SOLD
Sold on 16 Jan 2024 for $730,000

116/1 Gray Street
New Farm QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 104m2
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Property Details for 116/1 Gray St, New Farm

116/1 Gray St, New Farm is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 104m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Unit sold in New Farm in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
69m2
Land Size
104m2
Local Government
Brisbane
Lot/Plan
116/SP136095

Last Listing description (February 2024)

Outstanding property located in this tightly held riverside prestigious building. The light-filled walled courtyard and garden is designed for year round enjoyment and ideal for entertaining. Double opening glass sliding doors seamlessly open the interior to the outdoors.

The kingsize bedroom also opens to the courtyard. The kitchen features stone bench and timber cabinetry with gas stainless steel gas cook tops and under bench oven.

Separate large study is off the living area.Large fully tiled bathroom with concealed laundry.

Security parking is under the building with lift access. Large riverside lap pool is set in lush subtropical grounds with direct boardwalk and river access.

Body Corp $5,643 p/a Rates $1,923 p/a

SNAPSHOT OF FEATURES:
- Total area 115sqm (not including carpark & storage)
- Open plan living/dining
- Ducted air conditioning
- Beautiful stone & timber kitchen with feature tiles and timber floors
- Separate large study area
- Integrated laundry
- Large bright bedroom
- High ceilings
- Security under building car park with storage unit
- Stunning waterfront pool area opens to boardwalk
- Beautiful gardens in a great location

Freshwater is architecturally an outstanding contemporary building, with a dramatic hotel style entry foyer. The building is positioned on the North East, New Farm Reach of the river. At the door is city bus, Merthyr Village shopping is an easy stroll away as is the Powerhouse Arts Centre, Powerhouse and New Farm. Cafes and restaurants of Teneriffe and New Farm are on your doorstep.

Property History for 116/1 Gray St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$730,000
16 Jan 2024
Listed for Rent
$520/w
29 Apr 2022
  • 16 Jan 2024
    Sold for $730,000
  • 20 Dec 2023
    Listed for Sale Under Contract
  • 04 Apr 2022
    Listed for Rent $520 / week
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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 7,821 properties. Over the last 5 years, Houses in New Farm have seen a 84.90% increase in median value, while Units have seen a 69.17% increase. As at 31 October 2024:

  • The median value for Houses in New Farm is $2,850,184 while the median value for Units is $1,018,069.
  • Houses have a median rent of $725 while Units have a median rent of $625.
There are currently 41 properties listed for sale, and 30 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 341 properties were sold in the past 12 months in New farm.

Suburb Insights for New Farm 4005

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Contact agent
Jennifer Lockley
Show contact details
Teneriffe Realty
Preferred contact:
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.