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88 Old Cleveland Road Stones Corner, QLD 4120

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88 Old Cleveland Road,
Stones Corner, QLD 4120

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Map of 88 Old Cleveland Road

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  • Train stations within 5 km of 88 Old Cleveland Road, Stones Corner, QLD 4120Distance
    Buranda Station702 m
    Coorparoo Station1.3 km
    Park Road Station1.7 km
    Dutton Park Station1.8 km
    Fairfield Station2.3 km
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  • Bus stops within 5 km of 88 Old Cleveland Road, Stones Corner, QLD 4120Distance
    Old Cleveland Rd at Edith Street200 m
    Langlands Park, Platform 2227 m
    Sacred Skin Tattoo Studio233 m
    Old Cleveland Rd at Knowsley Street255 m
    Stones Corner, Platform 2276 m
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POWERED BY HERE ©

High-Exposure Mixed-Use Site

A rare mixed-use commercial and residential site, this versatile property rests on a high-exposure 408sqm lot, providing the perfect position for business owners or investors.

Featuring residential accommodation downstairs and business space upstairs, this high-income-producing asset presents an opportunity to lease, occupy, or convert to dual living.

The upper level is currently utilised as a commercial business space with three rooms, one bathroom, a living area and a kitchen, charging $450 per square metre with approximate returns of $36,000 per annum.

The lower level provides three bedrooms, one bathroom, a living area and a kitchen. With the ability to rent the entire floor or utilise as rooming accommodation, this level can generate returns of approximately $1200 per week and charges $300 per room.

Property features:
- Mixed-use commercial and residential site on 408sqm
- High-exposure position on Old Cleveland Road
- 220m to the Eastern Busway station
- 290m to Stones Corner Village precinct
- 1.3km to Coorparoo Square

Upstairs:
- Business space that can be rented for $450 per square metre
- Approximate returns of $36,000 per annum + outgoings + GST
- 3 rooms, 1 bathroom, living and kitchen

Downstairs:
- Potential rental returns of $1200 per week
- Currently charging $300 per room per week
- 3 bedrooms, 1 bathroom, living and kitchen
- 2-car undercover accommodation

This site offers exceptional convenience in a superb position only 10 minutes from the CBD. The Eastern Busway is 220m away, and you can walk to nearby Stones Corner Village, Coorparoo Square, Easts Leagues Club, parks, and bike paths. Villanova College is 700m away, children are in the Buranda State School catchment, and you have excellent access to Griffith University, Greenslopes Private Hospital, PA Hospital, and Pacific Motorway.

Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, Torres Property will not be held liable for any errors in typing or information. All interested parties should rely upon their own enquiries in order to determine whether or not this information is in fact accurate.

Property ID: 504583960Last Updated: 7 May 2024

04334075...
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88 Old Cleveland Road
Stones Corner, QLD 4120
TORRES PROPERTY - COORPAROO
412 OLD CLEVELAND RD
COORPAROO, QLD 4151
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