604/16 Masters StreetNewstead QLD 4006
Property Details for 604/16 Masters St, Newstead
604/16 Masters St, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 61m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Last Listing description (April 2021)
Dimitri Manolis & Jed Dziuma from Ray White New Farm present this perfectly positioned apartment in the heart of Newstead. There is nothing that isn't within arm's reach or walking distance, The Gasworks precinct, Brisbane River, New Farm Park, Powerhouse and James Street all from this stylish apartment.
Established in 2016, this spacious one bedroom apartment has a lot to offer. The elegant kitchen features a waterfall stone bench-top, equipped with European appliances & a gas cooktop to facilitate to all your cooking needs. Leading out to the open plan living & dining area that flows onto the balcony is perfect for entertaining your guests. If it's a larger scale of people you are wanting to host, feel free to make your way up to the rooftop BBQ area to entertain under the stars.
The spacious bedroom offers an abundance of storage space, with built-in mirrored robes leading to your bathroom that has dual access from the lounge & bedroom. Not to mention this is only one of very few one bedroom apartments in the building that offers TWO car spaces and it's own private storage room that is conveniently located outside your front door.
Property Summary:
- One large bedroom with built in robes, direct access to the bathroom and balcony
- Spacious and private enclosed balcony
- Contemporary kitchen with a gas cook top and ample storage
- Separate laundry
- Spacious storage room
- One secure car spaces
- Great onsite management
- Communal roof top BBQ area with City views
704 Lumira is perfect for owner occupiers & investors alike, there is no doubt that this is a great investment with the high demand of young professionals looking to move into the area.
To arrange a private inspection, please contact Dimitri Manolis or Jed Dziuma
Property History for 604/16 Masters St, Newstead, QLD 4006
- 15 Feb 2021Listed for Sale Under Contract
- 14 Feb 2021Sold for $365,000
- 14 Jun 2017Listed 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.
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