Sold
Last Asking Price - $1,567,500-$1,724,250

7 Malcolm Street, Hawthorne QLD 4171

Apartment849

UNDER CONTRACT WITH THE PAUL JOHNS TEAM

Offering exceptional service to the Hawthorne area, sell with the apartment specialists - Paul Johns Team.

An exceptional offering, this block of four renovated apartments sits on a prime 655m2 position and will appeal to savvy buyers seeking a quality property with strong returns and potential for future growth in one of Hawthorne's best river avenues. Architectural drawings with a preliminary planning assessment for 8 brand new apartments are now available. Buyers can explore their options with a secondary assessment and concept drawings for a townhouse development of five, offering a maximum height to three levels.

All four units are currently tenanted, providing a combined rental income of $1,340 per week or $69,680 per annum, with no body corporate or body corporate fees. Capturing natural light and refreshing breezes from an elevated position, each updated unit has their own unique floor plan and aspect. Adorned with warm tiles and carpet against crisp neutral tones throughout, the floor plan takes advantage of effortless living with seamless transitions from kitchen to lounge zones.

Each unit has access to a common balcony and provides a single lock-up garage. This small boutique complex framed by low maintenance garden, maximises great clearances between near-by boundaries allowing for grassed areas and drying zones.

If you are looking for your next investment with strong rental returns and capital value growth all in one of Brisbane's best inner-city enclaves, opportunities of this calibre don't last long. Located on a very desirable street within the highly sought-after Hawthorne pocket, this residence is close to the popular Hawthorne Garage for gourmet shopping, transport options via bus or ferry with deluxe cinemas and restaurants in abundance. All concept drawings are available upon request.

Features include: Air Conditioning,Built-In Wardrobes,Close to Schools,Close to Shops,Close to Transport,Secure Parking,Terrace-Balcony
Can I afford this property?

Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Key Details

Property Type:Apartment
Lot:2
Plan Type:RP
Plan:64341
EER:0.0
Stamp Duty:$70,656
 
Harcourts Property Centre

Maps and area information

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Block information
Legal description: 2/RP64341
Block Map
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A block's planning zone defines how that land can be used and what can be built on it.
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            Hawthorne Suburb Information

             
            Average Age
            36 years
            Population
            4,989
            Hawthorne's Property Profile
            Hawthorne's Occupancy

            Contact agents

            Harcourts Property Centre

            Harcourts Property Centre

            View agency details
            Paul JohnsHarcourts Property Centre
            Sam DevlinHarcourts Property Centre
            Please send me information on 7 Malcolm Street, Hawthorne QLD 4171
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            Listing ID: 176535619. This listing has been viewed 7 times. It was first displayed on 19/03/19 and last updated on 18/02/20.