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204/28 Masters Street, NewsteadUnder Contract
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204/28 Masters Street

Newstead, QLD 4006, Australia
Under Contract
2 bed 2 bath 1 car121 m²

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About this property

Opportunities like this are incredibly rare, with two-bedroom units in this tightly held, very quiet boutique complex of just 30 residences seldom coming to market. Built approximately 20 years ago with solid Besser brick construction between units, 28 Masters St is renowned for its durability, low-maintenance appeal, and unbeatable location just moments from Gasworks, the riverwalk, public transport, and a vibrant selection of trendy cafés, bars, and restaurants. Positioned on the second floor with an easterly aspect, Unit 204 offers a generous 105m² of recently renovated living, featuring the highly sought after advantage of both front and rear outdoor areas, expansive interiors with oversized living spaces and bedrooms comfortably accommodating king-sized beds, and an airy, light-filled atmosphere enhanced by rare bathroom windows and refreshing cross-breezes throughout. Unit 204 is an exceptional home in a quality complex built to truly stand the test of time. - 105m² of living ( pet friendly ) - Body corporate fees: $1731 approx per quarter - Rates $548 approx per quarter - Utilities $348 approx per quarter  - Sinking fund: $150,000 + approx - Renovated Oak like timber floors, new kitchen stone bench tops, new AC in living and master, new carpets and new vanities in bathrooms - Generously sized master and second bedroom which fit easily a king-size bed - Very active body corporate community with 68% owner occupied - Low maintenance walkup complex with no pool, gym or lifts - Proximity to Gasworks (Total Fusion, Baker D. Chirico, Woolworths flagship store, Standard Market and many more), James Street, Powerhouse and New Farm Park, Howard Smith Wharves and the CBD.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
2
Parking
1
Land Area
121 m²
Listed
2 months ago

Repayment calculator

$5,309/month
$2,654 /fortnight
Loan $876,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$219,000
Stamp duty$43,488
Conveyancing (est.)$2,000
Total upfront$264,488
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Newstead

This 2-bedroom apartment in Newstead, QLD 4006 sits within reach of public transport, local shops local amenities.

What's nearby

  • Skyring Tce near Cunningham St (bus)217 m away
  • Woolworths113 m away
  • Unnamed198 m away
  • Unnamed357 m away
  • Unnamed379 m away

Newstead at a glance

Full suburb profile
Population
7,496
Median age
33
Household income
$2,325/wk
Median rent
$490/wk
Median mortgage
$2,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Newstead price trend

Median sold · Unit 2 bed

Compound growth +14.3% / yr over 4 yrs

$1.11mcurrent median

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