Enormous Potential in the Heart of Paddington
This is an absolutely outstanding opportunity with exciting potential right in the heart of Paddington.
48 Guthrie Street is an elevated 738m2 site that’s currently home to three 1-bedroom flats, plus a studio. Each of the flats is very neatly presented and consistently rented, delivering a healthy return.
The location is blue-chip Paddington. It’s a short stroll to vibrant Latrobe Terrace where you’ll find restaurants, cafes and bus stops. You can easily walk to Suncorp Stadium and it’s a quick trip into the CBD. This site also has the potential to capitalise on sweeping views of the city skyline to the rear.
Builders, developers, renovators or investors - the potential here is enormous and you can enjoy the rental return while deciding how to capitalise on this incredible site.