey building comprising 10 luxury apartments at 90-92 Oxlade Drive in New Farm.
The proposal, reported by The Urban Developer, places the development on an 810sq m site. It occupies a prominent position fronting Merthyr Park along the banks of the Brisbane River, just 3km north-east of the CBD.
Development Details and Location
Cardo Property is currently preparing the development application for the project. The firm describes the site as one of the city’s most prestigious and tightly held riverfront addresses.
According to the developer’s project page, the firm is proud to announce the commencement of these preparations. Their vision focuses on creating meaningful spaces that improve the lives of residents.
The site sits directly opposite the public park, offering direct river views. This positioning aligns with the developer’s history of targeting high-end residential and mixed-use projects.
Market Context for Inner-City Living
While this specific proposal remains in the preparation phase, it arrives as demand for riverfront living continues to grow in the inner north.
Recent reports highlight a broader trend of fast-tracked luxury developments across the city. A separate project in South Brisbane recently lodged plans for over 200 units valued at more than half a billion dollars.
That South Brisbane project, led by Mosaic Property Group, demonstrates the scale of investment currently flowing into Brisbane’s riverfront corridors. However, the New Farm proposal remains distinct in its focus on a smaller, six-storey footprint.
Next Steps for the Proposal
The development application is currently being prepared for submission. Cardo Property has not yet released a timeline for when the plans will be formally lodged with the City of Brisbane.
Residents and local stakeholders will need to wait for the official submission to review the specific design details. The firm has not yet disclosed the expected completion date or the final aesthetic of the building.
As the application process moves forward, the focus will shift to how the new structure integrates with the existing streetscape and parkland.
