This is a historic property situated between the prestigious neighbourhoods of Ascot and Hendra. Comprising a character shop and house on a corner site of 879sqm, this opportunity presents investors with a multitude of options to hold or redevelop and refresh this landmark property.
This is a prominent location in the local area and a key strategic position on a major local thoroughfare, making this a highly visible and significant location for a variety of potential businesses. Just metres away from the Hendra train station and only a little further to established shops on Zillman Road, this is a bustling neighbourhood, ripe for exciting projects.
The home itself is a classic Queenslander with amazing potential. Currently a generous five bedrooms plus sleep out, the property retains its original timber floors, VJ walls and high ceilings. To the right of the house is the commercial character building, replete with the charm and grace of the era. Currently tenanted by an established allied health clinic, this is a versatile and attractive situation for businesses seeking the exposure and convenience of the area.
As it is, this holding may be attractive to investors seeking the diverse income stream provided by the two buildings. Business operators seeking a character office, with the potential to utilise the house as additional space for operations or storage. The house could also retain its use as a residential dwelling providing an additional stream of income.
The expansive block size lends itself to a variety of future projects (subject to council approval), including moving the house to provide valuable on-site parking for commercial endeavours, or expansive outdoor spaces for a residential dwelling. The character shop along with the house could be transformed into a multi-business hub to really become an attractive asset to the local area.
This is a 879sqm holding, split over three lots and with the potential to subdivide (subject to council approval). This is a corner site in a picturesque location with amazing exposure and signage potential.
Character Queenslander House
* 125sqm upstairs (approx) + underneath
* Five bedrooms, plus sleep out/study
* Two bathrooms
* Original timber flooring and other character features
* Piped gas available
* Great off-street parking
* 95sqm (approx)
* Currently utilised by established allied health business
* Prominent position with visibility and access
This is an unrivalled opportunity to secure a unique property in this prestigious area.