209 Riding RoadBalmoral QLD 4171
Property Details for 209 Riding Rd, Balmoral
209 Riding Rd, Balmoral is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2016. The property has a land size of 325m2 and floor size of 188m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (May 2022)
*Please note all photos taken prior to fire damage*
RESTORE TO FORMER GLORY!
This fire damaged property represents an exceptional mixed commercial & residential use development opportunity, perfectly positioned on the thriving corner of Riding Road and Victoria Street, Balmoral.
The extremely high exposure location would suit several commercial uses including a caf or restaurant, having previously operated as the highly successful Andana & Co patisserie / caf prior the fire. Other commercial uses include a real estate or almost any professional business that would benefit from this amazing position. It is the perfect option for investors or savvy buyer to live above and work below all in the one location.
With many families, schools, and businesses in close proximity, 209 Riding Road presents a remarkable and unique opportunity for you to secure your future.
Features include:
- DA already in place of downstairs commercial classification (6) shop with upstairs classification (4) residence
- High yield site - return to previous state and lease for circa $130,000 pa
- Opportunity to live and work in your own building or rent out separately
- Upstairs - a 3 bedroom, 2 bath executive apartment
- Freehold site with zero body corporate fees but can always be strata titled at a later date
- Four off street parking spaces
- Business / commercial shop / restaurant space with large alfresco dining area
- High exposure position capturing a high traffic area
- 325m2 free hold zoned mixed residential and commercial (6) shop classification
- Building plans, engineering plans, hydraulics plans and survey plans available upon request
- Go straight to a building certifier (BA) and get building immediately
Endless potential upon construction completion to sell off under body corporate or hold:
1. Sell as 3 Bedroom, 2 Bathroom large upstairs unit
2. Sell as Commercial retail shop downstairs
3. Sell as combined upstairs unit and retail space
4. Retain both whilst living off your rental return
This great address sits within easy distance of everything that Balmoral has to offer. It is just a short way from bus transport and the City Cat terminal, riverfront walkways and Oxford Street's dynamic shopping, dining and entertainment precinct. Some of Brisbane's best junior and senior schools, including Bulimba State School, Lourdes Hill College, Saints Peters & Pauls Primary and 'Churchie' Grammar, are all also within handy reach.
Don't miss this opportunity - Contact Chris Lawsen to find out more!
Property History for 209 Riding Rd, Balmoral, QLD 4171
- 11 Feb 2022Sold for $1,350,000
- 27 Oct 2021Listed for Sale Not Disclosed
- 25 Jun 2018Listed for Rent $660,000 / year
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About Balmoral 4171
The size of Balmoral is approximately 1.3 square kilometres. It has 6 parks covering nearly 4.6% of total area. The population of Balmoral in 2011 was 3,827 people. By 2016 the population was 3,900 showing a population growth of 1.9% in the area during that time. The predominant age group in Balmoral is 40-49 years. Households in Balmoral are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Balmoral work in a professional occupation. In 2011, 60.3% of the homes in Balmoral were owner-occupied compared with 61.3% in 2016.
Balmoral has 1,976 properties.
Suburb Insights for Balmoral 4171
Market Insights
Trends for Houses
N/A
N/A
View TrendN/A
N/A
Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
