Located in a quiet, sought-after Carina North street, 63 Hendren Street offers a rare opportunity for investors, builders, or homeowners looking to capitalize on a fantastic location. Positioned on a generous 610m² block with a 17.6m wide frontage and a perfect north aspect, this property presents ample room for a new build or renovation. First offered to the market in over 18 years, this is a must-see for anyone looking to secure a prime piece of Carina real estate.

Key Features:

+ Generous 610m² Block: Flat, clean land with no underground encumbrances and no overland flow or flooding, providing peace of mind for development or renovation.

+ Dual Living Investment: Currently operating as two separate residences, returning a combined rental yield of $980 per week with excellent tenants in place until mid-2025.

+ Upstairs: Solid 3-bedroom, 1-bathroom home in mostly original condition with a front verandah, large downstairs storage/laundry area, and a dual lock-up garage with an additional carport. Currently returning $560 per week.

+ Downstairs: Renovated self-contained 1-bedroom studio with a large open-plan living area, modern kitchen, renovated bathroom, its own laundry facilities, and its own designated car space. Currently returning $420 per week.

+ Ideal for Builders or Investors: Renovate the existing floor plan or rebuild entirely to create your dream home or a high-yielding investment property.

+ Superb Carina North Location: Walking distance to Carina North Shopping Village, public transport, and local schools.

This property offers excellent long-term rental potential with an attractive combined rental income of $980 per week, providing a steady cash flow until mid-2025 with reliable tenants in place. Investors can hold this property as is, with the potential for future growth in one of Brisbane’s most sought-after suburbs, or capitalise on the generous land size and wide frontage by renovating the existing residences or demolishing and building your dream home or dual occupancy development.

With the current demand for new builds and renovated homes in the area, 63 Hendren Street offers strong potential for capital gain in the years to come. Whether you are looking to expand your investment portfolio or create your ideal family home, the possibilities are endless.

Don’t miss out on this exceptional opportunity- contact Pathrina Watson to arrange an inspection.