Blue-chip position. An impressive annual return. An opportunity worth securing. Occupying a prized corner allotment in the heart of Paddington, this property pairs a stunning character facade with a compelling investment opportunity, generating approximately $115,000 in rental income annually.
Perfectly positioned between Rosalie Village and Paddington Central, the property combines a substantial rental income with the enduring appeal of a premium location. For buyers seeking immediate income and scope to add value over time, this is an offering that demands attention.
Current Configuration:
Unit 1 : 4 Bed 1 Bath - Current Rent $770 Per Week, Projected Rent $880 Per Week
Unit 2 : 2 Bed 1 Bath - Current Rent $540 Per Week, Projected Rent $650 Per Week
Unit 3 : 4 Bed 2 Bath - Current Rent $900 Per Week, Projected Rent $950 Per Week
Current Annual Return : Approximately $115,00 Per Year
Projected Annual Return : Approximately $129,000 Per Year
Key Features Include :
- Impressive rental income of approximately $115,000 annually
- Prized corner allotment
- Blue-chip location in the heart of Paddington
- Perfectly positioned between Rosalie Village and Paddington Central
- Character Facade with outstanding street appeal
- Soaring ceilings
- Established gardens and leafy surroundings
- Access to cafes, restaurants, shopping and everyday conveniences
- Convenient connections to public transport and Brisbane CBD
- Oversized 478m2 of flood free land
A striking character facade, a prized corner allotment and approximately $115,000 in annual rental income - this is a Paddington opportunity with substance behind its street appeal. Benefit from the established income stream today, with scope to enhance and add value over time.
Positioned between Rosalie Village and Paddington Central, the address is every bit as compelling as the investment. Cafes, dining, shopping and everyday essentials are all within easy reach, placing the best of Paddington's village lifestyle on your doorstep.
Character that captures attention. Substantial returns that speak for themselves. A blue-chip position worth securing.
Auction 26th November 6pm (If Not Sold Prior)
Ray White Paddington In Room Auction - 157 Given Terrace, Paddington
* 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.
* Some images include virtual styling and virtual furniture for strictly marketing purposes only.
