32 Mabel Street

Atherton QLD 4883

540 m²

1012 m²

House

Currently for sale - view listing

Overview

Prime Commercial Opportunity with Dual Income Potential in a High Foot Traffic Area

Explore 32 Mabel Street, Atherton, a versatile residential & commercial property occupying a prominent and highly accessible position in the heart of Atherton's CBD. Set on a substantial 1,012m² site with approximately 20m frontage to Mabel Street, the property comprises two separate buildings, providing flexibility for owner-occupiers, investors, professional businesses and a range of commercial uses. The property features a character-filled high-set Queenslander together with a separate studio building. Two undercover parking spaces and three further concrete spaces and room for more at the rear of the property, creating a valuable advantage for businesses requiring staff, client and customer parking. Both buildings are air-conditioned and NBN connected, while recent painting and updated fittings provide a refreshed presentation and allow a purchaser or tenant to establish operations with minimal initial work. Key Property Features • Prominent central Atherton CBD location • 1,012m² site • Approximately 20m Mabel Street frontage • Centre zoning FRAME (MIXED USE) • Two separate buildings on one site • Character high-set Queenslander • Separate studio/office building • 5 on-site parking spaces including two-bay undercover carport • Additional storage beneath Queenslander • Air-conditioning to both buildings • NBN connectivity • Recently refreshed throughout • Outdoor accessible toilet facilities • Flexible owner-occupier or investment opportunity • Potential for separate occupation of the two buildings • Prominent signage opportunity • Currently vacant, providing immediate flexibility for a purchaser The Queenslander The character Queenslander provides an impressive and adaptable space with a combination of enclosed rooms and larger open areas. The layout includes multiple enclosed rooms, a foyer, a generous open-plan area, bathroom facilities and a full kitchen equipped with dishwasher, oven and pantry. High ceilings, timber features and the character of the original building provide a point of difference from a conventional commercial premises, while the practical floor plan allows the building to be adapted to a variety of professional or service-based uses, subject to planning and relevant approvals. Potential options may include residentia house, professional offices, consulting rooms, health-related services, beauty and personal services, creative businesses and other compatible commercial uses. A substantial storage area beneath the Queenslander provides additional space for equipment, stock, archives or general business storage. Flexible Live-Work Configuration One of the property's most distinctive features is the existing combination of a character Queenslander and separate commercial building on the same site. Subject to the relevant planning and building approvals, the configuration provides potential for an owner-occupier to combine accommodation and business operations within the one property, or for the buildings to be utilised for commercial purposes. The separation of the two buildings also creates flexibility to operate different businesses, departments or functions independently, or to lease the buildings separately. Purchasers should make their own enquiries with Tablelands Regional Council regarding permitted uses and any approvals required for their intended use. The Studio / Office Building The separate studio-style building provides an additional versatile commercial space with an open-plan layout, polished concrete flooring and air-conditioning. The building provides an ideal complementary space to the Queenslander and could suit a variety of applications, subject to planning requirements, including: • Professional or creative studio • Fitness or wellness studio • Showroom • Retail or display space • Office/workspace • Consulting or service-based business • Storage or ancillary commercial use Its independent configuration provides an opportunity for the building to operate separately from the Queenslander or as part of a larger business operation. Parking, Access & Convenience The availability of on-site parking provides practical benefits for businesses with staff, customers and clients and adds flexibility compared with many centrally located commercial properties while further off street parking spaces are located directly in front of the premises. Outdoor accessible toilet facilities provide additional practicality for businesses servicing members of the public. Commercial & Investment Potential With two separate buildings on a single CBD site, 32 Mabel Street offers purchasers the flexibility to structure the property around their own requirements. An owner-occupier can utilise one or both buildings for their business, while an investor may consider leasing the buildings individually or together, subject to market demand and the relevant tenancy arrangements. The current vacancy also provides a purchaser with the opportunity to determine the future tenancy structure rather than inheriting an existing lease. Indicative leasing opportunities are available for each building, providing flexibility for purchasers seeking an income-producing asset. Location The property is positioned in a highly visible and central section of Atherton, within the established CBD and close to the town's retail, professional, health and service businesses. Its Mabel Street frontage provides strong exposure and a prominent position for business identification and signage. The existing archway provides an excellent opportunity for prominent signage, with potential signage dimensions of approximately 4.6m wide x 780mm high, subject to relevant approvals. The central location provides convenient access to surrounding shops, services and amenities and places the property within an established commercial environment. A Rarely Available Combination 32 Mabel Street presents an unusual combination of: CBD location + substantial landholding + two separate buildings + extensive parking + character Queenslander + commercial workspace + flexible occupation options. Whether purchased for owner occupation, investment, separate tenancy arrangements or a future commercial project, the property provides a flexible platform in one of Atherton's established central business locations. Property Summary Address: 32 Mabel Street, Atherton QLD 4883 Building Size Queenslander: 375m2 Approximately Building Size Studio: 165m2 Approximately Land: 1,012m² Frontage: Approximately 20m Zoning: Centre Zone FRAME (MIXED USE) Buildings: Two separate buildings Queenslander: Character high-set building with multiple rooms, open-plan areas, kitchen and bathroom facilities Studio: Separate open-plan commercial/studio building Services: Air-conditioning and NBN connectivity Rates: Approximately $12,268 per annum* Occupancy: Currently vacant Leasing: Separate leasing options available, subject to negotiation *Purchasers should make their own enquiries and rely on their own investigations regarding land area, zoning, planning controls, building approvals, permitted uses, services, rates, dimensions and development potential. TRC strongly encourages you to engage with a private town planning consultancy for more in-depth and tailored professional advice to facilitate development. For more information or to arrange a site visit, contact Exclusive agent Nichole Dawson on 0407 034 918. Like us on Facebook for regular updates at facebook.com/ExplorePropertyAthertonTablelands Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.