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204/28 Masters Street
Newstead, QLD 4006

By Negotiation

2
Bed
2
Bath
1
Cars
Land Size: 121 sqm
Property Type: Apartment
Listed Date: 24th Apr 2026
Overview

204/28 Masters Street, NewsteadBy negotiation QLD 4006

Opportunities like this are incredibly rare, with two-bedroom units in this tightly held, very quiet boutique complex of just 30 residences seldom coming to market. Constructed approximately 20 years ago with solid Besser brick between units, 28 Masters Street is well known for its durability, low-maintenance appeal, and unbeatable location just moments from Gasworks, the riverwalk, public transport, and a vibrant selection of trendy cafes, bars, and restaurants.

Positioned on the second floor with an easterly aspect, Unit 204 offers a generous 105 square meters of recently renovated living space. This unit features the highly sought after advantage of both front and rear outdoor areas, expansive interiors with oversized living spaces, and bedrooms that comfortably accommodate king-sized beds. The airy, light-filled atmosphere is enhanced by rare bathroom windows and refreshing cross-breezes throughout.

Unit 204 is an exceptional home in a quality complex built to truly stand the test of time. The living area is pet friendly and has been updated with renovated oak-like timber floors, new kitchen stone benchtops, new air conditioning in the living and master bedroom, new carpets, and new vanities in the bathrooms.

  • 105 square meters of living space
  • Body corporate fees approximately $1,731 per quarter
  • Council rates approximately $548 per quarter
  • Utilities approximately $348 per quarter
  • Sinking fund of approximately $150,000+
  • Generously sized master and second bedrooms that easily fit king-size beds
  • Very active body corporate community with 68% owner occupancy
  • Low maintenance walk-up complex with no pool, gym, or lifts
  • Close proximity to Gasworks (including Total Fusion, Baker D. Chirico, Woolworths flagship store, Standard Market, and more), James Street, Powerhouse and New Farm Park, Howard Smith Wharves, and the CBD

This unit offers a rare combination of location, quality, and lifestyle, making it an ideal choice for those seeking a durable, low-maintenance home in a vibrant and convenient area.

Location
204/28 Masters Street
Newstead QLD 4006
Measurements
Type Dimensions
Floor Area 105 sqm
Market Insights for Newstead QLD 4006
New Listings (last 30 days)
7
Average price
$1,014,286
Lowest price
$600,000
Highest price
$1,500,000
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.