1/131 Merthyr Road, New Farm, QLD 4005

Hotel/Leisure | Other | Retail

For Sale $2.4M Plus

  • Property ID: 373241
  • Floor Area: 442m²
  • Land Area: 442m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the curb (FTTC)

- Leased until 2025
- 25 rooms plus managers office
- Kitchen facilities
- Private Courtyard in landscaped garden surrounds
- Recently reroofed / Solar Panels
- Central New Farm location

A rare and exciting opportunity exists to purchase a well maintained residential accommodation facility in a prized New Farm position. Currently leased until 2025 and reaping strong rental returns, there is still scope for the investor to enhance and add further value in future.

New Farm is located approximately 2kms east of the CBD and borders the suburbs of Newstead, Teneriffe and Fortitude Valley. It is one of Brisbane's most popular and affluent suburbs and features an eclectic mix of character properties and new residential unit developments. It is well serviced by amenities, retail and public transport.

Please call Geoff Esdale on 0408 787 082 for further information to schedule your inspection.

New Farm Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $266 ---
Retail $5825 $677 11.62%
Offices $5288 $522 9.87%
This is the average advertised price, rent and yield for New Farm, QLD 4005*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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