Paddington Corner, 2 Latrobe Terrace, Paddington, Qld 4064

Patona Property, on behalf of the Union Co-op of Paddington, is pleased to exclusively present for sale 2 Latrobe Terrace, Paddington. This landmark property offers a rare opportunity to acquire a substantial corner landholding in the highly sought-after inner-city suburb of Paddington. 
 
Overview
 
•	An exceptional, unparalleled opportunity to occupy, invest or develop presented for the first time in nearly 60 years ~
•	One of Paddington’s largest land holdings spanning across 1,822sqm
•	Medium house price of $1.93million for the suburb of Paddington with a 58% growth in four years
•	90m~ prime grade frontage within sight of 15,000 cars passing daily
•	Significant advantage provided from two street position via Given and Latrobe Terrace
•	Proximity to a vibrant mix of retail, dining and entertainment amenities including the iconic Paddington retail strip, Suncorp Stadium and Rosalie Village precinct
•	Well serviced by public transport including frequent bus services.
 
Value Add / Owner Occupation / Redevelopment Opportunity
 
•	1,100sqm~ of retail/medical/office improvements with access to 23x car parks.
•	Originally built as a Brisbane Cash and Carry and then operated as a retail store by the Union Co-op, this historic property currently comprises nine retail / commercial spaces, offering the incoming buyer the flexibility to either retain them as separate units or seamlessly amalgamate them into a larger, unified space.
•	Holding income with existing long term covenants including Biome, Dogstar & Disko Design and Yavanna with temporary leases. 
•	Current DA approval in combination with the Union Co-op’s 301 Given Terrace property in place for immediate redevelopment with potential for expansive views over the CBD & Mount Coot-tha. 
                                                                                                                              
For Sale via Expressions of Interest closing at 4pm (AEST), Thursday 27th March, If not sold prior.