House for sale
38 Arthur Terrace,
Red Hill, QLD
8 6 4
Inner-City Holding - Development Opportunity or Landbank!Set on 1,545 m2 of blue-chip inner-city land, 38 Arthur Terrace will be of great interest to developers, ambitious renovators, or investors. Currently a block of six flats, this property is waiting for a new owner to restore this property or create something truly special - the options are limited only by your creativity.
The property is being SOLD by Expressions of Interest due to close on the 15th of May at 5:00pm. Register all interest with Max Hadgelias or George Hadgelias.
* The property is divided into 4 x one-bedroom apartments and 2 x two-bedroom apartments with long-term tenants;
Subject to Council Approval: Developers may wish to build townhouses or subdivide the property and design contemporary homes for families seeking the inner-city lifestyle on offer at this address. Ambitious renovators may consider returning the block of flats to its former configuration as an expansive family home. Architects and renovators could collaborate to create an unrivalled contemporary home which takes full advantage of the views available.
Situated at the Paddington end of Arthur Terrace, Brisbane CBD is less than 4km away with iconic cafes, restaurants, and supermarkets of Latrobe Terrace just a short stroll away. An enviable lifestyle will be available with the entertainment options at Rosalie, Paddington, Suncorp Stadium, and Caxton Street close at hand.
Within the Ithaca Creek State School and Kelvin Grove State College catchment areas, future residents will appreciate the proximity to local private schools including Marist College Ashgrove, Mt St Michael's, the Brisbane Grammar Schools and Gregory Terrace.
The potential and options at 38 Arthur Terrace are limited only by imagination. Savvy buyers are encouraged to inspect and see the potential of this expansive inner-city block. The owner's instructions are clear and for this long term property owner the time has come to sell. Contact George Hadgelias or Max Hadgelias for further information or to secure your inspection.
Last updated: 05:19PM on Jun 13th 2019