OFF MARKET

1/88 Elizabeth Street
Paddington QLD 4064

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
Land area: 143m2
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Last updated 16 Sep 2024
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Property Details for 1/88 Elizabeth St, Paddington

1/88 Elizabeth St, Paddington is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 143m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
1997
Floor Size
75m2
Land Size
143m2
Local Government
Brisbane
Lot/Plan
1/BUP101007

Last Listing description (June 2023)

Featuring a ground floor position, plenty of outdoor space, and a superb setting just 230m from Rosalie Village, this two-bedroom apartment presents the perfect first home or investment property within 3.5km of the CBD.

Situated in a small and private complex of 9 units, buyers will love the location, accessibility and proximity to transport, shops and dining. The floor plan features an air-conditioned kitchen, living and dining area extending to a covered balcony and an open-air patio, offering excellent space for alfresco living and entertaining with views over the leafy trees and neighbouring rooftops. There are two bedrooms, two bathrooms and a lock-up garage for one car. The master bedroom features an ensuite and opens to the private outdoor area.

Property features:

- Ground floor apartment in a small complex of 9
- Living and dining area with air-conditioning and carpeted floors
- Kitchen featuring a dishwasher and lots of cabinetry
- Undercover balcony and open-air patio for entertaining
- Two good-sized bedrooms with built-in robes
- Body corporate fees - $3,100 per year
- Currently rented for $475 per week until 08/11/2023
- Main bedroom features an ensuite and balcony access
- Second bathroom/laundry with a separate toilet
- Secure single-car garage and complex visitor parking

In a highly sought-after pocket of Paddington, residents are positioned in a popular lifestyle setting. With Rosalie Village just 230m away, you can walk to the best local cafes, restaurants, patisserie, gelato, butcher, gourmet market, and cinema. The Bardon Markets are 450m from your door, and you are 1km from Paddington's shopping and dining precinct, including Paddington Central, featuring Woolworths, a pharmacy and a medical centre. Just 200m to bus stops, 1.3km to Milton station, 1.6km to Suncorp Stadium and 3.5km to the CBD - this location ticks all the boxes.

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Property History for 1/88 Elizabeth St, Paddington, QLD 4064

A timeline of how this property has performed in the market
Last Sold
$580,000
30 Mar 2023
Listed for Rent
$375/w
11 Nov 2017
  • 30 Mar 2023
    Sold for $580,000
  • 15 Mar 2023
    Listed for Sale UNDER CONTRACT
  • 20 Sep 2017
    Listed for Rent $375 / week
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About Paddington 4064

The size of Paddington is approximately 2.5 square kilometres. It has 10 parks covering nearly 1.4% of total area. The population of Paddington in 2011 was 7,986 people. By 2016 the population was 8,554 showing a population growth of 7.1% in the area during that time. The predominant age group in Paddington is 20-29 years. Households in Paddington are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Paddington work in a professional occupation. In 2011, 51.4% of the homes in Paddington were owner-occupied compared with 52.4% in 2016.

Paddington has 4,613 properties. Over the last 5 years, Houses in Paddington have seen a 62.38% increase in median value, while Units have seen a 44.53% increase. As at 31 August 2024:

  • The median value for Houses in Paddington is $1,883,229 while the median value for Units is $735,742.
  • Houses have a median rent of $825 while Units have a median rent of $550.
There are currently 26 properties listed for sale, and 21 properties listed for rent in Paddington on OnTheHouse. According to CoreLogic's data, 182 properties were sold in the past 12 months in Paddington.

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