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

46 Latrobe Terrace
Paddington QLD 4064

Bedrooms: 6
Bathrooms: 1
Car spaces: -
Floor area: 203m2
Land area: 848m2
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Property Details for 46 Latrobe Tce, Paddington

Building Type
Commercial
Year Built
1920
Floor Size
203m2
Land Size
848m2
Local Government
Brisbane
Lot/Plan
6/RP19619

Last Listing description (August 2022)

Open for Inspection By Appointment

Built circa 1910, this lovely double-gabled Queenslander cottage is situated in an enviable position in one of Paddington's best-known streets.

Just 2km from Brisbane CBD, this dual-zoned, character-rich residential property located at a sought-after address offers unlimited potential either as a large family home or as an investment for both residential and commercial use. This house has been regularly maintained, with the last major renovations completed since the current owners purchased the home.

Notwithstanding the premium location, the simple exterior of this dual-level home hides a charming urban haven. Accessible at street level, after stepping through the front door you immediately sense the gentle, welcoming character of yesteryear in every light-filled room. The neutral palette throughout provides the perfect backdrop for a plethora of original features which pay homage to the history of this home including soaring ceilings, VJ panelling, picture rails, leadlight, breezeways and fretwork.

On the upper level, the formal reception/ lounge opens out through leadlight French doors onto a deck that is perfectly positioned to catch cool breezes and unobstructed city views. The perfect place to relax and entertain, the upper level of this home also features 2 spacious bedrooms, a full eat in kitchen complete with gas cooking and original leadlight windows, and the main bathroom.

Moving to the lower level you are met with the thoughtfully situated internal staircase. 5 large bedrooms are complemented by new flooring throughout the lower level, a new powder room, and bench seating in one living area, all of which are sensitive renovations that make subtle references to original features.

Moving through this residence, it is evident to the onlooker the home has been affectionately maintained. The considerate addition of fully ducted air conditioning throughout, solar panels, and NBN/ telephone connection in each room also makes this a highly functional home. In addition, soothing natural light pervades every room, providing a sense of connectedness to the leafy garden and natural setting that wraps around the home.

Beyond internal living areas, the property offers further sub-floor storage, and room for ample off-street parking. The size of land to the rear of the building must be experienced to be believed. The discerning buyer will be able to easily envisage the untapped potential that exists.

Savvy investors and home buyers will notice:
1. The unrivalled opportunity offered by this rare chance to purchase an unusually generous land and dwelling package on a double block situated in the upmarket suburb of Paddington, located on its landmark strip complete with city views.
2. The ideal setting of this home close to restaurants, boutiques, public transport, and premium school options, making it suitable for families at any stage of life (including extended families).
3. The gently sloping, tree-lined, sizable double block affords privacy and reliable natural drainage, with easy access on both sides of the building to accommodate the addition of a pool, the development of a breath-taking extension or subdivision (STCA).
4. The existing comprehensive internal floor space with 7 bedrooms allows this residence to easily accommodate a large family (including multiple generations) and/or further renovations during a tenancy if new owners wish to renovate or extend the property to further capitalise on their dream residence.

Properties on Latrobe Terrace are seldom available to exchange hands. With almost limitless flexibility in how this asset can be utilised, we believe this unique property offers a wonderful prospect for the residential owner occupier, home business owner and shrewd investor alike.

The owners are motivated to sell to serious buyers and request your best offer via Expressions Of Interest now. For more information contact Max Hadgelias on 0411 276 372 or George Hadgelias on 0403 062 062 today!

Property History for 46 Latrobe Tce, Paddington, QLD 4064

A timeline of how this property has performed in the market
Last Sold
$2,025,000
17 Jun 2022
Listed for Rent
$949/w
04 Apr 2018
  • 17 Jun 2022
    Sold for $2,025,000
  • 10 May 2022
    Listed for Sale FOR SALE
  • 02 May 2019
    Listed for Rent - Price not available
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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.
There are currently 29 properties listed for sale, and 14 properties listed for rent in Paddington on OnTheHouse. According to Cotality's data, 207 properties were sold in the past 12 months in Paddington.

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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.