121 Latrobe TerracePaddington QLD 4064
Property Details for 121 Latrobe Tce, Paddington
121 Latrobe Tce, Paddington is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 433m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
Last Listing description (March 2021)
PHONE US TO ARRANGE A PRIVATE OR VIRTUAL INSPECTION DUE TO COVID-19
Proudly positioned amongst Paddington's best cafes, restaurants and boutique shops, this original cottage presents an exciting opportunity to purchase a prime piece of real estate on the famous Latrobe Terrace to live in or run your business subject to council approval home-based business code.
Upstairs is a large open plan living and dining area with hardwood floors, VJ walls and a traditional fireplace. Here you will also find two spacious bedrooms with built-in robes plus a third bedroom/study. The modern kitchen flows out to an expansive entertainer's deck that overlooks the backyard.
Downstairs features a second living area, fourth bedroom, second bathroom and even boasts a kitchenette. The self-contained nature of the downstairs area only adds to the endless possibilities for producing income, whether it be a home-based business or renting it out through air bnb.
Presenting a rare and desirable opportunity to purchase on Latrobe Terrace, just 100m to Paddington's best cafes and shops and only 3km to the CBD, this home is a must see!
Features
- Unbeatable location: close to Paddington's best cafes, restaurants and boutique shops and just 3km to the CBD
- Excellent opportunity for a home-based/retail business (STCA)
- Charming character features including hardwood floors, VJ walls, high ceilings and traditional fireplace
- New flooring to living and dining area
- 4 bedrooms, 3 of which have built-in robes
- Updated kitchen with gas cooktop and ample storage
- Large rear balcony overlooking the level yard
- Second living area downstairs with separate kitchenette and bathroom offering potential for self-contained living or a home-based business
Property History for 121 Latrobe Tce, Paddington, QLD 4064
- 21 May 2020Listed for Rent - Price not available
- 17 Mar 2020Sold for $1,015,000
- 11 Feb 2020Listed for Sale $1,090,000
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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 4,556 properties. Over the last 5 years, Houses in Paddington have seen a 59.00% increase in median value, while Units have seen a 55.78% increase. As at 31 October 2024:
- The median value for Houses in Paddington is $1,888,298 while the median value for Units is $788,154.
- Houses have a median rent of $810 while Units have a median rent of $580.
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