38 Lever Street Albion QLD 4010
$2,950,000.00

DESCRIPTION

Phone enquiries - please quote property ID 36889.

Perched in a tightly held and highly sought-after location, this grand Federation-era residence offers an exceptional opportunity for investors, developers, or families seeking a rare slice of prime real estate. With sweeping views of the city skyline and river, and surrounded by key amenities and public transport, this is a property with both charm and incredible potential.

Currently configured as five self-contained apartments returning a combined $2,150 per week (Low Rent), the property provides solid rental income from day one. Alternatively, it could be transformed back into a magnificent five-bedroom family home with three bathrooms and ample living space. Currently has enclosed verandahs but could easily be restored to original period style.

- First time offered to market in over 60 years
- 1,067m² block set across two titles – potential to subdivide (STCA)
- Stunning pressed metal ceilings and original Federation features
- Existing 5 apartments with 3 bathrooms
- 4 covered carports at rear of property
- Amazing city and river views
- Close to major amenities and public transport
- Versatile zoning and development upside (STCA)

Whether you’re looking to invest, landbank, develop, or restore this beauty into a grand residence, opportunities like this don’t come often. Contact us today to arrange a viewing or request further information.

DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.