SOLD
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Sold on 26 Feb 2024 for $525,000

507/7 Chester Street
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 507/7 Chester St, Newstead

507/7 Chester St, Newstead is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Apartment sold in Newstead in the last 12 months.

Building Type
Apartment
Local Government
Brisbane
Lot/Plan
10507/SP286456

Last Listing description (February 2024)

Nestled in the heart of the vibrant Newstead community, this light filled one-bedroom apartment is tailor-made for those with a desire for urban living. Just a stone's throw from James Street (a mere 300m away) and minutes away from Gasworks and the 1000 Ann Street precinct, convenience meets style in this prime location. Enjoy seamless access to public transport for a stress-free commute to the CBD.

This residence offers a thoughtfully planned configuration, boasting a comfortable living area with an adjoining Dining area, catering to individuals seeking a well thought out and compact floorplan for inner city living.

The modern kitchen is meticulously crafted, featuring state-of-the-art appliances and refined touches, creating an elegant and practical setting for culinary activities. The integration of a combined arrangement seamlessly connects the dining and lounge areas, facilitating a smooth transition between shared meals and leisure moments with loved ones.

The Apartment also features the following:

• One Bedroom with Built in Robe
• Main Bathroom
• Laundry space off Kitchen
• One Car Space
• The balcony offers a delightful view of the surroundings, serving as an inviting outdoor area to relax after a demanding day at the office.

Resort-style Amenities:

• 2 rooftop pools
• 7-day concierge
• Fully equipped gym
• Private theatre room
• Rooftop outdoor cinema
• Private dining room and chef's kitchen
• Several outdoor entertaining spaces with barbecues & dining facilities

Connected on the fifth floor by a spacious entertainment precinct, both buildings include show stopping amenity, available to all residents. The buildings emulate two different personalities - Ella's facade and interiors are gold, feminine and soft, while Chester represents abstract design and features neutral colours.

Designed by globally renowned Australian architect Hayball , these beautifully designed Chester and Ella Apartments are positioned in the Emporium and James Street precinct of Newstead. You will love the convenient city living this location offers, with most amenities being only a short stroll away.

Offers around $500,000

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 507/7 Chester St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$525,000
26 Feb 2024
  • 26 Feb 2024
    Sold for $525,000
  • 12 Feb 2024
    Transferred for $20,409
  • 12 Feb 2024
    Transferred for $20,409
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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 5,679 properties. Over the last 5 years, Houses in Newstead have seen a -40.87% decrease in median value, while Units have seen a 36.32% increase. As at 31 August 2024:

  • The median value for Houses in Newstead is $537,587 while the median value for Units is $762,476.
  • Houses have a median rent of $770 while Units have a median rent of $750.
There are currently 51 properties listed for sale, and 28 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 481 properties were sold in the past 12 months in Newstead.

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John Jessop
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Ben Ive
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Elders Real Estate Shailer Park
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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.