5/111 James StreetNew Farm QLD 4005
Property Details for 5/111 James St, New Farm
5/111 James St, New Farm is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 112m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (August 2023)
Auction // Tuesday 25th July at 5:30pm In-Rooms at Ray White Ascot
Experience a vibrant cosmopolitan lifestyle in this fantastic apartment on iconic James Street. In a residential area surrounded by homes and only metres from famed cafes, bars, boutiques, restaurants and the Calile Hotel, residents will experience sensational living in an eclectic setting.
Elevated within a small complex of 12, the north-east facing apartment features two bedrooms, one bathroom and a lock-up garage. Polished concrete floors add a touch of industrial-chic style, and the floor-to-ceiling glass allows abundant light and breezes to filter inside.
Relax in the open living space or step out to the two private balconies and harness the beautiful morning sunshine and scenic views stretching across New Farm, Newstead, Teneriffe Hill and Whites Hill Reserve.
In one of New Farm's best locations, you will experience an unbeatable lifestyle close to it all. Blue Bear Coffeehouse is 60m away, and Sprout and Agnes Bakery are 190m from your door. Venture further down James Street to Palace Cinemas, James Street Market, and the outstanding array of cafes, bars, boutiques and restaurants, including Same Same, Hellenika, Gemelli, Gerard's Bistro, and more.
When you want a change of pace, you can stroll along the riverwalk and visit New Farm Park, featuring the Powerhouse and weekend markets. Close to buses, the CityCat and 2.5km from the CBD - this is inner-city living at its finest.
Property features:
- Light-filled, breezy apartment on bustling James Street
- Views across New Farm, Teneriffe Hill and Whites Hill Reserve
- Open-plan living and dining area leading to two balconies
- Kitchen featuring an Asko dishwasher and Blanco oven
- Two bedrooms with built-in robes and one modern bathroom
- Polished concrete floors and full-height glass windows and doors
- Lock-up garage with laundry, storage space and retractable clothesline
- Low-maintenance complex of 12 with low Body Corporate fees
- Walk to James Street's iconic cafes, restaurants, boutiques and cinema
Body corporate: approx. $1356.25 half yearly
Balance of the sinking fund: $44,885.15
Rates: $453.55 per quarter
Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
Due to REIQ legislation a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide.
Property History for 5/111 James St, New Farm, QLD 4005
- 25 Jul 2023Sold for $709,000
- 03 Jul 2023Listed for Sale Auction, Tuesday 25th July at 5:30pm In-Rooms
- 22 Sep 2021Listed for Rent $495 / 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 7,915 properties. Over the last 5 years, Houses in New Farm have seen a 84.06% increase in median value, while Units have seen a 64.44% increase. As at 31 August 2024:
- The median value for Houses in New Farm is $2,787,119 while the median value for Units is $999,075.
- Houses have a median rent of $795 while Units have a median rent of $600.
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