64 Commercial Road, Newstead, Qld 4006

64 Commercial Road, Newstead, presents a rare opportunity to acquire a premium commercial asset in one of Brisbane’s most sought-after precincts. Perfectly positioned between James Street and Gasworks, this high-profile corner site offers strong holding income with outstanding repositioning or development potential.

Key Highlights:

Substantial Holding: 1,530 sqm* NLA on a 956 sqm corner land parcel* with high exposure

Secure Income: Strong holding income with flexible lease tenures, allowing for easy repositioning, redevelopment, or owner occupation

Zoning & Development Potential: Identified within the Commercial Road Precinct (NPP-002) of the Newstead and Teneriffe Waterfront Neighbourhood Plan, currently allowing for a 6-story development

Rare Character Offering: One of only five character buildings in the precinct over 1,530 sqm NLA*, featuring soaring ceiling heights in the Annex component and significant architectural appeal

Caretaker’s Suite: A unique top-floor 3-bedroom apartment, offering potential for alternate commercial or residential use

Strong Car Parking: 16 on-site car parks with easy access off Masters Street, plus potential for car lifts to further enhance parking capacity

Thriving Development Precinct: Surrounded by national award-winning developers shaping the future of Newstead,  with major projects such as Stage 2, LeBain by Cavcorp, Ducale by Epoch, 88 Robertson St by Goldfields, Little Italy by Panniterre, and Teneriffe Banks by Kokoda

Prime Location: Nestled between two of Brisbane’s most renowned lifestyle and commercial hubs – James Street and Gasworks – offering unrivaled amenity and connectivity

With a blend of opportunities, 64 Commercial Road presents an exceptional opportunity for investors, land-bankers, and developers looking to capitalise on Newstead’s continued evolution.

For Sale via Expressions of Interest closing at 4pm (AEST), Wednesday 2nd April, if not sold prior.