Positioned beautifully, and escaping the hustle and bustle sometimes found in this suburb, is a rare opportunity to purchase a residential property (with commercial character overlay) which means the entire property can be used for commercial or residential.
With transport on your doorstep, this allotment measures approximately 13.5 m x 31.0 m and is 405m² in size and is close to parks, transport, schools and shops.
Property currently operates as a renovated 2 bed / 1 bathroom home, together with an attached commercial tenancy (approximately 65m²).
The Commercial space is currently leased as Barber Shop on a 3 x 3 year lease from April 2023 (includes air-cond. / toilets / storeroom / kitchenette).
There are also 3 x secure carparks and 3 open tandem car spaces.
Commercial space can be extended as commercial character applied to whole property.
Total current rental income $57,200 pa excluding GST.
Nearby landmarks / place of public interest / travel options:
- 100 metres to West End ferry,
- Inside the catchment for Brisbane State High School,
- 1.5 km / 20 min walk to Boundary Street cafe/restaurant/ shopping precinct,
- 2.5 km / 35 min walk to Southbank Parklands, Brisbane Convention Centre, QPAC, Qld Museum,
- 3 km / 40 min walk to Brisbane CBD, Mater Hospital, Qld Art Gallery,
- 3.5 km / 45 min walk to Queensland University of Technology (QUT), City Botanic Gardens,
- 150 m walk to Orleigh Park,
- Catch a single bus to the CBD in approx. 25 mins (door to door),
- Catch the ferry to CBD (or Toowong Village) in approx 30 mins (door to door),
- Nearby private schools include Somerville House, St Laurences College.
