Back 40/176 Sydney Street
Off Market

40/176 Sydney Street

New Farm QLD 4005

2
2
1
120 m²
Apartment
Last sold for $1,170,000
Aaron WoolardAaron Woolard, last sold this property on 10 March 2026 after 6 days on market.

Overview

Distinctive Loft Style Living in Powerhouse Terraces on Tree-Lined Sydney Street

Tucked within Powerhouse Terraces on tightly held Sydney Street, this distinctive loft residence sits within one of New Farm's most architecturally recognisable complexes. Defined by its arched windows and striking loft layouts, the building offers a style of apartment living that feels both individual and enduring. Surrounded by mature street trees and landscaped greenery, the complex provides secure entry and a boutique presence along one of the suburb's most desirable streets. Inside, renovated interiors unfold across an open-plan living and dining space defined by a striking black and white palette and glossy tiled flooring. Cathedral height voids draw natural light from above, enhancing the sense of volume throughout the main living area. Sliding doors extend the space to a covered balcony overlooking the leafy canopy of Sydney Street, creating a quiet outdoor setting for entertaining or relaxing. The kitchen sits comfortably within the open-plan layout. Stone benchtops provide generous preparation space, complemented by white cabinetry and a contrasting glass splashback. A central island with built-in dining anchors the room, while a host of stainless-steel appliances ensure the space functions with ease for everyday living. Upstairs, the loft-style main bedroom sits beneath exposed timber beams that highlight the apartment's architectural flair. Polished timber floors add warmth, while a large arched window draws in natural light and leafy outlooks. The bedroom includes a built-in wardrobe, private ensuite and dedicated office area. The second bedroom is positioned nearby and features dual built-in wardrobes with access to its own ensuite. A guest powder room, separate laundry, air conditioning and under-stair storage further enhance practicality. Residents of Powerhouse Terraces enjoy resort-style facilities arranged around a landscaped courtyard, including an inground swimming pool, BBQ area and gym. Secure entry and basement parking add further convenience. From this address, New Farm Park, the Brisbane Riverwalk and the Brisbane Powerhouse are all within easy walking distance. Merthyr Village is moments away for everyday essentials, while James Street's restaurants, boutiques and bars sit only minutes from your door. Morning walks along the river, coffee at local cafés and weekends at the Jan Powers Farmers Markets quickly become part of daily life. If you've been searching for an apartment with genuine character in a location where everything New Farm is known for sits within easy reach, this is one worth seeing. Disclaimer This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
120 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in New Farm over the last 12 months, the estimated median property value of 40/176 Sydney Street is $1.12m.

Median value
$1.12m
Estimated value range
$600k - $2.42m
Median days on market
15
Estimated value trend
20%
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 40/176 Sydney Street

2026
Sold
$1,170,000
10 Mar 2026 by Aaron Woolard, of Place Estate Agents - New Farm
2024
Rented
Undisclosed
Leased on 29 Jul 2024 by McGrath New Farm
2024
Rented
Undisclosed
Leased on 09 Jan 2024 by McGrath New Farm

Happy sellers in New Farm

85%
85% 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 24 reviews in New Farm over the last 12 months.

Local market activity for 2 bedroom apartments in New Farm

In the last 12 months, 89 two-bedroom apartments similar to 40/176 Sydney Street, have been sold.

This represents a 9% increase in two-bedroom apartments sales when compared to the previous 12 months.

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