Ray White Commercial has the pleasure to offer 14 Maud Street Newstead in Brisbane, Queensland Australia, for sale via Expressions of Interest campaign closing Wednesday 11 November 2020 at 4.00pm (AEST).

14 Maud Street Newstead represents an outstanding opportunity to develop a DA approved boutique residential scheme or revitalise the existing heritage building just 2.5 kilometres* from the Brisbane CBD in one of Brisbane's most exciting lifestyle precincts and surrounded by some of Brisbane's most affluent suburbs.

- 2.5 kilometres* from the CBD and positioned amongst some of the best retail and lifestyle amenity in Brisbane at Newstead River Park (including Gasworks and Haven)
- Prominent 1,821m2* site with 30 metre* street frontage
- Revitalise the existing 1,266m2* NLA heritage building (former Federal Boot Factory) with 32 car bays
- Mixed-use (centre frame) zoning under Brisbane City Council
- DA approval for a striking 9-storey residential tower providing 52 apartments (2 and 3 bedroom) which stylishly integrates the existing 1,012m²* NLA heritage building for commercial/retail (or convert to additional apartments^)
- Rooftop Pool, Landscaped Gardens and Entertainment Area
- Set to benefit from the new Newstead North Neighbourhood Plan which focuses on promoting economic development in the area by encouraging low impact and creative industries and allowing for targeted mixed-use growth
- 400 metres* from Newstead Park
- 800 metres* from Bowen Hills train station and 150 metres* from bus stations (inbound and outbound)
- Set to benefit enormously from several significant new major projects and public infrastructure, including, Mercedes-Benz Lifestyle Precinct (recently completed), $700 million* Kingsford Smith Drive Upgrade Project (completion 2020) and the new Breakfast Creek Green Bridge (completion 2023)
- Newstead is a rejuvenated area surrounded by some of Brisbane's most affluent suburbs in Hamilton, Ascot, Teneriffe, and New Farm. And is bordered by the Brisbane River and Fortitude Valley (entertainment and commercial precinct).
- Excellent opportunity to capitalize on a market with diminishing forecast unit supply and located in one of Brisbane's most exciting precincts underpinned by strong fundamentals and demographics. Upmarket boutique 2 and 3 bedroom residential apartments in this precinct have great appeal to several demographic cohorts in particular the young professional and downsizer markets

As the exclusive marketing agents, we encourage your strong consideration of this outstanding property and look forward to assisting you with your enquiries.



*Approx.