SOLD
Sold on 22 Dec 2023 for $2,000,000

137 Latrobe Terrace
Paddington QLD 4064

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 377m2
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Property Details for 137 Latrobe Tce, Paddington

Building Type
Commercial
Year Built
1930
Land Size
377m2
Local Government
Brisbane
Lot/Plan
1/RP20694

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

Two (2) bedroom, One (1) bathroom flat on the lower level - live and work from one address!
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.

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Property History for 137 Latrobe Tce, Paddington, QLD 4064

A timeline of how this property has performed in the market
Last Sold
$2,000,000
22 Dec 2023
Listed for Rent
$400/w
11 Nov 2020
  • 22 Dec 2023
    Sold for $2,000,000
  • 14 Dec 2023
    Listed for Sale For Sale
  • 10 Nov 2020
    Listed 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 4,612 properties. Over the last 5 years, Houses in Paddington have seen a 61.38% increase in median value, while Units have seen a 49.63% increase. As at 31 July 2024:

  • The median value for Houses in Paddington is $1,868,200 while the median value for Units is $737,970.
  • Houses have a median rent of $850 while Units have a median rent of $550.
There are currently 24 properties listed for sale, and 16 properties listed for rent in Paddington on OnTheHouse. According to CoreLogic's data, 189 properties were sold in the past 12 months in Paddington.

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Max Hadgelias
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Ray White Paddington (Qld)
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