190 Latrobe TerracePaddington QLD 4064
Property Details for 190 Latrobe Tce, Paddington
190 Latrobe Tce, Paddington is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 306m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Paddington in the last 12 months.
Last Listing description (March 2024)
Take advantage of the central position of this picture perfect cottage atop Latrobe Terrace, currently utilised as mixed-use investment there are a multitude of options to maximise the potential of the elevated allotment. Occupy as a business, explore building or extending for residential occupation to enjoy magnificent views of the CBD and surrounds. (Subject to council approval)
Plans have been drafted to illustrate the opportunities to utilise the land at the rear of the dwelling to build a three bedroom townhouse style home that may appeal to business owners seeking an opportunity to live and work in the heart of Paddington. Showcasing a premier position and potential to maximise the magnificent views of the CBD and suburban vista, buyers seeking a space for an established business or startup will be securing an investment surrounded by desirable residential property and thriving businesses.
The existing dwelling consists of an entry verandah spanning the width of the premises, opening into a hallway with a series of four consulting rooms and a reception area.
A kitchenette and powder room located at the rear of the property service the space.
Currently being occupied as a commercial premises, the current floor plan would require some refining to the amenities if the intent were to utilise the dwelling for residential purposes.
The rear of the allotment features a low maintenance lawn area and established trees as well as a detached shed and single car space plus room for many more off street. .
Additional features include:
• Split system air conditioning
• Indicative plans drafted to illustrate further extension or construction opportunities
This property will attract buyers seeking premises in a prominent location for a commercial venture, with a future scope to reside onsite or a savvy investor seeking a profitable addition to their investment portfolio.
Located just a 6 minute commute from the CBD, with great access to major arterials, the City Glider is a convenient transport option, passing every 10 minutes. Latrobe Terrace is a restaurant mecca with a selection of specialty shops and grocery. Blackout Coffee, Naim and Il Posto restaurants are popular with the locals. Other local highlights include Suncorp Stadium and the Paddington Antique Centre within close proximity. Situated within the school catchments for Ithaca Creek State School & Kelvin Grove State College. Popular choices for private schools include Brisbane Grammar, St Joseph's College (Terrace), Mt St Michael's & Marist College.
Inspect by appointment or contact Max Hadgelias 0411 276 372 for further information about submitting your expression of interest.
Property History for 190 Latrobe Tce, Paddington, QLD 4064
- 22 Feb 2024Sold for $1,900,000
- 31 Jan 2024Listed for Sale FOR SALE
- 09 Mar 2015Sold for $820,000
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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 4,557 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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