406/7 Chester StreetNewstead QLD 4006
Property Details for 406/7 Chester St, Newstead
406/7 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 135m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in August 2024.
Last Listing description (September 2024)
***Please scroll down to find financial information about 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 designer apartment located on level 4
- Large corner unit with a 54m2 balcony with east and north views
- Two bedrooms with built-ins, separated by the living space + two bathrooms
- 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
- 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 & chefs 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
- Currenlty vacant and ready to move in
- Rental income of approximately $820 to $850 Per Week
Best suited for:
Professionals looking for a modern ready to move in unit close to the CBD or investors wanting a quality property to add to their portfolio.
Council: $480.95 approx. per quarter
Water: $230 approx. per quarter (excluding water usage)
Strata: $1692 apppox. per quarter
Total In Sinking Fund: $1,046,971.28
Please contact Peggy on 0404 880 777 for more information.
Property History for 406/7 Chester St, Newstead, QLD 4006
- 02 Aug 2024Sold for $875,000
- 25 Jul 2024Listed for Sale SOLD BY PEGGY LIU
- 09 Aug 2019Sold for $725,000
Recent sales nearby
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0About 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 5,760 properties. Over the last 5 years, Houses in Newstead have seen a -33.59% decrease in median value, while Units have seen a 83.73% increase. As at 31 December 2025:
- The median value for Houses in Newstead is $680,976 while the median value for Units is $996,300.
- Houses have a median rent of $770 while Units have a median rent of $795.
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