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10E/46 Merivale St, South Brisbane

Rare Multiple Income Property 1km from CBD

Click to download Auction Conditions

Click to download Contract

Click to dowload Title Search

Click to download Disclosure Statement

Click to download Leasehold 

Click to download CTS

Click to download Rates

Click to download document

Click to download Car Park Plan 

Click to download Offer Preparation Form 

Click to download Bidder Registration Form

Click to download Phone Bidding Authority Form

Click to download Letter of Authority to Bid on Behalf of another Person

Click to download Commercial Lease 

Click to download Floor Plan

Commercial Space :1      Bedroom:1          Bathroom: 1       Parking: 2

A commercial and residential opportunity in 1 property! Within 1km of the CBD and smack bang in the middle of bustling South Brisbane 10E at 46 Merivale St is the perfect location for an investment and an unbeatable place to live. Upstairs is a fully furnished, split level 1 bedroom residential apartment. Completely separate and downstairs is “Chuffed” a popular local coffee shop with an 8 year commercial lease. This truly is a unique opportunity for investors, take note, it gets better with both the car parks also leased out separately. Three incomes streams, one property!

• Coffee Shop ” Chuffed ” is currently leased for $697 Per Week – 4% Annual Increase – 8 Year Lease.

• Fully Furnished Apartment is currently rented for $580 Per Week.

• Two secure car spaces, leased separately for $210 Per Month each.

Favorite Features Include:

• Fully Furnished Apartment
• Commercial space downstairs
• 2 Secure Car Parks
• 1 Contemporary bathroom includes floor to ceiling tiles
• Spacious Multi Purpose Room in the apartment.
• Ducted air conditioning and secure entry.
• Internal Laundry
• Situated within the Brisbane State High School catchment area.
• Close to the City Cat terminal, Bus and Train.

With more outstanding features than listed here an inspection is essential to fully appreciate all this property has to offer.

Take advantage of this exceptional opportunity!

Call Matt Sale & Dely Drakostamatis now.
0423 182 354