183 James StreetNew Farm QLD 4005
Property Details for 183 James St, New Farm
183 James St, New Farm is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 2000. The property has a land size of 168m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in May 2017.
Last Listing description (October 2017)
Exceedingly rare and overflowing with opportunity, this fully renovated and mixed-use cottage yearns for an owner occupier/home business purchaser.
Positioned on a fantastic, low maintenance 167sqm block in a prominent and visible corner locality, this home offers executive living upstairs 3m+ ceilings throughout with two bedrooms, one bathroom, large open plan living and you have the option of putting in a kitchen and creating a self-contained space.
Downstairs, your business space is ready to go, with work stations and conference rooms already in place, as is all the technology to ensure a quick commercial transition. A full kitchen and bathroom service this area with ease. This commercial space is easily accessible from both James & Browne Street, giving the ability to run a business without troubling the residential space above.
The owner is motivated for a timely result and as such will offer a guaranteed rent-back for 12 36 months at $60,000 per annum. This is an unmatched investment at this price point and yield, with many residential and commercial possibilities for astute purchasers, deserving your immediate attention.
This property will be going to Auction if not SOLD prior. The Auction will be held In Rooms at Ray White New Farm - 612 Brunswick Street, New Farm on Tuesday the 30th of May 2016, 6:00pm at our 'Auction Under the Stars' event.
Property History for 183 James St, New Farm, QLD 4005
- 30 May 2017Sold for $1,075,000
- 28 Apr 2017Listed for Sale Under Contract
- 09 May 2011Sold for $915,000
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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 7,828 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.
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