10/5 Alexandra St, Paddington is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a land size of 114m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Apartment sold in Paddington in the last 12 months.
Located in one of the area's most unique developments in Paddington, this spacious 2x2x1 renovated apartment will excite the senses and no doubt put a tick in every box.
Located on the Alexandra Street side of the complex, you are treated to a unique interaction with secure and private access.
Recently renovated, this light filled, and spacious apartment has undergone a full transformation with new kitchen, flooring and all designed to future proof the apartment for many years to come.
A property to suit all buyer types, investors can enjoy the strong rental returns and low vacancy rates, whilst owner occupiers are able to enjoy the competitive body corporate costs, high level of amenities, including private and secure access, large pool, and entertaining areas all with direct and easy access to all of Paddington's dining and lifestyle precincts.
Summary
• Spacious 2 bed, 2 bath, 1 car renovated.
• Walking Distance to the CBD, Suncorp Stadium, and multiple entertainment precincts
• Competitive body corporate rates
• High rental returns with low vacancy
• Secure basement car park
• Expansive views from the dual balconies
• 25m Pool with adjoining outdoor entertaining areas
Opportunities to secure a renovated apartment in a highly sought after location are few and far between
Act fast to secure this outstanding Paddington apartment.
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 4,615 properties. Over the last 5 years, Houses in Paddington have seen a 60.22% increase in median value, while Units have seen a 51.44% increase. As at 30 November 2024:
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