A typical example of the gracious early architecture of Brisbane, this well maintained Art Deco building is home to six spacious apartments, all two bedrooms, one bathroom and with sunrooms.
Solid brick, built on three levels with a coveted corner location as an extra bonus, the opportunity to renovate and extend the building has been already explored by the current owners a few years ago. There are plans from a renowned local architect that have been made and could easily be revived.
The existing 6 units are all in good conditions and rented out to excellent tenants. All the trimmings of the Art Deco era are intact; deco cornicing, high ceilings, picture rails and casement windows.
Ideal location on top of the cliffs of the Julius Street precinct,; walking distance to the City, Merthyr Village, cafes and restaurants and all forms of transport including boat trips to Southbank and the universities.
New Farm is Brisbane’s premier suburb, being a peninsula it’s shielded from traffic thus preserving the environment and quiet enjoyment of life and offering the most desirable lifestyle in the city. In the years to come there is no doubt that we will see an upsurge in property value in New Farm, making this golden investment for the future.
Call me anytime to register your interest and we would be delighted to show you the full extent of the opportunity at Ardrossan.

Building features:
Solid brick building
746 sqm of land
6×2 bedrooms + study units, only 2 per floor
4 lock up garages, although space for more
Fully tenanted, with full history disclosed
Corner location
Current yearly rental: $115,440 with further growth potential
BCC rates: $1850 per quarter