House for sale

19 Beeston Street,

Teneriffe, QLD

6 5 5
Offers Over $1,750,000

Inspection by appointment

Located in what is arguably Brisbane’s hottest suburb, surrounded by the best cafés, bars and eateries Brisbane has to offer, this unique property presents as a fantastic investment or refurbishment opportunity for savvy buyers.

The property sits atop a rare 612m2 land space the size of which is seldom seen in the inner-city. Originally a grand brick house but currently configured as five strata titled units returning $83,720 per annum. This is a solid investment for both immediate rental returns and future capital growth.

The timing is perfect to buy now to maximise your return through negative gearing. Alternatively, you can convert the property into your very own grand design home and enjoy this ideal location amongst other premium properties in Teneriffe.

Another interesting option is to convert upstairs to one large unit as a very special principal place of residence whilst maintaining the strong income from the three units downstairs.

The property itself features original floorboards, VJ walls and summer-friendly high ceilings spanning the entire top floor. Within the hugely spacious loft-size bedrooms; grand open windows grant immersive natural light and breeze. Five off-street car spaces make this property alluring to the propertys existing tenants.

Location-wise, it will be hard to find any better. Tenants and home-buyers alike will be sure to love the ability to walk to work in the city, while enjoying riverside living in beautiful Teneriffe. Seconds away sits a community garden and play area, perfect for afternoons with children and pets – while the ever-lovely Teneriffe park is just a stone’s throw away. New Farm park is a short drive. James Street is likewise walking distance, offering a plethora of fashionable drinking spots, eateries and boutique stores. New Farm State School is only seconds down the street, and Marthyr Village Shopping Centre with Coles and the legendery New Farm Deli serves your grocery needs.

Our instructions are extremely clear! This property will be sold by Tender closing 4 PM Monday 18 February 2019. To put an offer forward, contact me today! The opportunities here are plentiful.
Last updated: 02:33PM on Mar 18th 2019
Contact the agentCLOSE

Email sent successfully!

Your email has been sent to Place Bulimba.

Would you like to get the latest Rich Pickings?

Place Bulimba

145 Oxford Street
Bulimba QLD, 4171
More property from Place Bulimba
102 Kingsbury Street37 Wendell Street186 Ford Road5 Grenoble Place75 Real Avenue383 Beenleigh Road