SOLD
Sold on 29 May 2024 for $1,380,000

5/87 Moray Street
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
Land area: 101m2
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Property Details for 5/87 Moray St, New Farm

5/87 Moray St, New Farm is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1936. The property has a land size of 101m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in New Farm in the last 12 months.

Building Type
Unit
Year Built
1936
Floor Size
101m2
Land Size
101m2
Local Government
Brisbane
Lot/Plan
5/BUP12808

Last Listing description (November 2023)

Experience timeless elegance in the heart of New Farm with this breath-taking top-floor apartment in the heritage-listed Watsonia building. Capturing the essence of Brisbane's classic architectural charm, this property melds Art Deco and Spanish mission motifs in an enviable North-East facing position, bathing interiors in gentle, natural light.

Constructed in 1936 by the esteemed Chambers and Ford architectural firm, this 101sqm gem has been tastefully renovated, ensuring the preservation and celebration of its original sophistication.

Positioned in the iconic tree-lined Moray Street, convenience pairs with luxury as you find yourself directly opposite a delightful neighbourhood caf. Iconic locales such as Howard Smith Wharves, James Street, Merthyr Village, and the verdant New Farm Park are just leisurely strolls away.

Standout Features Include:

Original features like polished timber floors, 2.8m high decorative plaster ceilings, patterned cornices, and casement windows, which have been painstakingly restored to their original grandeur.
Quality fixtures including Carrara marble benchtops, solid brass door and window hardware, and custom high-end window furnishings.
Exquisite kitchen offering an island bench and bespoke banquette seating adorned with custom cushions and top-of-the-line Miele kitchen appliances which include an integrated fridge/freezer and dishwasher
Offering two generously sized bedrooms and a flexible north-east facing sunroom ideal as a third bedroom or an invigorating home office.
Immerse yourself in the luxurious bathroom, featuring a Carrara marble bathtub and hexagonal mosaic tile flooring.
Ducted, zoned air-conditioning with Wi-Fi control and separate laundry/utility room fitted with a Devol laundry maid.
In addition to a secure standalone remote controlled garage on Moray Street, you'll find ample under-croft storage.

This rare offering presents an unparalleled opportunity to reside in a historic yet modernized dwelling on New Farm's prestigious Moray Street. Don't let this opportunity pass; claim your key to one of Brisbane's finest architectural gems.

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

Property History for 5/87 Moray St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,380,000
29 May 2024
Listed for Rent
$460/w
05 Jun 2014
  • 29 May 2024
    Sold for $1,380,000
  • 02 Oct 2023
    Listed for Sale For Sale
  • 27 Sep 2018
    Sold for $575,000
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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 7,821 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.
There are currently 41 properties listed for sale, and 30 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 341 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.