OFF MARKET

212/27 Commercial Road
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 88m2
Land area: 134m2
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Property Details for 212/27 Commercial Rd, Newstead

212/27 Commercial Rd, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 134m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in July 2018.

Building Type
Unit
Year Built
2016
Floor Size
88m2
Land Size
134m2
Local Government
Brisbane
Lot/Plan
212/SP273554

Last Listing description (May 2018)

This two bedroom apartment ticks boxes. You can easily just move in and enjoy, or rent out straight away. Views, pool, sauna, secure and elevated, the really is a great piece of Inner city real estate.
Upon entry, the first thing that comes to mind is 'big.' Unit 212 is in a league of its own for a few reasons. Firstly, it's not going to break the bank. Secondly, you have one of the largest outdoor entertaining areas in the complex. Most importantly, you have space that will rarely be repeated in modern times, as units today often sacrifice on size. Not this one.
The well-appointed modern inner city apartment maximises a flexible open plan design, with vast living and dining spaces that flow effortlessly out onto a generous sized private balcony, an invaluable asset for the astute entertainer. Quality cappuccino marble bench tops with amble storage and bench space. Sleep peacefully with the knowledge double-glazing has been added to the property, making it your tranquil sanctuary within the inner city buzz.

On hot summer days, you can take a dip in the luxurious pool or relax on the sun deck and take in the spectacular outlook over the Brisbane River, Story Bridge and CBD. You'll find a lot of friends come out of the woodworks for Riverfire!
This apartment is stylish, quaint, and most importantly, makes for an exceptional rental return on a blue chip investment. Among the myriad of lifestyle features, bus, train and City Cat/Ferry public transport is at your fingertips and will ensure the property is the hottest product on the rental market. Don't miss out on this little cracker in La Vida. An inspection of the property is an absolute must and with the owner s keen to sell.
An exceptional property that delivers:
- 2 Bedroom, 2 Bath & 1 Car
- 136 sqm
- Magnificent views of the Brisbane City Skyline, Story Bridge and the Gateway Bridge
- Zoned and ducted air conditioning
- Only 1km from Brisbane CBD
- Excellent transport options and facilities within 100m
- Located adjacent to Gasworks retail precinct
- Roof top pool and Sauna plus massive entertainer s area

Property History for 212/27 Commercial Rd, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$590,000
02 Jul 2018
  • 02 Jul 2018
    Sold for $590,000
  • 25 May 2017
    Listed for Sale Offers over $635,000
  • 26 Nov 2014
    Sold for $572,500

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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 5,670 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 49 properties listed for sale, and 22 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.