Held by the same family for over 35 years, 16 Franklin Street is the ideal blank canvas with opportunities abound. Keep as flats and make some improvements, or further develop and build your dream home.
All 3 flats present well and are tenanted, returning over $70,000 pa. The interiors feature polished hardwood floors throughout, with potential CBD views off the back if further developed.
- Investment opportunity in blue-chip location
- 3 x 2 bedroom flats returning over $70,000 pa
- Ideal blank canvas with opportunities abound
- Potential CBD views off the back if further developed
- 405m2 of land
- Walk to West End's Boundary Street in minutes
- West End State School catchment
- Brisbane State High catchment
- Brisbane CBD is less than 2kms away
This superb lifestyle location is just moments to West End's Boundary Street and West Village with its Woolworths and Harris Farm Markets. A short walk to The South Bank Parklands and South Brisbane's performing arts precinct. Surrounded by Brisbane's premiere primary and secondary schools - West End State School, Brisbane State High, St Laurence's and Somerville House. The Brisbane CBD is only 2kms away for those seeking the ultimate inner city lifestyle.
Opportunities to purchase two side by side properties in this location are rarely offered to the market, inspection is a must!
Auction on site Friday the 22nd of May at 5:00pm, if not sold prior.
Disclaimer: This property is being sold by public auction and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.