Property Details for 5 Howard St, Paddington
Last Listing description (January 2025)
Unique Residential - Office Mix in Rosalie
Ideally located in the vibrant heart of Rosalie, sitting opposite Milton State School, with a wide range of caf's, bars and retail outlets close by, this property offers a mouth watering opportunity to invest in, or base your business in, one of Brisbane's most desirable locations.
Easy walk to Milton Train Station and a little further to the Brisbane River, the Citycat and bike tracks. Approx 2.5klms to Brisbane City and good access to north and south arterials.
The office space has a smart modern reception area with a separate meeting room. With steps up half a level the office then opens up offering 4 or 5 work stations and a small private office. This level also has a kitchen plus male and female toilets.
Through to a separate section that includes a further 5 work stations, an on to another space with 3 work stations opening to a courtyard.
Combined, there is 108m2 of lettable office space.
Part of the same land is a 2 storey residential building with one flat on each level.
Flat 1 - The lower level offers 2 bedrooms, living and dining areas, kitchen and bathroom, plus a small laundry area. Rent $420pw
Flat 2 - The upper level offers 3 bedrooms, living and dining areas, kitchen and bathroom, plus small laundry area. Rent $480pw
The Details:
* Unique Property in the heart of Rosalie
* Combined Residential/Office
* Office space 108m2 + 2 Residential flats
* Tenancy Lease 1.11.2022 to 31.10.2024 @ $5,400 per month plus GST
* From 1.11.2024 combined rental income $111,600pa - Outgoings (rates, insurance, land tax) approx. $20,700pa
* 3 car parking
* Land Area 455m2
An opportunity to invest in this delightful upbeat location, offering consistent returns for the investor or a high profile location for the business owner.
Property History for 5 Howard St, Paddington, QLD 4064
- 02 Oct 2024Listed for Sale For Sale
- 31 Mar 2016Listed for Rent - Price not available
- 06 May 2010Listed for Rent $480 PER WEEK
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 4,621 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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