SOLD
Sold on 15 Apr 2024 for $3,200,000

39 View Street
Paddington QLD 4064

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 766m2
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Property Details for 39 View St, Paddington

39 View St, Paddington is a 0 bedroom, 0 bathroom House with 1 parking spaces and was built in 1972. The property has a land size of 766m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 0 bedroom House sold in Paddington in the last 12 months.

Building Type
House
Year Built
1972
Land Size
766m2
Local Government
Brisbane
Lot/Plan
45/RP20657

Last Listing description (March 2021)

Amalgamated over the past 30 years this is a special offering. To find a parcel of land boasting such potential is unprecedented in one of Paddington's best positions.

On Offer:
An unparalleled opportunity to secure a massive parcel of land in the heart of Brisbane's vibrant inner city. View Street is a quiet haven of prestige homes and is just a short walk to local shops, cafes, restaurants and the Brisbane CBD.

Features:
Currently there are three (3) titles; comprising a 3 bedroom cottage (ready for renovation) with a land holding of 599m2; two parcels of vacant land 1,411m2 + 766m2. Each of the land parcels hosts stunning views of the city and the urban landscape.

The concept:
* Build an outstanding signature residence on the entire site and integrate the cottage in the development*
* Renovate and extend the cottage and build luxury homes on the remaining vacant blocks*
* Realign the property boundaries to create four (4) generous inner city blocks to compliment the location and build four (4) high end, high spec homes*
* Explore the possibilities of a small scale multi dwelling development*
* Land bank: the future is inner city living
* The existing cottage is currently tenanted for $540 per week. This could be utilised as an additional stream of income while you plan your development.
* The best options are only limited by ones imagination
Whatever your vision for this site explore the development options*
*STCA (Subject to Council Approval)

To be sold by Expressions of Interest! Contact George Hadgelias on 0403 062 062 or Max Hadgelias on 0411 276 372 to find out more!

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Property History for 39 View St, Paddington, QLD 4064

A timeline of how this property has performed in the market
Last Sold
$3,200,000
15 Apr 2024
  • 15 Apr 2024
    Sold for $3,200,000
  • 07 Apr 2021
    Sold for $2,935,000
  • 17 Sep 2019
    Listed for Sale E.O.I Closing This Friday!
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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 4,615 properties. Over the last 5 years, Houses in Paddington have seen a 60.22% increase in median value, while Units have seen a 51.44% increase. As at 30 November 2024:

  • The median value for Houses in Paddington is $1,864,242 while the median value for Units is $787,457.
  • Houses have a median rent of $800 while Units have a median rent of $570.
There are currently 29 properties listed for sale, and 27 properties listed for rent in Paddington on OnTheHouse. According to CoreLogic's data, 181 properties were sold in the past 12 months in Paddington.

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