High-Exposure Investment in Premier Paddington Location

Option 1 - Entire Site (Land Area: 1,065m2)
Option 2 - Retail + Multiple Cars (Land Area: 752m2*)
Option 3 - Vacant Land (Land Area: 331m2*)

Exclusively presented by Ray White Paddington, this rare site presents multiple options, redevelop, land bank, or explore further options.

Presenting dual street frontage with 5 established tenancies, this property presents as good an opportunity as "money in the bank".

Offered as a parcel or consider as individual sites, with a strong holding incoming, quality improvements and further scope to add value. The property has great exposure to both inbound and outbound traffic, surrounded by iconic Paddington landmarks.

The tenancy mix includes:
Tenancy 1 - Blackout Coffee & Sunnyside Sandwiches
Tenancy 2 - Healing House
Tenancy 3 - SW Beauty
Tenancy 4 - Hummingbird
Tenancy 5 - Anya Hair

With varying leases, owner occupiers can take the long term view of securing one of the tenancies to house their business while reaping the benefits of additional income or explore further development to house both residentially or as a business house (STCA)

The property (AS IS):
Street frontage - 58m
Total Land Area - 1065m2
Carparks - Up to 15
Future Yield

Expressions of Interest close on the 18th November, if not sold prior.

For further information and to arrange a private viewing of the site, contact Max Hadgelias on 0411 276 372 today.

*All references to uses and further development should be independently researched with relevant bodies, subject to council approval (STCA).

Inspections

Explore the area

School catchments

Ithaca Creek State School Primary Prep-6 Government 0.80km
Milton State School Primary Prep-6 Government 1.1km
Rainworth State School Primary Prep-6 Government 1.3km
St Finbarr's School Primary Prep-6 Catholic 1.4km
St Joseph's School Primary Prep-6 Catholic 1.4km
Petrie Terrace State School Primary Prep-6 Government 1.5km
Mt St Michael's College Combined 5-12 Catholic 1.6km
Hubbard's School Secondary Independent 1.9km
Hubbard's School Secondary 11-12 Independent 1.9km
Compass Independent School Combined Prep-7 Independent 1.9km
Kelvin Grove State College Combined Prep-12 Government 2.0km
Queensland Academy for Creative Industries Secondary 10-12 Government 2.1km
Ashgrove State School Primary Prep-6 Government 2.1km
Bardon State School Primary Prep-6 Government 2.2km
Mater Dei Catholic Primary School Primary Prep-6 Catholic 2.3km
St Ambrose's Primary School Primary Prep-6 Catholic 2.3km
Brisbane Grammar School Combined 5-12 Independent 2.3km
Stuartholme School Combined 5-12 Catholic 2.4km
Brisbane Girls Grammar School Secondary 7-12 Independent 2.5km
Arethusa College - West End Campus Secondary Independent 2.5km
Marist College Ashgrove Combined 5-12 Catholic 2.6km
IES College Secondary 12 Independent 2.8km
The Industry School - Brisbane Secondary 10-12 Independent 2.9km
Omni Academies of Learning Secondary 7-9 Independent 2.9km
St Joseph's College Combined 5-12 Catholic 3.1km

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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