5/34 Commercial RoadNewstead QLD 4006
Property Details for 5/34 Commercial Rd, Newstead
Last Listing description (April 2023)
Elders Commercial Brisbane are pleased to present to the market for sale this unique opportunity to secure a quality unit in the heart of Newstead.
Key features of the property include:
- 132m2 of unique style office
- Excellent ceiling height with natural light through sawtooth roof
- Industrial feel with exposed lighting & air-conditioning ducts
- Great exposure along Commercial Road with signage potential
- Only seconds to a multitude of cafes & restaurants along with public transport nodes
Suited to owner occupier or investors, this well priced opportunity will not last long!
For further information or to arrange an inspection, please contact your Exclusive Elders Commercial Agents today!
The subject property is ideally located on the corner of Commercial Road and Kyabra Streets in the ever-growing suburb of Newstead, providing direct access to major arterial roads and public amenity.
Property History for 5/34 Commercial Rd, Newstead, QLD 4006
- 12 Apr 2023Listed for Sale Contact Agent
- 07 Feb 2023Sold for $955,000
- 25 Jun 2021Sold for $825,058
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 5,788 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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