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Here is your chance to secure a property brimming with potential inside and out, right in the heart of New Farm! This exciting piece of real estate offers the astute purchaser a number of options that will flourish well into the future.
602 Lower Bowen Terrace occupies two dwellings on a large 713 sqm block which accommodates a range of lifestyle options. Upon entry, you are introduced to the first house which consists of a three bedroom flat upstairs, a two bedroom detached flat downstairs, and also a third flat on the ground floor which is a one bedroom studio. Ideal for independent living and or a great rental return, currently renting for $1,550 per week.
The residential hub located to the rear of the property holds a charming mix of original character and stunning new renovation. Originally a squash court and retaining an unassuming exterior, step inside and be captivated amidst high quality finishes and captivating design.
The position speaks for itself. You are only minutes to all of New Farm's cafes, restaurants, boutiques, and grocers, as well as conveniently located nearby to transport. The possibilities here are exciting and an inspection to fully appreciate what is on offer and a drive around the New Farm Peninsula is a must!
602 Lower Bowen Terrace offers but is not limited to;
• 713 sqm block in the heart of New Farm
• DA approved to subdivide into two separate blocks
• Option to buy front house separately
• Endless opportunity with flexible use
• House 1 - comprises of a three bedroom house flat upstairs, also a two and one bedroom studio downstairs
• House 2 - a three bedroom house at the rear of the property
• Strong rental return with the front house currently leased at $1,550 per week
For more information or to book a private inspection please contact Tom Lyne directly on 0423 696 862.
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