OFF MARKET

16 Lucy Street
Milton QLD 4064

Bedrooms: 7
Bathrooms: 3
Car spaces: 5
Land area: 459m2
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Property Details for 16 Lucy St, Milton

16 Lucy St, Milton is a 7 bedroom, 3 bathroom Unit with 5 parking spaces. The property has a land size of 459m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Land Size
459m2
Local Government
Brisbane
Lot/Plan
1/SP139870

Last Listing description (October 2022)

Blessed with close to a 20-metre street frontage, this handsome character home has a commanding presence in an elevated and highly sought after inner city location, extremely close - just 2km to the CBD.

Currently configured as two separate dwellings, 16 (5-bedroom house) & 16a (2-bedroom apartment) the property offers attractive options to a range of buyers from investors, to those seeking dual occupancy or it could easily be transformed into one large and superb family home.

The upper level has the traditional features that make character homes so iconic soaring, decorative ceilings, VJ walls and polished timber floors. What once would have been an open front verandah is now a very generously sized sunroom, the perfect spot to relax, enjoy the breezes and a lovely local outlook with views to the north.

The home has wonderful proportions and at its heart is a spacious, open plan dining and lounge room that has a/c and a unique extractor fan designed to keep the entire home cool. The kitchen is well positioned at the rear and it features granite benchtops and French doors opening onto a covered rear deck.

There are five bedrooms on the upper level, all with ceiling fans and built-in storage. The main bathroom is well presented with stone benches and twin vanities. Internal stairs lead to a second bathroom downstairs and the enormous laundry, that opens to a drying area. There is also access to the secure, oversized double garage and driveway, where there is additional off-street parking for three vehicles.
This property comes with the bonus of an immaculately presented two-bedroom apartment on the ground floor, with its own separate and private entry. This contemporary dwelling has an open plan lounge and dining, a modern kitchen, again with granite benchtops and two lovely courtyards that are lovely for entertaining. This clever and versatile addition to the main home has been meticulously constructed and it feels solid and secure. It would be an ideal granny flat, it could be tenanted or used to run a business from home.

The options and opportunities here are endless:
Extend the upstairs kitchen over the driveway, to create a huge kitchen and diner, flowing onto the back deck.
Extend the already spacious Master, by converting the neighbouring bedroom into a WIR and ensuite
Easily connect the upstairs and downstairs properties with a doorway at the bottom of the internal staircase, creating one large home.
Add a gatehouse at the front entrance to enhance street presence

The property occupies a 459m2 block and is situated in a quiet street with no through traffic. Because of the elevated position on the crest, the home has never been flooded and not affected by flood waters. At the end of the road is the entrance to popular Frew Park and Roy Emmerson tennis centre, offering fantastic leisure activities. It's a short stroll to the IGA and Baroona Road shops, Rosalie Village and Milton State School. This is a very desirable lifestyle location close to shops and cafes, Suncorp Stadium, Wesley Hospital and easy access to bus and rail transport and so close to the CBD.

This often admired property offers a range of options for prospective buyers. It has been a very popular rental and has consistently delivered healthy returns, however for owner-occupiers, this could be the inner city home you have been searching for.

Property History for 16 Lucy St, Milton, QLD 4064

A timeline of how this property has performed in the market
Last Sold
$1,840,000
19 Aug 2022
Listed for Rent
$395/w
04 Feb 2021
  • 19 Aug 2022
    Sold for $1,840,000
  • 24 Jun 2022
    Listed for Sale $1,875,000
  • 28 Jan 2021
    Listed for Rent $395 / week
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About Milton 4064

The size of Milton is approximately 1.3 square kilometres. It has 9 parks covering nearly 10.3% of total area. The population of Milton in 2011 was 1,987 people. By 2016 the population was 2,289 showing a population growth of 15.2% in the area during that time. The predominant age group in Milton is 20-29 years. Households in Milton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Milton work in a professional occupation. In 2011, 34.9% of the homes in Milton were owner-occupied compared with 36.3% in 2016.

Milton has 2,797 properties. Over the last 5 years, Houses in Milton have seen a 32.67% increase in median value, while Units have seen a 29.05% increase. As at 30 September 2024:

  • The median value for Houses in Milton is $1,505,035 while the median value for Units is $628,826.
  • Houses have a median rent of $680 while Units have a median rent of $620.
There are currently 30 properties listed for sale, and 34 properties listed for rent in Milton on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Milton.

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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.