Work-Live-Play-Develop
Two properties in one!
With 2 properties on the block, and positioned on one of the Southside's main arterial roads, this could be your next landmark home office/business. In previous lives the property has been a GP's home/office/surgery and a state franchise office for home/garden services. Now is the time to take the opportunity to expose your business to over 50,000 vehicles a day* that travel this road.
Occupying a large 837sqm block zoned LMR (low to medium residential - 2 or 3 storey mix) with 21m frontage and easy access off Ipswich Road. Continue to earn rental income while you plan your renovation or develop the rear of the block (STCA) taking in the outstanding views to Mount Coo-tha.
Currently available as two separate properties consisting of the original character home which is currently tenanted and ready to be transformed back into all her former glory with stunning leadlight windows and features of the classic Queensland architecture (as evident by the 2008 images provided by the owners). The second dwelling, added to the rear of the existing house, is where you will find the two bed, one bath, open plan lounge/dining fully self-contained flat, with shared parking for several cars on the property.
If you're looking for a great opportunity with untold potential, this property should not be overlooked. Offered to the market for the first time in decades, this is a once in a lifetime opportunity to secure a highly desirable Annerley address.
For the developer, the large Low to Medium Density Zoned block only 5 kilometres to Brisbane City opens the possibilities for further development of the addition of townhouses or apartments (subject to BCC approval).
In the sought-after suburb of Annerley, this property is within walking distance to local schools, shopping centres, parks, public transport, local cafes, restaurants, PA hospital and more. With public transport at your fingertips you are in easy reach to Universities, the City and more.
Features at a glance:
â?¢ Huge 837sqm block zoned LMR
â?¢ Dual income from the 2 properties
â?¢ Elevated position with incredible views to Mount Coo-tha
â?¢ Outstanding exposure for your business
â?¢ Ample parking on site
â?¢ Multiple living/entertaining/study areas in the main house
â?¢ Within walking distance to Major hospitals, Schools, shops, Public Transport (both Bus and Train)
Opportunities such as this are few and far between. You will not want to miss out, call now for further information or to arrange an inspection.
Currently tenanted at $380 / week (3-bedroom house), the rear property was last rented at $280/week.
* BCC Key Corridors performance report Jan-June 2016
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