10 Masters Street NEWSTEAD, QLD 4006

Sold on 16 Feb 2015
  • Building: 310m²
  • Land: 460m² (0.11 acres)

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Industrial/Warehouse in NEWSTEAD

Detached Newstead Shed on 460m² MP2 Land

  • Building: 310m²
  • Land: 460m² (0.11 acres)


  • New 1 year Lease (Nil Option) provides holding income
  • 460 sqm MP2 allotment, with 12 metre wide frontage
  • 310* sqm office / warehouse improvements with good bones
  • Solid brick construction
  • Roller shutter access
  • Column free warehouse space
  • Male and female amenities
  • Pedestrian access on right side elevation to rear of site

* = approximately

Potential +
- Investors can renovate and re-set the Lease profile upon expiry
- Developers have multi-story, mixed use development opportunity under the sites attractive MP2 zoning
- Business owners can wait out the current Lease legacy, and occupy in circa 12 months time

Masters Street is a direct feeder off Longland Street, and Commercial Road. Both of which connect to Ann Street, Skyring Terrace, and Wickham Terrace.

Newstead is less than 2 kilometres from Brisbane's GPO, and the subject property is nearby the major FKP development "Gasworks". Providing a very high level of retail amenity to the area such as; banking, Woolworths, food, beverage and service industry.

Public transportation is strong to Newstead; City Glider service to Commercial Road, rail station at nearby Fortitude Valley, and Teneriffe City Cat which is only a few hundred metres from the site.


Paul Anderson (Exclusive Agent) on 0438 661 266.




460m² / 0.11 acres


Industrial/Warehouse, Offices, Retail