OFF MARKET

178 James Street
New Farm QLD 4005

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 133m2
Land area: 405m2
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Property Details for 178 James St, New Farm

178 James St, New Farm is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 405m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
1920
Floor Size
133m2
Land Size
405m2
Local Government
Brisbane
Lot/Plan
54/RP9138

Last Listing description (July 2023)

Paying homage to the classic Italian renovators that New Farm has been renowned for, discover the perfect project at 178 James Street. This property offers the ideal opportunity for investors or those seeking to renovate and live in the highly sought-after suburb of New Farm.

Venture upstairs to uncover a sunroom/study bathed in an abundance of natural light. The high ceilings and original antique light pendants add a touch of retro style. The spacious master bedroom features Mitsubishi split-system air conditioning. Two additional generously sized bedrooms ensure ample space for family members or guests, making this property an attractive option for investors seeking rental potential. The upper-level bathroom awaits your personal touch, featuring a bidet and bath, ready to be transformed.

Additionally, a light-filled living area upstairs offers a spacious retreat and connects to the kitchen through a convenient servery window. The kitchen itself is a delightful blend of vintage charm and practicality, showcasing floral flooring and peach cabinetry that exude retro appeal. Ample storage space ensures functionality and convenience, catering to the needs of both homeowners and potential tenants. Adjacent to the kitchen, the bright dining room features brick walls and a split-system air conditioner.

Descending the staircase to the lower level, you'll discover a versatile utility area, offering endless possibilities for customization. This lower-level layout appeals to investors looking to optimise the property's potential. Storage is never an issue at 178 James Street, as there is cleverly tucked-away additional space underneath the staircase. Outside, a large and lush backyard awaits. This is an enticing investment and or renovator opportunity for those seeking blue chip real estate.

Don't miss the chance to buy a piece of New Farm at a reasonable price.

Contact marketing agents Scott Darwon on 0401 151 090 or Harry Bennett on 0447 002 667 for further information or inspection details.

? The high ceilings and original antique light pendants.
? Three spacious bedrooms with split-system air conditioning.
? Sunroom/study.
? One bathroom ready to be transformed.
? Light-filled living area and dining room.
? Vintage kitchen with servery window & ample storage space.
? Spacious lower-level utility

Currently rented until 30/8/2023 for $695/week

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Property History for 178 James St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,760,000
21 Jun 2023
Listed for Rent
$700/w
09 Aug 2022
  • 21 Jun 2023
    Sold for $1,760,000
  • 26 May 2023
    Listed for Sale SOLD
  • 21 Jul 2022
    Listed for Rent $700 / 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 7,919 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 25 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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