FOR SALE
Auction | Friday 24th January @ 11:00am

7/166 Sydney Street
New Farm QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 105m2
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Auction Time
Fri 24 Jan 11:00 am
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No upcoming inspections scheduled.
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105sqm Courtyard Apartment in Prime Location

Situated in one of New Farm's best locations, metres from New Farm Park and all the abundant lifestyle amenities of Brisbane's most popular suburb, this ground floor courtyard apartment offers a unique opportunity for both occupiers and investors.
The clever layout of the apartment consists of a generous living/dining area, quality kitchen that includes gas cooking, stone island bench and ample storage, study nook and a large bedroom with two-way ensuite. There are tiled floors through the living areas that are complemented by quality wool carpets in the bedroom with the open-plan living area seamlessly connecting indoor and outdoor spaces via bi-fold doors.
The major highlight of the apartment is the expansive 52sqm courtyard that allows for incredible entertaining opportunities and a unique point of difference within one of New Farm's best buildings.
Sydney on Sydney consists of 57 apartments with an excellent onsite manager, pool, secure carpark, ample visitor car parks and secure pedestrian access. Locationally, the New Farm Park and Powerhouse entertainment precinct offers dining and cultural activities.
You are also moments from the Merthyr Rd retail hub and James Street - renowned for its upscale shopping, dining options, and cinemas. Public transport, including regular ferry and bus services, is conveniently located minutes from your doorstep, ensuring seamless connectivity.
Currently rented for $710 per week but with the tenants leaving imminently, there is the opportunity to occupy immediately or secure similar strong returns immediately.
Genuine sellers have committed to an auction on Friday 24th January with the auction to be held at our Ray White New Farm office at 612 Brunswick Street at 11:00am. All pre-auction offers are to be submitted in writing for consideration.
Contact Brandon Wortley on 0447 269 591 or Caleb Komorowski on 0492 853 900 for further information or to pre-register for the auction.
Body Corporate Fees: $5606.92 per annum (paid quarterly)
Council Rates: $1029.21 per quarter
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Property Details for 7/166 Sydney St, New Farm

7/166 Sydney St, New Farm is a 1 bedroom, 1 bathroom House with 1 parking spaces. The property has a floor size of 105m2. The place is currently for sale with Ray White Bulimba.

Building Type
House
Floor Size
105m2

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About New Farm 4005

The size of New Farm is approximately 2.5 square kilometres. It has 4 parks covering nearly 9.1% of total area. The population of New Farm in 2011 was 11,330 people. By 2016 the population was 12,536 showing a population growth of 10.6% in the area during that time. The predominant age group in New Farm is 20-29 years. Households in New Farm are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in New Farm work in a professional occupation. In 2011, 40.5% of the homes in New Farm were owner-occupied compared with 39.7% in 2016.

New Farm has 7,920 properties. Over the last 5 years, Houses in New Farm have seen a 81.92% increase in median value, while Units have seen a 65.24% increase. As at 30 November 2024:

  • The median value for Houses in New Farm is $2,890,467 while the median value for Units is $1,023,654.
  • Houses have a median rent of $720 while Units have a median rent of $630.
There are currently 30 properties listed for sale, and 24 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 336 properties were sold in the past 12 months in New farm.

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Brandon Wortley
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Caleb Komorowski
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Ray White Bulimba
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