5Point is pleased to announce our partnership with Red & Co on COMO, Varsity Lakes – a lakeside mixed use development.
Limited to just 156 residences, COMO brings together one-, two- and three-bedroom apartments in a boutique, lakeside development designed for modern living.
Construction is set to commence in Q1 2026, marking the start of an exciting new chapter at Varsity Lakes.
At 5Point, we don’t just build structures—we bring visions to life. With One Five Six Oxlade Drive, 5Point have constructed a masterpiece of boutique riverfront living that sets new standards in design, quality, and innovation.
We poured our expertise into every corner: expansive living spaces flooded with light, a serene Master Suite with a 15-meter walk-in wardrobe, and a Wellness Centre designed for rejuvenation. And with advanced home automation and tailored storage solutions, modern convenience is built into the foundation.
From its striking 34-meter riverfront presence in Brisbane’s iconic New Farm to the intricate details within, every aspect of this project speaks to our passion for excellence.
As builders, we take immense pride in the precision, craftsmanship, and heart that went into One Five Six. It’s more than just a collection of residences—it is enduring quality.
156 Oxlade Drive, New Farm
Built by 5Point
Key features of One Five Six:
Prime Location: 34m riverfront in New Farm, Brisbane.
Luxurious Interiors: Vagli Oro stone, oak timber, and bronze accents.
Thoughtful Design: Light-filled spaces and uninterrupted views.
Wellness Centre: Pool, gym, sauna, and steam room.
Modern Convenience: Home automation, three-car bays, and storage.
Construction at Palm Shores is powering ahead, with major milestones already achieved since our last update. Demolition is complete, piling and basement retention are finished, the seawall has been fully rebuilt, and the ground-level “donut” slab has now been poured. The site has transformed dramatically, and momentum is stronger than ever.
Following a hugely successful sales campaign, Palm Shores is now down to the very last Half Floor Apartment – a testament to 5Point’s quality of developments.
Progress Highlights
Piling commenced and completed.
Ground-level “donut slab” poured, now forming the platform for basement construction.
Bulk excavation underway alongside commissioning of the dewatering system to stabilise ground conditions.
Raft slab pour planned for early 2026.
Forming and pouring of the Basement 3 slab.
Tower crane installation.
Both milestones targeted for completion by the end of February 2026.
View the full Construction Update via our YouTube Channel
Construction is well underway at Jardinia, our 87-unit residential project in the heart of Yeronga. With the structural basement and civil works complete, pouring of Level 1 is now underway—an exciting milestone as the building begins to take its full shape.
Set across four levels, Jardinia will offer a range of 1–3 bedroom apartments, complemented by rooftop amenities including a pool, sauna, gym, and private dining, as well as retail spaces on the ground floor. The design reflects a vision for a vibrant, connected community, bringing modern urban living to the heart of Yeronga.
The site is buzzing with activity as subcontractors and suppliers push forward to the next phase, bringing Jardinia ever closer to completion. Each week marks tangible progress, shaping a development that promises quality, lifestyle, and a sense of place for future residents.
View the full Construction Update via our YouTube Channel
