Lyn & Ernie
I think you will find the photo was taken from the corner of what used to be Great Lister St and Rupert St. If you look up the Parkway the building in the middle of the photo the one with the five chimneys it's the Dog and Partridge on what was Ashted Row. The parkway passes by just before it connects with the Lawley St - Dartmouth St traffic island.
Phil