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Baker Property (QLD) - NEWSTEAD

5 Morse Street Newstead, QLD 4006

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5 Morse Street,
Newstead, QLD 4006

Shops & Retail • Medical & Consulting • Offices

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Baker Property (QLD) - NEWSTEAD
Regan Baker

Baker Property (QLD) - NEWSTEAD

PO BOX 3241
NEWSTEAD, QLD 4006
04060765...
Baker Property (QLD) - NEWSTEAD
5 Morse Street
Newstead, QLD 4006

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FREESTANDER JUST METRES FROM JAMES STREET

Baker Property is pleased to offer 5 Morse Street, Newstead to the market for sale via Expressions of Interest.

The property provides a unique opportunity to secure a freestanding character style building adjoining parkland with flexible mixed-use zoning, attractive holding income and is located within the iconic James Street Precinct.

Highlights of the property include:

• 515sqm* freestanding building over two levels
• Great internal height and natural light throughout
• 405sqm* inner-city land located within the James Street Precinct
• Adjoining Morse Street Park and provides direct access to James Street
• Flexible mixed-use zoning and suitable for a range of users
• Development potential for up to 4 storeys (STCA)
• Currently leased to the same tenant for over 9 years
• Located only 2km* to the Brisbane CBD
• Close to public transport, mix of retail, dining and entertainment offerings
*approximate

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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