FOUR SELF-CONTAINED RESIDENCES | HIGH-YIELD INNER-CITY INVESTMENT

For Sale by Negotiation

Positioned on a substantial 749m² allotment just 4km from the Brisbane CBD, this rare multi-income property comprises four self-contained residences on a single title.

Generating a combined rental income of approximately $2,600 per week or $135,200 per annum, the property offers an attractive gross return alongside Bardon's proven long-term capital growth and future redevelopment potential.

PROPERTY CONFIGURATION

Residence 37A: 4 bedrooms, 1 bathroom – $750 per week
Residence 37B: 2 bedrooms, 2 bathrooms – $650 per week
Residence 37C: 2 bedrooms, 2 bathrooms – $600 per week
Residence 37D: 2 bedrooms, 2 bathrooms – $600 per week
Four self-contained kitchens and living areas
Four on-site car spaces
Approximately 440m² of building area
Generous 749m² landholding
Four diversified rental-income streams (individually metered services)
Held on one freehold title
Whether you are an investor seeking immediate income, a developer considering future possibilities or a buyer looking to accommodate an extended family, this unique property provides considerable flexibility.

Retain the existing configuration as a high-yield investment, occupy one residence while receiving income from the remaining three, or land-bank the property while exploring its longer-term potential, subject to Brisbane City Council approval.

FAST FACTS

Combined rent: Approximately $2,600 per week
Combined annual income: Approximately $135,200
Council rates: Approximately $994 per quarter
Water service: Approximately $66 per quarter
Sewerage: Approximately $188 per quarter
Land size: 749m²
Building area: Approximately 440m²
Configuration: 10 bedrooms, 7 bathrooms and 4 car spaces

CONNECTIVITY

Enjoying a highly convenient inner-western position, the property is close to Paddington and Rosalie's cafés, restaurants and boutique shopping, with public transport available along MacGregor and Latrobe Terraces.

The location also provides convenient access to QUT Kelvin Grove, Ithaca Creek State School, Kelvin Grove State College, Stuartholme School, Marist College Ashgrove, Brisbane Grammar School and Brisbane Girls Grammar School.

Combining immediate income, a substantial inner-city landholding and long-term flexibility, 37 MacGregor Terrace presents a genuinely rare Bardon investment opportunity.

For Sale: Present all Offers
Inspections: By Appointment

Ranal Charan | 0401 521 040
Ethan Jamieson | 0488 255 848

10
7
4

Inspection times

Please contact our agents to arrange a viewing.

Property Information

  • Land area approx 749sqm
  • Floor area approx 440sqm

Property Features

  • Air Conditioning
  • Area Views
  • Balcony
  • Built In Wardrobes
  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Dishwasher
  • Ensuite 1
  • Floorboards
  • Fully Fenced
  • Open Spaces 4
  • Openable Windows
  • Outdoor Area
  • Toilets 7

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Amenities

Kelvin Grove State College
Secondary School
7-9
Kelvin Grove State College
Secondary School
10-12
Rainworth SS
Primary School
K-6
Based on our available information, this property falls within the listed government school intake zones. Source: School intake zones for NSW government schools
Mt St Michael's College
Combined
Pri+Sec
Stuartholme School
Combined
Pri+Sec
Marist College Ashgrove
Combined
Pri+Sec
Compass Independent School
Combined
Pri+Sec
St Joseph's School
Primary
Pri
Mater Dei Catholic Primary School
Primary
Pri
St Finbarr's School
Primary
Pri
St Ambrose's Primary School
Primary
Pri
Hubbard's School
Secondary
Sec
Omni Academies of Learning
Secondary
Sec
Arethusa College - West End Campus
Secondary
Sec
Albert Park Flexible School
Special
Special
Only non-government schools within a 3km radius of this property are listed. Source: Acara Australian Schools List
37 MacGregor Terrace Bardon
10 7 4
For Sale For Sale by Negotiation

For more information, contact us today.

388 Brunswick Street Fortitude Valley QLD 4006
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