Watch Watch
Your home of Development Ready videos
Watch Watch
All Videos
Back
Back to results
Properties / Buy / Queensland / Newstead
Save
Share
Added Yesterday

28 Chester St & 12 Proe St, Newstead, QLD, 4006

Enquire
+5 Photos
/
Images
Close

28 Chester St & 12 Proe St, Newstead, QLD, 4006

Newstead

Enquire now or Access Dataroom
28 Chester St & 12 Proe St, Newstead, QLD, 4006
×
+7 Photos
28 Chester St & 12 Proe St, Newstead, QLD, 4006

28 Chester St & 12 Proe St, Newstead, QLD, 4006

Properties / Buy / Queensland / Newstead
Development Potential
Property Type
Commercial, Industrial, Mixed Use
Sub Type
Land Site
Land Area
min - 569, max - 1,201 m² (*approx)
Zoning
MU1 Mixed Use (Inner City)
LGA
Brisbane City
Selling Method
EOI: Closing, Thursday 11th June, 2026
DOCUMENTS AVAILABLE
Request Access
Show All
Prime Newstead Landholding with Dual-Lot Flexibility & Future Upside

28 Chester Street and 12 Proe Street present a rare opportunity to secure a meaningful foothold within Brisbane's premier inner-city precinct. Located in the heart of Newstead and on the doorstep of the vibrant James Street Precinct, this offering captures the essence of one of the city's most tightly held and highly sought-after locations.

• Two adjoining parcels of 632sqm* and 569sqm*, providing a combined site area of 1,201sqm*

• Existing buildings offer a versatile foundation suited to a range of uses including office, showroom, hospitality or adaptive reuse

• Dual-Lot Flexibility - Ability to acquire individually or in one line, offering flexibility and future development upside

• Mixed Use (Inner City) Zoning

• Holding income from long standing tenant

• Located within the high-growth Fortitude Valley corridor, underpinned by significant recent and emerging residential development driving increased demand and activation

For Sale by Expressions of Interest Closing 11 June 2026 (if not Sold prior)

Contact Exclusive Agents Raine & Horne Commercial and Your Commercial for more information!

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Potential

28 Chester St & 12 Proe St Development Site Summary

Property Type
Commercial, Industrial, Mixed Use
Sub-type
Land Site
Land Area
min - 569, max - 1,201 m² (*approx)
Zoning
MU1 Mixed Use (Inner City)
LGA
Brisbane City
Selling method
EOI: Closing, Thursday 11th June, 2026
DOCUMENTS AVAILABLE
Gain Access

Development Site Highlights

Prime Newstead Landholding with Dual-Lot Flexibility & Future Upside

28 Chester Street and 12 Proe Street present a rare opportunity to secure a meaningful foothold within Brisbane's premier inner-city precinct. Located in the heart of Newstead and on the doorstep of the vibrant James Street Precinct, this offering captures the essence of one of the city's most tightly held and highly sought-after locations.

• Two adjoining parcels of 632sqm* and 569sqm*, providing a combined site area of 1,201sqm*

• Existing buildings offer a versatile foundation suited to a range of uses including office, showroom, hospitality or adaptive reuse

• Dual-Lot Flexibility - Ability to acquire individually or in one line, offering flexibility and future development upside

• Mixed Use (Inner City) Zoning

• Holding income from long standing tenant

• Located within the high-growth Fortitude Valley corridor, underpinned by significant recent and emerging residential development driving increased demand and activation

For Sale by Expressions of Interest Closing 11 June 2026 (if not Sold prior)

Contact Exclusive Agents Raine & Horne Commercial and Your Commercial for more information!

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Potential
Joseph Grasso
Joseph Grasso
+61 *** *** *** show +61 418 789 080
Message Message
+61 418 789 080 [email protected] Message
Greg Tate
Greg Tate
+61 *** *** *** show +61 407 037 889
Message Message
+61 407 037 889 [email protected] Message
Chris McLeod
Chris McLeod
+61 *** *** *** show +61 410 614 302
Message Message
+61 410 614 302 [email protected] Message
Access Dataroom
Joseph Grasso
Joseph Grasso
+61 *** *** *** show +61 418 789 080
Message Message
+61 418 789 080 [email protected] Message
Greg Tate
Greg Tate
+61 *** *** *** show +61 407 037 889
Message Message
+61 407 037 889 [email protected] Message
Chris McLeod
Chris McLeod
+61 *** *** *** show +61 410 614 302
Message Message
+61 410 614 302 [email protected] Message

Finance Calculator

28 Chester St & 12 Proe St, Newstead, QLD, 4006

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: queensland
Indicative rate for queensland. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO queensland for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 28 Chester St & 12 Proe St, Newstead, QLD, 4006

One moment please.

Retrieving map...

Due Diligence

Developments and amenities within a 5km radius of this Commercial opportunity at 28 Chester St & 12 Proe St, Newstead, QLD, 4006.

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
28 Chester St & 12 Proe St, Newstead, QLD, 4006 Newstead
Enquire
Raine & Horne Commercial - Brisbane Southside & Bayside
Raine & Horne Commercial - Brisbane Southside & Bayside
1652 Ipswich Rd, Rocklea & 1/26 Redland Bay Rd, Capalaba, Rocklea, Qld 4106
View Agency Profile
Joseph Grasso
Joseph Grasso
+61 *** *** *** show +61 418 789 080
Greg Tate
Greg Tate
+61 *** *** *** show +61 407 037 889
Your Commercial
Your Commercial
1/50 Commercial Road Newstead QLD 4006
Chris McLeod
Chris McLeod
+61 *** *** *** show +61 410 614 302
Enquire