Presenting two separate houses on one corner block, this exceptional property offers a unique opportunity in one of Brisbane's most sought-after suburbs. This is the first time in 99 years that these homes have been available for sale, making it a rare find. Located in a premier street with potential city views if you raise the homes, this property is ideal for investors, homeowners, and developers looking to add value.
Zoned Residential B R4, the potential for this property is endless: live in one home and rent out the other, lease both for strong returns, and explore future redevelopment options (subject to local council approval). With the city on your doorstep and a range of exciting possibilities, this is an investment not to be missed.
KEY FEATURES
• Both homes are charming workers' cottages, each offering two bedrooms, a bathroom, and private backyards
• Well-maintained and updated over the years, one home is currently vacant, while the other is tenanted by long-term residents who love the lifestyle Paddington provides.
• Spacious open plan living and dining areas with high ceilings and classic character features that enhance the homes' charm.
• Large backyard areas perfect for outdoor living, entertaining, or simply relaxing in a premium inner-city location.
• Corner block with side access for further improvements, offering versatility whether you're looking for multi-generational living, dual-income potential, or future renovations or developments (subject to local council approvals).
LOCATION & LIFESTYLE
• Situated in the heart of Paddington, you're just moments from everything the area has to offer.
• Dining & cafes a short stroll to Latrobe Terrace, home to boutique cafés, trendy restaurants, and wine bars.
• Shopping & amenities close to The Barracks Shopping Centre, Rosalie Village, and major supermarkets for convenience.
• Public transport easy access to buses and Milton train station, providing quick connections to Brisbane's CBD.
• Top Schools nearby within catchment for Milton State School & Kelvin Grove State College, with prestigious private schools like Brisbane Grammar and St. Joseph's just a short drive away.
• Parks & recreation, enjoy the nearby lush green spaces of Suncorp Stadium Parklands, Frew Park, and Roma Street Parklands.
A Unique Opportunity! Properties of this caliber, with such flexibility and potential, are rarely available in Paddington. Whether you're looking to move in, invest, or landbank, 5 - 7 Cochrane Street offers a golden opportunity. For more information or to arrange a private viewing, contact Nicholas Stankiewicz 0421 579 861.
Disclaimer: We have in preparing this information used our best endeavors to ensure that the information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their inquiries to verify the information contained herein. All information contained by NS Properties Brisbane is provided as a convenience to clients.
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