135 Latrobe Terrace, Paddington, QLD 4064 | Property Value & History | OnTheHouse
OFF MARKET

135 Latrobe Terrace
Paddington QLD 4064

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 91m2
Land area: 579m2
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Property Details for 135 Latrobe Tce, Paddington

135 Latrobe Tce, Paddington is a 1 bedroom, 1 bathroom House and was built in 1986. The property has a land size of 579m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1986
Floor Size
91m2
Land Size
579m2
Local Government
Brisbane
Lot/Plan
1/RP20692

Last Listing description (August 2024)

An exceptional opportunity awaits savvy investors looking to secure commercial or mixed-use premises in a prime location on Latrobe Terrace. Surrounded by thriving businesses and residential investments, this property boasts a prominent position that ensures visibility and success.

The approved development plan showcases a smart design that maximizes the potential of the land, taking into account the gradient and elevation to optimize profitability. Whether you're looking to occupy the existing dwelling or embark on a full-scale renovation and development project, this property offers a wealth of possibilities.

Key features of the development approval include:

Conversion of the street-level dwelling into commercial space, featuring a retail showroom and three offices
Addition of a two-bedroom, two-bathroom unit and a one-bedroom plus study, one-bathroom unit
Provision of four basement car spaces and storage
Installation of a lift
Availability of five open car spaces
The current dwelling boasts:

-A generous 579m2 area with a 15-meter street frontage
-Serene suburban views at the rear of the property
-An expansive living area adorned with character features
-A functional kitchen
-A bathroom with shower and inclusive toilet
-Covered front and rear verandahs

With its adaptable floor plan, this property offers a range of opportunities and will appeal to investors with a keen business sense seeking premises in a high-profile location for a commercial venture or a lucrative addition to their property portfolio.

Property History for 135 Latrobe Tce, Paddington, QLD 4064

A timeline of how this property has performed in the market
Last Sold
$2,036,190
30 Aug 2021
  • 04 Aug 2024
    Listed for Sale FOR SALE!
  • 02 May 2024
    Listed for Sale FOR SALE!
  • 02 Feb 2023
    Listed for Sale For Sale
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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 4,623 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.
There are currently 30 properties listed for sale, and 12 properties listed for rent in Paddington on OnTheHouse. According to Cotality's data, 205 properties were sold in the past 12 months in Paddington.

Suburb Insights for Paddington 4064

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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.