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Overview
Welcome to 37 Beatrice Street, Taringa, a remarkable mixed-use property offering a unique investment opportunity with both immediate income and potential for future development. This versatile property is located in a friendly neighborhood with easy access to local conveniences and amenities, making it ideal for a variety of buyers including investors, entrepreneurs, developers, or those seeking a live-work arrangement.
The upper level of the property features a comfortable residential space with two bedrooms and one bathroom. Designed to provide privacy and practicality, the residence includes a separate living room and a well-appointed kitchen, creating a welcoming living environment for tenants or owner-occupiers. This space lends itself to flexible usage, whether as private accommodation, rental income, or a convenient residence for on-site business operators.
On the ground floor, the property includes a spacious commercial premises with excellent street presence and adaptability. Currently used as a beauty salon, this ground-floor area presents a professional and inviting setting suitable for a wide range of business applications. Its layout complements the mixed-use nature of the property and adds significant value through commercial income streams or opportunities to customize for other business needs.
Set on a 478 square meter site, the property also offers scope for further development subject to council approval (STCA), enabling owners to capitalize on the strong fundamentals of the location and the vibrant community. The property’s zoning and layout afford flexibility for enhancement or expansion, making it attractive for future growth and increasing the overall asset value.
The local area of Taringa is known for its welcoming community atmosphere and proximity to essential amenities, schools, and transport options. Residents can enjoy a balanced lifestyle with access to nature and the conveniences of city living nearby, which adds to the appeal for tenants, families, and professionals.
In summary, 37 Beatrice Street offers a compelling proposition with its combination of quality residential accommodation, adaptable commercial space, and development potential. This property provides an excellent platform for investors and owner-occupiers alike to benefit from current income opportunities and position themselves for future gains within a desirable suburb.
Please note that all information provided should be independently verified, and prospective buyers are encouraged to conduct their own enquiries and seek professional advice to assess the suitability of the property and its opportunities.
Local Market Insights
In Brisbane Inner City, Quiet Listings observed 20 new commercial properties entering the market over the last 30 days, up from 15 during the previous 30-day period, with an average advertised asking price of $1,381,270. The property type mix of listed properties is predominantly Apartments at 41%, followed by houses (33%), and units (12%). Ray White was the most active agency monitored, representing 23.3% of all new listings monitored during the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Taringa QLD 4068
Market Insights for Taringa QLD 4068
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
