OFF MARKET

601/1 Gray Street
New Farm QLD 4005

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Floor area: 435m2
Land area: 645m2
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Property Details for 601/1 Gray St, New Farm

601/1 Gray St, New Farm is a 5 bedroom, 3 bathroom Unit with 4 parking spaces and was built in 2000. The property has a land size of 645m2 and floor size of 435m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
2000
Floor Size
435m2
Land Size
645m2
Local Government
Brisbane
Lot/Plan
601/SP136095

Last Listing description (December 2020)

Designed to capture the North East breezes and stunning city and river panoramas, this Freshwater penthouse offers an exceptional value proposition Boasting an irreplaceable lifestyle with endless potential to live in as is, or rejuvenate to your own stylish sky home in arguably one of Brisbanes most sought after lifestyle locations.

Situated high above New Farm and Teneriffe's famed river precinct, comfortable and welcoming, this breathtaking single level penthouse offers an incredible 645sqm of indoor / outdoor living space with awe-inspiring 300 degree sweeping views of the Brisbane City skyline and elevated North East panoramic views of the Brisbane River stretching across to Bulimba, Hawthorne and North to Hamilton Hill.

Stand out features include:

Four good sized bedrooms including master suite with spacious ensuite and walk-in-robe along with direct access to the expansive riverside terrace.
Expansive home office and library
Bose sound system installed throughout
Large entry gallery walls ideal for artwork collection
Formal lounge and dining room along with separate oversized media / rumpus room
Full-length balconies on two sides gaining dual aspects and flow through breezes
Fully ducted heating and cooling and an abundance of storage options
Four secure undercover car spaces
Pet friendly

Beyond the residence, Freshwater communal facilities include a resort style pool and on-site manager With direct access to the beautiful New Farm riverwalks, allowing easy access to New Farm Park and some of Brisbane's best entertainment and dining options, including James Street, Gasworks, Howard Smith Wharves and New Farm Powerhouse, a diversity of lifestyle choices are on offer.

Whether you chose to move in now and enjoy, or renovate, the astute purchaser will add value immediately with rejuvenation This could be one of Brisbanes finest penthouses! It offers a privileged lifestyle today and the promise of a blue chip investment for the future...

Our instructions are clear, disregard all previous pricing this property will be SOLD on or before auction day.

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
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 601/1 Gray St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$7,650,000
06 May 2022
  • 06 May 2022
    Sold for $7,650,000
  • 19 Nov 2020
    Sold for $3,500,000
  • 21 Apr 2020
    Listed for Sale Buyers over $3.95m
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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 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.
There are currently 31 properties listed for sale, and 24 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 338 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.