15/4 Kyabra StreetNewstead QLD 4006
Property Details for 15/4 Kyabra St, Newstead
Last Listing description (November 2024)
Raine and Horne Commercial is pleased to present to the market for sale this high quality office in the heart of Newstead. Positioned only walking distance from GASWORKS and the James St Precinct, this modern office space not only captures a clean professional aesthetic but also convenience and inner-city lifestyle.
Other features include:
• 101sqm 3rd floor office
• Efficient professional layout including reception, boardroom, executive suites and open plan work areas
• High ceilings & natural light throughout
• 3 carparks included plus storage area
• Sought after position in the heart of Newstead close to major entertainment and lifestyle precincts
• Holding income of $61,800 per annum net until December 2025 with 3% increases
• Flexible investment or future owner occupy as a going concern
For further information and to arrange an inspection, contact your exclusive Raine & Horne Commercial agents.
Listing ID: 25437222
Property History for 15/4 Kyabra St, Newstead, QLD 4006
- 26 Aug 2024Sold for $980,000
- 08 Aug 2024Listed for Sale CONTACT AGENT
- 31 Jan 2020Listed for Sale $1,050,000
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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 5,587 properties. Over the last 5 years, Houses in Newstead have seen a -50.87% decrease in median value, while Units have seen a 40.53% increase. As at 31 October 2024:
- The median value for Houses in Newstead is $540,666 while the median value for Units is $789,614.
- Houses have a median rent of $778 while Units have a median rent of $750.
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