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Sold on 09 Jun 2024 for $800,000

1/116 Mowbray Terrace
East Brisbane QLD 4169

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 139m2
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Property Details for 1/116 Mowbray Tce, East Brisbane

1/116 Mowbray Tce, East Brisbane is a 3 bedroom, 1 bathroom Townhouse with 2 parking spaces. The property has a land size of 139m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Townhouse sold in East Brisbane in the last 12 months.

Building Type
Townhouse
Land Size
139m2
Local Government
Brisbane
Lot/Plan
1/SP226148

Last Listing description (June 2024)

Nestled in the idyllic suburb of East Brisbane, this impeccably designed three-bedroom townhouse presents a remarkable opportunity for entry-level buyers to secure a slice of one of Brisbane's most sought-after locales. Positioned within a boutique complex of five residences, 1/116 Mowbray Terrace offers a harmonious blend of timeless Queenslander style and contemporary comfort, all just approximately 2.5km from the bustling heart of the CBD.

The exterior of the property exudes charm with its fully fenced yard and an established garden that invites tranquillity into the urban environment. Upon entering, one is struck by the classic elegance of pressed metal ceilings and the warm glow of polished timber flooring, conveying a sense of heritage and durability.

Air conditioning throughout the residence ensures year-round comfort, while the intelligent design maximises space and utility. The two-car tandem garage provides ample parking and additional space that can be utilised for a casual entertainment area or for extra storage, depending on individual lifestyle needs.

Internally, the townhouse is a testament to meticulous maintenance, resulting in a dwelling that presents in a well-maintained condition. The remote garage and secure parking further underscore the commitment to privacy and security within the complex.

Embracing the Queensland lifestyle, the property's layout is conducive to both relaxation and entertaining. The central location affords convenience at its best, with close proximity to Churchie Boys' Anglican College, the vibrant Woolloongabba dining precinct, and the tranquillity of Mowbray Park. The Brisbane River is within easy reach, offering pleasant City Cat ferry services for effortless transport to the CBD, universities, and cultural venues.

Looking to the future, the forthcoming Brisbane Olympics and redevelopment initiatives in the vicinity signal an optimistic trajectory for growth and vibrancy in the area. The residence's excellent access to the Clem 7 Tunnel also makes travel to Brisbane Airport and other destinations a breeze.

Additional features such as fenced outdoor spaces, close proximity to parklands, schools, shops, and transport, confer an undeniable appeal to this townhouse, making it an ideal domicile for those valuing comfort, convenience, and community. This property is not just a home; it's a gateway to an enviable Brisbane lifestyle.

Property History for 1/116 Mowbray Tce, East Brisbane, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$800,000
09 Jun 2024
Listed for Rent
$520/w
26 Nov 2020
  • 09 Jun 2024
    Sold for $800,000
  • 15 May 2024
    Listed for Sale Not Disclosed
  • 19 Aug 2019
    Listed for Rent - Price not available
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About East Brisbane 4169

The size of East Brisbane is approximately 2 square kilometres. It has 10 parks covering nearly 8.6% of total area. The population of East Brisbane in 2011 was 5,598 people. By 2016 the population was 5,932 showing a population growth of 6.0% in the area during that time. The predominant age group in East Brisbane is 20-29 years. Households in East Brisbane are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Brisbane work in a professional occupation. In 2011, 44.7% of the homes in East Brisbane were owner-occupied compared with 40.7% in 2016.

East Brisbane has 3,798 properties. Over the last 5 years, Houses in East Brisbane have seen a 76.36% increase in median value, while Units have seen a 69.12% increase. As at 31 August 2024:

  • The median value for Houses in East Brisbane is $1,471,269 while the median value for Units is $707,207.
  • Houses have a median rent of $790 while Units have a median rent of $575.
There are currently 19 properties listed for sale, and 14 properties listed for rent in East brisbane on OnTheHouse. According to CoreLogic's data, 163 properties were sold in the past 12 months in East brisbane.

Suburb Insights for East Brisbane 4169

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Madi Roche
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Cathy Roche
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The Agency Brisbane
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.