20 French Street

Paddington QLD 4064

20 French Street presents an exceptional and tightly held opportunity in one of Brisbane's most in-demand blue-chip suburbs. Set on a generous 708m allotment, this brick, post-war block of five flats-comprising a mix of one- and two-bedroom residences-delivers outstanding income now with scope for future potential.Currently returning approximately $100,000 gross per annum, the property is ideal for the savvy investor, land banker or future home builder looking to secure a foothold in a high-growth inner-city precinct.The character of the original brick, post-war design remains, offering charm and enduring appeal to tenants while giving new owners the flexibility to modernise, redevelop (STCA), or simply enjoy strong yields in a prime location.Key Features: 5 individually let flats: mix of 1 and 2-bedroom units. Gross income approx. $100,000 per annum Expansive 708m block with wide frontage Elevated and quiet Paddington Street Post-war structure: opportunity to remove and build your dream home (STCA) Just moments from Given Terrace caf, retail, and dining precincts In the catchment for Ithaca Creek State School and Kelvin Grove State College Less than 3km to Brisbane CBD Excellent access to public transport and major arterials Positioned to benefit from future Olympic infrastructure and ongoing inner-city rejuvenation.Whether you're looking for a secure income stream with long-term upside, a strategic development opportunity, or a place to plan your dream residence, 20 French Street offers versatility, character, and immediate value.Invest now, plan for tomorrow - opportunities like this are increasingly rare.Auction: 11th September @ 6pmLocation: Ray White Paddington In-room Auctions* Where properties are being sold without a price, in accordance with governmentregulations a price guide cannot be provided. Please also note that the website beingviewed may have filtered the property into a price bracket for functionality purposes.* Land dimensions are sourced from Pricefinder & B.C.C and should be used as a guide only