53 Merthyr RoadNew Farm QLD 4005
Property Details for 53 Merthyr Rd, New Farm
53 Merthyr Rd, New Farm is a 5 bedroom, 4 bathroom House with 3 parking spaces. The property has a land size of 503m2 and floor size of 324m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 5 bedroom House sold in New Farm in the last 12 months.
Last Listing description (July 2024)
One of New Farm's most incredible addresses and one of three iconic, once identical residences on Merthyr Road, 'Linsdale' is a heritage-listed colonial home that effortlessly combines historical charm with modern potential. Positioned on a 503sqm allotment with dual street access in the highly sought-after lifestyle of New Farm, this property offers a wealth of possibilities. Whether you choose to preserve its classic appeal, renovate it into your dream home, or maximize income by renting all units, this home stands as a testament to the period's flamboyant style.
Currently utilised as an investment property, each of the four units features dual entry access, an open-plan design with polished hardwood floors, and air-conditioning in the living areas. The units are equipped with gas cooktops, and the property includes a rear two-car carport with access from Lower Bowen Terrace. Additionally, under-home laundry facilities and a storage area are provided for convenience.
The front two units have been thoughtfully updated to preserve the charm of existing house. They are now adjoined by a lockable door to create a spacious three-bedroom apartment while generating respectable rental income. Located at the rear of the house, units three and four feature one-bedroom, a combined living and dining area adjoining the kitchen.
Built adjacent to two exemplary homes, this property showcases the potential for transformation and consolidation if you choose to renovate. The inviting front porch, adorned with wrought iron railings, is a nod to the era's elegance. Enjoy the landscaped front yard. Inside, light-filled rooms enhance the sense of space and comfort. At its core, this home exudes prestige, character, and warmth — qualities highly sought after on the peninsula.
Positioned at the heart of all that New Farm has to offer, with its tree-lined streets, restaurants, cafes, and New Farm Park just 400 meters away. Enjoy the convenience of the CityCat and express bus services within walking distance, ensuring easy connections to the CBD and surrounding areas. Prestigious schools such as Holy Spirit and New Farm State School are just a short stroll away.
The existing updates provide a solid foundation, and with a thoughtful renovation, the home can be transformed back into a magnificent family residence that honors its colonial roots while incorporating modern comforts. An exceptional opportunity to secure a historical heritage home with rental income and potential for enhancement in one of Brisbane's most exclusive inner-city suburbs.
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 53 Merthyr Rd, New Farm, QLD 4005
- 29 Jul 2024Sold for $2,600,000
- 11 Jun 2024Listed for Sale For Sale
- 28 Jul 2019Sold for $1,625,000
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0About 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 7,920 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.
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