OFF MARKET

27/120 Sydney Street
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 114m2
Land area: 114m2
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Property Details for 27/120 Sydney St, New Farm

27/120 Sydney St, New Farm is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 114m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1996
Floor Size
114m2
Land Size
114m2
Local Government
Brisbane
Lot/Plan
27/BUP103875

Last Listing description (November 2023)

Distinguished by its ground floor position, lifestyle location, and leafy vistas from one of its many floor-to-ceiling walls of glass, this two-bedroom apartment sits in a prime position. It will have you living right in the heart of things but feeling like you are in your own private sanctuary. The apartment takes full advantage of the extensive Indoor/outdoor integration and has a large 114 sqm open plan layout with the all-weather courtyard complete with plantation shutters providing a tranquil and private space to capture those refreshing cross-through breezes and abundant natural light.

This blue-chip location is tightly held and offers a lifestyle like no other with New Farm Park on your doorstep, the Powerhouse but a stroll away, easy access to public transport and CBD and convenience with restaurants and cafes just a few doors up. Despite its ultra-convenient location, you will be amazed at the peace and quiet experienced from inside this beautiful apartment, adding a resort-style pool in this boutique complex makes this a highly sought-after but rarely found opportunity.

The two bedrooms with built-in robes, master with ensuite and a second bathroom off living as well as its stand-out features of an abundance of light, space and open plan living make it versatile to suit everyone from first-home buyers, couples, and downsizers.

Great for owner-occupiers and investors alike, Low fees in a well-maintained solid building with proactive body corp, also representing a strong investment. Cooling cross breezes circulate through the apartment however there is also air-conditioning and ceiling fans in the living and bedrooms.

Currently Tenanted: $550 per week, with the lease ending 30/11/2023

This impressive apartment is the epitome of New Farm living and is at the epicentre of all the peninsula has to offer features but is not limited to:
- 2 bedrooms with built-in robes in both and each with their own balconies overlooking the park
- Open plan living space with excellent cross-flow ventilation and natural light
- Study nook with desk and storage as well as display wine cabinet
- Well-appointed kitchen with stone benchtops and breakfast bar
- BBQ Area in the private alfresco area for entertaining
- Air conditioning and ceiling fans throughout, good-sized internal laundry with plenty of storage
- 1 secure car park with remote roller door entry and storage space
- Resort-style lifestyle with pool and bbq area in the complex
- Excellent security, plenty of visitor parking
- Highly sought after complex in a highly sought after location
- Walk to everything including all that Merthyr Village, Teneriffe, New Farm and the CBD has to offer!

Do not delay, if you are an inner-city buyer looking for a private oasis in a premium location, you must inspect today.

Property History for 27/120 Sydney St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$790,000
18 Sep 2023
Listed for Rent
$550/w
19 Nov 2021
  • 18 Sep 2023
    Sold for $790,000
  • 10 Aug 2023
    Listed for Sale Offers Over $800,000
  • 26 Oct 2021
    Listed for Rent - Price not available
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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 24 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.