OFF MARKET

588 Lower Bowen Terrace
New Farm QLD 4005

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Floor area: 226m2
Land area: 560m2
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Property Details for 588 Lower Bowen Tce, New Farm

588 Lower Bowen Tce, New Farm is a 4 bedroom, 3 bathroom House with 4 parking spaces and was built in 1920. The property has a land size of 560m2 and floor size of 226m2. While the property is not currently for sale or for rent, it was last sold in September 2016.

Building Type
House
Year Built
1920
Floor Size
226m2
Land Size
560m2
Local Government
Brisbane
Lot/Plan
42/SP215156

Last Listing description (December 2016)

Behind the gorgeous facade, and in one of New Farm's most sought after streets, this spacious and immaculately presented residence combines traditional elegance with chic modernist architecture to create family living at its most luxurious.
Space is of the essence, and the masterful manipulation of materials and design creates an expansive and light filled ambience unique to this house. Clever use of voids and high ceilings incorporate the practicality of separate living on both levels, and this signature Elizabeth Watson - Brown Design sets a true benchmark in architectural virtuoso.
This remarkable home reveals its sheer size and generously proportioned rooms. Raw practicality and easy modern living will warm the heart, as the fluidity of space and light throughout the home enables its occupants to focus on peaceful family living, a clear indication of an intellectual grasp of modern design and architectural brilliance. This high end standard of living continues as you walk down the stairs and immerse yourself in a house that has not compromised practical living for design prowess.

The standout feature is without doubt the multiple living areas across both levels; they work in sync with everything that the modern family would need and more. The upper level of this sensational home houses the four stunning bedrooms, two with en-suite, a multipurpose lounge & entertainment room and separate office to foster a healthy work and domestic relationship. The enormous, modernist kitchen is a true testament to minimalist design complete with Stainless steel bench tops and a full suite integrated Miele appliances, including Fridge and Freezer.
Entertainment knows no bounds with a designated outdoor BBQ area perched adjacent to the magnificent kitchen. Outdoor space of this home is further enhanced by the family area overlooking the sparkling in ground pool through 6 metre high commercial grade glass. The Pool is also complimented with a magnificent water feature behind the outdoor living deck and backyard. This iconic New Farm showpiece also has a huge separate laundry, major storage space off the 4 car lock up garage and fully custom made cabinetry throughout. With the perfect equation of formal, informal and outdoor entertaining areas, 588 Lower Bowen Terrace is a true pedigree of structural design and in this position 588 Lower Bowen Terrace is a property that's rarely presents itself to the market. If you like luxury living, architectural genius fused with everyday practicality, then it would be a colossal mistake to overlook this home in Brisbane's most desired suburb of New Farm.

Property History for 588 Lower Bowen Tce, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$2,470,000
01 Sep 2016
  • 01 Sep 2016
    Sold for $2,470,000
  • 18 Aug 2016
    Listed for Sale Under Contract
  • 08 Dec 2011
    Listed for Sale AUCTION THURSDAY 24TH NOVEMBER, THE EMPORIUM HOTEL
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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 7,824 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 40 properties listed for sale, and 31 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 344 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.