1 Elizabeth Street, Paddington, QLD 4064 | Property Value & History | OnTheHouse
OFF MARKET

1 Elizabeth Street
Paddington QLD 4064

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 199m2
Land area: 645m2
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Last updated 13 Jul 2026
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Property Details for 1 Elizabeth St, Paddington

Building Type
Commercial
Year Built
1900
Floor Size
199m2
Land Size
645m2
Local Government
Brisbane
Lot/Plan
22/SP247567

Last Listing description (July 2026)

ELIZABETH STREET CBD TROPHY LEASING OPPORTUNITY

Position your business amongst Brisbane CBD's most recognised global luxury brands in one of the city's most tightly held and prestigious commercial locations.


Located within the heart of the haute couture retail precinct on Elizabeth Street, directly opposite the InterContinental Hotel and Wintergarden on Queen Street Mall, this exceptional multi-level opportunity delivers unmatched exposure, connectivity and corporate prestige.

Surrounded by internationally recognised neighbours including Cartier, Hermes, TAG Heuer, Omega and Scotch & Soda, this address places your business within Brisbane's highest calibre retail and professional environment.

Whether for flagship retail, showroom, luxury wellness, creative office, hospitality or client-facing corporate operations, this property offers the rare combination of status, visibility and flexibility in the centre of the CBD.

Why This Location Works
Premium Elizabeth Street frontage within Brisbane CBD's luxury retail corridor
Direct proximity to Queen Street Mall and Wintergarden
Opposite the InterContinental Hotel, attracting high-end local and international clientele
Exceptional staff amenity with immediate access to transport, dining, hotels and retail
Accessible via both Elizabeth Street and Xile Lane
Significant pedestrian exposure and daily foot traffic
Ideal for businesses seeking prestige positioning and strong brand alignment
Excellent accessibility for staff and customers via train, bus and active transport networks
Central CBD location supporting staff retention, convenience and client accessibility

Available Spaces
172m² premium ground floor tenancy - includes mezzanine component
Exceptional street presence and glazing
Ideal flagship retail or luxury showroom opportunity

108m² ground floor tenancy - with direct Xile Lane access
Strong exposure and activation potential
Suitable for boutique retail, hospitality or experiential concepts

138m² mezzanine tenancy - includes back-of-house area
Includes back-of-house facilities
Excellent natural light and visual connection to lower levels

139m² basement tenancy - luxury fit out
Flexible use potential
Suitable for showroom, wellness, studio or support operations
Ideal ancillary retail, studio or private client space

77m² basement tenancy -includes back-of-house area
Flexible use potential
Suitable for showroom, wellness, studio or support operations
Ideal ancillary retail, studio or private client space


Property Features
Polished, premium presentation throughout
Stone tiled finishes
Impressive ceiling heights and expansive voids
Floor-to-ceiling glazing providing abundant natural light
Premium lighting throughout
Electronic signage boards
Feature electronic staircase
Lift and stair access to all levels
Bathroom amenities on-site
Rooftop courtyard and BBQ area for staff and client use
Flexible configuration options available

This is a rare opportunity to secure space within one of Brisbane CBD's most prestigious and tightly held commercial pockets.

For further information or to arrange an inspection, contact the exclusive leasing agent today.
Harry Imam 0403 180 92 harry.imam@raywhite.com
Ravi Gayan 0426 560 756 ravi.gayan@raywhite.com


Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 1 Elizabeth St, Paddington, QLD 4064

A timeline of how this property has performed in the market
Listed for Rent
$1.29k/w
28 May 2026
  • 21 May 2026
    Listed for Rent - Price not available
  • 05 Dec 2025
    Listed for Rent $1,350 / week
  • 30 Oct 2023
    Listed for Rent $1,200 / week
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About Paddington 4064

The size of Paddington is approximately 2.5 square kilometres. There are 10 parks, covering nearly 1.4% of the 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 4,622 properties. Over the last 5 years, Houses in Paddington have seen a 37.44% increase in median value, while Units have seen a 110.45% increase. As at 30 June 2026:

  • The median value for Houses in Paddington is $2,144,903 while the median value for Units is $1,046,800.
  • Houses have a median rent of $950 while Units have a median rent of $630.
There are currently 27 properties listed for sale, and 17 properties listed for rent in Paddington on OnTheHouse. According to Cotality's data, 204 properties were sold in the past 12 months in Paddington.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.