502/16 Masters StreetNewstead QLD 4006
Property Details for 502/16 Masters St, Newstead
502/16 Masters St, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 90m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (October 2023)
Ideally situated for enjoying one of Brisbane's most exciting inner-city enclaves, this light and bright property is set within a boutique complex boasting low body corporate rates. Just a leisurely stroll from the popular Gasworks precinct and Teneriffe's scenic riverwalks, this immaculate residence also offers proximity to a slew of renowned dining and retail options.
Complementing its cosmopolitan setting, the apartment is presented with beautiful timber-look floors and a fresh white colour palette. Full-height glass sliding doors encourage seamless indoor-outdoor integration, while also maximising natural light and spectacular urban views.
Stepping inside, you will find a spacious open-plan living and dining area. A fantastic adjoining kitchen displays quality appliances, stone benchtops and ample cupboard storage in dark hues. Residents will also appreciate the plethora of acclaimed restaurants and cafes essentially right on their doorstep.
Finishing the central living area, a covered corner balcony looks out over Newstead. This brilliant outdoor entertainment area provides plentiful space for al fresco meals and sunset drinks.
There is also a dedicated study nook that will suit those who work from home, plus an ensuited master bedroom with balcony access and a built-in robe. A sizeable second bedroom also has a built-in robe, while an impeccable main bathroom features floor-to-ceiling tiling.
Benefitting from secure parking for one car and an allocated storage unit directly accross from the aparment, the property also includes laundry facilities, ducted air-conditioning and ceiling fans. Within the complex is a rooftop terrace, equipped with BBQ facilities to entertain with friends or simply a tranquil place to unwind.
A stone's throw from the Teneriffe Ferry Terminal and city-bound bus stops, this sensational residence is also close to the fashionable James Street and Howard Smith Wharves precincts. Leafy New Farm Park and the soon-to-be-reimagined Victoria Park are nearby.
Falling within the New Farm State School, Fortitude Valley State Secondary College and Kelvin Grove State College catchment areas, this incredible apartment is also a short distance from Brisbane Grammar School, Brisbane Girls Grammar School and Saint Joseph's College. QUT's Kelvin Grove and Gardens Point campuses are easily accessible from this address, as are TAFE Queensland's South Bank and UQ's Saint Lucia campuses. Do not delay call to arrange an inspection today.
Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes
Property History for 502/16 Masters St, Newstead, QLD 4006
- 10 Oct 2023Listed for Rent $725 / week
- 29 Sep 2023Sold for $700,000
- 24 Aug 2023Listed for Sale Offers Over $685,000
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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 5,586 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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