Mirvac to convert Newstead development to affordable housing

Wednesday March 10, 2021

Developer Mirvac plans to significantly increase the number of apartments it originally proposed for one of its new residential towers in inner-suburban Newstead as part of a pilot Build-to-Rent project backed by the Palaszczuk Government.

Artist’s image of Mirvac’s proposed development at 60 Skyring Terrace

The company wants to convert its already approved 23-storey and 25 storey twin towers at 60 Skyring Terrace to accommodate affordable housing.

It has lodged plans with the Brisbane City Council to build 395 mostly studio or one bedroom apartments on…

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