7 Line St, WOOLLOONGABBA QLD 4102

Dual Income, City Fringe Opportunity with Untapped Potential!

Sold Sold Date: 07 June 2025 Other

$867,000

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Bedroom

Bath

Car Spaces

Land Size

405.0 m²

Property Type

Other

Property Description

AUCTION THIS SATURDAY 7/06/25 AT 1:00PM.

Investor gold or inner city transformation? Why not both.

Welcome to 7 Line Street, Woolloongabba; a rare dual occupancy holding with a history of approval and a future full of potential. Approved for flat occupancy in 1961 and currently split into two self contained dwellings (1/7 Line & 2/7 Line Street), this unique offering delivers instant income in one of Brisbane’s fastest growing suburbs.

Whether you're seeking an investment, a strategic land bank, or an inner city character home with scope to restore and reimagine — opportunities like this are exceptionally rare.

Property Snapshot:
- Approved for flat occupancy since 1961
- Two fully self contained dwellings on one title
- Unit 1 currently rented at $410/week, lease expiring 8th September 2025
- Unit 2 currently rented at $410/week, lease expiring 14th August 2025
- Combined rental income of $820/week
- High growth inner city pocket just 3km to the CBD
- Surrounded by major infrastructure including Cross River Rail, The Gabba, and Brisbane’s health precinct
- Zoned for Brisbane South State Secondary College
- Positioned on a quiet, elevated street with strong development and lifestyle appeal
- QUU water rates approx $1552 per quarter

Renovate, land bank, develop (STCA), or continue to lease — the flexibility here is unmatched, and the upside is real.

Vendors are motivated and open to early offers. With dual income already in place and massive potential for capital growth, this one will not wait for auction day.

Contact Chelsea Keen today to secure an information pack or arrange a private viewing.

Property Details

Land Size

Bedrooms

Bathrooms

Car Spaces

405.0 m²

Property Type

Property Status

Other

Sold

Floor Plans

Get More Information

Chelsea Keen

0436006020

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Dual Income, City Fringe Opportunity with Untapped Potential!