A unique investment opportunity in a blue chip location, within 5km of Brisbane's CBD. This large unit block on 1,012sqm with projected rental return of approximately $100,000 per annum, is superbly located in the inner-city suburb of Greenslopes which is recording exciting growth. Currently occupied by three brick townhouses, its Lmr2 low-medium density residential zoning allows for the development of multiple dwellings. Within minutes of Greenslopes Private Hospital and Princess Alexandra Hospital, and offering excellent access to major infrastructure.
1,012sq m investment opportunity within 5km of Brisbane's CBD
Projected approx. rental return of $100,000 per annum, scope for additional growth through renovations
Lmr2 zoned land with 20.1m street frontage, potential for wide city views
Currently occupied by three townhouses (2 x 2 bedroom, 1 x 3 bedroom)
Minutes from Greenslopes Private, PA, Mater and QCH hospitals
Walk to a reliable bus service into the CBD, easy access to Logan Road
Surrounded by top schools including Mount Carmel, Loreto and Villanova
Close to popular Coorparoo, Stones Corner and Gabba precincts