Council Rates: $794.00 per quarter year approximately
Current Rental Return: $1010.00 per week
School Catchments: Mayfield State Primary School & Whites Hill State College
Set in a quiet cul-de-sac within the highly sought-after Carina North precinct, 75 Eleanor Street presents an outstanding opportunity for investors, builders or owner-occupiers seeking a quality block in a premium location. Positioned on a generous 658m² allotment with an approx. 18.3m wide frontage and an ideal north-facing aspect, this property offers exceptional scope to renovate, rebuild or hold as a high-performing investment.
Offered to the market for the first time in over 26 years, opportunities like this are increasingly rare.
Key Highlights
• Generous 658m² Block
• Flat, clear land with no underground encumbrances and no overland flow or flooding - providing peace of mind for future development or renovation.
• Built-in Under and Legal Height offering the luxury of not having to raise and all of the additional costs involved. All ready to add internal stairs and renovate taking of the current foot print.
• Genuine Dual-Living Investment Opportunity - Currently configured as two fully self-contained residences, generating a combined rental return of $1,010 per week, with quality tenants in place.
Upper Level: Fully self-contained 3-bedroom, 1-bathroom home in excellent condition, complete with a cosy covered rear deck. Includes a Tri-Steel double garage shed and private driveway. Current rental return: $560 per week.
Lower Level Residence: Spacious 1-bedroom self-contained studio featuring a huge open-plan living area with modern lourved windows, full-size kitchen, great sized bedroom and bathroom plus private driveway with off-street parking. Current rental return: $450 per week.
• Flexible Future Options; Renovate the existing post-war home, maintain the dual-income configuration, or rebuild to create a stunning family home or high-yielding investment.
• Blue-Chip Carina North Location; Walking distance to Mayfield State School, Carina North Shopping Village, and public transport, with easy access to major arterial roads and Brisbane CBD. ·
• Walking distance to local private schools
• Tri Steel Double Garage with Power & Lighting
• Dual Side Access
• Cul-de-sac Street
With strong demand for new builds and renovated homes in the area, this property offers excellent potential for future capital growth.
Whether you're looking to strengthen your investment portfolio or secure a premium site to build your dream home, 75 Eleanor Street is an opportunity not to be missed.
Disclaimer: Any information provided has not been verified. We recommend that you confirm the accuracy of details before entering into a Contract. Tobin Real Estate and its employees cannot be held responsible for any inaccurate details supplied here.
