5/249 Coronation DriveMilton QLD 4064
Property Details for 5/249 Coronation Dr, Milton
Last Listing description (October 2024)
Every now and again you come across a truly special property! Cook Terrace in Milton is considered an iconic landmark. It's one of few intact and surviving nineteenth-century terraces in Brisbane. An opportunity now exists to acquire a piece of Brisbane's history.
Constructed as a row of six houses in 1888-89 by Joseph Blain Cook, the Terraces became one of Brisbane's most prestigious residential addresses. Converted to commercial use in 1984 whilst retaining their character, the building has remained a visual landmark along Coronation Drive.
Terrace Home 5/249 Coronation Drive, Milton is currently being used as a Commercial Office. Beautifully refurbished, the property offers a mix of workstations and meeting areas so that staff and clients can enjoy the building's style and charm with all the technological conveniences expected by a modern business.
With 353m2 of space, Unit 5 spans over 3 levels, plus 2 floors in the additional extension at the rear on the lower and middle levels. The current commercial occupiers enjoy the use of 18 work stations, a board room, two meeting spaces, kitchen, kitchenette, bathroom, two powder rooms, courtyard and 5 secure underground car spaces.
However, imagine also renovating part or all of the property and living in this graceful old lady and calling it your home! Enjoy your morning coffee from the balcony overlooking the Brisbane River and watch the commuters drive by. Two of the other terraces have recently been renovated into luxurious residential homes. The neighbouring property floor plan features 4 bedrooms, 4 bathrooms, powder room, dining, living, kitchen, library, office and courtyard. The options to reconfigure the existing space are endless.
All this character and comfort is possible whilst being within walking distance of Park Road and its restaurants and cafes, the Brisbane CBD, Regatta Hotel, Toowong Village, Wesley Hospital and Suncorp Stadium. Not to mention being moments away from Southbank Parklands, QPAC as well as the Queens Wharf project which is currently under construction. This property is the very definition of location, location, location!!
The area is also serviced by all major public transport including ferry, buses and trains. Situated across the road from the Milton Ferry Terminal and with Milton Train Station only a short stroll away, multiple bus stops are also located in close proximity.
Featuring:
Timber Floors
High Ornate Ceilings with ceiling roses
Ornate Timber Staircase
Ornate timber fretwork above doors
Leadlights to front door
City Views
River Views
Four Fireplaces
Five Secure Undercover Car Parks
Zoned Mixed Use (Inner City)
Only 1.5 km from the Brisbane CBD and sitting in the Milton State School and Kelvin Grove State College catchment areas, there is no time to wait! To inspect this iconic heritage building call Anne Gunson on 0407 114 189 or David Gunson on 0405 173 101.
Disclaimer:
Dimensions are sourced from Pricefinder & B.C.C and should be used as a guide only
Property History for 5/249 Coronation Dr, Milton, QLD 4064
- 23 Dec 2022Sold for $1,900,000
- 09 Aug 2022Listed for Sale FOR SALE
- 05 Jul 2019Sold for $1,200,000
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0About Milton 4064
The size of Milton is approximately 1.3 square kilometres. It has 9 parks covering nearly 10.3% of total area. The population of Milton in 2016 was 2274 people. By 2021 the population was 3144 showing a population growth of 38.3% in the area during that time. The predominant age group in Milton is 20-29 years. Households in Milton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Milton work in a professional occupation.In 2021, 29.50% of the homes in Milton were owner-occupied compared with 36.30% in 2016.
Milton has 2,971 properties. Over the last 5 years, Houses in Milton have seen a 50.87% increase in median value, while Units have seen a 67.73% increase. As at 30 November 2025:
- The median value for Houses in Milton is $1,645,545 while the median value for Units is $766,485.
- Houses have a median rent of $700 while Units have a median rent of $660.
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