134 Mein Street

Hendra QLD 4011

683 m²

Block of units

Currently for sale - view listing

Overview

Prime Development Opportunity with Strong Holding Income and Uplift Potential

Positioned in one of Brisbane's most tightly held blue-chip suburbs, Hendra presents an exceptional opportunity to secure a high-performing asset with outstanding future potential. This solid brick walk-up complex comprises seven units, delivering immediate holding income with tenancies secured through to August 2026. The property offers a stable and reliable cash flow, ideal for investors seeking income while planning their next move. Importantly, the units present clear value-add potential, with scope for upgrades and modernisation that would undeniably enhance rental returns and overall asset value. This provides a compelling opportunity to improve yield in the short term while exploring longer-term redevelopment options. Set on a generous parcel in a premium location, the site is ripe for redevelopment (STCA), making it an ideal acquisition for developers, land-bankers, or strategic investors looking to capitalise on Hendra's continued growth and strong demand. Key Features: - Solid brick complex of 7 units - Strong holding income with leases in place until August 2026 - Value-add opportunity through unit upgrades - Significant redevelopment potential (STCA) - Blue-chip location close to transport, elite schools, cafes, and the CBD Opportunities like this are increasingly rare - secure income today, add value tomorrow, and unlock future development potential. We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.