134 Mein Street, Hendra, QLD, 4011

Prime Development Opportunity with Strong Holding Income

Block Of Units
Type
8
Bedrooms
6
Bathrooms
7
Parkings

Last updated on Tuesday, March 24, 2026 ( See property details for 134 Mein Street, Hendra, QLD, 4011)

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A rare opportunity to acquire a solid brick complex of seven units in Hendra with strong income, value-add potential, and significant redevelopment prospects in a sought-after location.

🏡 Property Highlights

  • Solid brick complex of 7 units with immediate holding income
  • Leases secured until August 2026 ensuring reliable cash flow
  • Significant value-add potential through unit upgrades
  • Prime redevelopment site (STCA) in a blue-chip suburb
  • Excellent location close to transport, elite schools, cafes, and CBD
  • Ideal for investors, developers, and land-bankers seeking growth

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Secure Parking
  • Waterfront / Views
  • Home Office / Study
  • Balcony
  • Garage
  • Ensuite
  • Pet-Friendly

Hendra is a highly sought-after Brisbane suburb renowned for its strong growth, excellent transport links, and proximity to elite schools, cafes, and the CBD. It offers a vibrant community atmosphere, well-maintained parks, and a stable property market, making it an ideal location for investors and developers seeking long-term capital growth and lifestyle benefits.

What is the current rental income generated by the units?
The units are currently leased with secure tenancies in place until August 2026, providing a reliable income stream.
What are the potential redevelopment options for the site?
The site offers significant redevelopment potential (STCA), suitable for future development or subdivision, subject to council approval.
Are there any existing planning restrictions or zoning considerations?
The property is located in a zone conducive to redevelopment, but prospective buyers should verify zoning and planning regulations with local authorities.
What upgrades or renovations are recommended to increase rental returns?
Value-add opportunities include modernising units, upgrading fixtures, and enhancing common areas to improve rental yields and asset value.
Are there any known structural issues or defects?
The property is described as a solid brick complex; however, prospective buyers should conduct their own inspections to verify condition.
Are there any hidden costs associated with the redevelopment potential or future planning approvals? Has the property been affected by any zoning changes or planning restrictions recently? Are there any easements, covenants, or encumbrances on the land that could impact redevelopment? What are the strata or body corporate arrangements, if applicable? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any upcoming construction or development projects nearby that could affect the property? What are the ongoing maintenance costs for the complex? Are there any unresolved planning or compliance issues related to the existing units? What are the council rates and other ongoing holding costs? Is there any existing or planned infrastructure upgrade in the vicinity that could influence property value?

134 Mein Street, Hendra, QLD, 4011 - More Details

Prime Development Opportunity with Strong Holding Income

Type
Block Of Units
Bedrooms
8
Bathrooms
6
Parkings
7

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