36 Chermside Street
Grange, QLD 4051

This unique property offers a rare opportunity with a combined residential and commercial setup located just 15 minutes from Brisbane CBD. Situated on a prominent corner block, the property features a three-bedroom house alongside a commercial shop front, providing excellent exposure and high traffic for business purposes.

The commercial shop, currently operating as a takeaway, benefits from its strategic corner location at Chermside Street and Raymont Road, attracting both vehicular and pedestrian traffic. This space is versatile and could be adapted for various business uses including restaurant, retail, office, consulting, or beauty services, subject to council approvals.

Behind the commercial space lies a comfortable three-bedroom home, ideal for live-work arrangements, accommodating staff, or generating additional rental income. The residence includes a large main bedroom equipped with air-conditioning and a built-in wardrobe, a second bedroom also with air-conditioning, and a third bedroom suitable for a child’s room, home office, or multipurpose use.

The open-plan living, dining, and kitchen area creates a spacious and functional environment. The kitchen is fitted with a gas cooktop and freestanding oven, complemented by ceiling fans in both the living and kitchen areas to enhance comfort. The bathroom has been updated and features a walk-in shower and floating vanity. Additionally, there is an external laundry area with an extra toilet for convenience.

The property sits on a 405 square meter corner block, offering outdoor space that includes a double garage or shed with room for two vehicles. The backyard presents potential for further development, such as adding a second dwelling or shop, subject to council approval.

This property is well-suited for owner-occupiers, investors, or business owners seeking multiple income streams and lifestyle options. Its high-profile corner location and combined residential and commercial title provide significant future development opportunities.

Rent appraisal for the current use is estimated between $1,200 and $1,540 per week, reflecting the strong income potential of this versatile property.

Overall, this offering presents a flexible and promising investment or live-work opportunity in a convenient and sought-after location close to Brisbane’s central business district.