INSPECT BY PRIVATE APPOINTMENT CONTACT ANDREW DEGN ON 0417 068 878.
A Scarce $6.5M Opportunity
Individually, 199 and 201 Latrobe Terrace are exceptional character holdings. Together, they represent something far more significant - a 588m2 trophy holding commanding a prominent position atop Paddington's prestigious Latrobe Terrace ridgeline.
Comprising two adjoining, beautifully renovated character properties with approximately $205,000 in gross annual income, the offering combines established income, exceptional commercial exposure, residential and commercial flexibility, onsite parking and potential for further development or additional accommodation to the rear (STCA).
For one purchaser, the opportunity is compelling: control of an entire adjoining holding in one of Brisbane's most established and tightly held inner-city precincts, underpinned by income today and considerable optionality for the future.
199 Latrobe Terrace is currently tenanted and operating as a boutique retail showroom, providing immediate income across a flexible two-level footprint. The upper level enjoys excellent exposure to Latrobe Terrace, while the lower level provides further commercial or residential flexibility. Generous proportions, character interiors and multiple indoor and outdoor spaces add to its versatility.
201 Latrobe Terrace is a distinguished mixed-use commercial and residential asset, extensively transformed approximately 27 years ago with an emphasis on craftsmanship, quality and enduring character. Its commercial and residential components can operate independently or together, creating a highly adaptable asset with established income potential.
Together, the properties provide multiple income streams while offering something increasingly difficult to acquire in inner Brisbane - scale, control and scarcity in a landmark ridgeline position.
Surrounded by Paddington's renowned cafes, restaurants, boutiques and specialty retailers, the holding sits at the heart of one of Brisbane's most recognisable character-commercial precincts, just moments from the CBD.
This is not simply the acquisition of two properties. It is the opportunity to secure an irreplaceable piece of Latrobe Terrace - a substantial income-producing holding of character, presence and long-term potential that may be exceptionally difficult to assemble again.
For further information or to arrange a private inspection contact Andrew Degn.
