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Sold
Block_of_units
SOLD on Aug 2024
$2,600,000
134 Mein Street, Hendra, QLD, 4011, Australia
8
7
7
683 m²
Nearest stations
Hendra
420M (6 mins)
Ascot
580M (7 mins)
Clayfield
1.1KM (14 mins)
About this Property
134 Mein Street, Hendra, presents a unique opportunity for astute investors. This block of 7 flats, situated on a 683 sqm block of land (two lots), delivers strong rental returns and holds significant potential for future development. The property directly backs onto the iconic Eagle Farm Racetrack, offering sweeping views of this historic landmark. Located just 7 km from the Brisbane CBD, this property is ideally positioned in a blue-chip location.
Key Property Features:
• Location: 134 Mein Street, Hendra
• Land Size: 683 sqm (Two Lots)
• Lot 155: 331 sqm, approximately 10m frontage
• Lot 156: 352 sqm, approximately 10m frontage
• Zoning: CR1 Character Residential
Flats Configuration:
• 6 x 1 Bedroom, 1 Bathroom
• 1 x 2 Bedroom, 1 Bathroom
• Each flat has its own off-street parking space
• Flat 7 is currently unrented and requires a bathroom renovation (previously rented at approximately $300 per week)
Financial Performance:
• Gross Annual Income: Approximately $100,000
• No body corporate fees, non-strata complex
Development Potential:
• Blue-chip location surrounded by multi-million dollar homes
• Directly backs onto Eagle Farm Racetrack, providing iconic views
• North-facing aspect
Auction Details:
• Date: 3rd August
• Time: 2:00 PM
• Venue: On-site (if not sold prior)
Don't miss out on this rare investment and development opportunity in a prime Hendra location. For further information or to arrange a viewing, please contact us today. Secure your future with this outstanding property!
Key Property Features:
• Location: 134 Mein Street, Hendra
• Land Size: 683 sqm (Two Lots)
• Lot 155: 331 sqm, approximately 10m frontage
• Lot 156: 352 sqm, approximately 10m frontage
• Zoning: CR1 Character Residential
Flats Configuration:
• 6 x 1 Bedroom, 1 Bathroom
• 1 x 2 Bedroom, 1 Bathroom
• Each flat has its own off-street parking space
• Flat 7 is currently unrented and requires a bathroom renovation (previously rented at approximately $300 per week)
Financial Performance:
• Gross Annual Income: Approximately $100,000
• No body corporate fees, non-strata complex
Development Potential:
• Blue-chip location surrounded by multi-million dollar homes
• Directly backs onto Eagle Farm Racetrack, providing iconic views
• North-facing aspect
Auction Details:
• Date: 3rd August
• Time: 2:00 PM
• Venue: On-site (if not sold prior)
Don't miss out on this rare investment and development opportunity in a prime Hendra location. For further information or to arrange a viewing, please contact us today. Secure your future with this outstanding property!
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Keith Mahon
Ray White Ascot
+ 61 0487250982
Chrese Morley
Ray White Ascot
+ 61 0412586994
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More Details on 134 Mein Street, Hendra QLD
How many bedrooms and bathrooms does 134 Mein Street, Hendra have?
134 Mein Street, Hendra is a 8 bedroom, 7 bathroom block_of_units.
Who is the agency that listed 134 Mein Street, Hendra?
The agency who listed 134 Mein Street, Hendra is Ray White Ascot - you can contact the agents here.
How many car spots does 134 Mein Street, Hendra have?
134 Mein Street, Hendra is a 7 car spot home.
How much is 134 Mein Street, Hendra?
The price of 134 Mein Street, Hendra is $2,600,000 - contact the agents to find out more.