7 High Street, Highgate Hill QLD 4101

A rare find in Highgate Hill is this high yield investment with development potential. Located in a quiet riverside street, yet only moments to Boundary Street and The South Bank Parklands. The property is fully tenanted and currently returning over $175,000 per annum. With 16 rooms in total, there is a 4 bedroom flat at the front and the rear of the property has a 12 room student style accommodation. Positioned on a generous 810m2 of land with north/east aspect. There are multiple options, keep it as a high yield investment ? or develop into your dream home or build 2 new homes ? subject to council approval. - High yield investment returning over $175,000 per annum - Student style accommodation with 16 rooms - Potential to develop and build your dream home (STCA) - A generous 810m2 of land on 2 lots - Brisbane State High catchment - Walk to West End's Boundary Street - Walk to South Bank Parklands - Brisbane CBD is less than 2.5kms away This lifestyle location is minutes to Hardgrave Road and Boundary Streets restaurants, cafes and bars. West Village's Harris Farm Markets and Woolworths are just moments away. Surrounded by Brisbane's most sought after schools - West End State School, Brisbane State High, St Laurence's and Somerville House. The South Bank Parklands and the performing arts precinct of South Brisbane are within a short walk. Brisbane CBD is only 2.5kms away for those seeking a convenient inner city lifestyle. Auction on site Saturday December 2nd at 3:00pm - if not sold prior Disclaimer: This property is being sold by public auction and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.