Commanding an impressive 25-meter frontage on Paddington’s most iconic shopping and commercial strip, 187 – 189 Latrobe Terrace offers a truly unique and profitable opportunity with potential commercial and residential property usage in one of the most tightly held pockets of Brisbane.
Currently hosting dual tenancies with strong returns of approximately $100k per annum with each floor currently housing operating businesses, this fantastic flagship property will easily impress the most astute buyers or savvy investors.
With excellent exposure and consumer traffic, the upper-level of this property comes fitted-out with dedicated consultancy rooms, offices, private bathroom and kitchen facilities, while the lower level boasts a newly renovated reception area, additional offices, filing rooms, and a staff kitchen and bathroom.
Whether the desire is to hold as a profitable investment, further develop the site (STCA), or refurbish the property in order to transform it into one of the most notable Queenslander’s in this highly sought-after locale, the options are endless!
Additional highlights include, Queenslander features throughout upstairs, ducted air-conditioning on both upper and lower levels, and ample off-street car parking which can easily be modified into a sprawling amount of humble backyard space or accommodate additional building area.
Proudly positioned only 2km from the Brisbane CBD, and within walking distance to neighbouring boutique shops, cafes, bars, restaurants, Suncorp Stadium, this premium property offers it all!
To learn more about this property, or to secure your private inspection, ensure to contact George Hadgelias on 0403 062 062 or Max Hadgelias on 0411 276 372.
Additional Features Include:
* Leases in place
* Fully-fenced – Surrounded by established trees
* Close proximity to public transport facilities, premier schools, local parklands and North and South Coast freeways
*STCA (Subject to Council Approval)