SOLD
Sold on 25 Apr 2024 for $750,000

1306/12 Cunningham Street
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 94m2
Land area: 79m2
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Property Details for 1306/12 Cunningham St, Newstead

1306/12 Cunningham St, Newstead is a 2 bedroom, 2 bathroom Unit and was built in 2017. The property has a land size of 79m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
94m2
Land Size
79m2
Local Government
Brisbane
Lot/Plan
1306/SP275298

Last Listing description (April 2023)

Haven apartment located in the heart of Newstead, get intimate with icons in food, lifestyle and wellness for a more curious, remarkable and enlivened you.Haven Newstead is a dining and wellness precinct tucked into the base of the Haven Newstead Apartments, with plenty of free onsite parking. It's your neighborhood hub of culinary goodness, just steps from Gasworks.

This beautiful apartment with :
* East facing with amazing river views.

* Generous open plan living areas with floor to ceiling glazing to showcase spectacular views.
* Modern kitchen with stone island bench ,European stainless steel appliances including gas cooktop, electric oven and
dishwasher.
* Master bedroom with ensuite and build in wardrobe.
* Large second bedroom with built-in-robe.
* Ducted air conditioning.
* Secure car parking.
* Instant high-speed internet, WiFi and NBN ready plus Foxtel ready.
* 26th roof floor featuring a heated infinity pool, yoga lawn, sunset cocktail bar, dining terrace, teppanyaki bar and pizza oven.
* 5 star hotel style lobby with dedicated onsite manager and concierge services including dry cleaning, car washing, cleaning,
restaurant bookings and more.
* Ample free visitor car parings.

Body corp fee :$4,860/ annaul
Currently tenanted until 2/3/2023 with rent $630/week.

Location features:
* Directly across the road from the Gasometer and Gasworks Plaza featuring a full line Woolworths and a number of award-winning
restaurants .
* Across the road from Newstead River Park.
* CityGlider bus stop right out the front.
* City Cat and City Ferry Terminals are just 500m away.
* Less than 5 minutes to James Street.
* Less than 5 minutes to Teneriffe.
* 5 minutes to Bowen Hills Train Station.

Current tenanted until 3/3/23, with rent $630/week.

Do not delay - call Peggy 0404 880 777 to arrange an inspection today !

Property History for 1306/12 Cunningham St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$750,000
25 Apr 2024
  • 25 Apr 2024
    Sold for $750,000
  • 11 Oct 2022
    Listed for Sale Not Disclosed
  • 28 May 2015
    Sold for $638,000

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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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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.