49-51 Sydney Street, New Farm

Rare opportunity on 980sqm

Size: 980 m2 | Bedrooms: 10 | Bathrooms: 9 | Garage: 6 | Type: House

A truly rare offering in one of New Farm’s most coveted pockets, this beautiful pre-war home that has been repurposed to attract an annual gross income of $178,000, this impressive address can also be transformed back into a grand character home.

Set amongst established residences in a tree-lined street just minutes from the New Farm Park Ferry Terminal, the property showcases beautiful design details such as VJ walls and timber floors.

Each of the complex’s nine apartments boasts a tidy kitchen and sizeable living areas, with most being one- and two-bedroom units. There are also modern bathrooms, while the main apartment (unit 7) features a grand cedar door, dazzling chandeliers and ceiling roses. You can also expect a shared coin laundry and solar panels, as well as a garage and carport affording vast amounts of off-street parking. Picket-fenced gardens and a generous fully-fenced grassed rear yard add to the property’s appeal.

Continue to use the address as an investment or buyer and create your dream home now or in the future – the choice is yours.

Currently tenanted until April 2023, 49-51 Sydney Street benefits from one of New Farm’s best locations. Only three kilometres from Brisbane’s CBD, this sensational offering is close to a multitude of shops and dining options. Leafy New Farm Park and the Brisbane Powerhouse are just streets away, as is Merthyr Village Shopping Centre. The fashionable James Street, Howard Smith Wharves and Gasworks precincts are also easily accessible from this address. Do not miss this exciting opportunity – call to arrange an inspection today.

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

49-51 Sydney Street, New Farm

Alex Rutherford