4/5 EDMONDSTONE ST, South Brisbane QLD 4101

The previous owner bought two units together and combined them into one large commercial space by adding walls to make office rooms. The layout of this large unit can be customised and new owners can remove the walls as they wish to make the unit more residential appealing with the possibility to change the current layout into 4 bedrooms. The current layout is 3 bedrooms with 2 living area (including foyer)

THIS IS A RARE OPPORTUNITY TO PURCHASE A 130 SQM RESIDENTIAL SPACE PLUS 2 EXTRA CAR PARKS IN PREMIUM SCHOOL CATCHMENT AREA AT WESTEND. YOU CAN EATHER CHANGE THE CURRENT LAYOUT INTO TWO MASSIVE 2 BEDROOM UNIT WTIH A SPACIOUS KITCHEN, 3 BEDROOM UNIT OR EVEN 4 BEDROOM UNIT. OR YOU CAN SIMPLY CHANGE THE LAYOUT INTO TWO SEPEARTE UNITS WITH DUAL INCOME POTENTIAL AS IT HAS DOUBLE DOORS.

Perfectly positioned on the bustling border of South Brisbane and West End, this apartment enjoys a clever and peaceful seclusion within the complex (West End Central Apartment). It's an ideal opportunity for businesses seeking a strategic location close to the heart of the action but away from the noise and hustle of a busy cafe strip.

Encompassing 130 square meters with TWO car parks, this residence boasts a generous 40-square-meter courtyard, providing a delightful outdoor space and presenting a versatile opportunity that can be used for both commercial and residential purposes. With such incredible potential, this unit can be customized to suit your needs with minimal cosmetic adjustments. Meanwhile, the property boasts a two-door apartment configuration featuring a boardroom, 1.5 bathrooms, and a kitchenette designed for office use. With a touch of creativity and a few modifications, it can effortlessly transform into a 3-bedroom residence with an additional office or study area.

There is also a possibility to add another bathroom/shower or customize the internal layout as some of the the walls in the apartment are not structural ( The actual change is subject to the approval of body corp)

Moreover, residents will have access to a range of amenities, including a pool, spa, sauna, and BBQ facilities, all conveniently located on-site.


Property Details:
Total Area: 130 square meters (including 40-square-meter courtyard)

Amenities:
• Outdoor pool
• Gym
• Onsite management
• Bbq area
• Sauna

Location:
•Coles West End just across the road
• West Village 400m
• Convention Centre 400m
• Queensland Museum 800m
• Brisbane State Library (Brisbane City) 850m
• Brisbane Airport 17m
• Gold Coast Surfers Paradise 55 mins

School Catchment Area:
•Brisbane State High School (Year 7 to Year 12)
•West End State School (Prep to Year 6)

Outgoings:
Rates: approx. $482.75 per quarter
Utility: approx. $205.84 per quarter
Body Corp: approx. $2528 per quarter

Rental income: approx. $2383 per month (on old contract) with much potential to drive more with new tenants.

Don't miss out on this fantastic chance to shape this property into your dream space. Act now!

Note:
** Please be kindly advised that this unit is currently tenanted and due to the privacy of the tenant, the photos use virtual images instead of the real furniture **
** The tenant is on periodical lease and 60 days notice can be given upon request by new owner **

Disclaimer:
This property is advertised for sale without a price and as such, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Please do not make any assumptions about the sale price of this property based on website price filtering.