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Shop 5/255b Herries Street
Newtown QLD 4350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 40m2
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Great Value! - 40m2 Tenancy in Revamped Shopping Centre

Looking for a tenancy for your start up business or are you looking for a small space to get out of your home office? Look no further!!
With a fresh and neutral palate inside this would suit a number of operators who are looking to find a space with minimal work and ready to move into.
Located in the revamped Newtown Shopping Centre is this 40m2 air conditioned tenancy offering everything you need to get started.
This tenancy has a full glass facade allowing natural light to flood into the main shop/office area and it boasts it own kitchenette and store/staff room. There is ample carparking onsite so you would never need to be concerned about client access.
Features:
- Air conditioned 40m2 tenancy
- Neutral palate with loads of natural light
- Ample carparking
- Excellent Signage opportunity
- Kitchenette and Staff/Store room
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Property Details for Shop 5/255b Herries St, Newtown

Building Type
Commercial
Floor Size
40m2

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About Newtown 4350

The size of Newtown is approximately 5.5 square kilometres. It has 15 parks covering nearly 15.4% of total area. The population of Newtown in 2011 was 9,564 people. By 2016 the population was 9,587 showing a population growth of 0.2% in the area during that time. The predominant age group in Newtown is 20-29 years. Households in Newtown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newtown work in a trades occupation. In 2011, 55.1% of the homes in Newtown were owner-occupied compared with 52.3% in 2016.

Newtown has 5,365 properties. Over the last 5 years, Houses in Newtown have seen a 87.46% increase in median value, while Units have seen a 86.42% increase. As at 30 September 2024:

  • The median value for Houses in Newtown is $558,003 while the median value for Units is $418,976.
  • Houses have a median rent of $470 while Units have a median rent of $380.
There are currently 29 properties listed for sale, and 22 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 307 properties were sold in the past 12 months in Newtown.

Suburb Insights for Newtown 4350

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Alice Ridgway
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Jack Reid
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.