OFF MARKET

1/33 Oxlade Drive
New Farm QLD 4005

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 132m2
Land area: 223m2
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Property Details for 1/33 Oxlade Dr, New Farm

1/33 Oxlade Dr, New Farm is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1975. The property has a land size of 223m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1975
Floor Size
132m2
Land Size
223m2
Local Government
Brisbane
Lot/Plan
1/BUP1982

Last Listing description (November 2022)

This is an incredibly unique opportunity in the prized address of Oxlade Dr, New Farm. Located in one of Brisbane's best riverside/lifestyle precincts only a few minutes' walk to the Brisbane river and New Farm Park. This ground-floor street-facing apartment is in its original condition and presents a unique opportunity to design your own apartment and add value.

Offered to the market for the first time in 30 years, this property has 190m of living on one title and is currently rented as 2 units. Both units are spacious and the property comes with 2 car parking spots, one on the title undercover lock up the other is exclusive use to the property.

Unit 1 is approx 130m 1 bedroom that could easily be turned into a 2 bedroom unit

Unit 1A is approx 60m 1 bedroom unit ready for renovations.

'Bel-Air' on Oxlade Dr, the options are endless...

Option 1. Renovate into one big luxury apartment
Option 2. Renovate and live in 1 apartment and rent the other
Option 3. Renovate and rent both apartments out.
Option 4. Obtain a development approval to split the units onto 2 lots subject to body corporate and council approvals.

Originally, 'Bel-Air' was a hotel then it was strata titled in the 70s into 16 units. It is a well-maintained small cavity brick complex that has a pool and enjoys low body corporate fees. Located on one of Brisbane's most sought-after and prestigious addresses this location is hard to beat.

* 100m - New Farm Park
* 150m - New Farm Ferry
* 100m - Merthyr Bowls Club
* 600m - Brisbane Power House Entertainment/markets
* 800m - New Farm Deli and Coles Shopping center

Our instructions from the seller oversea's are clear we are knocking down the gavel on this exclusive property on Friday 7th October at Ray White Corporate from 10:30 am.

To obtain further information or to arrange a private inspection, please contact Dean or Ben Yesberg.

DISCLAIMER: Whilst every effort has been made to ensure the accuracy of the information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

DISCLAIMER: This property is being sold by auction, therefore due to real estate legislation in QLD and in accordance with REIQ guidelines a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates on this page are not provided by the agent and should not be taken as a price guide.

Property History for 1/33 Oxlade Dr, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$850,000
07 Oct 2022
Listed for Rent
$340/w
19 Jul 2018
  • 26 Jun 2024
    Sold for $980,000
  • 07 Oct 2022
    Sold for $850,000
  • 11 Sep 2022
    Listed for Sale Auction
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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 7,919 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 31 properties listed for sale, and 24 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 338 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.