76 Merthyr RoadNew Farm QLD 4005
Property Details for 76 Merthyr Rd, New Farm
Last Listing description (May 2024)
RWC Queensland has the pleasure of offering 76 Merthyr Road, New Farm in Brisbane, Queensland, to the market for sale via Auction, In-Room, on Friday 24th May 2024 at 10.00am (AEST).
Originally designed as a residential dwelling, the property has been thoughtfully renovated and repurposed. The interior has been transformed into stylish and functional commercial offices, perfectly blending the best of both worlds - historic charm and contemporary efficiency.
Compelling Features:
• Prime corner location with excellent street appeal
• 3 + 3 Year lease term, commenced June 2023
• Dual occupancy for future letting flexibility
• Abundant natural lighting throughout
• Private courtyard areas
• Close proximity to a range of local amenities
• Secure off street parking
Situated on Merthyr Road, one of New Farm's most coveted streets, this property enjoys proximity to a wealth of amenities including cafes, restaurants, boutique shops, and more. With easy access to public transport options.
For further information please contact the exclusive marketing agents from RWC Queensland.
Property History for 76 Merthyr Rd, New Farm, QLD 4005
- 24 May 2024Sold for $2,536,000
- 26 Apr 2024Listed for Sale Auction
- 21 Mar 2023Listed for Rent - Price not available
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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.
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