64 Commercial Road, Newstead, QLD 4006 sold on 14 May 2025 | OnTheHouse
 
SOLD
Sold on 14 May 2025 for $12,750,000

64 Commercial Road
Newstead QLD 4006

Bedrooms: -
Bathrooms: -
Car spaces: 2
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Property Details for 64 Commercial Rd, Newstead

Building Type
Commercial
Local Government
Brisbane
Lot/Plan
129/RP9287

Last Listing description (November 2022)

FULLY LEASED TROPHY INVESTMENT IN NEWSTEAD!

Elders Commercial Brisbane are pleased to present to the market for sale via Expressions of Interest this landmark fully-leased mixed-use building located at 64 Commercial Road, Newstead!

This freestanding, three (3) level commercial opportunity combines old world charm with new modern architectural features including exposed brick work, intricate ceilings along with the impressive recent fit out providing modern, desirable and functional spaces!

Key features of the property include:

- 1,678m2 NLA* three (3) level commercial holding
- 956m2 land parcel - MU1 Mixed Use - development upside
- Fully leased returning $689,040.65* Net P.A. + Outgoings + GST
- Diverse mix of six (6) professional, retail & creative tenants
- Sixteen (16) secure on-site car parks
- High-profile Commercial Road corner site with signage potential
- Stone's throw to Gasworks & James Street

Easily one of Brisbane's best character buildings with solid underlying investment fundamentals. For more information or to arrange an inspection, contact your exclusive Elders Commercial Agents today!

*Approximately

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Property History for 64 Commercial Rd, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$12,750,000
14 May 2025
  • 24 May 2022
    Listed for Sale Contact Agent
  • 24 May 2022
    Listed for Rent - Price not available
  • 01 Apr 2013
    Listed for Rent $550 per week
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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 5,760 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 14 properties listed for sale, and 7 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 404 properties were sold in the past 12 months in Newstead.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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