OFF MARKET

1/131 Terrace Street
New Farm QLD 4005

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 186m2
Land area: 186m2
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Property Details for 1/131 Terrace St, New Farm

1/131 Terrace St, New Farm is a 4 bedroom, 3 bathroom Townhouse with 2 parking spaces. The property has a land size of 186m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
Townhouse
Floor Size
186m2
Land Size
186m2

Last Listing description (December 2023)

Welcome to arguably the most desirable suburb in Brisbane, where we are thrilled to present a premier property located on the leafy Terrace Street, New Farm.

This block has prime street frontage and offers views of the city skyline from the front porch. You'll find yourself in a tranquil setting surrounded by abundant greenery and a beautiful tree-lined street. Plus, you can rest easy knowing this property is out of the flood zone, ensuring a safe and secure home for you and your family.

Originally a stand alone cottage, this unit now forms part-of a boutique complex of 3. With multiple rooms and living areas spread over both levels, this home offers ample space for the whole family.

After ascending the front stair case to the front porch, you enter upon the main living area. Here you are met by 3m high ceilings, with the apex housing an ornate Baccarat chandelier. Key features of the original structure have been maintained, with timber accents found throughout. Anding warmth to this area is a 2m open gas fireplace and the architectural appeal has remained at the forefront, with apple sleek storage running the entire length of one wall.

Proceed past this area and you will find the master bedroom, which incorporates a modern ensuite and walk in robe. Beside this room is the study, which could also severe as an additional bedroom. With built in robes and a North Easterly window, this room allows for flexibility of functionality in the home.

Descending down the staircase you enter upon the lower level, where a functional open plan layout awaits. To the left you find two additional bedrooms, with the larger of the two equipped with a private ensuite. To the left sits a generous and modern kitchen. A 2 meter marble island bench, led back lit splash backs, Edison pedant lights, large oven / gas cooktop, butlers pantry and ample storage, is a budding chefs delight.

Move past the dinning area with under stair storage, leads you to the covered out door entering area. The wet bar is located at one end, with an air conditioned multipurpose room found at the other end.

Highlight Features Include:

- Original cottage appeal with a modern touch
- Japanese herringbone hardwood timber floors
- Ceiling heights that span n excess of 3 meters
- Ornate Glass Chandelier
- Carrara marble stone bench top
- Grohe tap-ware throughout
- Sonos sound system
- Ducted Air conditioning System
- 2m Gas Fireplace
- Venetian blinds throughout
- Custom tinted glass mirror in master bedroom

Location is everything, and this property is perfectly located with easy access to New Farm Park & Library just 1300m away, New Farm State School a mere 300m, and the Calile - James Street Precinct just 650m away. You'll also enjoy convenient access to the Howard Smith Wharfs just 550m away, Power House at 1600m, and New Farm Cinema at 600m. With Coles just 1200m away, all your daily needs are just a stone's throw away.

This is a rare opportunity to own a beautiful piece of cottage living and a home to be enjoyed by family and friends. Don't miss out on this once-in-a-lifetime opportunity to make this premier property in New Farm your forever home.

Property History for 1/131 Terrace St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,760,000
13 Dec 2023
  • 03 Dec 2023
    Sold for $1,760,000
  • 17 Nov 2023
    Listed for Sale Not Disclosed
  • 24 Jun 2015
    Sold for $1,125,000
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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 32 properties listed for sale, and 25 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 334 properties were sold in the past 12 months in New farm.

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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.