506/27 Commercial Road, Newstead, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

506/27 Commercial Road
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 89m2
Land area: 103m2
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Property Details for 506/27 Commercial Rd, Newstead

506/27 Commercial Rd, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 103m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
Unit
Year Built
2016
Floor Size
89m2
Land Size
103m2
Local Government
Brisbane
Lot/Plan
506/SP273554

Last Listing description (December 2024)

This luxurious 5th level apartment built in 2016 is located on the North East corner, bathed in natural light and positioned to catch the cool river breezes. Designed with quality and functionality in mind, 'La Vida Apartments' are located close to all the action including the river, restaurants, cafes and just over 2km to the CBD. This stunning apartment is perfect for an owner occupier and ready to move into immediately.

Boasting an open-plan design, the highlight of this unit is its expansive floor-to-ceiling glass sliding doors that seamlessly connect the indoor living area with an entertainers' balcony off both the living and main bedroom. The kitchen is a highlight, equipped with premium Ilve appliances, a gas cooktop and plenty of storage, making it perfect for both cooking and entertaining.

The floor plan is thoughtfully designed to ensure optimal privacy between the two bedrooms. The Master Bedroom boasts a walk-through robe, an ensuite, and a spacious layout with direct access to the balcony. The Second Bedroom includes a built-in wardrobe and is conveniently situated near the main bathroom. Both bedrooms are brightened by large windows, allowing for plenty of natural light and fresh breezes.

Experience an unparalleled lifestyle with resort-style amenities, featuring a rooftop pool, sauna, BBQ area, and sun loungesideal for hosting and relaxing with family and friends.

- Light filled corner apartment on N/E corner
- Bespoke finishes throughout with new carpet in the bedrooms
- Open plan living with separate dining area
- N/E balcony perfect for
- Ducted air conditioning throughout
- Two spacious bedrooms with built-in, master with ensuite and walk through robe
- Quality bathrooms, internal laundry,
- Contemporary kitchen with stone bench tops
- Ilve stainless steel appliances including gas cooktop and integrated microwave
- Roof top pool, sauna and BBQ area perfect to entertain family and friends.
- Secure basement carparking for one car with lift access
- Reasonable body corporate of approximately $5150 per annum including insurance.
- Pet Friendly (Subject to body corporate approval)
- Bus, train and ferry transport options all only a short walk away
- 350m to Gasworks Plaza with abundance of restaurants and cafe's, parkland
- 850m to Brisbane River and Teneriffe Ferry Terminal
- The apartment is vacant and ready to move into immediately

The La Vida building stands out for its impressive array of amenities, offering a premium living experience. Residents enjoy secure entry, lift access, on-site management, and access to a popular caf and restaurant. The building also includes basement parking with gated entry, a rooftop in-ground pool, barbecue area, sauna, and stunning views of the CBD, all with wheelchair accessibility.

Its location is unbeatable, nestled between the vibrant Teneriffe dining precinct and the renowned James Street district, both just a short stroll away. Additionally, the nearby Gasworks precinct in Newstead provides even more options for dining and entertainment.

With reasonable Body Corporate fees, this is the perfect opportunity to embrace a fantastic lifestyle in a trendy, sought-after neighbourhood. The interstate owner instructions are clear.........SELL !!!

Property History for 506/27 Commercial Rd, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$930,000
14 Oct 2024
Listed for Rent
$800/w
03 Dec 2024
  • 13 Nov 2024
    Listed for Rent $800 / week
  • 14 Oct 2024
    Sold for $930,000
  • 03 Oct 2024
    Listed for Sale OFFERS
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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 5,758 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 18 properties listed for sale, and 2 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 397 properties were sold in the past 12 months in Newstead.

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Cotality Copyright and Legal Disclaimers about Property Data
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.