Presenting an unmissable opportunity in one of Brisbane’s most prestigious postcodes, this 1970’s solid double brick build on a huge 1161 m2 land parcel, is the perfect candidate for development or hold for future growth and investment.
Showcasing an impressive corner position for easy access 30m (Vulture St) x 39m (Didsbury St) and made up of seven established units, this solid property currently provides a combined high rental income of $100,000 per annum, with no body corporate fees.
While providing a strong rental return, there is also great potential, to capitalise on this desirable land comprising of 3 lots on the one title for an opportunity of new home builds, townhouses, apartments or professional suites (subject to council approval).
Consisting of 6 x 1 bedrooms and 1 very large x 3 bedroom unit with kitchen, meals, family room, patio and car accommodation.
Offering complete accessibility and every convenience, this ideal East Brisbane location is only 2.5 kilometres from the CBD and within easy access to Brisbane’s most elite schools, transport facilities and lifestyle precincts.
Positioned only one kilometre from the iconic Woolloongabba Cricket Ground and the new construction of Cross River Rail, makes this the quintessential property.
Delivering the scale, size and location required for a strong long term investment or development opportunity of subdividing is hard to find.
If you’re looking to make your next investment that will provide strong rental returns and capital value growth in one of Brisbane’s best inner-city postcodes, inspect now by appointment.