“Invest Now, Knock Down Later & Build!”
Hello, I am Michael Mangelakis and welcome to 32 Browne Street, New Farm.
This property is situated in a superb location, just minutes from the CBD, around the corner from New Farm Cinemas, New Farm Village and the Holy Spirit Catholic Church and Catholic School.
Also situated just up the road from Coles New Farm, New Farm Deli, New Farm Park, the City Cat and the Power House Markets.This 6 bedroom, 2 bathroom, Semi Mod home was built in 1985 and has no character significance, leaving you the option to bulldoze and build something new on the 578m2, LMR-3 Zoned block of land. Currently the house is set over 2 floors, 4 bedrooms upstairs and 2 bedrooms downstairs which also means, live upstairs and get rent from downstairs or rent seperately. Whatever the option there is loads of potential for better rental returns after some cosmetic improvements or for the extended family there is enough room for all.
This one may be a little bit of an Ugly Duckling but it is sitting on New Farm gold.
*6 beds, 2 baths, 2 kitchens
*578m2 of LMR-3 zoned land
*Live upstairs, Rent downstairs
*Currently rented - $760 p/week
*Situated in a Suberb Location
*Close to absolutely everything
Seller is committed to another venture and will consider all reasonable, genuine interest.
All inspections, Strictly by Appointment Only.