118 Latrobe TerracePaddington QLD 4064
Property Details for 118 Latrobe Tce, Paddington
Last Listing description (January 2026)
Small Business owners!
Investors!
Short Term Rental Accomodation!
Families with Teenagers!
… A Multitude of Options
On a large 521M2 this meticulously renovated dwelling is right amongst the bustling cafe / restaurant precinct on Latrobe Terrace. A full renovation has been recently completed and is ready to move in before Christmas !!
All this with City Views !!
Capitalise on the optimal location by running a home-based business from one level while living in the other; ideal for creatives and consultants.
Upstairs presents three generous bedrooms, access to two bathrooms, the kitchen adjacent to an open plan living area spilling to the rear deck, beautifully framing district & City views.
The lower level has been designed for dual living; ideal for airbnb, permanent rental or extended families. The secure design enables separation and the ability to lock-up-and-leave for travellers and busy professionals.
Over two levels, the property has been designed for dual living.
Potential for future development on the site (STCA) delivers broad appeal to investors pursuing a long-term addition to their portfolio. Room for a pool, a Granny flat? So many options.
Additional features include:
• Modern brushed gold fixtures compliment the white cabinetry throughout
• Oak timber flooring on both levels
• City views & spectacular suburban outlook
• Fully self-contained dwelling with separate access
• Alfresco entertaining areas on both levels
• All bedrooms include built-in robes
• Secure covered accommodation for two cars
Located just a 6 minute commute from the CBD, with major arterials just minutes away, the City Glider is a convenient transport option, passing every 10 minutes. Latrobe Terrace is a restaurant mecca with a selection of specialty shops including Woolworths. Frank's, Sassafras and Il Posto restaurants are popular with the locals.
Other highlights include Suncorp Stadium and the PCYC within close proximity. Situated within the school catchments for Milton State School & Kelvin Grove State College. Popular choices for private schools include Brisbane Grammar, Girl's Grammar, St Joseph's College (Terrace) & Marist College.
For sale by Public Auction (Unless sold prior), inspect by appointment or contact Judi O'Dea on 0417 009 635 or Max Hadgelias 0411 276 372 for further information about submitting your interest.
** STCA = Subject to Council Approval**
Property History for 118 Latrobe Tce, Paddington, QLD 4064
- 16 Apr 2026Listed for Rent $575 / week
- 07 Jan 2026Sold for $2,350,000
- 11 Nov 2025Listed for Sale Offers Over $2,300,000
Recent sales nearby
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0About 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 4,621 properties. Over the last 5 years, Houses in Paddington have seen a 57.83% increase in median value, while Units have seen a 100.41% increase. As at 30 April 2026:
- The median value for Houses in Paddington is $2,238,305 while the median value for Units is $1,006,390.
- Houses have a median rent of $950 while Units have a median rent of $625.
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