40 Cochrane St, Paddington is a 4 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 572m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
A unique opportunity to purchase this home which has been in the same family for the past 60 years. Located in the heart of residential Paddington, surrounded by some exceptional homes and offering views of Brisbane City.
A solid home built in 1960, with North Easterly breezes and a couple of minutes walk from the vibrant heart of Central Paddington, and offering options to renovate, build new or a perfect investment opportunity.
Some important elements of this home are:
- 572m2 block with approx. 15 metre frontage
- Views of Brisbane City
- Built in 1960, can be demolished (subject to usual approvals)
- House has 4 bedrooms and 3 bathrooms
- A solid home that is ready to rent for a holding situation
- 3 car lock up garaging, large workshop at rear
- Easy walk into central Paddington and City transport
Don't miss this opportunity to live in the sought after vibrant hub of Paddington, one of the inner-west's best performing suburbs.
To be sold at auction on 14th November 2020.
Phone me now to discuss this opportunity, and 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 4,556 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:
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