Occupying an exclusive position in the heart of Coorparoo, this 1,128sqm parcel of prime real estate offers endless opportunities in a tightly held and highly sought-after setting.
Held by the same family for decades, the two-pack unit complex boasts an ideal location, offering the convenience of major roads, cafes, schools and Majestic Park nearby while maintaining peaceful surroundings and no busy traffic.
A solid brick-built complex in original condition, the property presents an incredible opportunity for developers or investors to renovate the existing units, add additional apartments at the rear, or clear the site and subdivide or rebuild (STCA).
Positioned on a grassy block, the complex features 2x two-bed, one-bath, two-car units with balconies, storage and city glimpses through the trees.
With so many options available, you can rent out the properties and collect holding income whilst awaiting the approvals/planning process.
Property features:
- Two-pack unit complex on 1,128sqm of prime real estate
- Opportunity to renovate, extend, subdivide or rebuild (STCA)
- Each unit features 2 bedrooms, 1 bathroom and 2 car spaces
- Open living/dining areas, functional kitchens and balconies
- Undercover parking, storage and laundries downstairs
- Sturdy brick construction and concrete slab
- Grassed block featuring a BBQ area at the rear
- Rental appraisal $450/week and potential for $500/week following a refurb
Residing on a prized parcel in a dress-circle enclave of Coorparoo, this property boasts a premier position. Majestic Park and the cafes and restaurants along Cavendish Road are just a moment's walk away, and the sensational shopping and dining of Coorparoo Square, Martha Street, Camp Hill Marketplace and Westfield Carindale are close at hand.
Offering unbeatable lifestyle convenience in a picture-perfect setting, city bus stops are only 200m from the complex, the CBD is 14 minutes away, and children are 700m from Loreto College, 3km from Villanova, 1.7km from Our Lady of Mt Carmel Primary School, and within the Holland Park Primary and Cavendish Road State High School catchments.
Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, Torres Property will not be held liable for any errors in typing or information. All interested parties should rely upon their own enquiries in order to determine whether or not this information is in fact accurate.
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