38 Twine Street
Spring Hill, QLD 4000
Sold $1,300,000

Property Details

Bed 7 Bath 3 Car 3

Land Size

416 square metre

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Sought-after inner-city location

Situated in a sought-after inner-city location and only less than 1km from Brisbane CBD, this exceptional cash cow investment offers buyers the ability to buy a seven bedroom house with potential long term tenancies whilst also offering the potential to build a new home (S.T.C.A). Rarely you will find a property with such a sizable block within short walking distance to Brisbane City, Roma Street Parklands, Roma St Train Station and Brisbane Grammar Schools.

Key Summary of Property:
– Battle-axe block with enhanced privacy and safety (with existing 7 beds, 3 baths home)
– Zoned CR1 Character.
– 100m to Roma Parkland.
– 500m to Roma Street Train Station.
– 900m to Brisbane City.
– 1.1km to Queen St Mall.
– High rental demand location for working professionals, students (and families).

Development Upside:
• Commanding a significant landholding of 416m2 and east facing at the front of the home, with potential for construction of a new home (S.T.C.A).
• Zoned CR1 Character.

Existing Home:
• Upper level includes; five bedrooms, living and dining areas, kitchen, two bathrooms and large covered balcony with city views, currently being used as student accommodation.
• Lower level includes; two bedrooms, kitchen, a bathroom and separate toilet; and open area for three car spaces.
• Ability to further improve and increase rental return.

Location:

Spring Hill is one of the oldest residential neighbourhoods in Brisbane, with many houses dating back to the nineteenth century. An eclectic lifestyle is served by a number of Brisbane's top schools including Brisbane Grammar and Brisbane Girls Grammar, St James College, St Joseph's College and Brisbane Central School.

Conveniently located within the Spring Hill medical and corporate precinct, and within walking distance to Brisbane's CBD, elite Medical Specialists, St Andrews Hospital, Brisbane Private Hospital, Roma Street Parklands, two train stations, bus stops (Spring Hill free bus loop), cafes, restaurants, Coles and Woolworths, the location provides the ultimate inner-City living experience.

Alan makes buying real estate simple and stress free, so call Alan today to arrange an inspection to view this amazing property.

** Disclaimer**
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.

Whilst all reasonable attempts have been made to verify the accuracy of the information provided, the Selling agents confirm that they cannot guarantee accuracy of the same and accept no liability (express or implied)in the event that any information contained in the document or provided within is inaccurate. Parties must ensure they make their own due diligence enquiries to satisfy themselves about the accuracy of the information. This information provided is indicative only and must not be relied upon unless confirmed by a party through their own due diligence.

Agent Representing 38 Twine Street

Alan Woo
Lead Agent

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