Retail Exposure, Commercial Options + 4 Bedroom residence all with Historical Charm and City Views

Perched on top of the hill in Paddington’s Main Street, this property is a rare find. A double story free-standing building full of character and charm. An excellent location with high pedestrian and vehicle exposure.

Currently operating as a popular retail clothing outlet with prime shopfront exposure plus a 4-bedroom residence above.

The ground floor offers 107sqm of a modern retail space with glass frontage onto Given Terrace and a great city view as a bonus. This spacious open plan shop is self-contained with timber flooring, air conditioning and fitted with surveillance and alarm systems. There is another 15sqm (approx) of garage/storage space at the rear of the shop as well.

Separate stairs lead up to a charming 4-bedroom residence with panoramic city and suburban views. A spacious living area is adjacent to a combined kitchen/dining room. There is a bathroom with a toilet plus a second separate toilet/a wraparound verandah is ideal for entertaining a or just relaxing with the privacy of lattice screens. With character features throughout like VJ Walls, fancy fret work and polished timber floors.

A sealed driveway down the side leads to 5 parking spaces (1 garage, 3 under-cover & 1 open car space). Ample additional storage is available at the rear, including a container which could be converted to extra parking. The property could suit a range of buyers having options for retail and commercial use.

Zoning – mixed use, commercial/residential.
Rates – $2,833 p/q
Rental Income – $8,181 p/m
Tenancy term – till 15/07/2024

Call 07 3356 2000 for more details and to arrange an inspection.

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Leo & Co Real Estate, Newmarket Village, 8 Edmondstone St, Newmarket QLD 4051

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Leo Gurney