49 Gresham Street, East Brisbane

House Sold - East Brisbane Qld

1012m2 Allotment on the Prestigious Gresham St

Perfectly positioned on a wide tree lined street, Gresham St is East Brisbane’s most coveted address. Here lies a rare 1012m2 allotment held by the same owner for 25 years, surrounded by a multitude of multimillion-dollar prestigious homes. Currently zoned as flats, this presents an incredible opportunity for those looking to secure a highly desirable address to do a high end renovation to make your dreams a reality.

Let’s be clear, the current building is in average condition and very little of the original character remains. This would suit a buyer wanting to basically rebuild from scratch (most likely keeping the facade) to create your forever dream home. Alternately it could be renovated and kept as 6 apartments, ideal for a self-managed super fund or other tax effective investment.

-Approximately 20 metre frontage and 50 metre depth
-Walking distance to the river, parklands, cafes and Churchie Grammer
-Positioned over 2 lots
-Just a 5-minute drive to Somerville House or St Laurence’s College
-Easy access to transport, trains, buses and ferry
-Close to 4 of our states finest hospitals
-Three of the units are currently tenanted on periodic leases

Don’t miss this unbelievable opportunity to secure a generous 1012m2 allotment in an unbeatable position with ample potential for renovation to suit your own personal tastes. This property is sure to attract a discerning buyer wanting to create their dream home or renovate the apartments in a tightly held and highly desirable locale.

Please contact marketing agent Sam Peterffy from Belle Property for further information 0428 822 889.

Open Saturday 16 of December at 10am for viewing.

All representation has been made in good faith to outline the property in word and photos. All interested parties should make their own inquiries to verify the information contained in this advertisement and do their own due diligence to satisfy their inquiries.