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Sold on 20 May 2024 - Price Unavailable

103/16 Masters Street
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 103/16 Masters St, Newstead

103/16 Masters St, Newstead is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Apartment sold in Newstead in the last 12 months.

Building Type
Apartment
Local Government
Brisbane
Lot/Plan
103/SP267641

Last Listing description (May 2024)

103/16 Masters Street offers an impressive blend of space and style; often sought and rarely found when searching for one bedroom properties. The open plan lounge and dining spaces are oversized with ample space to house both a large lounge as well as a dining setting, adjacent to a dine-in style breakfast bar kitchen. Tall ceilings, neutral white paint and trendy timber-look, low maintenance laminate plank flooring couple with ceiling fans and ducted air-conditioning to deliver a warm and inviting sunlit space to call home.

While the locality will have you spoilt for choice come dinner time, if you did feel like playing chef, the kitchen will have you well-equipped with stainless appliances, and a gas cooktop. Bench space is comfortable to entertain in, with the microwave nook cleverly added to a large pantry nook.

The apartment is located on the first floor on the North-Eastern corner of the building, which means your balcony is actually larger than the rest extending out beyond; think terrace rather than balcony with built-in planter boxes. Your aspect from lounge, dining, kitchen and bedroom are perfect for the morning sun; the space isn’t blocked or overshadowed by neighbouring buildings which is an asset hard-to-come-by.

The bedroom is of course a great size, and a walk-through, mirrored robe gives access to an ensuite / main bathroom combo with a large shower.

Sweet dreams are made of these:
- Body Corporate Sinking Fund Balance: $603,329.32 (as at 8/5/24)
- Body Corporate: $1,454.83 / qtr (admin, sinking fund + insurance)
- Brisbane Council Rates: $401.76 / qtr
- Currently Vacant possession
- Rental appraisal: $620 pw
- Balcony larger than most
- Spacious lounge, dining combo
- East-facing balcony
- Walk-through robe and ensuite
- Rooftop with city views, BBQ and lounges
- Lift access to 1st floor
- Secure basement car parking
- Visitor car spots as well

Upstairs a building exclusive rooftop begs to host evening wine and cheese nights, with plenty of dining tables, lounge chairs, BBQ areas with the full CBD skyline and Story Bridge as special guests, ripe for Riverfire or NYE.

If you’re chasing cake and coffee, Masters Street Coffee sits downstairs at street level, and to burn off the cake afterwards, Studio 45 Fitness and Pilates next door should help. Obviously this location is convenience rich; leave the car at home and walk to Gasworks Plaza at the end of the street, Teneriffe Boardwalk beyond, or toss up whether to walk, scooter, bus or catch the ferry to work next.

Call Nick Bowen today to arrange your private inspection, or you might just miss out!

Property History for 103/16 Masters St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
20 May 2024
Listed for Rent
$400/w
29 Mar 2018
  • 18 May 2024
    Sold for $562,000
  • 16 May 2024
    Listed for Sale Sold
  • 29 Nov 2021
    Sold for $395,000
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About 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.
There are currently 51 properties listed for sale, and 28 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 490 properties were sold in the past 12 months in Newstead.

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Contact agent
Nick Bowen
Show contact details
LJ Hooker Annerley | Yeronga
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Disclaimer
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.