Retail in Paddington

32 Latrobe Terrace Paddington, QLD 4064

Sold on 14 October 2016
  • Building: 113m²

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Retail in Paddington


  • Building: 113m²

An exciting opportunity to buy a freehold property in this vibrant Inner-City location.
This colonial cottage is conveniently located on Latrobe Terrace and enjoys easy access to fellow boutique shops, and an area where cafes and restaurants abound.
Currently returning approximately $4,000 per. calendar month, the property comprises two (2) tenancies.
At street level a children's retail/showroom is the principal draw card; the attractive 3 year lease will provide a steady income stream for the shrewd investor. There is a possibility that subject to negotiation an owner occupier may choose to establish his business house from this location.
The downstairs tenancy which has its own separate entry (if required) has been occupied by an Architectural firm for some time. The month-to-month tenancy allows flexibility and scope for the investor or owner occupier.
The sale of 32 Latrobe Terrace from a long term investor to a new owner signals a rare opportunity for the realestate focused portfolio.
To arrange a private inspection contact us today!