Back 2 Mullin St
Off Market

2 Mullin St

Paddington QLD 4064

4
1
8
385 m²
House
Last sold for $1,750,000
Nicholas HallNicholas Hall, last sold this property on 23 October 2025 after 119 days on market.

Overview

Golden Opportunity!

Welcome to 2 Mullin Street Paddington, an extremely rare offering made available to the public for the first time in over thirty years. The unicorn has arrived! A versatile and historic two-storey Colonial Cottage offering a myriad of investment, living and work options. Formerly the local grocer, this late 19th century built property is located on the city side of Paddington at the end of a cul-de-sac, the property is just a few minutes' drive or walk from Brisbane's CBD, has easy access to the inner-city bypass to head in all directions out of the city and is within a short stroll to Caxton and Given Terrace for all conveniences. Currently configured in an open plan office style environment on the lower level and a self-contained two-bedroom apartment on the upper level with separate entry, the property sits on a good sized 385m2 lot with front, side, and rear access to the property. On entry via the quintessential undercover wraparound corner shop verandah, the lower level consists of a large open plan entry and air-conditioned room, with period features, soaring ceilings, VJ walls and stunning polished timber floorboards. There is a powder room located off this space and a small separate kitchenette for those tea and coffee breaks. This level also has a further two rooms that can be used as private office spaces or potentially as bedrooms. It is easy to imagine that with a little creativity this whole entire lower level could be converted into a separate living arrangement. Upstairs is your traditional colonial cottage home, now a separate partly air-conditioned apartment consisting of a good-sized open plan living, dining and kitchen, two large bedrooms and combined bathroom and internal laundry. From here you have a wonderful outdoor under cover wrap around balcony that allows you to take in magnificent views of the district as well as city glimpses. Externally you are blessed with parking options, there are three reserved parking spaces at the front of the home. At the rear there is a massive high bay carport for larger vehicles reached via a hard stand side driveway where more vehicles can be parked. Conceivably the property could potentially hold as many as eight vehicles on-site. Features • Dual income possibilities • Conversion possibilities (STCA) • Period Features • Air-Conditioning • Solar Power • Close proximity to CBD and amenities As the property is being sold as a residential property, your options are diverse. Perhaps leave as is and enjoy a dual income asset with little to no work. Live in one and rent out the other. Convert to two apartments or convert back to one large home. Whatever your property needs are, this really is a golden and unique opportunity that rarely come along in a blue-chip suburb like Paddington. And located on the edge of Brisbane's CBD your capital appreciation is assured. For further information or to request an inspection contact us anytime. PLEASE NOTE - SOME INTERNAL PHOTOS SHOW VIRTUAL FURNITURE

Features

4 bedrooms
1 bathroom
8 carspaces
4 carport spaces
4 open car spaces
385 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Paddington over the last 12 months, the estimated median property value of 2 Mullin St is $2.33m.

Median value
$2.33m
Estimated value range
$1.38m - $5.15m
Median days on market
37
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Paddington. 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 Mullin St

2025
Sold
$1,750,000
Private Sale/Treaty on 23 Oct 2025 by Nicholas Hall, of Ray White Paddington QLD
2020
Rented
Undisclosed
Leased on 27 Aug 2020 by Rental HQ
2019
Rented
Undisclosed
Leased on 21 Aug 2019 by Harcourts Property Partners

Happy sellers in Paddington

80%
80% of sellers in Paddington reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 19 reviews in Paddington over the last 12 months.

Local market activity for 4 bedroom houses in Paddington

In the last 12 months, 42 four-bedroom houses similar to 2 Mullin St, have been sold.

This represents a 22% increase in four-bedroom houses sales when compared to the previous 12 months.

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