The view starts off looking directly down onto the banks before panning right and taking in the character's taxi as it makes its way along Magazine Gap Road.
The buildings with the yellow and white colour scheme look to be the predecessor to the "Regence Royale" development along Bowen Road. Actually, if you look carefully you can see a more distant brown building to the right of there. This is the former Bowen Rd Military Hospital - now the home of Carmel School. If you click on the location information at the bottom of the post, I have pinned the marker where the car is driving.