45 Commercial RoadNewstead QLD 4006
Property Details for 45 Commercial Rd, Newstead
Last Listing description (May 2023)
45 Commercial Road offers the discerning tenant a unique opportunity to lease a range of office tenancies on a range of flexible lease terms. With areas ranging from 252m2 to a total of 3929m2, the newly fitted out office space offers all you need in a modern office.
With a car parking ratio of 1:55m2 and a new end of trip facility offering showers, lockers and a secure bike storage area all the elements for a happy workforce are here.
There is good retail amenity within walking distance of the building and the soon to be opened Gasworks retail precinct adding to the shopping charm of the area.
Property History for 45 Commercial Rd, Newstead, QLD 4006
- 24 Aug 2017Listed for Rent $918,375 / year
- 05 Oct 2016Listed for Rent $275,000 / year
- 07 May 2016Listed for Rent $275,000 / year
Recent sales nearby
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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 5,784 properties. Over the last 5 years, Houses in Newstead have seen a -30.75% decrease in median value, while Units have seen a 84.19% increase. As at 28 February 2026:
- The median value for Houses in Newstead is $694,418 while the median value for Units is $1,045,442.
- Houses have a median rent of $755 while Units have a median rent of $800.
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