3/33 Terrace St, Paddington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 84m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in February 2025.
Occupying a corner position on a quiet street in the heart of Paddington, this entry-level unit reveals a move-in ready opportunity for a home buyer or investor seeking a low maintenance property within walking distance to Latrobe Terrace and close proximity to the CBD. Situated in a complex of just six lots, this ground floor unit provides street-level access and a desirable north-eastern aspect.
The open plan living area is light and bright, comprising soaring raked ceilings and a direct alfresco connection to the private, fenced courtyard surrounded by mature trees. The monochromatic L shaped kitchen has been updated and presents sleek, white cabinetry with finger pull details, ample storage including a full height pantry, a stainless steel dishdrawer, induction cooktop and an Ariston under-bench oven.
Two bedrooms feature a neutral colour scheme, highlighting the abundance of natural light and provide a private, leafy outlook. The master bedroom is queen-sized and includes a built-in robe. Servicing the accommodation, an updated bathroom comprises a shower-bath combination, ample storage & combined laundry facilities.
Established landscaping in communal areas includes mature shade trees and cottage style gardens.
Additional features include:
Ceiling fans
Split system air conditioning
Secure car accommodation and additional storage room with further laundry facilities
This opportunity will attract entry level buyers and investors seeking a well maintained unit within walking distance to Latrobe Terrace and close proximity to the city.
Located just a 6 minute commute from the CBD, with great access to major arterials, the City Glider is a convenient transport option, passing on Latrobe Terrace every 10 minutes. Latrobe Terrace is a restaurant mecca with a selection of specialty shops and grocery. Merlo Coffee, Hai Hai and Sassafras are popular with the locals. Other local highlights include the Healing Stone at the end of the street, Suncorp Stadium and Empire Revival within close proximity. Situated within the school catchments for Petrie Terrace 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 interest.
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:
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