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3 & 5 Stratton Street Newstead, QLD 4006

3 & 5 Stratton Street,
Newstead, QLD 4006

Development Sites & Land • Medical & Consulting • Showrooms & Large Format Retail

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SOLD BY BAKER PROPERTY - REPOSITION / REDEVELOP OR LAND BANK

Baker Property is pleased to offer 3 & 5 Stratton Street, Newstead to the market for the first time in over 26 years. This opportunity provides two freestanding buildings offering a range of possibilities, including the option to buy one or both properties, occupy, invest, reposition, redevelop or land bank for the future.

Conveniently located just off Commercial Road, situated between Gasworks Newstead and the James Street Precinct and only 2.5km* from Brisbane's CBD.

Following features:
• Two freestanding buildings on separate lots
• 3 Stratton Street building area: 598sqm*
• 5 Stratton Street building area: 495sqm*
• Total building area: 1,093sqm*
• 920sqm* prime inner-city land holding with 25m* frontage
• Flexible MU1 mixed-use zoning / great development potential
• Option to occupy, invest, redevelop or simply land bank
• Properties can be purchased separately or together in one line
• Located just minutes from Emporium, Gasworks and James Street Precinct
• Close to public transport, mix of retail, dining and entertainment offerings
• Buildings provide a blank canvas, great internal height and rendered brick facades
*approximate

For Sale via Offers to Purchase.

For further information or to arrange an inspection contact the exclusive agents, Baker Property.

Newstead, 4006 demographic data

The median household income for Newstead is $2,325, 26% higher than Greater Brisbane's household income of $1,849. Newstead has a younger age profile compared to the rest of Greater Brisbane (median age 33 vs 36). Property ownership data shows 49% of property owners in Newstead have a mortgage.

7,496
Population
$2,325 per week
Median household income
33 years
Median age
Renters
Most residents
Families
Most households
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3 & 5 Stratton Street
Newstead, QLD 4006