This thoughtfully converted Queenslander boasts 8 self-contained flats, generating strong rental returns for its investor owners. With multiple development options subject to council approval (STCA), this property offers significant future upside. Situated in a prime location close to Newmarket Village, residents enjoy convenient access to shopping, dining, entertainment, parks, and public transport. schools and QUT Kelvin Grove are also within easy reach. - Traditional character dwelling boasts high ceilings, timber floors, large windows and ornate features. - Generous 1,075sqm, near flat corner block. - Carport for 3 cars with lots of off-street parking. - Potential to renovate flats for improved yield. - Potential to restore as large single residence. - Potential to raise main dwelling and build under (STCA). - Potential to remove some existing structures and split block (STCA). - Not included in BCC Flood Planning Areas. - Newmarket State School and Kelvin Grove State College catchments. - Only 4.5km from Brisbane CBD.
Richiesta email a McGrath Estate Agents - Paddington
Immobiliare ID: 146560548