38 Hoogley Street, West End QLD 4101 AUS
Excellent Investment Property Not to be Missed
Positioned beautifully, and escaping the hustle and bustle sometimes found in this suburb, is a rare opportunity to purchase a residential property (with commercial character overlay) which means the entire property can be used for commercial or residential.
With transport on your doorstep, this allotment measures approximately 13.5 m x 31.0 m and is 405m² in size and is close to parks, transport, schools and shops.
Property currently operates as a renovated 2 bed / 1 bathroom home, together with an attached commercial tenancy (approximately 65m²).
The Commercial space is currently leased as Barber Shop on a 3 x 3 year lease from April 2023 (includes air-cond. / toilets / storeroom / kitchenette).
There are also 3 x secure carparks and 3 open tandem car spaces.
Commercial space can be extended as commercial character applied to whole property.
Total current rental income $57,200 pa excluding GST.
Nearby landmarks / place of public interest / travel options:
– 100 metres to West End ferry,
– Inside the catchment for Brisbane State High School,
– 1.5 km / 20 min walk to Boundary Street cafe/restaurant/ shopping precinct,
– 2.5 km / 35 min walk to Southbank Parklands, Brisbane Convention Centre, QPAC, Qld Museum,
– 3 km / 40 min walk to Brisbane CBD, Mater Hospital, Qld Art Gallery,
– 3.5 km / 45 min walk to Queensland University of Technology (QUT), City Botanic Gardens,
– 150 m walk to Orleigh Park,
– Catch a single bus to the CBD in approx. 25 mins (door to door),
– Catch the ferry to CBD (or Toowong Village) in approx 30 mins (door to door),
– Nearby private schools include Somerville House, St Laurences College.
Property Features
- House
- 2 bed
- 1 bath
- 3 Parking Spaces
- Land is 405 m²
- Floor Area is 129 m²
- 3 Toilet
- 3 Garage
- 3 Open Parking Spaces
Disclaimer
S Drakos Real Estate accepts no responsibility for the use of or reliance upon the information contained within.
The information contained herein should not be solely relied upon for investment decisions, including for the purposes of purchasing of the subject land. S Drakos Real Estate strongly recommends further detailed investigations are conducted prior to making such a decision. Further detailed investigations which might be advisable could necessitate engagement of a land surveyor, civil engineer, architect, quantity surveyor, valuer, and / or others. Further detailed investigations might also call for a meeting with local Council and / or State Agencies.