{"Slug":"block-of-units-1-68-cambridge-street-red-hill-qld-4059","CanonicalUrl":"https://realsearch.com.au/block-of-units-1-68-cambridge-street-red-hill-qld-4059","Address":"1/68 Cambridge Street, Red Hill, Qld 4059","Suburb":"Red Hill","State":"QLD","Postcode":"4059","PropertyType":"Block Of Units","Status":"For Sale","Headline":null,"Description":"Combining traditional character with a flexible dual-level configuration, this renovated inner-city cottage presents an outstanding opportunity for owner-occupiers and investors alike.With the potential to generate approximately $80,000 per annum, the property presents an outstanding income-producing opportunity in one of Brisbane's most convenient inner-city locations.The home is configured for rooming accommodation across two levels, providing flexibility to lease individual rooms or separate areas of the property. Owner-occupiers may choose to live upstairs while generating income from the fully self-contained accommodation downstairs.Investors can take advantage of the strong demand for student accommodation and inner-city rentals, with multiple leasing options and excellent access to Kelvin Grove, the CBD, public transport and surrounding education facilities.Property Highlights•\tNon Strata Titled with no body corporate fees•\tRenovated character cottage•\tPotential rental income of approximately $80,000 per annum•\tFlexible rooming accommodation configuration•\tFive bedrooms across two levels•\tFully self-contained accommodation downstairs•\tMultiple living and communal areas•\tCharacter features throughout•\tLow-maintenance inner-city property•\tLocated within the Kelvin Grove State College catchment•\tWalking distance to cafe's, shops and public transport•\tConvenient access to the CBD, QUT Kelvin Grove and leading private schools•\tIdeal for investors, student accommodation providers or owner-occupiers seeking additional incomeCurrently Fully leased with fixed term agreements Room 1- $320/wkRoom 2 - $320/wkRoom 3 - $310/wkRoom 4 - $280/wkRoom 5 - $295/wklOffering character, flexibility and considerable earning potential, this is a rare inner-city opportunity with multiple options for living, leasing and investing.Auction 30th September Ray White Paddington In Room Auctions157 Given Terrace, Paddington* Where properties are being sold without a price, in accordance with government regulations a price guide cannot be provided. Please also note that the website being viewed 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","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"Auction"},"Bedrooms":"5","Bathrooms":"2","Parking":null,"Features":[{"Name":"Bedrooms","Value":"5"},{"Name":"Bathrooms","Value":"2"}],"Inspections":[],"Auctions":[{"Title":"Wed 30 Sep at 6:00 pm","Address":"1/68 Cambridge Street, Red Hill, Qld 4059","Date":"2026-09-30T18:00:00","Outcome":null,"Upcoming":true}],"TimeZone":"AUS Eastern Standard Time","Latitude":-27.45719034,"Longitude":153.00797837,"Agent":{"Name":"Mathew  Abboud","CanonicalUrl":"https://realsearch.com.au/mathew-abboud-real-estate-agent-from-ray-white-paddington"},"Agency":{"Name":"Ray White - Paddington","CanonicalUrl":"https://realsearch.com.au/ray-white-paddington"},"CreatedAt":"2026-08-31T08:11:16.0818987","UpdatedAt":"2026-09-11T08:32:34.2160147"}