17 Arran Avenue, Hamilton, Qld 4007

Nestled in one of Hamilton's most prestigious locations, 17 Arron Avenue offers a rare and exceptional opportunity for savvy investors, developers, or those looking to create their dream home. Set on a generous 1,313m² block, this elevated property holds endless potential, whether you're looking to secure a steady income stream, develop a luxury home, or capitalise on redevelopment opportunities.

Key Features:
Land Size: 1,313m², spanning two titles with 21m street frontage and 77m depth
Current Setup: A three-level brick apartment building with 5 units-4 x 1-bedroom apartments and 1 x spacious 3-bedroom apartment on the top floor with stunning Brisbane River views
Income Potential: Currently generating an impressive annual rental income of approximately $98,280, or $10,000+ per month, with all units leased, providing immediate cash flow
Architectural Plans Available: Take advantage of existing plans from BASE Architecture, or customise your vision for a luxurious home or redevelopment project Investment and Redevelopment Options:

This property offers a wealth of possibilities:
Renovate and Boost Returns: With minimal effort, you could renovate the existing units to increase rental yield, or convert the structure into a grand three-level home with river views, adding significant value Redevelop and Subdivide: The large land size provides an exciting opportunity to subdivide into two residential lots or redevelop into multiple luxury homes or terrace-style units, capitalising on the demand for high-end properties in this vibrant area
Demolish and Build: Create one or two high-end residences that would become landmarks in this sought-after street, surrounded by ultra-exclusive properties.

Prime Location:
Situated in a peaceful cul-de-sac just 280m from the Lores Bonney Riverwalk, this property offers easy access to outdoor activities like walking, running, and cycling, all while enjoying the picturesque riverside. In addition, it's located within moments of Racecourse Road, providing excellent dining options, and is close to parks, cafes, and reputable schools such as St Margaret's Anglican Girls School and Aviation High. The Brisbane Airport is also nearby, and the area is well-served by bus and ferry services, while Kingsford Smith Drive offers quick access to the CBD.

With its prime location, substantial land size, and versatile development potential, this property is a perfect choice for investors looking for immediate returns or those with a vision for long-term growth. Whether you choose to hold, renovate, or redevelop, 17 Arron Avenue presents a rare opportunity in one of Brisbane's most desirable suburbs.

Don't miss out on this exceptional investment or development opportunity. Contact Tim Davis today to arrange a private inspection or discuss how this property can work for you.

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