Positioned on a substantial 749m² allotment just 4km from the Brisbane CBD, this rare multi-income property comprises four self-contained residences on a single title.
Generating a combined rental income of approximately $2,600 per week or $135,200 per annum, the property offers an attractive gross return alongside Bardon's proven long-term capital growth and future redevelopment potential.
PROPERTY CONFIGURATION
Residence 37A: 4 bedrooms, 1 bathroom – $750 per week
Residence 37B: 2 bedrooms, 2 bathrooms – $650 per week
Residence 37C: 2 bedrooms, 2 bathrooms – $600 per week
Residence 37D: 2 bedrooms, 2 bathrooms – $600 per week
Four self-contained kitchens and living areas
Four on-site car spaces
Approximately 440m² of building area
Generous 749m² landholding
Four diversified rental-income streams (individually metered services)
Held on one freehold title
Whether you are an investor seeking immediate income, a developer considering future possibilities or a buyer looking to accommodate an extended family, this unique property provides considerable flexibility.
Retain the existing configuration as a high-yield investment, occupy one residence while receiving income from the remaining three, or land-bank the property while exploring its longer-term potential, subject to Brisbane City Council approval.
FAST FACTS
Combined rent: Approximately $2,600 per week
Combined annual income: Approximately $135,200
Council rates: Approximately $994 per quarter
Water service: Approximately $66 per quarter
Sewerage: Approximately $188 per quarter
Land size: 749m²
Building area: Approximately 440m²
Configuration: 10 bedrooms, 7 bathrooms and 4 car spaces
CONNECTIVITY
Enjoying a highly convenient inner-western position, the property is close to Paddington and Rosalie's cafés, restaurants and boutique shopping, with public transport available along MacGregor and Latrobe Terraces.
The location also provides convenient access to QUT Kelvin Grove, Ithaca Creek State School, Kelvin Grove State College, Stuartholme School, Marist College Ashgrove, Brisbane Grammar School and Brisbane Girls Grammar School.
Combining immediate income, a substantial inner-city landholding and long-term flexibility, 37 MacGregor Terrace presents a genuinely rare Bardon investment opportunity.
For Sale: Present all Offers
Inspections: By Appointment
Ranal Charan | 0401 521 040
Ethan Jamieson | 0488 255 848
