OFF MARKET

302/16 Masters Street
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 80m2
Land area: 90m2
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Last updated 11 Nov 2024
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Property Details for 302/16 Masters St, Newstead

302/16 Masters St, Newstead is a 2 bedroom, 2 bathroom Unit and was built in 2016. The property has a land size of 90m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2016
Floor Size
80m2
Land Size
90m2
Local Government
Brisbane
Lot/Plan
302/SP267641

Last Listing description (October 2024)

Welcome to 'Lumira' a stunning contemporary building that seamlessly combines value and superior quality. Immerse yourself in the radiant interior and open layout that fills every corner with natural light. Nestled in the vibrant neighborhood of Newstead and just a stones throw away from Gasworks Plaza, you will be surrounded by a plethora of amenities, including caf?s, restaurants, shops, public transport and so much more. Presenting an exceptional and highly desirable selection for those who what to embrace and thrive within the dynamic ambiance of an urban lifestyle.

This apartment offers an idyllic setting for unwinding and socializing, boasting ample natural light and generous roominess that creates a delightful environment for hosting and entertaining guests. The kitchen is equipped with high-quality Bosch appliances, ample storage, and a generous countertop area. The balcony allows refreshing natural breezes to flow into the kitchen. The master bedroom boasts a walk-through robe that seamlessly connects to the ensuite. Additionally, the second bedroom is impressively spacious and includes built-in robe for convenient storage.

Property Features:

- Spacious master bedroom boasts a walk-through robe, ensuite, abundance of natural light, refreshing breezes and direct balcony access
- Open lounge/dining area
- Ducted & zoned air conditioning
- Second bedroom with built-in robe and natural light
- Well finished kitchen completed with Bosch stainless steel appliances, gas cooktop, soft close draws & 40mm waterfall stone benchtops
- Modern bathrooms complete with floor to ceiling tiles & oversized shower
- Ample storage space
- Internal Laundry
- Study nook
- Onsite management
- Extensive security throughout
- School catchments include New Farm State School, Fortitude Valley State Secondary College & Kelvin Grove State College
- Lift in the building

Location Snapshot
- 230m to Gasworks Plaza
- 290m to Commercial Rd Bus Stop
- 290m to Woolworths Newstead
- 850m to James Street Market
- 1.6km to Fortitude Valley Station
- 1.7km to Howard Smith Wharves
- 14.7km to Brisbane Airport

At 'Lumira,' you'll have the privilege of enjoying the rooftop city view terrace, where you can host casual barbecues, unwind with sunset drinks, or entertain under the captivating starlit sky. This exclusive space adds a touch of luxury to your everyday life.

If you would like to know more about this property, please reach out today.

Property History for 302/16 Masters St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$660,000
24 May 2023
Listed for Rent
$480/w
11 Aug 2017
  • 18 Jun 2023
    Listed for Sale Under Contract
  • 24 May 2023
    Sold for $660,000
  • 24 Jul 2017
    Listed for Rent - Price not available
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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.
There are currently 33 properties listed for sale, and 10 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 470 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.