Sold

24 Latrobe Terrace,
Paddington 4064, Queensland

4 bedrooms
4 bathrooms
5 car spaces
810m² land size
355m² building size
House

$3,100,000


Property details

High Street Location - Great Opportunity - MUST BE SOLD!

OWNER SAYS SELL. WILL BE SOLD. HESITATE AND MISS OUT!

Presenting a double allotment of 810m2 of land with a 20-metre frontage on Latrobe Terrace, this property is currently divided into 5 income producing tenancies.

The property offers a perfect blend of residential and commercial tenancies and can be altered and modified to suit tenants requirements.

The tenancy mix and flexibility layout ensures the property will always be in high demand. Currently divided as 5 tenancies:
• Tenancy 1 - Cafe/Coffee Shop (monthly lease)
• Tenancy 2 - Retail/Commercial - vacant
• Tenancy 3 - Retail/Commercial - vacant
• Tenancy 4 - Residential - 1+ Bedroom - vacant
• Tenancy 5 - Residential - 3 Bedroom, 2 Bathroom + Exclusive use of the pool - vacant

The residential area downstairs "Tenancy 5" hosts three (3) bedrooms a comfortable sitting room and overlooks a fantastic inground pool in a lush setting. The interior finishes provide a special inner-city abode - which integrates beautifully within the local precinct.

Weighing up the purchase, buyers will consider the following:

The property
- Latrobe Terrace frontage 20m - signature position
- Land area 810m2
- Carparks 5
- Two-levels of tenancy in a character building
- Future Yield

The flexibility the property affords an owner occupier or investor is worthy of consideration. Buyers should do their due diligence and act quickly to secure this highly visible well-appointed investment property.

For further information or to request an inspection please contact Max Hadgelias 0411 276 372.

Explore the area


School catchments

  • Petrie Terrace State School Primary Prep-6 Government 0.82km
  • Milton State School Primary Prep-6 Government 0.85km
  • Compass Independent School Combined Prep-7 Independent 1.3km
  • Ithaca Creek State School Primary Prep-6 Government 1.4km
  • Kelvin Grove State College Combined Prep-12 Government 1.5km

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.


Back to top