- About this property
- Explore Hawthorne
Incredible Opportunity - Residential and Office Use. Cash Cow Building with Multiple Options!Property ID 1677161On offer is an opportunity to secure this one of a kind freehold building located in the hub of Hawthorne Road. Zoned as Neighbourhood centre featuring 3 commercial individual offices, a three bedroom residential unit and a fully approved and extremely well finished granny flat. This property is perfectly positioned in a gentrified high profile location right opposite the famous Hawthorne Garage and next to the new luxury cinema.
This opportunity is ideal for business owners, investors, SMSF and home owners with the potential to live in and work from home.
- 433m2 block & Zoned as Neighbourhood Centre provides you with multiple options
- Located only 7km from Brisbane's CBD
- Very high profile location - directly opposite the popular Hawthorne Garage
- Blue chip inner city location with high capital growth and rental prospects
- Currently one office is leased
- Historic annual rental return of approx. $90,000 gross per year
GROUND LEVEL FEATURES:
- Open car space suitable for 2-3 vehicles
- 2 x 20m2 & 1 x 36m2 commercially used offices, bathroom, meeting room and kitchenette.
FIRST LEVEL FEATURES:
- 1 x renovated 3 Bedroom apartment.
- Highly renovated with Kitchenette and bathroom
- Front deck
- Currently being rented as Air BnB accommodation.
Finding quality established buildings in this A-grade location at this price point with this yield is an absolute rarity. With a motivated owner wanting a timely result, this is an incomparable opportunity to secure an affordable inner-city investment. Don't be mistaken, this property will be sold and your urgent attention should be given.