20 French Street presents an exceptional and tightly held opportunity in one of Brisbane's most in-demand blue-chip suburbs.
Set on a generous 708m² allotment, this brick, post-war block of five flats-comprising a mix of one- and two-bedroom residences-delivers outstanding income now with scope for future potential.
Currently returning approximately $100,000 gross per annum, the property is ideal for the savvy investor, land banker or future home builder looking to secure a foothold in a high-growth inner-city precinct.
The character of the original brick, post-war design remains, offering charm and enduring appeal to tenants while giving new owners the flexibility to modernise, redevelop (STCA), or simply enjoy strong yields in a prime location.
Key Features:
• 5 individually let flats: mix of 1 and 2-bedroom units.
• Gross income approx. $100,000 per annum
• Expansive 708m² block with wide frontage
• Elevated and quiet Paddington Street
• Post-war structure: opportunity to remove and build your dream home (STCA)
• Just moments from Given Terrace café, retail, and dining precincts
• In the catchment for Ithaca Creek State School and Kelvin Grove State College
• Less than 3km to Brisbane CBD
• Excellent access to public transport and major arterials
• Positioned to benefit from future Olympic infrastructure and ongoing inner-city rejuvenation.
Whether you're looking for a secure income stream with long-term upside, a strategic development opportunity, or a place to plan your dream residence, 20 French Street offers versatility, character, and immediate value.
Invest now, plan for tomorrow - opportunities like this are increasingly rare.
Auction: 11th September @ 6pm
Location: Ray White Paddington In-room Auctions
* Where properties are being sold without a price, in accordance with government
regulations a price guide cannot be provided. Please also note that the website being
viewed may have filtered the property into a price bracket for functionality purposes.
* Land dimensions are sourced from Pricefinder & B.C.C and should be used as a guide only
