290 Given TerracePaddington QLD 4064
Property Details for 290 Given Tce, Paddington
290 Given Tce, Paddington is a 14 bedroom, 7 bathroom Unit with 4 parking spaces. The property has a land size of 759m2.
Last Listing description (August 2016)
Let s run through the main boxes any investor would like to see ticked:-
Location - The focus these days is mainly on the newly emerging or growing high rise centres that are sprouting all over inner Brisbane. But what about the old low rise favourites that everyone loves? The Paddington strip is one of the most loved and patronised, and this property sits smack bang in the heart of it. Action. Vitality. Tick.
Value - Basically we all want a lot for a little. Well seven 2 bedroom purpose built flats (over 400m of building) for this price qualifies every day of the week. (Some nearby houses are more expensive!). Even if you want to renovate you will still fall well within good value overall. Tick.
Income - The current gross is a very respectable $97.5k pa. Renovating can get that over $118k pa, or going the whole hog can propel you to a stellar $178k. Nice fallback, spectacular blue sky. Tick.
Presentation - Let s face it, schmick is good. Thousands of years of Italian history can t be wrong. But in this case, dear reader, it is you who are going to have to do the schmicking if schmick is an essential ingredient for you. But there are great advantages to that too. You can do it how you want it, when you want, and in the meanwhile you will get good returns from a lot of very friendly very happy tenants who are happy to inhabit the (well located) non schmick part of the universe.
Contact me for full details on this property. With thirty two years as a multiple dwelling building specialist, with the best and most comprehensive information presentation, and with a tell it like it is policy, I will enable you to make the most informed decisions possible when buying all kinds of multiple dwelling buildings.
Property History for 290 Given Tce, Paddington, QLD 4064
- 06 Jul 2016Listed for Sale $1.625m - Big rundown classic in hot location!
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 4,614 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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