An exceptional and once in a Lifetime opportunity, Radna Hall is an established offering coupled with a huge potential to extend and upgrade the property further.
A prime investment in New Farm, one of the most trendy and closest suburbs to the Brisbane CBD. Benefitting of a dual access with a lane at the rear, the building comprises of 7 established units with car spaces provided for each apartment.
A charming, well-maintained building long associated with New Farm history and just a few doors down from the bustling Merthyr Rd Village Precinct. the convenience of this outstanding location ensures strong and stable tenancy, an enduring and sound investment in a unique, character building, right in City.
Residents love the lifestyle that this location provides: restaurants, bars, bookstores, arthouse cinemas and a fabulous Farmer’s Market at the Powerhouse entertainment precinct.
Regular buses and City Cat ferries will get you where you need to be in minutes and in fact, there’s a good chance that if you need anything, a gentle stroll will get you anywhere you want to go.

Key points:

-667 sqm block located in a highly sought inner-city location
-Dual street frontage with Adeline Lane at the rear of the building offers 5 car spaces and the opportunity to develop further (subject to council approval)
-Capitalise on the proven and ongoing strength of New Farm
-long standing rental income
-2 Lock up garages and 5 open space individual car space
-Lockable storage underneath the building for each apartment
-Walking distance to famous New Farm Park- Ferry terminals providing direct and regular access to the CBD and Universities.
-Short walk to restaurants and cafs, parks and entertainment precinct; the famous Story Bridge and exciting Howard Smith Wharves
-Only moments to some of Brisbane’s best high schools

Rental Appraisal $110,000-$115,000 per year

Thanks to its proximity to the city and fantastic pedestrian lifestyle, riverside location and popular parks, New Farm is amongst the most prestigious and much loved suburb inner-city Brisbane;

Vendors instructions are clear; The property will be sold at auction on the 1st of August 2020