Property Details for 9 Creswell St, Newstead
Last Listing description (November 2022)
Gasworks Office/ Warehouse Opportunity
Colliers is pleased to offer an outstanding freehold office/ warehouse building suitable for occupation, investment or redevelopment in the prestigious and tightly held Gasworks/ Newstead precinct. The building with its modern fitout is work ready and offers scope to expand or simply alter the layout within the clear free spanning space.
9 Creswell Street is being offered for sale by Public Auction at the property at 11:00am Thursday 29 September 2022.
Highlights of the opportunity include:
- 350m* modern office/warehouse building
- 341m* regularly shaped freehold lot
- Contemporary fitout in place
- Significant investment in solar power with Tesla battery infrastructure
- Gasworks coffee shops, restaurants, shopping within walking distance
- On site car parking
- Immediate vacant possession available
- Light Industry zoning with strong development future
Please contact the exclusive agent below for a copy of the Information Memorandum or to arrange an inspection
*Approximate
Property History for 9 Creswell St, Newstead, QLD 4006
- 29 Sep 2022Sold - Price Undisclosed
- 30 Aug 2022Listed for Sale Please contact agent
- 05 May 2022Listed for Rent - Price not available
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 5,920 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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