207/27 Commercial Road, Newstead, QLD 4006 sold on 26 January 2025 | OnTheHouse
SOLD
Sold on 26 Jan 2025 for $700,000

207/27 Commercial Road
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 73m2
Sold By
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Graczyk Thompson
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Property Details for 207/27 Commercial Rd, Newstead

207/27 Commercial Rd, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 73m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 1 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
56m2
Land Size
73m2
Local Government
Brisbane
Lot/Plan
207/SP273554

Last Listing description (March 2025)

For buyers seeking elegance and a refined lifestyle, this 1-bedroom residence in La Vida is the ideal choice. Boasting a large and open layout that maximises living space and a fantastic balcony overlooking Leopold St, this apartment oozes style and is the perfect home for a busy professional or savvy investor.

Perfectly located just 2km from the Brisbane CBD and a 4 min walk to James Street and Gasworks shopping precincts, La Vida is arguably the best positioned tower in Newstead. With over 100 restaurants, bars and cafes within 1km plus gyms, dog parks and the river on your doorstep, it's easy to see why La Vida is one of Newstead's most sought-after buildings.

Positioned on the second level, the apartment features a well-protected balcony, with Easterly aspect overlooking a quiet street and Teneriffe Hill in the distance. A well-appointed Scandinavian style kitchen boasts excellent storage, natural stone benchtops and ILVE appliances. Floor to ceiling sliding doors and windows throughout generate abundant lighting and cross ventilation. LG zoned and ducted air-conditioning plus ceiling fans throughout guarantee year round comfort.

Outstanding facilities include roof top pool, sauna, BBQ, sun lounge space and entertaining areas. The ground floor has commercial space including coffee shop, restaurant and gym.

This apartment has a rental appraisal of $650 pw and with strata levies of only $4,515 per annum, it is also an incredible investment opportunity.

Apartment Features:
- Zoned ducted air-conditioning with ceiling fans
- Spacious East facing balcony with views towards Teneriffe Hill
- Designer kitchen with Scandinavian joinery and Ilve appliances
- Natural stone bench tops
- Tiled flooring to living, carpet to bedroom
- Floor to ceiling sliding doors to balcony
- Internal space 55sqm, balcony 17sqm (total 73sqm)
- Secure allocated basement car space
- Very low body corporate fees of only $4,515 p.a.

Complex Features:
- Superb roof top pool with sun lounges and sauna
- Roof top BBQ and entertaining area
- Complex built in 2016, comprises of two towers
- High owner occupier ratio

Location:
- Gasworks and James St shopping precincts nearby
- Shops, eateries and cinemas all within walking distance
- Close to transport (bus & ferry) and cycleways
- High frequency CityGlider bus service
- 2kms to Brisbane CBD

*Every care and due diligence has been taken in the preparation of this listing. The agency and owner assume no responsibility for the accuracy of the content, and encourage all prospective tenants to conduct their own research.

Property History for 207/27 Commercial Rd, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$700,000
26 Jan 2025
  • 26 Jan 2025
    Sold for $700,000
  • 21 Jan 2025
    Listed for Sale Offers Over $650,000
  • 08 Jul 2023
    Sold for $502,000
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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 2016 was 2193 people. By 2021 the population was 7496 showing a population growth of 241.8% 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 2021, 27.70% of the homes in Newstead were owner-occupied compared with 37.60% in 2016.

Newstead has 5,757 properties. Over the last 5 years, Houses in Newstead have seen a -43.32% decrease in median value, while Units have seen a 79.99% increase. As at 30 November 2025:

  • The median value for Houses in Newstead is $614,474 while the median value for Units is $981,655.
  • Houses have a median rent of $775 while Units have a median rent of $780.
There are currently 16 properties listed for sale, and 2 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 392 properties were sold in the past 12 months in Newstead.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.