East Brisbane's Most Extraordinary Dual Purpose Offering

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26-28 Mowbray Terrace, East Brisbane QLD 4169

Priced To Sell

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$3M - $3.3M High Confidence Calculated based on strong search observations.

House 5 Beds 3 Baths 2 Cars 708 m²

Listed: 49 days ago

Updated: 21 days ago

Overview

Located in the inner east of Brisbane, this heritage listed property at 26-28 Mowbray Terrace in East Brisbane presents a truly unique combination of commercial potential and residential comfort. Originally constructed in 1885 as the Mowbraytown Presbyterian Church and recently used as a boutique pilates studio, the site spans approximately 708 square metres across two titles, showcasing both historical grandeur and modern functionality.

The front of the property offers an imposing, character-filled commercial space ideal for various business uses, including boutique retail, creative studios, or professional practices. Its state heritage listing and distinguished architectural features grant a distinctive street presence and a high level of prestige, offering an exclusive profile not commonly found in the area.

Behind and above the commercial section, the residential component has been renovated and sensitively updated to meet contemporary family living standards. With five spacious bedrooms and three bathrooms, along with a renovated kitchen and dining space, the home comfortably accommodates family needs while complementing the building's outstanding craftsmanship. The inclusion of a double garage and ample storage and yard space further enhances the property's functionality and lifestyle appeal.

Original architectural elements such as soaring ceilings and period joinery imbue the residence with an ambiance that modern constructions rarely replicate, emphasizing the heritage charm and historical importance of the site. The state heritage protection assures buyers of the enduring character and long-term value, making this a rare opportunity for custodianship of a landmark building.

This property is well suited for a live-in business owner, creative entrepreneur, professional consultant, or those seeking an exceptional family residence with a rich history and versatile potential. The unique blend of residence and commercial space is rarely encountered, and the property invites buyers to explore diverse possibilities within a distinguished and highly sought-after inner-city locale.

Opportunities of this scale and historical significance in East Brisbane are exceptionally rare, making this a once-in-a-generation offering.

Local Market Insights

In East Brisbane, Quiet Listings observed 7 new houses entering the market over the last 30 days, up from 5 during the previous 30-day period, with an average advertised asking price of $1,878,571. The property type mix of listed properties is predominantly Apartments at 50%, followed by houses (25%), and units (18%). The most active agency for houses in the East Brisbane area is currently Place, representing 29% of new listings, followed by McGrath Estate Agents with 29%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.