45 Fenton Street
Fairfield, QLD 4103

Overview

Charming Inner City Residential Investment 4km* to Brisbane CBD

This commercial property located at 45 Fenton Street, Fairfield, Queensland, offers a unique investment opportunity within close proximity to Brisbane's central business district, approximately 4 kilometers away. The property is a charming converted Queenslander featuring a total of 10 bedrooms, all of which are fully leased, providing a stable income stream.

The building combines brick and timber construction, encompassing spacious kitchen and living areas on both levels, which enhances the property's versatility and appeal. There is an opportunity to reposition the property into a large single residence, or alternatively, to develop self-contained dual living spaces on the upper and lower levels, catering to a variety of residential or commercial uses.

The land size is approximately 847 square meters, zoned as Low Density Residential, and notably, there are no restrictive character overlays, allowing for flexible development options. The property benefits from its strategic location, being within a short walking distance to a council bus stop and the Dutton Park Train Station, facilitating easy access to public transport.

Additionally, the property is within walking distance to the Green Bridge, which provides a direct route to the University of Queensland, making it attractive for student accommodation or academic professionals. The current gross income exceeds $129,000 annually, with potential for further growth, supported by strong long-term occupancy rates and high tenant demand in Brisbane for affordable accommodation near public transport.

The surrounding area offers a myriad of parks and recreational facilities, providing a perfect blend of inner-city living with green, leafy surroundings. Nearby amenities include Fairfield Gardens Shopping Centre, which houses major retailers such as Aldi and Coles, along with specialty stores, enhancing convenience for residents and tenants.

Healthcare facilities such as the PA Hospital and Mater Hospital precincts are a short drive away, as is the Brisbane CBD, ensuring the property is well-positioned for both residential and commercial tenants. Local coffee shops and convenience retail complexes are also within walking distance, adding to the lifestyle appeal of the location.

The property is offered for sale via public auction, scheduled for Friday, 8 May 2026, at 10:00 am (AEST), held at Level 26, 111 Eagle Street, Brisbane QLD 4000. This auction presents an excellent opportunity for investors or developers seeking a substantial property with multiple income streams and redevelopment potential in a sought-after inner-city suburb.

Location