OFF MARKET

183 Latrobe Terrace
Paddington QLD 4064

Bedrooms: 5
Bathrooms: 3
Car spaces: -
Floor area: 160m2
Land area: 379m2
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Property Details for 183 Latrobe Tce, Paddington

183 Latrobe Tce, Paddington is a 5 bedroom, 3 bathroom House and was built in 1915. The property has a land size of 379m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in December 1998.

Building Type
House
Year Built
1915
Floor Size
160m2
Land Size
379m2
Local Government
Brisbane
Lot/Plan
15/RP20462

Last Listing description (November 2024)

Embrace the ultimate work-life balance at 183 Latrobe Terrace. This unique property allows you to own a business premises on the upper level and enjoy the convenience of a modern two-bedroom apartment on the lower level. Say goodbye to long commutes and hello to a life where work and relaxation coexist harmoniously, all in the heart of Paddington's bustling community.

183 Upper-Level/Business Space:

Your Ideal Workspace in the Heart of Paddington

Step into the fully-functioning office space located on the upper level in this charming Queensland cottage. The quaint Queensland cottage reflects charm and character and has been thoughtfully renovated to create a functional work environment.
Upon entering the business, you'll find a welcoming reception area and a comfortable waiting room. The business includes an office, kitchenette, a full bathroom, and three practice rooms, all designed to cater to your business needs while retaining the cottage's original charm.

Additionally, the back annex, which features two small side-by-side rooms, provides an additional source of rental income. With DA approval for mixed use, the possibilities are limited only by your imagination. This space can transform into whatever you envision, unlocking endless potential.
Latrobe Terrace's high foot traffic has contributed to the growth and success of many businesses, offering excellent exposure to the bustling street.

The property goes a step further by incorporating solar panels to offset power costs, making it an environmentally-conscious choice. This isn't just a workspace; it's a place where you can live and work, or, if you prefer, support your business ambitions with additional income by renting out the 183a apartment.

183a Lower-Level Apartment:

Your Tranquil Oasis in the Heart of Paddington

Enjoy this hidden sanctuary beneath the original worker's cottage. This architecturally designed apartment is a testament to embracing Queensland's beautiful climate while savouring the convenience of inner-city living.

As you enter, the open living area welcomes you with beautiful high ceilings that create a sense of space and airiness. The large sliding doors harmoniously connect the indoors to both the front and rear decks, offering a seamless transition between your living space and the great outdoors. Relax and enjoy the views over the generous backyard.

The compact yet well-equipped kitchen has everything needed to create culinary delights, but with a plethora of cafes and restaurants within an easy stroll, dining out becomes an equally tempting option.

The apartment offers two comfortable bedrooms, each featuring built-in wardrobes. The main bedroom opens to the rear deck, providing a personal retreat-style living space, perfect for those lazy relaxation mornings. The second bedroom opens to the front deck, allowing the cool breezes in.

With a total of two beautifully appointed bathrooms, you and your guests will relish the convenience and privacy they provide. Featuring a European-style laundry, offering a practical solution for your laundry needs, with no need to go outside.

This unique space truly provides the best of both worlds?a tranquil retreat within the heart of a bustling community.

To request an Information Memorandum on this property, please contact Jared Campbell on 0451 471 366.

Property History for 183 Latrobe Tce, Paddington, QLD 4064

A timeline of how this property has performed in the market
Last Sold
$195,000
21 Dec 1998
Listed for Rent
$600/w
11 Sep 2018
  • 23 Oct 2024
    Listed for Sale Not Disclosed
  • 30 May 2024
    Listed for Sale Not Disclosed
  • 03 Nov 2023
    Listed for Sale Not Disclosed
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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.
There are currently 36 properties listed for sale, and 23 properties listed for rent in Paddington on OnTheHouse. According to CoreLogic's data, 179 properties were sold in the past 12 months in Paddington.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.