OFF MARKET

31 Golding Street
Toowong QLD 4066

Bedrooms: 6
Bathrooms: 4
Car spaces: 3
Floor area: 550m2
Land area: 1151m2
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Property Details for 31 Golding St, Toowong

31 Golding St, Toowong is a 6 bedroom, 4 bathroom House with 3 parking spaces. The property has a land size of 1151m2 and floor size of 550m2.

Building Type
House
Floor Size
550m2
Land Size
1151m2
Local Government
Brisbane
Lot/Plan
8/RP54353

Last Listing description (January 2023)

Built with passion for his family and completed in the early 1980s this home is being offered for sale for the first time in its history.

Any Toowong local knows this home. It stands proudly in its elevated Golding Street location, straddling two blocks with an impressive street frontage of over 30m and total land size of 1151 sqms, it truly is a Toowong Icon.

Built to last, every wall external and internal (bar one) is constructed of concrete in my 30 years in the Real Estate and Building industry I have never encountered a home so solidly built.

31 Golding Street, "Le Alps", has cradled and nurtured two generations of the builder's family and stands ready for your family now and for generations to come. Quite simply, they don't build homes like this anymore!

The property has recently been refreshed with a complete internal repaint and new carpets throughout, it is in otherwise immaculate original condition having been maintained to the highest standard.

Following are just some of its many features:
600sqm + Home.
1151 Sqm Allotment.
6 Double Bedrooms.
2 of which are configured with the utility of being able to be used as a granny flat.
4 Bathrooms including an outdoor bathroom servicing the pool area.
An office with separate entry.
A 7.9m by 6m fully tiled double garage plus an additional single garage 4.1m x 7.5m. (internal dimensions)
2 Kitchens, one per floor.
Rumpus room and bar area.
Formal and informal living areas.
Soaring high ceilings with Airconditioning throughout.

No expense was spared in constructing this home and the European influences of the builder remain evident with the generous use of stained glass feature doors, ornate balustrading, and the myriad chandeliers throughout the home.

The highlight of which is a Gold Leafed Murano Glass chandelier, a true work of art crafted on the island of Murano in Venice by its famed artisans.

The provenance of this artistry is just as relevant as the provenance of this home in years to come as it passes from this family to the next.

This home truly is a one-off, unrepeatable offering in Toowong, we encourage your interest and offers to purchase before your opportunity slips away.

The Future Development Opportunity:

I have spoken at length regarding the quality and amenities of this home but beneath this lies multiple opportunities for both family life and profit.

No doubt you can move in now and enjoy the home for many years without the need for renovation, however, should you choose the renovation path the opportunities are staggering.

Many of the period features could be cleverly utilized by your designer or architect but the true value is in the voluminous size of the areas of this home both internal and external. With clever design and attention, this property could well be the starting point for one of Brisbane's best-ever renovation projects.

Alternatively, you could investigate future development opportunities by taking advantage of 31 Golding Streets' unrivaled Toowong Central Location.

Town Planning advice is available upon request but some of the options are as follows:\
Utilize the site as is with two ~15m frontage allotments and construct two luxury inner-city homes
Further subdivide to create either 3 or 4 separate lots.
Construct Luxury townhouses with finished sale prices in the $2M to $3M range.
Construct a Three Level Multi-Unit Development.
Look to the future with a view that the council may rezone given the surrounding streets allow for heights of 5 to 15 stories.
(Of course, all subject to Bcc planning approvals)

Whichever way you choose to view this opportunity the value is unmistakable.

Property History for 31 Golding St, Toowong, QLD 4066

A timeline of how this property has performed in the market
Listed for Rent
$240/w
20 Apr 2011
  • 16 Nov 2022
    Listed for Sale For Sale
  • 15 Apr 2011
    Listed for Rent - Price not available

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About Toowong 4066

The size of Toowong is approximately 4.2 square kilometres. It has 18 parks covering nearly 10.4% of total area. The population of Toowong in 2011 was 11,255 people. By 2016 the population was 10,832 showing a population decline of 3.8% in the area during that time. The predominant age group in Toowong is 20-29 years. Households in Toowong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Toowong work in a professional occupation. In 2011, 42.9% of the homes in Toowong were owner-occupied compared with 44.4% in 2016.

Toowong has 7,374 properties. Over the last 5 years, Houses in Toowong have seen a 71.35% increase in median value, while Units have seen a 80.16% increase. As at 31 October 2024:

  • The median value for Houses in Toowong is $1,584,993 while the median value for Units is $774,068.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 50 properties listed for sale, and 60 properties listed for rent in Toowong on OnTheHouse. According to CoreLogic's data, 330 properties were sold in the past 12 months in Toowong.

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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.