OFF MARKET

870 Brunswick Street
New Farm QLD 4005

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 144m2
Land area: 468m2
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Property Details for 870 Brunswick St, New Farm

870 Brunswick St, New Farm is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1930. The property has a land size of 468m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1930
Floor Size
144m2
Land Size
468m2
Local Government
Brisbane
Lot/Plan
12/RP9124

Last Listing description (November 2023)

Discover a world of commercial opportunity within the walls of this character residence on Brunswick Street, New Farm. Boasting an expansive 468m block, this three-bedroom dwelling exudes timeless charm with its high ceilings and bay windows, setting the stage for your visionary commercial transformation.

Step inside and envision the possibilities. The traditional kitchen, dining area, capacious entryway, and air-conditioned lounge space create a canvas primed for innovation. The property offers abundant parking space at the rear with dual access from Adeline Lane, while the adaptable downstairs area can be transformed into an entertainment area or versatile storage area.

DA approved for a commercial MCU with circa 260m2 of NLA with 8 car parks. New Farm freestanding commercial opportunities are as rare as they come.

This property isn't without its residential potential, take advantage of the two-street access and subdivide (STCA). Feel a part of the community as you walk to school, grab the paper, cafe-hop or pop into the local butcher. A short walk and you can enjoy Merthyr Village, New Farm Park and the fashion and dining hub of James Street. Unleash your entrepreneurial spirit and harness the boundless commercial potential that resides within this historic gem.

A generously proportioned three-bedroom dwelling
468sqm lot in the heart of New Farm with two street access
Extensive rear parking
Development Approval (DA) for 260m2 of retail and office (DA & architectural plans available on request)
Currently on a fixed term residential lease until 20/09/2023 at $700 per week
Huge gentrification channel with neighbouring high-end developments being approved

Auction, Tuesday 12th of September, The Calile Hotel from 6:00 pm, if not SOLD prior. Contact marketing agents Scott Darwon on 0401 151 090 or Alex Donnan on 0466 435 433 for further information or inspection details.

**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 870 Brunswick St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$2,050,000
16 Sep 2023
Listed for Rent
$495/w
04 May 2019
  • 16 Sep 2023
    Sold for $2,050,000
  • 14 Aug 2023
    Listed for Sale SOLD
  • 25 Mar 2019
    Listed 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 7,919 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 25 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.