Back 2/179 Moray Street
Off Market

2/179 Moray Street

New Farm QLD 4005

3
2
2
150 m²
Apartment
Phillip HarriganPhillip Harrigan, last sold this property on 14 October 2015 after 14 days on market.

Overview

Premium 3 Bedroom Opportunity - MOTIVATED OWNER

Fresh, bright and smartly renovated for easy modern living is this spacious 150sqm apartment situated in the heart of New Farm. Located only metres to the iconic River Boardwalk, plus shopping and dining precincts around New Farm, enjoy a convenient lifestyle at your doorstep. Positioned on the corner of the first floor with a leafy backdrop, the flowing floor plan includes three great size bedrooms, study room area, two modern bathrooms and an enclosed garage with space to accommodate two cars. Enjoy entertaining in the large designer kitchen flowing out towards the living and dining room with a soothing leafy aspect with ample natural light. Perfectly suited for the current investor looking for a high growth and strong yielding investment or the owner occupier looking for a rare three bedroom option on one of New Farm’s most popular streets – The Choice is Yours! Property Features include: • Three spacious bedrooms • Study or office area • Two modern bathrooms • Enclosed garage with space for two cars • Large designer kitchen with stainless steel appliances and plenty of storage • Plenty of natural light with leafy backdrop • Easy access to local transport options, River Boardwalk, Merthyr Village plus local cafes and restaurants • Currently tenanted at $650pw until January 2016 • Freshly renovated with neutral colours throughout • Total area 150sqm • Located in a boutique building with lift access • Low annual outgoings The owner’s instructions are clear – This property Must Be Sold either on or before the 25th October. If you are in search for a rare 3 bedroom opportunity within one of New Farm’s most sought after property precincts, this property will represent New Farm’s buy of 2015. All offers prior to the Auction Day (Sunday 25th October) have been strongly instructed to be presented for consideration.

Features

3 bedrooms
2 bathrooms
2 carspaces
150 m² floor area
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in New Farm over the last 12 months, the estimated median property value of 2/179 Moray Street is $3.15m.

Median value
$3.15m
Estimated value range
$905k - $10m
Median days on market
32
Estimated value trend
59%
increase over the last 12 months
Average days on market is based on recent, comparable sales in New Farm. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2/179 Moray Street

2022
Rented
Undisclosed
Leased on 18 Jul 2022 by Living Here Cush Partners
2022
Rented
Undisclosed
Leased on 17 Jul 2022 by Living Here Cush Partners
2015
Sold
Undisclosed
14 Oct 2015 by Phillip Harrigan, of Ray White New Farm

Happy sellers in New Farm

84%
84% of sellers in New Farm reported that their sale price either exceeded or met their price expectations.

New Farm stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 20 reviews in New Farm over the last 12 months.

Local market activity for 3 bedroom apartments in New Farm

In the last 12 months, 35 three-bedroom apartments similar to 2/179 Moray Street, have been sold.

This represents a 30% increase in three-bedroom apartments sales when compared to the previous 12 months.

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