Paddington, 53 Ellena Street

Auction

House: 3 2 2

  • Property ID#743549
  • LocationPADDINGTON
  • StateQLD
  • StatusCurrent
  • Land Area sqm810.00

LARGE HOME ON 810m2 (2 lots)

ATTENTION all FAMILY BUYERS, DEVELOPERS and INVESTORS!!!!!!!!!!! There are plenty of options available for the savvy buyer with this property! * FAMILY BUYERS will delight in creating their dream home by renovating the large existing residence. The large back yard has plenty of room for a swimming pool, and play area for your children & pets. A desirable family location within close proximity to the renowned Milton State School, parks & shops. * DEVELOPERS will love the existing DA that comes with this property. The development approval allows the existing home to be moved across on the block, and a new home to be built on the spare block. The full DA and plans are available for inspection through the agent. The front elevation sketches of both proposed dwellings are shown in the photo section. * INVESTORS will like the potential for great rental returns with this large home. Whether you are looking for student accommodation, or a standard rental, this property is well worth consideration to add to your property portfolio. Currently 3 bedrooms and 1 bathroom upstairs, but is also developed under with additional space including a kitchen and bathroom. The land content is 810m2, consisting of 2 blocks. The land is elevated off the street, and enjoys good breezes and suburban and mountain views from the front and side wrap around verandahs. The house was originally a grand colonial home and has had some changes over the years. The home is solid, and very comfortable now, and is ready to move in. This property also has great potential to renovate, whether you decide to take it back to its original state, or create a more modern renovation (STCA) the choice is yours. This property is situated in a prime position in central Paddington, a short stroll to Paddington's popular cafe and shopping precinct. A prime example of blue chip real estate, ripe and ready for the picking! Properties on larger blocks are becoming rarer in the inner city, so dont delay, inspect this property today!! The seller of this property is motivated to sell and will consider all pre-auction offers. A sustainability declaration is available upon request from the agent.

Loan Repayment Calculator

How much can I borrow?
The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. It is advised that you consult your financial adviser or mortgage broker before taking out a loan. Results indication is based on an Interest Only Loan for Residential and Lifestyle of 90% LVR, Commercial, Vacant Land and Business of 70% LVR and Rural of 60% LVR).

Want to find out more about this suburb?

Submit your details and we will send you a comprehensive suburb report.

Sign up to our market review