Sold for $1,000,000
Sold for $1,000,000526 Lower Bowen Terrace, New Farm QLD 4005
•
Property was sold on 14 August 2018.
Sold on 14 August 2018.
3 beds
1 bath
4 cars
House
3
1
4
•
House
Property Features
This quaint colonial cottage presents an enormous opportunity for the astute entry level buyer or investor. With options to either move in, rent out as-is or renovate, the home screams opportunity and of course, affordability. Located in one of New Farm's most quiet and liveable streets, this home features three (3) large bedrooms, 1.5 bathrooms and accommodation for up to four (4) cars. There's no denying a good renovation would bring the existing character with period features (including VJ's, Hoop Pine flooring, french doors and gorgeous fretwork) to life. As a renovated colonial cottage, this property would be in high demand by families, other investors and couples with pets. Downstairs presents more opportunity for either a short term or longer term capability. Utilise it now as an art studio or a space to tinker on that car, or lift and build in underneath to truly unlock it's potential and capital growth. City views should be achieved after the lift which is a huge value add. The block has been recently subdivided so for further information please contact Isabella or Ivo anytime. With New Farm Park, restaurants and Merthyr Shopping Village are a short stroll away. Walk everywhere, live that New Farm lifestyle.