904/7 Chester St, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Newstead in the last 12 months.
*** Please scroll down to find financial information on this property***
Located in the Chester and Ella apartment building in Newstead, just a short walk to the
Gasworks and James Street precinct, this near-new apartment redefines luxury inner-city
Key Features:
- Modern 63 m2 designer apartment located on level 9 with north-facing balcony facing Chester Street
- One bedrooms with mirror built ins and access to balcony
- Seperate study with sliding door - this can be used as a second bedroom ( no built ins)
- Light-filled, elegant open-plan living, dining, & kitchen area with timber floors
- Designer kitchen: Miele appliances, marble waterfall benches, breakfast bar
- Ducted air conditioning, ceiling fans, blinds, secure basement car space
- Modern bathroom with european built in laundry
- 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 Fortitude Valley State School and New Farm State Primary School
- Walk to James Street, the Gasworks & supermarkets, restaurants, shops
- Walk to transport, close to Brisbane CBD, Chinatown, Fortitude Valley
- Currently tenanted at $640 per week till 11/09/24
Best suited for:
Professionals looking for full-service living close to the CBD or investors wanting a
quality property to add to their portfolio.
BCC Rates: $480.95 approx. per quarter
QUU Rates: $240 approx. per quarter (excluding water usage)
BC Levies: $1,340 approx. per quarter
Total in Skining Fund: $1,102,915.38
Please contact Peggy for further details on 0404 880 777.
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:
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