OFF MARKET

706/27 Commercial Road
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 89m2
Land area: 103m2
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Property Details for 706/27 Commercial Rd, Newstead

706/27 Commercial Rd, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 103m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
2016
Floor Size
89m2
Land Size
103m2
Local Government
Brisbane
Lot/Plan
706/SP273554

Last Listing description (July 2023)

Please Note: Current tenancy in place until May 2024.

Experience the luxury lifestyle of inner city living with this modern two bedroom, two bathroom apartment. Located on the 7th floor of the La Vida building. Positioned on the North Eastern corner of Tower 1, this apartment boasts a spacious open living area and balcony that is bathed in natural light and offers expansive views. The floor-to-ceiling windows and corner position provide an airy and open feel to the space.

The floor plan is designed with great attention to detail, providing excellent separation of the two bedrooms for maximum privacy. The Master Bedroom features a walk-through robe, an ensuite, and a large bedroom with private access to the balcony. The Second Bedroom is equipped with a built-in wardrobe and is conveniently located next to the main bathroom. Both bedrooms feature large windows that offer expansive views. The apartment also includes ducted air conditioning, offering three zones to ensure your comfort.

The galley kitchen is a chef's dream, with integrated appliances: Fridge, Microwave, Dishwasher and Oven, as well as plentiful preparation space. The kitchen is designed to make cooking and entertaining a breeze.

The apartment also includes one basement carpark space and two lockable storage bays for added convenience.

The La Vida building is truly outstanding and offers a host of amenities to its residents. The building features security controlled entry and lift access, on-site management, a renowned cafe and restaurant, basement level parking with gated entry and storage bays, a rooftop in-ground pool, barbecue area, sauna, all with views to the CBD and wheelchair access.

The location of the building is unbeatable, nestled between the Teneriffe dining precinct and the famed James Street precinct, both of which are just a pleasant stroll away. The nearby Newstead's Gasworks precinct is also a great option for dining and entertainment.

Body Corporate Fees are very reasonable considering all that is on offer in the building. The perfect opportunity for a fantastic life awaits you in this trendy neighbourhood.

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

Property History for 706/27 Commercial Rd, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$772,000
28 Apr 2023
Listed for Rent
$615/w
28 Feb 2019
  • 28 Apr 2023
    Sold for $772,000
  • 21 Feb 2023
    Listed for Sale Under Contract
  • 23 Sep 2022
    Listed for Sale High $700,000s Buyers
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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.