May 29 2026 -
CPG unveils Castile at 47 Skyring Terrace
Consolidated Properties Group (CPG) has unveiled the name behind its landmark Newstead riverfront development, Castile, with VIP buyer engagement now underway ahead of the project’s official release later this year.
Positioned as the final opportunity to secure a new absolute riverfront residence on the East bank of Newstead, Teneriffe or New Farm, Castile at 47 Skyring Terrace has been designed by Woods Bagot as a timeless addition to the Brisbane skyline.
The name Castile draws on themes of permanence, sophistication and legacy, reflecting a broader vision centred on enduring architecture and timelessness in the rarest of riverfront positions.
CPG Chairman and CEO Don O’Rorke said the project had been envisioned as a future Brisbane icon.
“With 47 metres of direct river frontage and never to be built out views, 47 Skyring Terrace is the definitive address on the Brisbane River,” Mr O’Rorke said.
“Rather than following trend-based apartment design, Castile draws inspiration from Brisbane’s great heritage buildings, reinterpreting classical architecture into a contemporary riverfront landmark designed to stand proudly for the next 100 years,” he said.
The approved development will comprise 227 apartments across a 25-storey tower alongside a boutique six-storey riverfront building of just 12 residences.
Construction is scheduled to commence in September 2026, with prospective buyers invited to register for priority access ahead of the public launch at www.castilenewstead.com.au

