SOLD
Sold on 23 Jul 2024 for $570,000

12/158 Kent Street
New Farm QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 50m2
Sold By
NGU Real Estate Ripley
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Property Details for 12/158 Kent St, New Farm

12/158 Kent St, New Farm is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 50m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in New Farm in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
50m2
Land Size
50m2
Local Government
Brisbane
Lot/Plan
12/BUP11007

Last Listing description (August 2024)

Welcome to 12/158 Kent Street, New Farm?a gem in one of Brisbane's most sought-after suburbs. This exquisite property, nestled at the rear of a fully gated complex, offers privacy, security, and a contemporary lifestyle perfect for both investors and first home buyers.

Situated just 700m from the vibrant Howard Smith Wharves and a mere 1.9km from the Brisbane CBD, this unit places you in the heart of the action. Enjoy the convenience of living close to renowned universities, top-tier hospitals, and the bustling prestigious James Street precinct, synonymous with luxury shopping and gourmet food experiences.

Step inside to discover modern vinyl flooring that compliments the open-plan kitchen, dining, and living area. The property boasts ceiling fans and multiple split system air conditioning units throughout, ensuring comfort all year round. This upper-level unit features a separate study nook, ideal for remote work or study, and dual access to the balcony allows for effortless indoor-outdoor living and entertaining.

With a rental return of approximately $500 to $525 per week with body corporate approximately $70 per week, this property promises a lucrative investment opportunity. Additionally, benefit from the convenience of nearby public transport, parks, and recreational facilities, enhancing your urban lifestyle.

Don't miss the chance to secure this modern, well-located unit in New Farm. Whether you're looking to invest or find your first home, 12/158 Kent Street offers an unparalleled combination of style, comfort, and prime location.

Listing agents: Charles Kimmorley & Andrew Debattista

Don't be disappointed, call me now - I'm waiting for your call.

NGU Real Estate Ripley - The Kimmorley Group

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Disclaimer:
Disclaimer:
NGU Real Estate Ripley | TKG has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 12/158 Kent St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$570,000
23 Jul 2024
Listed for Rent
$350/w
13 Aug 2021
  • 23 Jul 2024
    Sold for $570,000
  • 15 Jul 2024
    Listed for Sale Not Disclosed
  • 25 May 2022
    Sold for $370,000
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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 7,918 properties. Over the last 5 years, Houses in New Farm have seen a 86.13% increase in median value, while Units have seen a 62.05% increase. As at 31 July 2024:

  • The median value for Houses in New Farm is $2,716,354 while the median value for Units is $984,042.
  • Houses have a median rent of $775 while Units have a median rent of $600.
There are currently 41 properties listed for sale, and 52 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 343 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.