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New Farm Median Price
House$2,674,500
Unit$1,175,200
Land$1,585,000
The House price is 10% higher than last year.
Surrounding suburbs
East Brisbane$1,506,400
Hawthorne$1,945,600
Kangaroo Point$1,440,400
Newstead$1,725,000
Norman Park$1,556,000
New Farm 4005 Profile
New Farm rent price
A602 Lower Bowen Terrace, New Farm
Sold $2,000,000 in Dec 2016 [Rectify]
Last Sold $123,000 in Dec 1987
Rent $445pw in Oct 2019
House: 5 Bed rooms 3 Bath rooms 2 Car spaces
Land size: 703 sqm | Building size: 354 sqm [Measure]
Agent: Place - New Farm
Distance: 2.1 km to CBD; 2 km to Morningside Station [Transport]

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Floorplan | Map | Nearby prices
Property Description:
The backyard is east facing. The slope of land is Nearly Level. More about the land block...
 
Unmissable Dual Living and Home Business Opportunity in New Farm
Exceedingly rare and absolutely overflowing with possibilities, this property in a sought-after pocket of New Farm calls to those wanting to redesign, redevelop or have that true home business space that you have been dreaming about.
A multi-unit dwelling positioned on a fantastic 713m2 block, it features a three bedroom house upstairs and a two bedroom unit downstairs, plus a versatile space, adapted from an original squash court facility, currently being used as a Yoga studio.
For those wanting to live and work in one of Brisbane’s best inner city suburbs, the upstairs home features wooden flooring throughout, great natural light and refreshing breezes. Updated with quality finishes, the kitchen area includes sleek dark benchtops that contrast with the white cabinetry, gas cooktop with rangehood, ample storage and quality stainless steel appliances. Three spacious bedrooms are serviced by a separate bathroom with shower.
Downstairs, a further detached living space encompasses two bedrooms, neat kitchen, bathroom and tidy storage. It is perfect for independent living or it can be rented out, ready for you to reap the rental rewards.
Your idyllic business space has already been updated, the separate building including new flooring, designated office/workshop space, reception area and shower/change room facilities, so you can start living the dream without a thing to do!
If you see the potential for development, this property is zoned LMR and has great scope for subdivision (subject to council approval).
Placed a leisurely stroll to an eclectic mix of Merthyr Road and James Street...
Lot/Plan No: 2/RP48016
Planning History:
[10 Oct 2019] Dual Occupancy, Dual Occupancy
Search neighbour's planning permit
Nearby Schools:
NameTypeRankDistance
Holy Spirit SchoolPrimaryNo.278760 metres
New Farm State SchoolPrimaryNo.701 km
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