FOR SALE
Best Offer Over $450,000 By 26/09/2024 at 5pm

3/27 Fernberg Road
Paddington QLD 4064

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Renovated Ground Apartment With Fully Fenced Courtyard!

In a perfect position only 550m from Rosalie Village and 2.7km from the CBD, this ground- floor apartment offers an ideal investment or first home with a walk-to everything lifestyle. Exceptionally low-maintenance and featuring an alfresco courtyard and double brick construction, the property stays cool with gentle breezes in summer, warm in winter and provides privacy year-round.
The living area features room for a study and a full-size kitchen with a cooktop, oven and dishwasher. Meals can be shared inside, and after-work drinks can be sipped in your peaceful courtyard, which offers a relaxing spot to sit under the lights and unwind. Featuring functional accommodation, the bedroom includes a built-in robe, and the bathroom boasts a rainfall shower and a spa bath, perfect for enjoying after a long day. There is also a massive storage area downstairs with a sump pump.
* Body corporate rates are $2,450 per year
* Sinking fund balance is $55,069.19
Property features:
- Low-maintenance apartment in a lifestyle location
- Cool living area and an alfresco courtyard with a garden to grow herbs
- Modern kitchen, concealed dishwasher and washing machine
- 1 bedroom and 1 bathroom with a spa bath and rainfall shower
- Lots of cupboard and wardrobe space
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Property Details for 3/27 Fernberg Rd, Paddington

3/27 Fernberg Rd, Paddington is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Ray White Paddington (Qld).

Building Type
Apartment

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About Paddington 4064

The size of Paddington is approximately 2.5 square kilometres. It has 10 parks covering nearly 1.4% of total area. The population of Paddington in 2011 was 7,986 people. By 2016 the population was 8,554 showing a population growth of 7.1% in the area during that time. The predominant age group in Paddington is 20-29 years. Households in Paddington are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Paddington work in a professional occupation. In 2011, 51.4% of the homes in Paddington were owner-occupied compared with 52.4% in 2016.

Paddington has 4,612 properties. Over the last 5 years, Houses in Paddington have seen a 62.38% increase in median value, while Units have seen a 44.53% increase. As at 31 August 2024:

  • The median value for Houses in Paddington is $1,883,229 while the median value for Units is $735,742.
  • Houses have a median rent of $825 while Units have a median rent of $550.
There are currently 26 properties listed for sale, and 18 properties listed for rent in Paddington on OnTheHouse. According to CoreLogic's data, 182 properties were sold in the past 12 months in Paddington.

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Luke Dawson
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Ray White Paddington (Qld)
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