Six 2 bedroom plus sleep-out strata titled art deco units that are spacious, solid, raw and original!
Buy the lot, then renovate and sell off individually, or invest within Brisbane’s most solid suburb and enjoy the future capital growth which is almost certain.
The entire building is in great shape for its age, built in 1936, and is located in a pocket that is both quiet and entertaining; the famous Little Larder Cafe is on your doorstep.
The property is Heritage listed and has been owned by the owner for the last 20 years. Each unit has a big bathroom with a separate lounge and living area. The kitchens are open plan and roomy with most units enjoying glimpses of the Brisbane River. Laundries are off the kitchen area.
Plans to add verandah’s off the units to enjoy the views were once considered and shouldn’t take too much to reinstate, of course with council approval.
Polished hardwood timber floors, steel pressed ceilings, picture rails and all original knobs, fittings, bells and whistles. Nestled on 706m2 this site is both secure and spectacular. The yard needs little maintenance as is mature.
The stair-case was renovated in 2008 with the entire property painted in the same year. The units were strata titled in 1993. A new carport at the rear of the property with secure parking has been added only recently and accommodates 3 cars.
Not every unit has a car space, however there are 4 car spaces to accommodate the 6 units. The property is zoned B R6.
All units are tenanted currently, gross income is $2510/week. Floor area of each unit is approximately 100sqm.
For Sustainability Report, please contact agent on details provided.
DISCLAIMER: Your details may be used for promotional purposes by our office to keep you advised as to market trends and conditions. Please advise the agent if you do not want this to occur, or click unsubscribe’ on any marketing emails.