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49 Reading Street, Paddington$12m
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Soldhouse

49 Reading Street

Paddington, QLD 4064, Australia
$12m
5 bed 3 bath 5 car1634 m²

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About this property

Rising above the treetops on a 1,634sqm corner parcel, 'Governess' by Graya stands as one of Paddington's most significant and transformed homes. An iconic 1860s-era residence redefined with uncompromising precision and contemporary mastery, this landmark reimagining honours its storied heritage while introducing a bold contemporary vision that reshapes how the home is experienced. A study in light, space and sculptural beauty, the residence balances harmony and contrast, where subtle curves meet confident forms. Old and new are thoughtfully divided by a striking spiral staircase, a centrepiece that is as functional as it is artistic. Grounded in the emerald hues of green marble and the warmth of walnut-toned cabinetry, the interiors echo the leafy outlooks of the tree-lined surroundings. An arched gatehouse mirrors the graceful arches within the entrance hall, drawing the outdoors inside and reinforcing a profound sense of place. Elevated by home automation via Electronic Living and serviced by an internal lift, the home delivers intelligent luxury at every turn. Designed with tailored transitions and openness to the environment, 3.1-metre ceilings and floor-to-ceiling glass invite sunshine deep into the interiors while framing radiant city and treetop views. Living and dining extend to a wraparound deck overlooking landscaped lawns and a resort-style pool, perfect for children, lounging, and summer afternoons. Entertaining is effortless, with an outdoor BBQ and a Miele kitchen forming an illuminated culinary domain, where a dramatic 4.5-metre island rests beneath a skylight, and a butler's pantry is hidden from view. Downstairs, workouts and unwinding are catered to with a gym and a tasting room, complete with a cellar, bar and lounge behind thermally insulated glass. Accommodation is generous, comprising a study, five bedrooms, additional office, three bathrooms and a five-car garage. Crowning the home is the palatial primary suite. A private sanctuary occupying the top floor with its own lounge, deck, and an exemplary dressing room that leads to a sumptuous ensuite where a fireplace and skylight frame the freestanding bath, inviting you to sit and relax as ambient light and warmth envelop you. A landmark reborn at an unrivalled Paddington address, 'Governess' includes: • Iconic 1860s-era heritage home transformed by Graya • 1,634sqm corner allotment with city and ridgeline views • Study, 5 bedrooms, 3.5 bathrooms, 5-car garage • Private primary quarters with lounge, dressing room and ensuite • Expansive living and dining, timber decks, swimming pool, gym • Miele kitchen, hidden butler's pantry, alfresco BBQ, tasting room • Mudroom, comms room, security/panic room, undercroft storage • Electronic Living home automation, lift, A/C, fireplace, security • 400m to bus, 550m to Paddington precinct, 900m to Rosalie Village • 3.5km to the CBD, minutes to Stuartholme, BBC and Grammar To obtain further information or to arrange a private inspection, please contact Josh Brown on 0403 139 397 or Matt Lancashire on 0416 476 480.

Property Details

Property Type
house
Listing Type
Sold
Bedrooms
5
Bathrooms
3
Parking
5
Land Area
1634 m²
Listed
3 months ago

Repayment calculator

$58,175/month
$29,088 /fortnight
Loan $9,600,000 at 6.10% over 30 years

Upfront costs

Deposit$2,400,000
Stamp duty$670,525
Conveyancing (est.)$2,000
Total upfront$3,072,525
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Paddington

This 5-bedroom house in Paddington, QLD 4064 sits within reach of public transport, local shops and nearby schools. It is listed 567% above the $1.80m median of 59 comparable houseswithin 5 km.

Schools near Paddington

  • Petrie Terrace State Schoolprimary · Prep-6 · CoEd

What's nearby

  • Latrobe Tce at Perrott Street , stop 13 (bus)259 m away
  • Mayfield Chocolates545 m away
  • Wilden Street Park120 m away
  • Unnamed311 m away
  • Perrott Street Park424 m away

Paddington at a glance

Full suburb profile
Population
9,063
Median age
34
Household income
$2,775/wk
Median rent
$470/wk
Median mortgage
$2,708/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Paddington price trend

Median sold · House 5+ bed

Compound growth +4.2% / yr over 4 yrs

$3.11mcurrent median

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