40 Finsbury StreetNewmarket QLD 4051
Property Details for 40 Finsbury St, Newmarket
Last Listing description (September 2023)
Cushman & Wakefield and Blue Commercial is pleased to present 40 Finsbury Street, Newmarket for Lease.
40 Finsbury St, Newmarket is a rare recently refurbished freestanding opportunity to lease in the inner city fringe. Conveniently located approximately 4km to the CBD, this building presents a blank opportunity to acquire an office warehouse asset in the tightly held Newmarket Industrial/Commercial precinct of Finsbury Street.
- Approx 350sqm* of clear span warehouse
- 120sqm* of office Space with polished timber flooring
- 607sqm* Land Parcel
- Solar paneling on the roof
- 5 x Car Parks on-grade at front of asset;
- Light Industry Use
- Retail amenity closeby with the Reading Newmarket shopping centre (anchored by Coles Supermarkets) within walking distance.
*approx.
For further details please contact the exclusive marketing agents below:
Property History for 40 Finsbury St, Newmarket, QLD 4051
- 02 Apr 2024Sold for $1,805,000
- 11 May 2023Listed for Rent - Price not available
- 01 Mar 2023Sold for $1,220,000
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0About Newmarket 4051
The size of Newmarket is approximately 1.7 square kilometres. It has 10 parks covering nearly 9.3% of total area. The population of Newmarket in 2011 was 4,444 people. By 2016 the population was 4,986 showing a population growth of 12.2% in the area during that time. The predominant age group in Newmarket is 20-29 years. Households in Newmarket are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newmarket work in a professional occupation. In 2011, 51.2% of the homes in Newmarket were owner-occupied compared with 46.8% in 2016.
Newmarket has 2,485 properties. Over the last 5 years, Houses in Newmarket have seen a 65.06% increase in median value, while Units have seen a 65.04% increase. As at 31 October 2024:
- The median value for Houses in Newmarket is $1,548,234 while the median value for Units is $727,254.
- Houses have a median rent of $650 while Units have a median rent of $550.
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