Here’s an opportunity that doesn’t come along very often, 40 MacGregor Terrace comprises a beautiful character shop with a very surprising entirely separate three level residence situated directly behind the shop – all spread over 405 m2 of land.

Perfect for an investor or savvy buyer to secure a prime piece of real estate in a tightly held pocket of Brisbane.

A proven investment with a history of long-term tenants, the shop was previously tenanted and had strong rental returns of $18,200.

With excellent exposure and consumer traffic, there is strong street presence and great sized windows showcasing your business to the public.

The shop has a large consultation foyer, walk down the hallway to a back office, separate toilet and tea station. There is a set of stairs which lead down to a massive storage area.

Perfectly suited for an owner occupier or investment opportunity, journey down a secluded entrance to discover the entirely separate residence with potential to generate rental income of $550 – $600 per week.

Walk through the leadlight doors and be greeted by a cast iron wood fire heater and sweeping views of Bardon and beyond. The large kitchen is perfectly positioned to entertain, with a separate walk-in pantry. Step through glass doors and you’re outside on a deck area overlooking the relaxing urban scenery.

Up the timber spiral staircase to the master suite with stunning views, three balconies, a separate bathroom with bathtub and walk-in robe.

On the lower level there are three additional good sized bedrooms, two of which lead out to another generously sized deck. There is a large bathroom on this level servicing all of the bedrooms. From this level there is access to the rear backyard and a large secure storage facility which has been built in below.

Located only 3kms from the Brisbane CBD and within close proximity to Suncorp Stadium, Inner City Bypass, Southbank Parklands, and the vibrant hub of Paddington with its cafes and boutique shops, this fantastic property has it all!

To learn more about this property, please contact Max Hadgelias on 0411 276 372.

Come and view this rare opportunity before it’s sold!