190 Latrobe Terrace, Paddington, QLD 4064 | Property Value & History | OnTheHouse
 
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190 Latrobe Terrace
Paddington QLD 4064

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 306m2
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Property Details for 190 Latrobe Tce, Paddington

Building Type
Commercial
Land Size
306m2
Local Government
Brisbane
Lot/Plan
4/RP19635

Last Listing description (April 2024)

Take advantage of the central position of this picture perfect cottage atop Latrobe Terrace, currently utilised as mixed-use investment there are a multitude of options to maximise the potential of the elevated allotment. Occupy as a business, explore building or extending for residential occupation to enjoy magnificent views of the CBD and surrounds. (Subject to council approval)

Plans have been drafted to illustrate the opportunities to utilise the land at the rear of the dwelling to build a three bedroom townhouse style home that may appeal to business owners seeking an opportunity to live and work in the heart of Paddington. Showcasing a premier position and potential to maximise the magnificent views of the CBD and suburban vista, buyers seeking a space for an established business or startup will be securing an investment surrounded by desirable residential property and thriving businesses.

The existing dwelling consists of an entry verandah spanning the width of the premises, opening into a hallway with a series of four consulting rooms and a reception area.

A kitchenette and powder room located at the rear of the property service the space.

Currently being occupied as a commercial premises, the current floor plan would require some refining to the amenities if the intent were to utilise the dwelling for residential purposes.

The rear of the allotment features a low maintenance lawn area and established trees as well as a detached shed and single car space plus room for many more off street. .

Additional features include:
Split system air conditioning
Indicative plans drafted to illustrate further extension or construction opportunities

This property will attract buyers seeking premises in a prominent location for a commercial venture, with a future scope to reside onsite or a savvy investor seeking a profitable addition to their investment portfolio.

Located just a 6 minute commute from the CBD, with great access to major arterials, the City Glider is a convenient transport option, passing every 10 minutes. Latrobe Terrace is a restaurant mecca with a selection of specialty shops and grocery. Blackout Coffee, Naim and Il Posto restaurants are popular with the locals. Other local highlights include Suncorp Stadium and the Paddington Antique Centre within close proximity. Situated within the school catchments for Ithaca Creek State School & Kelvin Grove State College. Popular choices for private schools include Brisbane Grammar, St Joseph's College (Terrace), Mt St Michael's & Marist College.

Inspect by appointment or contact Max Hadgelias 0411 276 372 for further information about submitting your expression of interest.

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Property History for 190 Latrobe Tce, Paddington, QLD 4064

A timeline of how this property has performed in the market
Last Sold
$1,900,000
22 Feb 2024
Listed for Rent
$550/w
21 Mar 2012
  • 22 Feb 2024
    Sold for $1,900,000
  • 31 Jan 2024
    Listed for Sale FOR SALE
  • 09 Mar 2015
    Sold for $820,000
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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.
There are currently 28 properties listed for sale, and 13 properties listed for rent in Paddington on OnTheHouse. According to Cotality's data, 208 properties were sold in the past 12 months in Paddington.

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