DA Approved 860sqm Site in Balmoral perfect for Investor and Developer
Why you’ll love it:
Only 350 metres from one of Brisbane’s most popular cafe precincts, in a superb location, is this whole solid brick complex consisting of four units on an 860sqm elevated parcel of land with potential city views. Zoned LMR2, This 1970’s complex comes with a current configuration of three, one-bedroom units and one, three-bedroom unit, all with secured garages.
– Registered on one title with no strata fees attached, opportunity at its best!
– Investor and developer opportunity within 5kms of Brisbane’s CBD
– 860sqm of high land with potential city views and steps to trendy Oxford Street, Bulimba
– Earning potential of $87,000 approx per annum
– Four solid brick units with secured garages
– Configured as 3 x 1-bedroom units and 1 x 3-bedroom unit
– DA (Development approval) and design plans for 4 large townhomes (designs available)
– 350 metres from Oxford Street’s plethora of cafes, restaurants, cinemas, medical centre, fitness and retail shops
– Steps to Bulimba State School and Bulimba Library with excellent choices of private or public schools all centrally located
– 1 km walk to the Bulimba CityCat, fabulous parks, riverwalks and golf course
Best suited for:
Investor or Developer looking for an opportunity to build in an awesome position and capitalise on return.