137 Latrobe TerracePaddington QLD 4064
Property Details for 137 Latrobe Tce, Paddington
Last Listing description (March 2024)
Presenting an exceptional mixed-use premises in a cluster of well-presented boutique character shops atop Paddington's famous Latrobe Terrace. Showcasing magnificent retail display opportunities, the monochromatic facade features a bay window and boutique verandah entry providing a warm and welcoming vestibule to approximately 100m2 of street level retail space. The property will appeal to owner occupiers and investors alike with no work required to a recently upgraded premise.
Key Characteristics:
100m2 of beautifully appointed retail space
Opportunity for dual income - Rent separately or together!
Prominent position nestled amongst long term retailers
Rear Yard Terraced to ensure low maintenance
Buyers seeking a space for an established business or start up, will be securing an investment surrounded by a plethora of successful businesses and desirable residential property.
This opportunity will attract buyers seeking premises in a prominent high street location for a commercial venture with a live-in option or a profitable addition to their investment portfolio.
For further information or to obtain a copy of our property information statement, please contact Max Hadgelias on 0411 276 372.
Property History for 137 Latrobe Tce, Paddington, QLD 4064
- 22 Dec 2023Sold for $2,000,000
- 14 Dec 2023Listed for Sale For Sale
- 10 Nov 2020Listed for Rent - Price not available
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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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