Auction this Saturday! Eagle Farm Trackside Opportunity: Block of 7 Flats on Two Prime Lots with Development Potential

134 Mein Street, Hendra, presents a unique opportunity for astute investors. This block of 7 flats, situated on a 683 sqm block of land (two lots), delivers strong rental returns and holds significant potential for future development. The property directly backs onto the iconic Eagle Farm Racetrack, offering sweeping views of this historic landmark. Located just 7 km from the Brisbane CBD, this property is ideally positioned in a blue-chip location.

Key Property Features:

• Location: 134 Mein Street, Hendra
• Land Size: 683 sqm (Two Lots)
• Lot 155: 331 sqm, approximately 10m frontage
• Lot 156: 352 sqm, approximately 10m frontage
• Zoning: CR1 Character Residential

Flats Configuration:

• 6 x 1 Bedroom, 1 Bathroom
• 1 x 2 Bedroom, 1 Bathroom
• Each flat has its own off-street parking space
• Flat 7 is currently unrented and requires a bathroom renovation (previously rented at approximately $300 per week)

Financial Performance:

• Gross Annual Income: Approximately $100,000
• No body corporate fees, non-strata complex

Development Potential:

• Blue-chip location surrounded by multi-million dollar homes
• Directly backs onto Eagle Farm Racetrack, providing iconic views
• North-facing aspect

Auction Details:

• Date: 3rd August
• Time: 2:00 PM
• Venue: On-site (if not sold prior)

Don't miss out on this rare investment and development opportunity in a prime Hendra location. For further information or to arrange a viewing, please contact us today. Secure your future with this outstanding property!

Explore the area

School catchments

Our Lady Help of Christians School Primary Prep-6 Catholic 0.47km
St Rita's College Combined 5-12 Catholic 0.88km
Hendra State School Primary Prep-6 Government 0.90km
St Agatha's Primary School Primary Prep-6 Catholic 1.1km
Aviation High Secondary 7-12 Government 1.2km
Hamilton State School Primary Prep-6 Government 1.2km
Ascot State School Primary Prep-6 Government 1.3km
Clayfield College Combined Prep-12 Independent 1.4km
St Margaret's Anglican Girls School Combined Prep-12 Independent 1.6km
Eagle Junction State School Primary Prep-6 Government 1.7km
Mary MacKillop College Secondary 7-12 Catholic 2.4km
St Joseph's School Primary Prep-6 Catholic 2.5km
Holy Cross School Primary Prep-6 Catholic 2.5km
Nundah State School Primary Prep-6 Government 2.6km
Kedron State High School Secondary 7-12 Government 2.7km
Wooloowin State School Primary Prep-6 Government 2.9km
Northgate State School Primary Prep-6 Government 3.0km
Bulimba State School Primary Prep-6 Government 3.1km
Balmoral State High School Secondary 7-12 Government 3.6km
Wavell State High School Secondary 7-12 Government 4.0km
Fortitude Valley State Secondary College Secondary 7-12 Government 4.2km
Mount Alvernia College Secondary 7-12 Catholic 4.3km
Padua College Combined 5-12 Catholic 4.4km
Cannon Hill Anglican College Combined Prep-12 Independent 4.5km
Music Industry College Secondary 11-12 Independent 4.7km
Angelorum College Combined Prep-10 Independent 4.7km
Humanitas High School Secondary 7-11 Independent 4.8km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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