OFF MARKET

508/7 Chester Street
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 72m2
Land area: 89m2
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Property Details for 508/7 Chester St, Newstead

508/7 Chester St, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 89m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2019
Floor Size
72m2
Land Size
89m2
Local Government
Brisbane
Lot/Plan
10508/SP286456

Last Listing description (September 2024)

Presenting the pinnacle of opulent urban living within Brisbane's beating heart - an irresistible opportunity that simply cannot escape your grasp!

Situated on the 5th floor, this exquisite, nearly brand-new apartment within the well-known Chester and Ella complex as the as a remarkable choice in the current market, providing unparalleled worth and a lifestyle enriched with ultimate luxury.

This building complex boasts resort-style amenities such as 2 rooftop pools, a fully equipped gym, a private theatre room, a rooftop outdoor cinema, a private dining room and chef's kitchen, and several outdoor entertaining spaces with barbeques and dining facilities that are available to all residents.

As soon as you step inside, you'll be mesmerized by the sleek and modern interior, featuring high-end finishes and an abundance of natural light. The living room seamlessly connects to the gourmet kitchen, equipped with Miele stainless appliances and ample storage space.

The living area effectively separates the two bedrooms, providing an ideal level of isolation and privacy for family members. The master bedroom comes with its own ensuite bathroom, ensuring ample privacy and space, while the second bedroom is perfect for guests or a home office. The private balcony outside is perfect for enjoying the warm Queensland weather and provides an ideal spot for relaxation or entertaining loved ones.

Key Features:
? Modern executive apartment with balcony views over Tenerife & Newfarm
? Open plan living, dining, & kitchen area with study nook one bed, one bath
? High ceilings, floor-to-ceiling windows, oak floor, marble stone waterfall island
? European stainless-steel appliances, including Miele cooktop & dishwasher
? Ducted air conditioning, ceiling fans, European laundry, secure car space
? Concierge service: dry cleaning, car washing, bookings, cleaning, & more
? Two rooftop pools, outdoor cinema, BBQ and outdoor entertaining spaces
? Fully equipped gym, private theatre room, dining room & chef?s kitchen
? Walk to James Street, the Gasworks & supermarkets, restaurants, shops
? Walk to transport, close to Brisbane CBD, Chinatown, Fortitude Valley(Listing ID: 21117513 )

Property History for 508/7 Chester St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$740,000
31 Aug 2023
Listed for Rent
$800/w
05 Oct 2023
  • 31 Aug 2023
    Sold for $740,000
  • 11 Aug 2023
    Listed for Rent $800 / week
  • 06 Aug 2023
    Listed for Sale Not Disclosed
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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 5,694 properties. Over the last 5 years, Houses in Newstead have seen a -48.76% decrease in median value, while Units have seen a 38.42% increase. As at 31 July 2024:

  • The median value for Houses in Newstead is $475,776 while the median value for Units is $771,858.
  • Houses have a median rent of $775 while Units have a median rent of $750.
There are currently 51 properties listed for sale, and 38 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 501 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.