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House

39 Browne Street New Farm, QLD 4005

Sold for $1,145,000 on 15 March 2016
  • 4 Beds
  • 2 Baths
  • 2 Cars
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House in New Farm

New Farm's best valued house opportunity on 577m²

  • 4 Beds
  • 2 Baths
  • 2 Cars

A new opportunity has arisen for our vendor and a successful sale is required, we have crunched the numbers, and this is the cheapest house per square meter to hit the market in 2016.

This rare investment or renovation opportunity has presented itself in the gentrified heart of New Farm. This converted residence currently benefits from a dual income stream, the current owner has been renting it out for a combined total of $840 per week. Both units have two bedrooms, tidy bathrooms and kitchen. Polished timber floors throughout and a generous sized entertainment patio overlooking the elevated back yard.

Perched on a generous 577m2, this block represents exceptional value. Whether you are looking to take advantage of the already established rental income and set and forget, or renovate and turn into an amazing contemporary family home, rest assured your investment of time and money will be well spent.

Just a short stroll up the quiet, leafy street and you will find yourself presented with the best New Farm lifestyle has to offer. Enjoy a beautiful selection of tapas and wine at Gerties, before walking across the street to catch the latest film at the newly refurbished New Farm Cinemas. With Merthyr Village, James Street and New Farm Park only a stone's throw away, astute investors will agree that 39 Browne Street is an opportunity like no other.

With a motivated owner wanting a timely result, this is an incomparable opportunity to secure an affordable inner-city land holding. Don't be mistaken, this property will be sold and your urgent attention should be given.

Features:
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Double Garage
  • Garden
  • Polished Timber Floor
  • Secure Parking
Land:

577m² / 0.14 acres

Bedrooms:

4

Bathrooms:

2

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Suburb

New Farm

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