101/10 Stratton StreetNewstead QLD 4006
Property Details for 101/10 Stratton St, Newstead
101/10 Stratton St, Newstead is a 0 bedroom, 0 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 129m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 0 bedroom Unit sold in Newstead in the last 12 months.
Last Listing description (July 2021)
Ground floor, inner city, strata titled retail/commercial tenancy for sale by Auction.
The property is fully leased until 31st August, 2025 with a further option of 6 years. The rental income is currently $66,950 per annum and each year the income increases by 3% fixed.
Located 3 kilometres from the Brisbane CBD and 500 metres (approximately) from the 'Gasworks' precinct (source: Google Maps).
Investment characteristics;
1x exclusive use basement car park
Tenancy has good exposure and frontage to the street
Generous window facure creating an abundance of natural light
Exclusive Selling Agents;
Argus Commercial
Level 15, 66 Eagle Street, Brisbane Qld 4000
Corporate Real Estate Licence: 4250083
Auction Details;
In Rooms
Level 15, 66 Eagle Street, Brisbane Qld 4000
'66 Eagle Street' Cnr Creek St and Eagle Street
Tuesday, 23rd March, 2021 at 11am
Property History for 101/10 Stratton St, Newstead, QLD 4006
- 20 Mar 2024Sold for $1,000,000
- 23 Mar 2021Transferred for $951,000
- 26 Feb 2021Listed for Sale Auction 11am Tuesday the 23rd March, 2021
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0About Newstead 4006
The size of Newstead is approximately 0.9 square kilometres. It has 3 parks covering nearly 8.2% of total area. The population of Newstead in 2011 was 836 people. By 2016 the population was 2,204 showing a population growth of 163.6% in the area during that time. The predominant age group in Newstead is 20-29 years. Households in Newstead are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newstead work in a professional occupation. In 2011, 46.6% of the homes in Newstead were owner-occupied compared with 37.6% in 2016.
Newstead has 5,678 properties. Over the last 5 years, Houses in Newstead have seen a -48.79% decrease in median value, while Units have seen a 38.25% increase. As at 30 September 2024:
- The median value for Houses in Newstead is $540,757 while the median value for Units is $781,533.
- Houses have a median rent of $775 while Units have a median rent of $735.
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