1/18 Morris StreetPaddington QLD 4064
Property Details for 1/18 Morris St, Paddington
1/18 Morris St, Paddington is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1993. The property has a land size of 99m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in June 2020.
Last Listing description (June 2020)
Situated in a desirable and elevated position in Paddington, 1/18 Morris Street is the perfect opportunity for the first home buyer looking to enter the Real Estate market, an investor or a person looking secure an inner-city position.
Features Include:
- Newly Renovated Kitchen & Bathrooms
- North Facing Position with Plenty of Natural Light
- Strong Rental Position $475 p/w
- Small Complex of 6 with Low Body Corporate Fees
- Double Off-Street Parking & Storage
- Walking Distance to Latrobe Terrace & Public Transport
In a small complex of 6, this apartment offers an abundance of natural light from every room with windows that sprawl from wall to wall. The spacious floor plan ensures relaxed living and seamlessly flows to the North East balcony, this position allows an array of breezes all year round. With a green leafy outlook, the balcony is the perfect place to retreat and take in Paddington's landscape.
Both bedrooms are well portioned with air-conditioning for your comfort and both with built-in robes. The main bedroom offers a full-size ensuite. Separate laundry, lock up storage, and 2 undercover off-street car parks, this unit has all the must-have amenities, making this one a smart choice and a wise investment.
Being only a short stroll to all the conveniences of Paddington, life at this address means you can immerse yourself in all of the boutique shops, quality cafes and restaurants, premium sporting and entertainment venues, public transport and easy commute to the city.
1/18 Morris Street is a safe and sound first home or investment opportunity. Investors can expect a healthy rent return of approx. $475 per week, low vacancy, and quality tenants. First home buyers, this apartment is a cut above the rest and an excellent first step on the property ladder! Super close to Paddington's Latrobe & Given Terrace and the much loved Rosalie Village, this is the place to enjoy life!
For further information or to arrange your private inspection please do not hesitate in contacting Angela or Harrison today!
Property History for 1/18 Morris St, Paddington, QLD 4064
- 29 Jun 2020Sold for $512,500
- 03 Jun 2020Listed for Sale For Sale
- 28 May 2002Sold for $174,000
Recent sales nearby
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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 2016 was 8562 people. By 2021 the population was 9063 showing a population growth of 5.8% 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 2021, 55.60% of the homes in Paddington were owner-occupied compared with 52.40% in 2016.
Paddington has 4,613 properties. Over the last 5 years, Houses in Paddington have seen a 80.24% increase in median value, while Units have seen a 89.40% increase. As at 31 December 2025:
- The median value for Houses in Paddington is $2,110,264 while the median value for Units is $897,988.
- Houses have a median rent of $850 while Units have a median rent of $600.
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