Paddington 52 Elizabeth Street
A Fantastic tenanted investment opportunity is now available in the heart of Rosalie Village. 52 Elizabeth Street/18 Nash Street offers astute investors an income generating property comprising of 6 separate tenancies including 2 shop fronts to Nash Street, a historic Hall and standalone Cottage. The highly exposed 1,131sqm corner block allows frontage to both Nash & Elizabeth Streets providing a high profile location and offers a great point of difference for potential tenants.
Recently refurbished 52 Elizabeth street has superb street appeal and coupled with the sought after location this commercial opportunity won't last long.
6 tenancies comprising of 2 shop fronts to Nash Street, RSL Hall split into 2 tenancies + office space and a standalone house with frontage to Elizabeth Street Generating $249,000 fully leased in income per annum (approx) Highly Exposed Corner Position 1,131sqm Land Area across 3 Lots Future Development Potential 8 car parks Neighbourhood Centre Zoning on Draft New City Plan (MP4 on current plan) Sought after location only minutes to the CBD Recently Refurbished Suitable for any business including Retail, Shops, Medical/Consulting and boutiques.
Get to know Paddington
Paddington is an inner suburb of Brisbane, Australia located 2 kilometres (1.2 mi) west of the Brisbane CBD. As is common with other suburbs in the area, Paddington is located on a number of steep ridges and hills. It was settled in the 1860s. Many original and distinctive Queenslander homes can be found in the suburb.