18 Franklin Street
Highgate Hill, QLD 4101

Overview

Buy one, buy both

Held by the same family for over 35 years, this property at 18 Franklin Street offers an exceptional opportunity as a versatile blank canvas with numerous possibilities. Whether you choose to maintain the existing flats with some enhancements or opt to redevelop and create your dream home, this property caters to a variety of aspirations.

The residence comprises two well-presented flats spread over two levels. The upper level features a spacious floor plan including a separate lounge and dining area adjoining the kitchen. This level accommodates two bedrooms, a study, and a bathroom, providing comfortable living spaces. The lower level consists of a one-bedroom, one-bathroom flat with secure storage, ideal for additional income or guest accommodation.

• Character home situated in a highly sought-after blue-chip location
• Currently configured as two flats over two levels, generating over $50,000 per annum in rental income
• Upper level includes two bedrooms plus a study and one bathroom
• Lower level offers one bedroom and one bathroom
• Excellent potential as a blank canvas for further development or renovation
• Opportunity for potential CBD views from the rear upon redevelopment
• Generous land size of 405 square meters
• Conveniently located within walking distance to West End's Boundary Street
• Within the catchment areas of West End State School and Brisbane State High School
• Brisbane CBD is less than 2 kilometers away, offering an ultimate inner-city lifestyle

This superb lifestyle location is just moments from West End's vibrant Boundary Street and West Village, which features Woolworths and Harris Farm Markets. A short stroll leads to the South Bank Parklands and South Brisbane's renowned performing arts precinct. The property is surrounded by some of Brisbane's premier primary and secondary schools, including West End State School, Brisbane State High, St Laurence's, and Somerville House, making it ideal for families seeking quality education options.

Opportunities to acquire two side-by-side properties in this coveted location are rare, making this an exceptional offering. Inspection is highly recommended to appreciate the full potential of this property.

Please note, the property is being sold by public auction, and as such, a price guide is not provided. The auction will be held on-site on Saturday, the 23rd of May at 4:30 pm, unless sold prior.

Location