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Sold on 11 Sep 2024 for $933,000

5/169 Merthyr Road
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 117m2
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Property Details for 5/169 Merthyr Rd, New Farm

5/169 Merthyr Rd, New Farm is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in New Farm in the last 12 months.

Building Type
Unit
Floor Size
117m2
Local Government
Brisbane
Lot/Plan
5/SP144946

Last Listing description (September 2024)

Auction Location: In-Room Auction: Place Auction Rooms, 10 James Street Fortitude Valley QLD

This is fresh and funky New Farm living at its best, with this three-level apartment delivering leafy, light, spacious and secure living while offering exceptional proximity to New Farm Park, a host of café, dining and retail hotspots, kilometres of riverside walkways, the Brisbane Powerhouse and so much more.

Positioned within a boutique complex of only six apartments, you will love the living area's ultra-high ceiling and connected outdoor living areas, the versatile mezzanine level, perfect for that home office or studio, and the clever spacing of bedrooms, ideal if you're sharing or have children.

Whether buying to live in or to lease out, the apartment's creative layout and inbuilt storage, and the inclusion of four split system air-conditioners, warm timber floors and well-placed windows make this apartment functional, comfortable, private and different from the rest.

Entering via the securely enclosed parking area or coded, visitor access gate, a timber boardwalk takes you to the front door. Filled with natural light, each level looks and feels simply serene, with the open plan living and dining area, one floor up, having a tiled outdoor entertaining space and a second balcony, both with northerly aspects.

The modern kitchen has smooth stone benchtops and sleek glass splashbacks, stainless steel appliances including a gas cooktop, under bench oven and a dishwasher, ample storage and good ventilation thanks to two window openings.

Stairs connect each floor, with the bedrooms, bathrooms and European-style laundry on the lower of the three levels. Each bedroom has built-in wardrobes and easy-care timber plank floors. Bedroom One has a walk-in wardrobe and an ensuite, while Bedroom Two has an exclusive use tiled patio. The main bathroom has a shower-over-bath combination for convenience.

Overlooking the living area and outdoor terraces, the mezzanine is a brilliant, multi-purpose space for those who work or study from home. It can be adapted for use as an additional accommodation area or utilised as a media or games zone. There is a wall of built-in storage, solid timber floorboards, raked ceilings and a semi-private loft feel.

Parking is provided for one vehicle undercover in the securely accessed ground floor car park, however, this is a location where you'll cherish the opportunity to walk, cycle or catch the frequently running buses, with the closest stop only a couple of doors down.

Rich with lifestyle options, this inner-city address is only 160 metres from riverside cycleways and walking paths, with the beautiful playground and picnic areas, recreational facilities and dog park of New Farm Park and the adjoining Powerhouse Park, a favourite for locals and visitors alike.

Find your preferred coffee spot, stroll up to Merthyr Village with its Coles Supermarket and New Farm Deli and Café and head to trendy James Street for some retail therapy or dinner with friends. It's all within easy reach.

Features of this property include:

- Well-positioned apartment in a small complex

- Suit owner-occupier or investment proposition (currently leased until 16/7/25 @ $720pw)

- 2 bedrooms plus a versatile mezzanine level

- Light, central living level with vaulted ceiling

- 2 tiled outdoor areas with northerly aspects

- Mezzanine ideal as a home office or media area

- Modern kitchen with stainless steel appliances

- 4 high wall split system air-conditioners, fans

- Main bedroom with walk-in robe and ensuite

- Second, well-separated bedroom with balcony

- Ample built-in storage throughout, timber floors

- Single car space within a secure parking area

- Tranquil common area courtyard and gardens

- Coded visitor gate access, visitor parking space

- Short walk to Brisbane River walkways, parks

- Cafés, restaurants and Merthyr Village nearby

- 45m to bus stop to city, Howard Smith Wharves

- Easy access to major arterials and Brisbane Airport

- New Farm SS and Kelvin Grove SC Senior catchment

You'll be impressed with this small complex's generous proportions, leafy outlooks and unbeatable location. Contact me today for more information and to arrange an inspection of this outstanding apartment.

Information regarding the body corporate's relevant by-laws, owner contribution levies and insurance coverage details for 169 Merthyr Road are available upon request.

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 5/169 Merthyr Rd, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$933,000
11 Sep 2024
Listed for Rent
$720/w
12 Jul 2023
  • 11 Sep 2024
    Sold for $933,000
  • 12 Aug 2024
    Listed for Sale Auction
  • 05 Jul 2023
    Listed for Rent $720 / 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 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.
There are currently 46 properties listed for sale, and 52 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 334 properties were sold in the past 12 months in New farm.

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Contact agent
Thomas Coussens
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Rhiannon Coussens
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Place Nundah
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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.