714/42 Wyandra StreetNewstead QLD 4006
Property Details for 714/42 Wyandra St, Newstead
714/42 Wyandra St, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 62m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (June 2023)
Be right in the heart of it with this beautifully-presented 1-bedroom apartment in the prestigious “Mode Apartments” Welcome to unit 714 of 42 Wyandra Street, Newstead. Catch both river and city views from the spacious balcony while enjoying a drink or catching up with friends. With on-site management, strong investment yields, and low body corporate fees, this near-new apartment is fantastic for many, including first home buyers, downsizers, and investors.
Stepping into the apartment, you're greeted by a hallway with storage, a large bathroom, and separate laundry to help keep the space organised and tidy. The open plan living and dining area flows through to the kitchen which affords stone benchtops, plenty of space for cooking, and a gorgeous view of the surrounding suburbs.
The bedroom has a large built-in wardrobe. This apartment features ducted air-conditioning throughout and a fan in the bedroom for those warm Brisbane summers. Slide the balcony doors wide open to enjoy the gentle breeze and views of the city skyline. The modern apartment also features a security intercom system for that added peace of mind, so you know exactly who's asking to come for a visit without having to leave the comfort your home. This light and airy apartment also has access to the rooftop barbeque space for socialising while admiring the expansive views. The complex also features a meeting room for those that wish to meet with clients or have a breakout space when working from home.
Additional features:
- One (1) secure car space
- Body corporate rates: $1014 (approx),
- Brisbane City Council rates $400 (approx)
- Sinking: Fund: $605,439.67
- Rental Appraisal $575 - $600 per week
- Current lease ends in June ready to move in
- 6.93% Yield!
Positioned in a central location, this apartment is minutes from Gasworks Shopping Centre and a short stroll from the highly-acclaimed James Street precinct. Take an afternoon wander along the Riverwalk, or catch the ferry over to the CBD to explore all that Brisbane city has to offer. There are also plenty of buses nearby for those that need to commute. This Newstead apartment comes with a secure parking space, making it easy for you to come and go as you please, while keeping your vehicle off the street.
New Farm Park is just a short walk away, perfect for picnics or an afternoon jog. The Brisbane Powerhouse is also within close proximity - great news for comedy and arts aficionados. You'll also be close to a number of breweries and bars where you can enjoy a drink or delicious meal with loved ones while soaking up that inner-city living lifestyle.
This is a fantastic opportunity to purchase a one-bedroom apartment in the heart of Newstead, within walking distance to some of Brisbane's best restaurants, coffee shops and amenities. Contact Nicholas McCluskey on 0416 121 550 today to organise your inspection.
Property History for 714/42 Wyandra St, Newstead, QLD 4006
- 18 Apr 2023Sold for $442,500
- 29 Mar 2023Listed for Sale UNDER CONTRACT by Nick McCluskey
- 03 Oct 2018Listed for Rent $460 / week
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 5,922 properties. Over the last 5 years, Houses in Newstead have seen a -2.13% decrease in median value, while Units have seen a 89.29% increase. As at 31 March 2026:
- The median value for Houses in Newstead is $963,396 while the median value for Units is $1,068,552.
- Units have a median rent of $790.
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