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House for Auction in New Farm, QLD175 Arthur St

175 Arthur Street, New Farm, QLD 4005
175 Arthur StreetNew Farm QLD 4005 AUS
-27.457116 153.042160
Auction
7 Beds
3 Baths
2 Parking
  • Land area 0.11 acres / 465 sqm
  • Garages 2

Auction Location
The Calile Hotel - 48 James Street, Fortitude Valley

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Two Houses on One Title in Coveted Position Occupy or Invest

Property ID 1996804
A spectacular opportunity within a coveted, inner-city locale, these two residences offer endless potential.

Occupying a 465sqm block, the site features an 1890's cottage at the front of the property hosting:
• 3 bedrooms + sleepout
• Large kitchen
• Open plan living
• Under home storage

With rental income of $500 per week, investors have the opportunity to see returns of $26,000 gross per annum.

Situated at the rear of the property, a second home built in 2008 and designed by architect Kevin Hayes is contemporary in style and features:
• Open plan living + balcony with city views
• Modern chef's kitchen with stainless steel appliances
• 4 bedrooms + study
• 2.5 bathrooms
• Australian hardwood floors throughout

Versatile in design and offering a wealth of potential, buyers can take advantage of the two separate residences and occupy or invest. Live in one or both properties, rent both residences out. Occupy the rear house while you renovate the front cottage into your dream home or get separate title's (STCA) and take advantage of recent small lot sales.

A truly premium location within one of Brisbane's most vibrant lifestyle precincts, these homes are just metres away from esteemed James Street featuring an array of cafes, restaurants, bars, boutiques, Palace Cinema and the new Calile Hotel.

Positioned within the New Farm State School and Kelvin Grove State High School catchments and moments away from some of Brisbane's most elite private schools, including All Hallows and Gregory Terrace, here you are also afforded easy access to Airport Link tunnel and public transport corridors, as well as Howard Street Wharves and the CBD only 1.5km away.

The Auction is being held on Monday 3rd of December from 6pm at The Calile Hotel, 48 James Street, Fortitude Valley.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.