SOLD
Sold on 27 Mar 2024 for $2,200,000

23 Kent Street
New Farm QLD 4005

Bedrooms: 4
Bathrooms: 5
Car spaces: 4
Floor area: 110m2
Land area: 316m2
Sold By
SixtyFour Property
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Property Details for 23 Kent St, New Farm

Building Type
Land
Year Built
1900
Floor Size
110m2
Land Size
316m2
Local Government
Brisbane
Lot/Plan
15/RP8611

Last Listing description (July 2024)

A rare as hen's teeth offering in the heart of the Olympic City. A central location that offers ease of living and entertainment abounds with the Howard Smith Wharves and Brisbane's CBD at your door step.

Conduct business from the CBD or from home. The city is a short and comfortable stroll along the Riverwalk. Both the domestic and international runways are easily accessible. Lock up and fly.

New Farm is the place to be- voted the most livable suburb in Brisbane with the James street precinct, the world renowned Calile Hotel, New Farm Park, Powerhouse and access to both North and South Coasts just to name a few amenities and world class attractions.

On offer is a clean site ready for the astute buyer to execute the DA already in place or start over. It's your call. Right now you've got an amazing opportunity with a multiple level dwelling offering an oversized alfresco with dazzling city views, an inside/outside pool visible from the living area, six car off street parking and versatility to work and live within its walls as per your needs or desire.

The current DA is thoughtfully designed to maximise natural light with North-East oriented living areas, whilst being mindful of view lines and privacy from neighbours. The lower level can be reconfigured for a multitude of uses - nanny quarters, inter-generational living, home business, more cars, or whatever your hobby may be. It also features a secure 4 car garage, with an additional 2 car spaces in the driveway so your visitors can park with ease.

Set over 316m2 with a frontage of approximately 10.3m, this home site is now ready for the next custodian. Investing in Brisbane is on everyone's lips with so much development, infrastructure and growth you'd be wise to grab your piece of the pie.

For a copy of the DA just reach out and for a private inspection simply contact me on 0412 301 439.

Disclaimer: The property is being sold as land only. All information herein is indicative only and based off current development approval and plans. We recommend all interested persons should conduct their own enquiries.

Property History for 23 Kent St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$2,200,000
27 Mar 2024
  • 02 May 2024
    Listed for Sale Under Contract
  • 27 Mar 2024
    Sold for $2,200,000
  • 09 Jul 2020
    Sold for $1,170,000
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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 7,823 properties. Over the last 5 years, Houses in New Farm have seen a 91.67% increase in median value, while Units have seen a 66.09% increase. As at 30 September 2024:

  • The median value for Houses in New Farm is $2,839,798 while the median value for Units is $1,010,013.
  • Houses have a median rent of $748 while Units have a median rent of $620.
There are currently 36 properties listed for sale, and 33 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.