289 Given Tce, Paddington is a 4 bedroom, 1 bathroom House with 5 parking spaces. The property has a land size of 468m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Paddington in the last 12 months.
Perched on top of the hill in Paddington’s Main Street, this property is a rare find. A double story free-standing building full of character and charm. An excellent location with high pedestrian and vehicle exposure.
Currently operating as a popular retail clothing outlet with prime shopfront exposure plus a 4-bedroom residence above.
The ground floor offers 107sqm of a modern retail space with glass frontage onto Given Terrace and a great city view as a bonus. This spacious open plan shop is self-contained with timber flooring, air conditioning and fitted with surveillance and alarm systems. There is another 15sqm (approx) of garage/storage space at the rear of the shop as well.
Separate stairs lead up to a charming 4-bedroom residence with panoramic city and suburban views. A spacious living area is adjacent to a combined kitchen/dining room. There is a bathroom with a toilet plus a second separate toilet/a wraparound verandah is ideal for entertaining a or just relaxing with the privacy of lattice screens. With character features throughout like VJ Walls, fancy fret work and polished timber floors.
A sealed driveway down the side leads to 5 parking spaces (1 garage, 3 under-cover & 1 open car space). Ample additional storage is available at the rear, including a container which could be converted to extra parking. The property could suit a range of buyers having options for retail and commercial use.
Zoning - mixed use, commercial/residential.
Rates - $2,833 p/q
Rental Income - $8,181 p/m
Tenancy term - till 15/07/2024
Call 07 3356 2000 for more details and to arrange an inspection.
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:
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