5 Howard Street,
Paddington, QLD 4064

Ideally located in the vibrant heart of Rosalie, sitting opposite Milton State School, with a wide range of café's, bars and retail outlets close by, this property offers a mouth watering opportunity to invest in, or base your business in, one of Brisbane's most desirable locations.

Easy walk to Milton Train Station and a little further to the Brisbane River, the Citycat and bike tracks. Approx 2.5klms to Brisbane City and good access to north and south arterials.

The commercial/office space has a smart modern reception area with a separate meeting room. With steps up half a level the office then opens up offering 4 or 5 work stations and a small private office. This level also has a kitchen plus male and female toilets.

Through to a separate section that includes a further 5 work stations, an on to another space with 3 work stations opening to a courtyard.

Combined, there is 108m2 of lettable commercial space.

Part of the same land is a 2 storey residential building with one flat on each level.

Flat 1 - The lower level offers 2 bedrooms, living and dining areas, kitchen and bathroom, plus a small laundry area. Rent $420pw

Flat 2 - The upper level offers 3 bedrooms, living and dining areas, kitchen and bathroom, plus small laundry area. Rent $480pw

The Details:
* Unique Property in the heart of Rosalie
* Combined Commercial/Residential
* Office space 108m2 + 2 Residential flats
* Commercial Tenancy Lease 1.11.2022 to 31.10.2024 @ $5,400 per month plus GST
* From 1.11.2024 combined rental income $111,600pa - Outgoings (rates, insurance, land tax) approx. $20,700pa
* 3 car parking for commercial space
* Land Area 455m2

An opportunity to invest in this delightful upbeat location, offering consistent returns for the investor or a high profile location for the business owner.