House
Positioned in one of Brisbane's upcoming suburbs, this unique property offers an exceptional blend of income, location, and future development potential.
Just 7km from Hamilton & Ascot – home to Brisbane's prestigious lifestyle precinct and the upcoming Olympic Village – Pinkenba is rapidly emerging as a hotspot for growth. With Brisbane Airport at your doorstep, only 20km to the CBD, and the Gateway Bridge just 10 minutes away providing quick access to the southside, this location is unmatched for convenience and connectivity.
Set on two titles within one block, the property offers a rare combination of commercial and residential use. There are two shopfront in the front section and the larger one is currently leased to a family-operated Australia Post Office, returning $3,000 per month. At the rear sits a home with strong renovation potential, which once improved, could generate an additional $600–$700 per week in rental income. Together, the estimated gross yield can exceed 6% - 7% per annum.
Beyond the immediate returns, the property is strategically positioned to benefit from Brisbane's major infrastructure pipeline leading up to the 2032 Olympic Games. With zoning that allows for future subdivision and the potential for unit or townhouse development (STCA), this site presents an exciting long-term opportunity for astute buyers.
This is the perfect chance to secure a foothold in one of Brisbane City Council's most anticipated growth suburbs. Opportunities like this are tightly held and in high demand.
** Disclaimer** Whilst all reasonable attempts have been made to verify the accuracy of the information provided, the agents confirm that they cannot guarantee accuracy of the same and accept no liability in the event that any information contained in the document or provided within is inaccurate. This information provided is indicative only and must not be relied upon unless confirmed by a party through their own due diligence.