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16A Central Avenue,
Paddington 4064, Queensland

6 bedrooms
4 bathrooms
3 car spaces
365m² land size
House

$1,088,000


Cash Cow in the Heart of Paddington, Unique Tri Level Home!

INSPECT BY APPOINTMENT, CONTACT AGENT
Located in a quiet, leafy pocket of Paddington is this unique, tri level home that offers several choices for either the Owner Occupier or the Investor. Currently utilised as three separate and rentable Units, each Unit with 2 bedrooms, individual kitchens, bathrooms and living areas.

• Unit 1 is ground floor with 2 bedrooms (one with air conditioning), 1 clean and tidy bathroom, modern kitchen and living area
• Unit 2 is on the first floor with 2 bedrooms (one with air conditioning), 1 clean and tidy bathroom, modern in line kitchen and living area
• Unit 3 at the rear is two level, upstairs with a spacious main bedroom and ensuite, downstairs you'll find an additional bedroom, new bathroom, modern kitchen and living area. Great covered and private entertaining area too!

Check out the Floor Plan to see the layout of each Unit!

There is also the opportunity to turn the home into a spacious residence (combining Unit 2 and Unit 3) by simply removing a door and perhaps keep the ground floor Unit as an income producer!

This unique residence offers options galore you decide!

Investors Take Note: The property could return over $65,000 gross/annum to permanent tenants or even more via Airbnb!

No matter if you're an Owner Occupier or Investor you and or your tenants will find it an easy stroll to Paddington Restaurant and Cafe Precinct, Suncorp Stadium, Hotels, local shops and schools

Explore the area


School catchments

  • Milton State School Primary Prep-6 Government 0.59km
  • Petrie Terrace State School Primary Prep-6 Government 1.1km
  • Ithaca Creek State School Primary Prep-6 Government 1.4km
  • Rainworth State School Primary Prep-6 Government 1.5km
  • Compass Independent School Combined Prep-7 Independent 1.6km

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.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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