A 827sqm site within 5.4km from the CBD, featuring five fully self-contained units with a combined rental return of approx. $113,880 p.a. Zoned LMR2, this is a significant opportunity to capitalise on Coorparoo's mounting growth trajectory, redevelop, split and strata title, or sit on a rock-solid income stream (STCA). The location is an absolute knockout - steps from Coorparoo Square cinemas, grocers, restaurants, and the Martha Street precinct, it's a magnet for professionals, couples, and medical workers looking for ease of access to the CBD, major hospitals, daily essentials, and famed cafe culture.
Gross annual return approx. $113,880
827m2 block - sit, split & strata, or reno
LMR2 zoned, scope for additional levels (STCA)
1 x ground floor three bedroom unit
2 x two-bed units, 2 x one-bed unit
All units ft. undercover parking & laundry
5.4km to Brisbane CBD, stroll to express buses
Walk to ALDI, Coles, Woolworths & boutiques
Stroll to Martha St, Factory51 & Beyond the Pale
Close to Camp Hill Marketplace & Westfield
Easy access Loreto & Villanova Colleges
